PANW (Palo Alto Networks Inc) climbed 1.91 at the last close: Is This Today’s Most Popular Stock?

Palo Alto Networks Inc (NASDAQ: PANW) kicked off on Friday, up 1.91% from the previous trading day, before settling in for the closing price of $335.94. Over the past 52 weeks, PANW has traded in a range of $233.35-$380.84.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 22.69%. While this was happening, its average annual earnings per share was recorded 10.56%. With a float of $321.86 million, this company’s outstanding shares have now reached $325.10 million.

Considering the fact that the conglomerate employs 15289 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 74.35%, operating margin of 10.77%, and the pretax margin is 12.31%.

Palo Alto Networks Inc (PANW) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Palo Alto Networks Inc is 1.15%, while institutional ownership is 78.11%. The most recent insider transaction that took place on Oct 04 ’24, was worth 20,541,600. Before that another transaction happened on Oct 01 ’24, when Company’s EVP, Chief Technology Officer sold 36,000 for $332.50, making the entire transaction worth $11,969,839. This insider now owns 1,115,567 shares in total.

Palo Alto Networks Inc (PANW) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 10.56% per share during the next fiscal year.

Palo Alto Networks Inc (NASDAQ: PANW) Trading Performance Indicators

Take a look at Palo Alto Networks Inc’s (PANW) current performance indicators. Last quarter, stock had a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.89. Likewise, its price to free cash flow for the trailing twelve months is 35.95.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.24, a number that is poised to hit 1.48 in the next quarter and is forecasted to reach 7.19 in one year’s time.

Technical Analysis of Palo Alto Networks Inc (PANW)

Compared to the last year’s volume of 4.12 million, its volume of 2.27 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 48.58%. Additionally, its Average True Range was 9.24.

During the past 100 days, Palo Alto Networks Inc’s (PANW) raw stochastic average was set at 63.86%, which indicates a significant decrease from 71.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.72% in the past 14 days, which was lower than the 33.18% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $337.22, while its 200-day Moving Average is $316.85. Nevertheless, the first resistance level for the watch stands at $345.02 in the near term. At $347.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $352.39. If the price goes on to break the first support level at $337.65, it is likely to go to the next support level at $332.93. Now, if the price goes above the second support level, the third support stands at $330.28.

Palo Alto Networks Inc (NASDAQ: PANW) Key Stats

The company with the Market Capitalisation of 111.47 billion has total of 323,800K Shares Outstanding. Its annual sales at the moment are 8,028 M in contrast with the sum of 2,578 M annual income. Company’s last quarter sales were recorded 2,190 M and last quarter income was 357,700 K.