Ayalon Holdings Ltd. buys $108,872 stake in Palo Alto Networks Inc (PANW)

Palo Alto Networks Inc (PANW) : Ayalon Holdings Ltd. scooped up 440 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 Aug 1, 2016. The investment management firm now holds a total of 840 shares of Palo Alto Networks Inc which is valued at $108,872.Palo Alto Networks Inc makes up approximately 0.09% of Ayalon Holdings Ltd.’s portfolio.

Other Hedge Funds, Including , Agf Investments reduced its stake in PANW by selling 137,985 shares or 47.87% in the most recent quarter. The Hedge Fund company now holds 150,244 shares of PANW which is valued at $19,473,125. Palo Alto Networks Inc makes up approx 0.21% of Agf Investments’s portfolio. Armbruster Capital Management sold out all of its stake in PANW during the most recent quarter. The investment firm sold 23 shares of PANW which is valued $3,010.Loring Wolcott Coolidge Fiduciary Advisors Llpma reduced its stake in PANW by selling 550 shares or 37.04% in the most recent quarter. The Hedge Fund company now holds 935 shares of PANW which is valued at $119,063.Franklin Street Advisors Inc Nc boosted its stake in PANW in the latest quarter, The investment management firm added 11,707 additional shares and now holds a total of 19,977 shares of Palo Alto Networks Inc which is valued at $2,543,871. Palo Alto Networks Inc makes up approx 0.47% of Franklin Street Advisors Inc Nc’s portfolio.Newman Dignan Sheerar boosted its stake in PANW in the latest quarter, The investment management firm added 25 additional shares and now holds a total of 2,000 shares of Palo Alto Networks Inc which is valued at $251,880. Palo Alto Networks Inc makes up approx 0.16% of Newman Dignan Sheerar’s portfolio.

Palo Alto Networks Inc opened for trading at $130 and hit $132.11 on the upside on Thursday, eventually ending the session at $131.44, with a gain of 1.41% or 1.83 points. The heightened volatility saw the trading volume jump to 11,91,905 shares. Company has a market cap of $11,777 M.

On the company’s financial health, Palo Alto Networks Inc reported $0.42 EPS for the quarter, based on the information available during the earnings call on May 26, 2016. Analyst had a consensus estimate of $0.42. The company had revenue of $345.80 million for the quarter, compared to analysts expectations of $339.86 million. The company’s revenue was up 47.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

Many Wall Street Analysts have commented on Palo Alto Networks Inc. Shares were Reiterated by Dougherty & Company on May 27, 2016 to “Buy” and Lowered the Price Target to $ 200 from a previous price target of $215 .Shares were Reiterated by RBC Capital Mkts on May 27, 2016 to “Outperform” and Lowered the Price Target to $ 185 from a previous price target of $195 .Palo Alto Networks Inc was Downgraded by Needham to ” Hold” on May 27, 2016.

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).

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