Palo Alto Networks Inc (NASDAQ: PANW) on Monday, plunged -2.05% from the previous trading day, before settling in for the closing price of $183.25. Within the past 52 weeks, PANW’s price has moved between $130.04 and $207.24.
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A company in the Technology sector has jumped its sales by 22.69% annually for the last half of the decade. The company achieved an average annual earnings per share of 10.89%. With a float of $648.86 million, this company’s outstanding shares have now reached $655.40 million.
In an organization with 15289 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 74.17%, operating margin of 11.29%, and the pretax margin is 12.96%.
Palo Alto Networks Inc (PANW) Insider and Institutional Ownership
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of Palo Alto Networks Inc is 1.12%, while institutional ownership is 77.81%. The most recent insider transaction that took place on Jan 02 ’25, was worth 68,193,249. In this transaction Chief Executive Officer of this company sold 376,670 shares at a rate of $181.04, taking the stock ownership to the 1,086,404 shares. Before that another transaction happened on Jan 03 ’25, when Company’s Chief Executive Officer sold 235,492 for $183.32, making the entire transaction worth $43,169,381. This insider now owns 1,086,404 shares in total.
Palo Alto Networks Inc (PANW) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 10.89% per share during the next fiscal year.
Palo Alto Networks Inc (NASDAQ: PANW) Trading Performance Indicators
Palo Alto Networks Inc (PANW) is currently performing well based on its current performance indicators. A quick ratio of 0.79 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.21. Likewise, its price to free cash flow for the trailing twelve months is 38.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.84, a number that is poised to hit 0.77 in the next quarter and is forecasted to reach 3.58 in one year’s time.
Technical Analysis of Palo Alto Networks Inc (PANW)
Let’s dig in a bit further. During the last 5-days, its volume was 4.39 million. That was inferior than the volume of 5.31 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.79%. Additionally, its Average True Range was 5.51.
During the past 100 days, Palo Alto Networks Inc’s (PANW) raw stochastic average was set at 35.66%, which indicates a significant increase from 9.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.18% in the past 14 days, which was higher than the 31.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $191.44, while its 200-day Moving Average is $168.43. However, in the short run, Palo Alto Networks Inc’s stock first resistance to watch stands at $182.64. Second resistance stands at $185.78. The third major resistance level sits at $188.78. If the price goes on to break the first support level at $176.50, it is likely to go to the next support level at $173.51. The third support level lies at $170.37 if the price breaches the second support level.
Palo Alto Networks Inc (NASDAQ: PANW) Key Stats
Market capitalization of the company is 117.79 billion based on 656,200K outstanding shares. Right now, sales total 8,028 M and income totals 2,578 M. The company made 2,139 M in profit during its latest quarter, and 350,700 K in sales during its previous quarter.
