Shares of Palo Alto Networks (PANW) Sees Large Outflow of Money

Palo Alto Networks (PANW) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (5.29 million) in Palo Alto Networks (PANW). On Monday, The value of composite uptick trades was $42.35 million, whereas, the value of composite downtick trades was $47.64 million and the ratio between the two was 0.89, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $6.19 million. The negative money flow of ($6.19 million) shows selling on strength. Palo Alto Networks (PANW) gained $3.82 intraday at $131 and registrered 3% for the week.


Shares of Palo Alto Networks, Inc. rose by 2.02% in the last five trading days and 5.93% for the last 4 weeks. Palo Alto Networks, Inc. has dropped 2.78% during the last 3-month period . Year-to-Date the stock performance stands at -25.63%.

Palo Alto Networks (NYSE:PANW): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $127.17 and $126.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $131.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $131.00, notching a gain of 3.00% for the day. The total traded volume was 1,392,679 . The stock had closed at $127.18 on the previous day.

In a related news, 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.

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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