Palo Alto Networks Inc (PANW) : St Germain D J Co Inc scooped up 1,269 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 21, 2016. The investment management firm now holds a total of 4,850 shares of Palo Alto Networks Inc which is valued at $720,322.Palo Alto Networks Inc makes up approximately 0.10% of St Germain D J Co Inc’s portfolio.
Palo Alto Networks Inc opened for trading at $151.95 and hit $156.01 on the upside on Wednesday, eventually ending the session at $156.01, with a gain of 3.45% or 5.21 points. The heightened volatility saw the trading volume jump to 18,61,765 shares. Company has a market cap of $13,787 M.
Other Hedge Funds, Including , Weatherly Asset Management L. P. added PANW to its portfolio by purchasing 3,075 company shares during the most recent quarter which is valued at $456,699. Palo Alto Networks Inc makes up approx 0.16% of Weatherly Asset Management L. P.’s portfolio.Gateway Investment Advisers reduced its stake in PANW by selling 19,564 shares or 32.79% in the most recent quarter. The Hedge Fund company now holds 40,095 shares of PANW which is valued at $5,954,909. Palo Alto Networks Inc makes up approx 0.05% of Gateway Investment Advisers’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.Neville Rodie Shaw Inc boosted its stake in PANW in the latest quarter, The investment management firm added 1,650 additional shares and now holds a total of 13,225 shares of Palo Alto Networks Inc which is valued at $1,860,229. Palo Alto Networks Inc makes up approx 0.22% of Neville Rodie Shaw Inc’s portfolio. Churchill Management Corp sold out all of its stake in PANW during the most recent quarter. The investment firm sold 207,418 shares of PANW which is valued $29,175,416.
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).