Mark Anderson Unloaded 30000 shares of Palo Alto Networks, Inc. (PANW) in an Insider Trade; Levin Capital Strategies LP Boosted Bank Amer (BAC) Stake

Palo Alto Networks, Inc. (NYSE:PANW) Logo

Levin Capital Strategies Lp increased Bank Amer Corp (BAC) stake by 35.86% reported in 2018Q1 SEC filing. Levin Capital Strategies Lp acquired 1.25M shares as Bank Amer Corp (BAC)’s stock declined 6.97%. The Levin Capital Strategies Lp holds 4.74 million shares with $142.03 million value, up from 3.49M last quarter. Bank Amer Corp now has $302.56B valuation. The stock decreased 0.20% or $0.06 during the last trading session, reaching $29.84. About 68.90 million shares traded or 2.87% up from the average. Bank of America Corporation (NYSE:BAC) has risen 29.72% since June 14, 2017 and is uptrending. It has outperformed by 17.15% the S&P500. Some Historical BAC News: ; 09/04/2018 – Brazil’s XP Hires Bank of America’s Luketic as Head of Research; 15/05/2018 – Bank of America Merrill Lynch predicts several gaming-related companies will benefit from legalized sports betting; 07/05/2018 – ♫ Reuters Insider – Bank of America finance gunmaker despite its pledge; 15/03/2018 – EXCLUSIVE-Wells Fargo faces sanctions for auto insurance payouts; 13/04/2018 – CrowdfundInsider: Bank of America Launches New Digital Mortgage Experience; 18/05/2018 – Bank of America Delivers First Widely Available AI–Driven Virtual Financial Assistant; 01/05/2018 – Bank of America: Chicago Entrepreneurs Increasing Plans to Hire Tue, 01 May 2018 13:00:00 +0000; 23/05/2018 – BOFA SAID TO NAME ZAPPAROLI, GADKARI TO HEAD CAPITAL MARKETS; 01/04/2018 – WBTV News: #BREAKING Source: Panthers bidder visiting Bank of America stadium Monday »; 10/05/2018 – Arena Pharma Presenting at Bank of America Conference May 17

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

Among 53 analysts covering Palo Alto Networks (NYSE:PANW), 43 have Buy rating, 2 Sell and 8 Hold. Therefore 81% are positive. Palo Alto Networks has $26200 highest and $119 lowest target. $194.46’s average target is -8.73% below currents $213.05 stock price. Palo Alto Networks had 220 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse with “Underweight” on Tuesday, June 5. The firm has “Outperform” rating given on Friday, February 26 by FBR Capital. Oppenheimer maintained the shares of PANW in report on Thursday, June 1 with “Buy” rating. Barclays Capital maintained it with “Overweight” rating and $184 target in Friday, May 27 report. The firm has “Buy” rating given on Friday, July 7 by Citigroup. The rating was maintained by Northland Capital on Friday, September 1 with “Buy”. The firm has “Buy” rating by UBS given on Monday, April 11. KeyBanc Capital Markets maintained it with “Buy” rating and $170.0 target in Friday, October 6 report. BMO Capital Markets maintained the shares of PANW in report on Tuesday, February 27 with “Market Perform” rating. The company was maintained on Friday, August 4 by RBC Capital Markets.

Palo Alto Networks, Inc. provides security platform solutions worldwide. The company has market cap of $19.79 billion. The Company’s platform includes Next-Generation Firewall that delivers application, user, and content visibility and control, as well as protection against network cyber threats; Advanced Endpoint Protection, which prevents cyber-attacks that exploit software vulnerabilities on various fixed, mobile, and virtual endpoints and servers; and Threat Intelligence Cloud, which offers central intelligence capabilities, security for software as a service applications, and automated delivery of preventative measures against cyber-attacks. It currently has negative earnings. The firm provides firewall appliances and software; Panorama, a security management solution for the control of appliances deployed on an end-customerÂ’s network as a virtual or a physical appliance; and Virtual System Upgrades, which are available as extensions to the virtual system capacity that ships with physical appliances.

More notable recent Palo Alto Networks, Inc. (NYSE:PANW) news were published by: Finance.Yahoo.com which released: “How Financially Strong Is Palo Alto Networks Inc (NYSE:PANW)?” on June 04, 2018, also Seekingalpha.com with their article: “Palo Alto Networks: Acceleration Kicks In” published on June 05, 2018, Investingnews.com published: “3 Cybersecurity ETFs For Investors” on June 14, 2018. More interesting news about Palo Alto Networks, Inc. (NYSE:PANW) were released by: Bizjournals.com and their article: “New Palo Alto Networks CEO on the ‘hyper growth’ trends that drew him to the company (Video)” published on June 11, 2018 as well as Nasdaq.com‘s news article titled: “3 Security Stocks in the Spotlight With Fresh Cyber Attacks” with publication date: June 12, 2018.

Since December 15, 2017, it had 1 buying transaction, and 14 sales for $56.54 million activity. MERESMAN STANLEY J had sold 1,980 shares worth $373,709 on Tuesday, March 13. Shares for $5.76 million were sold by ZUK NIR. The insider MCLAUGHLIN MARK D sold 35,000 shares worth $5.52 million. The insider Arora Nikesh bought $6.62 million.

The stock increased 2.71% or $5.63 during the last trading session, reaching $213.05. About 2.51M shares traded or 80.24% up from the average. Palo Alto Networks, Inc. (NYSE:PANW) has risen 77.91% since June 14, 2017 and is uptrending. It has outperformed by 65.34% the S&P500. Some Historical PANW News: ; 14/03/2018 – In Memory of Dr. Jennifer Gonzales Shushereba, Palo Alto University’s Alumnus; 22/05/2018 – Radiflow Announces New Industrial Cybersecurity App for the Palo Alto Application Framework; 23/05/2018 – UKRAINE STATE SECURITY SERVICE SAYS IT IS PARTICULARLY CONCERNING THAT UKRAINIAN CRITICAL INFRASTRUCTURE APPEARS TO BE TARGET OF POSSIBLE ATTACK; 27/03/2018 – USGS: M 1.0 – 3km NNW of Palo Cedro, CA; 16/05/2018 – Luminate Recognized as a Cool Vendor in Cloud Security by Gartner; 03/04/2018 – USGS: M 1.5 – 3km NW of Palo Cedro, CA; 23/05/2018 – UKRAINE STATE SECURITY SERVICE ISSUES WARNING ABOUT POSSIBLE CYBER ATTACK ON STATE BODIES AND PRIVATE COMPANIES AHEAD OF CHAMPIONS LEAGUE FINAL IN KIEV; 11/04/2018 – Luminate Announces General Availability of Its BeyondCorp-as-a-Service Secured Access Platform; 07/05/2018 – PINNACLE WEST SAYS PALO VERDE 3 RESTARTS AFTER REFUELING OUTAGE; 14/03/2018 – Palo Alto Networks to Buy Evident.io for $300M Cash

Investors sentiment decreased to 1.18 in Q1 2018. Its down 0.04, from 1.22 in 2017Q4. It turned negative, as 43 investors sold Palo Alto Networks, Inc. shares while 172 reduced holdings. 89 funds opened positions while 165 raised stakes. 72.18 million shares or 1.82% more from 70.89 million shares in 2017Q4 were reported. Gilman Hill Asset Mngmt Limited Liability, Connecticut-based fund reported 5,793 shares. Aqr Capital Mgmt Ltd Co, a Connecticut-based fund reported 25,632 shares. Moreover, Qci Asset Management New York has 1.62% invested in Palo Alto Networks, Inc. (NYSE:PANW). Koshinski Asset Mngmt Inc has 3,609 shares. Reliance Of Delaware holds 0.12% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW) for 4,431 shares. 1,609 are held by Fiduciary Tru Company. Parkside National Bank & holds 0% or 16 shares. Middleton And Incorporated Ma holds 4,660 shares. Scout Inc has 0.46% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 104,991 shares. Pathstone Family Office Ltd has invested 0.03% in Palo Alto Networks, Inc. (NYSE:PANW). Citizens And Northern Corporation owns 6,278 shares. Denver Investment Advsrs Limited Com holds 0.83% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW) for 86,372 shares. Bb&T Secs Llc owns 1,549 shares. Michigan-based Comerica Bancorp has invested 0.01% in Palo Alto Networks, Inc. (NYSE:PANW). 5,131 were reported by Brown Advisory Ltd Liability.

Mark Anderson, the President of Palo Alto Networks Inc, unloaded 30,000 shares of the company, worth about $5,983,314 U.S. Dollars, based on an avg price of $199.4 per share. Today, Mark Anderson owns 143,441 shares which are about 0.15% of the company’s market cap (share price times the number of shares outstanding).

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America has $37 highest and $15 lowest target. $27.77’s average target is -6.94% below currents $29.84 stock price. Bank of America had 114 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Bank of America Corporation (NYSE:BAC) earned “Neutral” rating by UBS on Wednesday, January 11. Wood downgraded the shares of BAC in report on Monday, May 16 to “Market Perform” rating. Oppenheimer maintained Bank of America Corporation (NYSE:BAC) on Saturday, September 5 with “Outperform” rating. The firm has “Buy” rating by Citigroup given on Wednesday, January 11. Credit Suisse maintained Bank of America Corporation (NYSE:BAC) on Friday, March 16 with “Outperform” rating. The rating was downgraded by Citigroup to “Neutral” on Tuesday, April 4. As per Tuesday, July 18, the company rating was maintained by Nomura. As per Tuesday, July 18, the company rating was maintained by BMO Capital Markets. As per Tuesday, July 18, the company rating was maintained by Oppenheimer. BMO Capital Markets maintained Bank of America Corporation (NYSE:BAC) on Monday, October 16 with “Market Perform” rating.

Levin Capital Strategies Lp decreased Berkshire Hathaway Inc (BRKB) stake by 7,051 shares to 22,450 valued at $4.48M in 2018Q1. It also reduced Delta Air Lines Inc Del (NYSE:DAL) stake by 9,024 shares and now owns 61,335 shares. Seritage Growth Pptys was reduced too.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart