US EditionDAVENPORT & Co LLC Grows Position in Salesforce Inc. $CRM
Exchange Traded Concepts LLC raised its Palo Alto Networks stake by 29.4% in Q3, holding 32,155 shares valued at $6.5 million, amid broader institutional ownership of 79.82%.
- In the 3rd quarter, Exchange Traded Concepts LLC raised its Palo Alto Networks, Inc. stake by 29.4%, buying 7,301 shares to own 32,155 shares valued at $6,547,000.
- Palo Alto Networks, founded in 2005 and headquartered in Santa Clara, California, has institutional investors owning 79.82% of its stock, highlighting major shareholder influence.
- Insider transactions disclosed to the SEC indicate insiders sold 376,922 PANW shares worth $77,963,339, including EVP Lee Klarich's October 6 sale of 120,774 shares for $25,594,426.08 and Director James J. Goetz's December 8 sale of 12,500 shares for $2,441,625.00.
- According to analysts and MarketBeat.com, several raised price targets including Robert W. Baird to $240.00 t and Piper Sandler to $230.00 t, while PANW opened at $188.12 with a $131.12 billion market cap.
- Smaller investors also bought stakes in the 2nd quarter, with Briaud Financial Planning Inc, Howard Hughes Medical Institute, and MTM Investment Management LLC adding new positions worth about $28,000, $29,000, and $31,000, while analysts rate PANW thirty-one Buy, nine Hold, two Sell.
4 Articles
4 Articles
Exchange Traded Concepts LLC Raises Holdings in Palo Alto Networks, Inc. $PANW
Exchange Traded Concepts LLC increased its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 29.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,155 shares of the network technology company’s stock after purchasing an additional 7,301 shares during the period. Exchange Traded Concepts LLC’s holdings in Palo Alto Networks were worth $6,547,…
Palo Alto Networks, Inc. $PANW Shares Acquired by Exchange Traded Concepts LLC
Exchange Traded Concepts LLC boosted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 29.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,155 shares of the network technology company’s stock after purchasing an […]
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
