Crosslink Capital INC Decreased Palo Alto Networks (PANW) Stake as Shares Rose

April 20, 2018 - By Julia Strobel

Palo Alto Networks, Inc. (NYSE:PANW) Corporate LogoDuring Q4 2017 the big money sentiment increased to 1.22. That’s change of 0.06, from 2017Q3’s 1.16. 36 investors sold all, 160 reduced holdings as PANW ratio improved. 152 grew positions while 87 funds took positions. Funds hold 70.89 million shares thus 1.01% more from 2017Q3’s 70.19 million shares. Hsbc Hldgs Plc holds 130,119 shs or 0.03% of its capital. 3,425 were reported by American Money Management Lc. Ahl Ptnrs Llp has invested 0% in Palo Alto Networks, Inc. (NYSE:PANW). 400 are owned by Highlander Mgmt Ltd. 422,147 are owned by D E Shaw And. Geode Management Llc has invested 0.03% in Palo Alto Networks, Inc. (NYSE:PANW). Denver Inv Limited Com reported 0.65% in Palo Alto Networks, Inc. (NYSE:PANW). Stifel Fin Corporation reported 41,919 shs. Blair William And Il stated it has 0.07% of its capital in Palo Alto Networks, Inc. (NYSE:PANW). Moreover, Gulf International Natl Bank (Uk) Ltd has 0.05% invested in Palo Alto Networks, Inc. (NYSE:PANW). Aviance Capital Mngmt Ltd Liability Corporation holds 0% or 278 shs. Fmr accumulated 231,210 shs or 0% of the stock. Choate Investment Advisors, Massachusetts-based fund reported 2,053 shs. Field Main Bancorp owns 5,675 shs or 0.79% of their US capital. Alyeska Gp LP stated it has 773,014 shs or 0.96% of all its holdings.

PANW had 13 selling transactions and 0 buys since December 15, 2017. This’s net activity of $53.90 million. $5.52M worth of Palo Alto Networks, Inc. (NYSE:PANW) was sold by MCLAUGHLIN MARK D on Thursday, February 1. On Tuesday, March 13 the insider MERESMAN STANLEY J sold $373,709.

Seymour Sy Kaufman’s holdings in Palo Alto Networks (PANW) is reduced by 8.52% based on its latest 2017Q4 regulatory filing with the SEC. By selling 21,170 shares Crosslink Capital Inc made the stock popped up with 22.78%. At the end of 2017Q4, the 227,198 shares of the technology company held by the hedge fund run by Seymour Sy Kaufman were priced at $32.93M, down from 248,368 at the end of the previous reported quarter. Crosslink Capital Inc has risen its stake in and also increased its holding in Cyrusone (NASDAQ:CONE) by 164,324 shares in the quarter, for a total of 365,794 shares.

Analysts await Palo Alto Networks, Inc. (NYSE:PANW) to report earnings on May, 30. They expect $-0.13 earnings per share, up 74.51 % or $0.38 from last year’s $-0.51 per share. After $-0.40 actual earnings per share reported by Palo Alto Networks, Inc. for the previous quarter, Wall Street now forecasts -67.50 % EPS growth.

Palo Alto Networks, Inc. (NYSE:PANW) Ratings Coverage

Total analysts of 25 have positions in Palo Alto Networks (NYSE:PANW) as follows: 23 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 92%. The firm has $224 highest while $155.0 is the lowest [Target]. The average target $197.22 is 2.71% above the last ($192.02) price. Since October 27, 2017 according to StockzIntelligence Inc Palo Alto Networks has 43 analyst reports. On Monday, February 26 Piper Jaffray maintained Palo Alto Networks, Inc. (NYSE:PANW) with “Buy” rating. On Tuesday, February 27 Deutsche Bank maintained Palo Alto Networks, Inc. (NYSE:PANW) with “Buy” rating. The stock rating was maintained by Stephens with “Buy” on Tuesday, February 27. On Tuesday, February 27 the stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Outperform” rating by Imperial Capital. On Monday, January 22 Goldman Sachs downgraded Palo Alto Networks, Inc. (NYSE:PANW) to “Hold” rating. On Tuesday, November 21 the rating was maintained by KeyBanc Capital Markets with “Buy”. On Thursday, January 18 the stock has “Buy” rating by Evercore. In Thursday, February 22 report RBC Capital Markets maintained the stock with “Buy” rating. On Tuesday, February 27 Morgan Stanley maintained Palo Alto Networks, Inc. (NYSE:PANW) with “Overweight” rating. On Tuesday, February 27 the company was maintained by Citigroup.

Palo Alto Networks, Inc. (NYSE:PANW) Institutional Investors Chart

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