Large Inflow of Money Detected in Palo Alto Networks

Palo Alto Networks (PANW) : Palo Alto Networks (PANW) had a healthy money flow of $1.41 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $26.85 million, whereas, investors only sold shares worth $25.45 million on downticks. The stock closed the day with an up-down ratio of 1.06.The money flow in the block trades to the tune of $1.94 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $1.94 million worth of transactions were on upticks. Palo Alto Networks (PANW) stock slid $2.44 intraday and traded at 124.9, a change of -1.92% over previous days close. However, for the week, the company shares are -0.83% compared to previous weeks close.


The stock has recorded a 20-day Moving Average of 0.18% and the 50-Day Moving Average is 5.89%. Shares have dropped -30.52% from its 1 Year high price. On Jul 24, 2015, the shares registered one year high at $200.55 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $130.44 and the 200 Day Moving Average price is recorded at $143.22.

Palo Alto Networks (NYSE:PANW): The stock opened at $128.56 on Thursday but the bulls could not build on the opening and the stock topped out at $129.61 for the day. The stock traded down to $124.00 during the day, due to lack of any buying support eventually closed down at $124.63 with a loss of -2.13% for the day. The stock had closed at $127.34 on the previous day. The total traded volume was 1,359,433 shares.

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.

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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