Media coverage about Palo Alto Networks (NYSE:PANW) has trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Palo Alto Networks earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the network technology company an impact score of 46.6306008783478 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- Palo Alto Networks Announces Intent to Acquire Evident.io (finance.yahoo.com)
- Palo Alto Networks to acquire CIA-backed Evident.io for $300 million (finance.yahoo.com)
- [$$] Palo Alto Networks to Buy Evident.io for $300 Million Cash (finance.yahoo.com)
- Palo Alto Networks, Inc. (NYSE:PANW) – Price to Earnings Ratio Evaluation – Nasdaq Journal (nasdaqjournal.com)
- Five Companies VMware Should Buy Instead of Dell: Shareholder – TheStreet.com (thestreet.com)
Palo Alto Networks (NYSE PANW) traded up $0.21 during mid-day trading on Wednesday, reaching $188.45. The company’s stock had a trading volume of 1,225,791 shares, compared to its average volume of 1,830,000. Palo Alto Networks has a 52 week low of $107.31 and a 52 week high of $191.53. The company has a market capitalization of $17,310.00, a P/E ratio of -84.13 and a beta of 0.91.
In other Palo Alto Networks news, EVP Nir Zuk sold 30,000 shares of the company’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $181.65, for a total value of $5,449,500.00. Following the completion of the sale, the executive vice president now owns 1,384,919 shares in the company, valued at $251,570,536.35. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director James J. Goetz sold 68,000 shares of the company’s stock in a transaction dated Thursday, December 28th. The stock was sold at an average price of $146.85, for a total value of $9,985,800.00. Following the completion of the sale, the director now owns 203,645 shares of the company’s stock, valued at approximately $29,905,268.25. The disclosure for this sale can be found here. In the last three months, insiders sold 419,603 shares of company stock worth $65,527,618. 4.80% of the stock is owned by corporate 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.
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