Palo Alto Networks Inc (PANW) : Mathes Company scooped up 15,422 additional shares in Palo Alto Networks Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 25,625 shares of Palo Alto Networks Inc which is valued at $3,866,044.Palo Alto Networks Inc makes up approximately 2.32% of Mathes Company’s portfolio.
Palo Alto Networks Inc opened for trading at $151.65 and hit $151.99 on the upside on Monday, eventually ending the session at $151.88, with a gain of 0.67% or 1.01 points. The heightened volatility saw the trading volume jump to 8,10,419 shares. Company has a market cap of $13,422 M.
Other Hedge Funds, Including , Davenport Co reduced its stake in PANW by selling 125 shares or 1.43% in the most recent quarter. The Hedge Fund company now holds 8,629 shares of PANW which is valued at $1,301,857. Palo Alto Networks Inc makes up approx 0.02% of Davenport Co’s portfolio.Winslow Evans Crocker boosted its stake in PANW in the latest quarter, The investment management firm added 218 additional shares and now holds a total of 738 shares of Palo Alto Networks Inc which is valued at $109,608. Palo Alto Networks Inc makes up approx 0.03% of Winslow Evans Crocker’s portfolio.Next Financial Group Inc boosted its stake in PANW in the latest quarter, The investment management firm added 1,262 additional shares and now holds a total of 4,724 shares of Palo Alto Networks Inc which is valued at $701,608. Palo Alto Networks Inc makes up approx 0.24% of Next Financial Group Inc’s portfolio.Hellman Jordan Management Co Inc reduced its stake in PANW by selling 63,647 shares or 90.01% in the most recent quarter. The Hedge Fund company now holds 7,063 shares of PANW which is valued at $1,048,997. Palo Alto Networks Inc makes up approx 2.54% of Hellman Jordan Management Co Inc’s portfolio. Integrated Investment Consultants added PANW to its portfolio by purchasing 975 company shares during the most recent quarter which is valued at $137,144. Palo Alto Networks Inc makes up approx 0.08% of Integrated Investment Consultants’s portfolio.
On the company’s financial health, Palo Alto Networks Inc reported $0.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $0.39. The company had revenue of $334.70 million for the quarter, compared to analysts expectations of $318.45 million. The company’s revenue was up 53.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.
Many Wall Street Analysts have commented on Palo Alto Networks Inc. Wunderlich Upgraded Palo Alto Networks Inc on Apr 26, 2016 to ” Buy”, Price Target of the shares are set at $190.Company shares were Reiterated by Maxim Group on Apr 11, 2016 to “Buy”, Firm has raised the Price Target to $ 215 from a previous price target of $214 .Shares were Reiterated by UBS on Apr 11, 2016 to “Buy” and Lowered the Price Target to $ 180 from a previous price target of $186 .
Palo Alto Networks Inc. is a security company. The Company’s security platform consists of three elements: its Next-Generation Firewall its Advanced Endpoint Protection and its Threat Intelligence Cloud. The Company’s 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. Its Advanced Endpoint Protection prevents cyber-attacks that aim to exploit software vulnerabilities on a range of fixed and virtual endpoints and servers. The Company’s Threat Intelligence Cloud provides central intelligence capabilities security for software as a service (SaaS) applications and automated delivery of preventative measures against cyber-attacks. The Company’s PAN-OS operating system contains App-ID User-ID site-to-site virtual private network (VPN) remote access secure sockets layer (SSL) VPN and Quality-of-Service (QoS).