Out of 38 analysts covering Palo Alto Networks (NYSE:PANW), 38 rate it “Buy”, 0 “Sell”, while 3 “Hold”. This means 93% are positive. Palo Alto Networks was the topic in 53 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Below is a list of Palo Alto Networks Inc (NYSE:PANW) latest ratings and price target changes.
05/04/2016 Broker: Goldman Sachs Rating: Buy Old Target: $191.00 New Target: $188.00 Maintain
21/03/2016 Broker: Goldman Sachs Rating: Buy New Target: $191.00 Initiate
26/02/2016 Broker: Bank of America Old Rating: Neutral New Rating: Buy New Target: $210.00 Upgrade
26/02/2016 Broker: FBR Capital Rating: Outperform Old Target: $160.00 New Target: $170.00 Maintain
26/02/2016 Broker: Needham Rating: Buy Old Target: $202.00 New Target: $171.00 Maintain
26/02/2016 Broker: RBC Capital Markets Rating: Outperform Old Target: $185.00 New Target: $195.00 Maintain
26/02/2016 Broker: Topeka Capital Markets Rating: Buy Old Target: $225.00 New Target: $195.00 Maintain
23/02/2016 Broker: Cowen & Co Rating: Outperform Old Target: $210.00 New Target: $190.00 Target Down
23/02/2016 Broker: UBS Rating: Buy Old Target: $205.00 New Target: $185.00 Target Down
22/02/2016 Broker: Oppenheimer Rating: Outperform Old Target: $196.00 New Target: $177.00 Target Down
About 2.90M shares traded hands or 45.00% up from the average. Palo Alto Networks Inc (NYSE:PANW) has declined 3.65% since August 31, 2015 and is downtrending. It has underperformed by 8.44% the S&P500.
Palo Alto Networks, Inc. is a security company. The company has a market cap of $13.77 billion. The Company’s security platform consists of three elements: its Next-Generation Firewall, its Advanced Endpoint Protection, and its Threat Intelligence Cloud. It currently has negative earnings. The Company’s Next-Generation Firewall delivers application, user, and content visibility and control, as well as protection against network cyber threats integrated within the firewall through its hardware and software architecture.
The institutional sentiment increased to 1.39 in Q3 2015. Its up 0.15, from 1.24 in 2015Q2. The ratio improved, as 50 funds sold all Palo Alto Networks Inc shares owned while 153 reduced positions. 83 funds bought stakes while 199 increased positions. They now own 59.77 million shares or 10.21% less from 66.56 million shares in 2015Q2.
Sc Xi Management Llc holds 69.96% of its portfolio in Palo Alto Networks Inc for 2.02 million shares. Hamilton Lane Advisors Llc owns 105,924 shares or 8.98% of their US portfolio. Moreover, Afton Capital Management Llc has 5.85% invested in the company for 11,500 shares. The California-based Scge Management L.P. has invested 5.57% in the stock. Westend Capital Management Llc, a California-based fund reported 23,467 shares.
Since March 10, 2015, the stock had 0 insider buys, and 6 sales for $6.47 million net activity. Bonvanie Rene sold 224 shares worth $36,202. Tomlinson Steffan sold 237 shares worth $38,304. Zuk Nir sold 224 shares worth $36,202. Mclaughlin Mark D sold 35,000 shares worth $5.88 million. The insider Warmenhoven Daniel J sold 5,000 shares worth $872,116.
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