In today’s recent session, 0.96 million shares of the Palo Alto Networks Inc (NASDAQ:PANW) have been traded, and its beta is 0.97. Most recently the company’s share price was $200.82, and it changed around -$1.23 or -0.61% from the last close, which brings the market valuation of the company to $133.91B. PANW at last check was trading at a discount to its 52-week high of $208.39, offering almost -3.77% off that amount. The share price’s 52-week low was $142.01, which indicates that the recent value has risen by an impressive 29.28% since then. We note from Palo Alto Networks Inc’s average daily trading volume that its 10-day average is 3.55 million shares, with the 3-month average coming to 5.37 million.
Palo Alto Networks Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.72. If we narrow it down even further, the data shows that 2 out of 55 analysts rate the stock as a Sell; another 11 rate it as Overweight. Among the rest, 14 recommended PANW as a Hold, whereas 28 deemed it a Buy, and 0 rated it as Underweight.
Palo Alto Networks Inc (NASDAQ:PANW) trade information
Instantly PANW has been showing red trend so far today with a performance of -0.61% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 202.88 on recent trading dayincreased the stock’s daily price by 1.02%. The company’s shares are currently up 10.37% year-to-date, but still up 3.31% over the last five days. On the other hand, Palo Alto Networks Inc (NASDAQ:PANW) is 3.36% up in the 30-day period. We can see from the shorts that 26.91 million shares have been sold at a short interest cover period of 4.63 day(s).
The consensus price target as assigned by Wall Street analysts is $225, which translates to bulls needing to increase their stock price by 10.75% from its current value. Analyst projections state that PANW is forecast to be at a low of $210 and a high of $230.
Palo Alto Networks Inc earnings are expected to increase by 15.49% in 2025, but the outlook is positive 14.06% per year for the next five years.
PANW Dividends
Palo Alto Networks Inc’s next quarterly earnings report is expected to be released on 2025-May-20.
Palo Alto Networks Inc (NASDAQ:PANW)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.99% of Palo Alto Networks Inc shares, and 81.89% of them are in the hands of institutional investors. The stock currently has a share float of 82.71%. Palo Alto Networks Inc stock is held by 3071.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.2422% of the shares, which is about 29.5 million shares worth $10.0 billion.
BLACKROCK INC., with 7.8352% or 25.01 million shares worth $8.48 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
