Brokerages Set Palo Alto Networks, Inc. (NYSE:PANW) Target Price at $149.79

Paterniano Del Favero
Agosto 3, 2017

About 250,451 shares traded. It is down 16.31% since August 3, 2016 and is downtrending. It has underperformed by 15.21% the S&P500. Clearbridge Investments LLC raised its stake in Palo Alto Networks by 11.3% in the first quarter. Its down 2% from 956,600 shares previously. More interesting news about Palo Alto Networks Inc (NYSE:PANW) were released by: Prnewswire.com and their article: "Palo Alto Networks Upholds Leadership Position in Gartner Magic Quadrant for ..." published on July 17, 2017 as well as Bloomberg.com's news article titled: "How Musical Chairs in the Executive Suite Cost This Company $127 Million" with publication date: August 02, 2017. About 195,698 shares traded. Fisher Asset Management LLC's holdings in Palo Alto Networks were worth $1,030,000 at the end of the most recent reporting period. It has underperformed by 33.01% the S&P500. It is down 10.45% since August 3, 2016 and is uptrending. The insider BARSHEFSKY CHARLENE sold $221,571. The shares were sold at an average price of $137.97, for a total transaction of $4,139,100.00. 23,304 shares valued at $2.19 million were sold by Demsey John on Wednesday, May 10. Federated Investors Pa stated it has 7,100 shares or 0% of all its holdings. The stock declined 1.94% or $2.58 reaching $130.5 per share. $196,684 worth of stock was sold by Trower Alexandra C. on Tuesday, February 14. Twenty-one analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company's stock. Therefore 25% are positive.

06/01/2017 - Palo Alto Networks, Inc. had its " rating reiterated by analysts at Wunderlich. WFG Advisors LP now owns 900 shares of the network technology company's stock worth $101,000 after buying an additional 50 shares during the period. The rating was maintained by UBS with "Buy" on Friday, May 27. Saratoga Research & Investment Management acquired 12,954 shares as Expeditors Int'l Of Wa (EXPD)'s stock declined 6.64%. The firm has "Buy" rating given on Friday, July 7 by Citigroup. Swiss Bank & Trust holds 0.07% in Expeditors International of Washington (NASDAQ:EXPD) or 836,906 shares. On Thursday, June 1 the stock rating was maintained by RBC Capital Markets with "Buy". The firm earned "Buy" rating on Friday, June 9 by Needham. The company has market cap of $36.25 billion. It has a 15.75 P/E ratio. The Firm operates in beauty products segment.

Investors sentiment decreased to 1.07 in 2016 Q4. Its up 0.01, from 0.91 in 2016Q3.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Dekabank Deutsche Girozentrale reported 48,576 shares. William Blair downgraded Palo Alto Networks Inc (NYSE:PANW) on Wednesday, March 1 to "Market Perform" rating. The number of shares now owned by investors are 92.73 mln. Cramer Rosenthal Mcglynn Ltd Com invested in 1.25M shares. Canada Pension Plan Investment Board holds 8,700 shares or 0% of its portfolio. Covington Inv Advisors holds 24,527 shares or 1.3% of its portfolio. Royal Bancshares Of Canada reported 0% in Cabelas Inc (NYSE:CAB). Hightower Llc has invested 0% in Cabelas Inc (NYSE:CAB). Blackrock Mngmt Lc reported 455,140 shares stake. California State Teachers Retirement Sys holds 0.05% or 180,762 shares. Bnp Paribas Arbitrage owns 192,366 shares for 0.07% of their portfolio. 13,795 are held by United Asset Strategies. Vetr downgraded Palo Alto Networks from a "buy" rating to a "hold" rating and set a $140.90 price objective on the stock.in a report on Monday, July 10th. Therefore 60% are positive.

Palo Alto Networks, Inc. offers a next-generation security platform. Stifel Nicolaus maintained it with "Hold" rating and $5900 target in Thursday, June 29 report.

06/01/2017 - Palo Alto Networks, Inc. had its " rating reiterated by analysts at BTIG Research. Forward View upgraded Cabelas Inc (NYSE:CAB) rating on Monday, February 22. DA Davidson initiated Palo Alto Networks Inc (NYSE:PANW) rating on Friday, October 16. The rating was initiated by Jefferies with "Hold" on Wednesday, January 18.

Since February 6, 2017, it had 0 buys, and 1 sale for $1.67 million activity. Shares for $1.67 million were sold by ZUK NIR. Palo Alto Networks Inc now has $11.93B valuation. As per Tuesday, November 24, the company rating was maintained by RBC Capital Markets. It now has negative earnings. Its Next-Generation Firewall delivers application, user and content visibility and control, as well as protection against network-based cyber threats integrated within the firewall through its hardware and software architecture.

Investors sentiment decreased to 1.35 in 2016 Q4. Its down 0.17, from 1.24 in 2016Q3. Mn Services Vermogensbeheer B.V. raised its stake in shares of Palo Alto Networks by 6.4% in the first quarter. 79 funds opened positions while 153 raised stakes. Old Mutual Customised Solutions (Proprietary) Limited owns 700 shares for 0.02% of their portfolio. Brown Advisory Inc owns 198,948 shares. Hightower Advsrs Ltd stated it has 46,319 shares or 0.06% of all its holdings. Finally, Salem Investment Counselors Inc. purchased a new position in shares of Palo Alto Networks during the first quarter worth approximately $191,000. 90,392 were accumulated by Essex Invest Mgmt Limited Liability Co. Palo Alto Networks has a one year low of $107.31 and a one year high of $165.69. Highbridge Cap Management Limited Liability holds 0% or 28,006 shares. Cadian Capital Management Lp has 4.81% invested in Palo Alto Networks Inc (NYSE:PANW). Ridgeworth Capital Mgmt Limited Liability Company reported 0.12% stake. Natixis reported 0.02% stake. On average, equities research analysts expect that Palo Alto Networks, Inc. will post $2.59 EPS for the current year.

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