Large Outflow of Money Witnessed in Palo Alto Networks

Palo Alto Networks (PANW) : The value of composite uptick trades was $27.6 million, whereas, the value of composite downtick trades was $38.73 million. The uptick to downtick ratio stood at 0.71 with a negative money flow of ($11.13) Million during Tuesdays trading session. The block trades money flow was negative ($8.51 million). The transaction of the trades on downticks amounted to $8.51 million, which confirms investors selling on the strength of price. Palo Alto Networks (PANW) gained 9 cents at $128.11, an increase of 0.07% over the previous days close.


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 -1.81% . Institutional Investors own 85.16% of Palo Alto Networks shares. During last six month period, the net percent change held by insiders has seen a change of -8.59%. In an insider trading activity, Anderson Mark, officer (EVP of WW Field Ops) of Palo Alto Networks Inc, unloaded 2,203 shares at an average price of $127.1 on June 21, 2016. The total amount of the transaction was worth $280,001, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Palo Alto Networks, Inc. appreciated by 6.74% during the last five trading days but lost 3.33% on a 4-week basis. Palo Alto Networks, Inc. has dropped 8.74% during the last 3-month period . Year-to-Date the stock performance stands at -27.96%.

Palo Alto Networks (NYSE:PANW): On Tuesdays trading session , Opening price of the stock was $127.4 with an intraday high of $128.49. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $124.75. However, the stock managed to close at $126.89, a loss of 0.88% for the day. On the previous day, the stock had closed at $128.02. The total traded volume of the day was 1,574,962 shares.

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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