Large Outflow of Money Witnessed in Palo Alto Networks

Palo Alto Networks (NYSE:PANW) managed to stay afloat and traded higher with an addition of 0.45 point or 0.34% at $131.71. The money flow data is a negative $(-1.47) million with $39.76 million in upticks and $41.23 million in downticks. The intraday up/down ratio came in at 0.96. The shares have seen -5.68% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $2.61 million and the combined worth of the downticks was $4.31, Million, leading to the up/down ratio of 0.61. The block trade saw a net money flow of $(-1.7) million.


Currently the company Insiders own 4.8% of Palo Alto Networks shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.81% . Institutional Investors own 85.13% of Palo Alto Networks shares. During last six month period, the net percent change held by insiders has seen a change of -10.16%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Mclaughlin Mark D, director officer (President & CEO) of Palo Alto Networks Inc, had unloaded 61,423 shares at an average price of $138.18 in a transaction dated on June 2, 2016. The total value of the transaction was worth $8,487,430.

Palo Alto Networks (NYSE:PANW) : On Monday heightened volatility was witnessed in Palo Alto Networks (NYSE:PANW) which led to swings in the share price. The stock opened for trading at $130.3 and hit $134.44 on the upside , eventually ending the session at $131.71, with a gain of 0.34% or 0.45 points. The heightened volatility saw the trading volume jump to 1,171,585 shares. The 52-week high of the share price is $200.55 and the company has a market cap of $11,802 million. The 52-week low of the share price is at $111.0901 .

Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, JP Morgan maintains its outlook on Palo Alto Networks (NYSE:PANW). The current rating of the shares is Overweight, according to the research report released by the firm. The brokerage firm lowers the price target from $216 per share to $196 per share. The rating by the firm was issued on May 27, 2016.

Palo Alto Networks, Inc. is a security company. The Companys security platform consists of three elements: its Next-Generation Firewall, its Advanced Endpoint Protection, and its Threat Intelligence Cloud. The Companys 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 Companys 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 Companys 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).

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