Palo Alto Networks Inc (PANW): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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Stocks Info

This NASDAQ-listed company operates within the Software – Infrastructure industry segment, falling under the Technology sector. The current market capitalization of Palo Alto Networks Inc is $104.99B. A total of 2.46 million shares were traded on the day, compared to an average of 3.33M shares.

In the most recent transaction, Klarich Lee sold 125,866 shares of PANW for 335.00 per share on Jul 08 ’24. After the transaction, the EVP, Chief Product Officer now owns 166,542 company shares. In a previous transaction on Jul 01 ’24, Arora Nikesh sold 66,668 shares at 336.54 per share. PANW shares that Chief Executive Officer owns now total 694,228.

Among the insiders who sold shares, ZUK NIR disposed of 36,000 shares on Jul 01 ’24 at a per-share price of $339.16. This resulted in the EVP, Chief Technology Officer holding 1,223,567 shares of PANW after the transaction. In another insider transaction, Jenkins William D Jr sold 1,475 shares at $339.12 per share on Jul 01 ’24. Company shares held by the President now total 19,026.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, PANW has a high of $380.84 and a low of $201.17.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PANW’s latest balance sheet shows that the firm has $2.90B in Cash & Short Term Investments as of fiscal 2021. There were $3.54B in debt and $5.12B in liabilities at the time. Its Book Value Per Share was $13.82, while its Total Shareholder’s Equity was $763.60M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PANW is Buy with a score of 4.41.

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