Eagleclaw Capital Managment buys $772,268 stake in Palo Alto Networks Inc (PANW)

Palo Alto Networks Inc (PANW) : Eagleclaw Capital Managment scooped up 4,730 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 8, 2016. The investment management firm now holds a total of 6,155 shares of Palo Alto Networks Inc which is valued at $772,268.Palo Alto Networks Inc makes up approximately 0.49% of Eagleclaw Capital Managment’s portfolio.

Other Hedge Funds, Including , Hellman Jordan Management Co Inc sold out all of its stake in PANW during the most recent quarter. The investment firm sold 7,063 shares of PANW which is valued $886,195. Princeton Alpha Management Lp added PANW to its portfolio by purchasing 14,971 company shares during the most recent quarter which is valued at $1,972,878. Palo Alto Networks Inc makes up approx 0.33% of Princeton Alpha Management Lp’s portfolio. Columbus Circle Investors sold out all of its stake in PANW during the most recent quarter. The investment firm sold 365,559 shares of PANW which is valued $47,380,102.Bbva Compass Bancshares Inc boosted its stake in PANW in the latest quarter, The investment management firm added 323 additional shares and now holds a total of 2,713 shares of Palo Alto Networks Inc which is valued at $355,105. Palo Alto Networks Inc makes up approx 0.03% of Bbva Compass Bancshares Inc’s portfolio.Gulf International Bank (uk) Ltd boosted its stake in PANW in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 24,985 shares of Palo Alto Networks Inc which is valued at $3,181,590. Palo Alto Networks Inc makes up approx 0.05% of Gulf International Bank (uk) Ltd’s portfolio.

Palo Alto Networks Inc opened for trading at $127.17 and hit $131.18 on the upside on Monday, eventually ending the session at $131, with a gain of 3.00% or 3.82 points. The heightened volatility saw the trading volume jump to 13,92,679 shares. Company has a market cap of $11,738 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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