Headlines about Palo Alto Networks (NYSE:PANW) have trended positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Palo Alto Networks earned a news impact score of 0.27 on Accern’s scale. Accern also assigned media stories about the network technology company an impact score of 47.9056174245732 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

Palo Alto Networks (NYSE:PANW) opened at 132.69 on Friday. The stock’s 50 day moving average price is $133.45 and its 200 day moving average price is $126.61. Palo Alto Networks has a 1-year low of $107.31 and a 1-year high of $165.69. The stock’s market capitalization is $12.18 billion.

Palo Alto Networks (NYSE:PANW) last issued its quarterly earnings results on Wednesday, May 31st. The network technology company reported $0.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.06. Palo Alto Networks had a negative return on equity of 23.77% and a negative net margin of 14.38%. The firm had revenue of $431.80 million during the quarter, compared to analyst estimates of $412.11 million. During the same period last year, the company earned $0.42 EPS. Palo Alto Networks’s quarterly revenue was up 24.9% compared to the same quarter last year. On average, equities research analysts predict that Palo Alto Networks will post $2.59 earnings per share for the current fiscal year.

PANW has been the subject of several recent research reports. BidaskClub raised Palo Alto Networks from a “strong sell” rating to a “sell” rating in a report on Thursday, August 17th. Vetr lowered Palo Alto Networks from a “strong-buy” rating to a “hold” rating and set a $137.50 price objective for the company. in a report on Thursday, June 1st. UBS AG set a $140.00 price objective on Palo Alto Networks and gave the stock a “hold” rating in a report on Tuesday. BTIG Research reissued a “buy” rating and issued a $155.00 price objective on shares of Palo Alto Networks in a report on Thursday, June 1st. Finally, Cowen and Company reissued an “outperform” rating and issued a $165.00 price objective (up previously from $150.00) on shares of Palo Alto Networks in a report on Thursday, June 1st. One analyst has rated the stock with a sell rating, seventeen have issued a hold rating and twenty-five have given a buy rating to the stock. Palo Alto Networks has a consensus rating of “Buy” and a consensus price target of $149.87.

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In related news, Director James J. Goetz sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, July 10th. The stock was sold at an average price of $137.97, for a total transaction of $4,139,100.00. Following the completion of the sale, the director now directly owns 271,645 shares of the company’s stock, valued at approximately $37,478,860.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.80% of the stock is currently owned by company insiders.

About Palo Alto Networks

Palo Alto Networks, Inc offers a next-generation security platform. The Company’s security platform consists of three elements: Next-Generation Firewall, Advanced Endpoint Protection and Threat Intelligence Cloud. Its 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.

Insider Buying and Selling by Quarter for Palo Alto Networks (NYSE:PANW)

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