220.42 +0.50 (0.23%)
Pre-Market: 9:00AM EDT
|Bid||200.27 x 800|
|Ask||221.00 x 1300|
|Day's Range||218.42 - 222.46|
|52 Week Range||160.08 - 260.63|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 4, 2019 - Sep 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||265.88|
Fortinet (FTNT), which already protects the IT infrastructure of the Canadian government, will provide cloud and data center services to Shared Services Canada and its clients to protect Internet edge.
EVP, Chief Marketing Officer of Palo Alto Networks Inc (30-Year Financial, Insider Trades) Rene Bonvanie (insider trades) sold 9,611 shares of PANW on 07/15/2019 at an average price of $220 a share. Continue reading...
SANTA CLARA, Calif., July 11, 2019 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced the appointment of marketing veteran Jean English to the position of chief marketing officer (CMO). English will be based in the company's Santa Clara headquarters and report directly to Palo Alto Networks Chairman and CEO Nikesh Arora.
EVP, Chief Product Officer of Palo Alto Networks Inc (PANW) Lee Klarich sold 4,000 shares of PANW on 07/10/2019 at an average price of $217.33 a share.
The Santa Clara company could reportedly raise at least $1 billion in an offering as soon as later this year that would value it at more than $5 billion.
Palo Alto's (PANW) acquisition of Twistlock will solidify its comprehensive cloud security strategy, Prisma, thereby providing better vigilance to the acquired entity's journey to the cloud.
A snapshot of the IBD 50 shows that return on equity, a key earnings gauge, has risen sharply in recent years. But ROE alone should not be used in choosing stocks to buy.
SANTA CLARA, Calif., July 9, 2019 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today that it has completed its acquisition of Twistlock, the leader in container security, to extend its Prisma™ cloud security strategy. This acquisition will further advance the company's ability to secure today's modern applications throughout the entire life cycle, enabling organizations to deliver innovations that are secure, reliable, and scalable. "As a growing number of organizations move their business to the cloud, developers increasingly rely on cloud-native technologies such as containers and serverless infrastructure to accelerate the development, testing, and deployment of modern applications and services," said Nikesh Arora, CEO of Palo Alto Networks.
TORONTO , July 9, 2019 /PRNewswire/ -- A new online survey from Palo Alto Networks (PANW), the global cybersecurity leader, and YouGov reveals that two-thirds of Canadians (66%) apply the same management of security across all of their personal devices (e.g., PCs, laptops, smartphones, tablets), and more than half of respondents (56%) feel they're doing all they can to prevent the loss of their information. Palo Alto Networks partnered with YouGov and Dr. Jessica Barker , an expert in the human nature of cybersecurity, to poll over 1,000 Canadian adults to examine individuals' perceived views of cyberthreats and their level of cybersecurity preparedness in their digital lives. "As more of our time is spent on smart devices, it's becoming increasingly important to protect our personal information from cybercriminals," said Rob Lunney , country manager of Canada , Palo Alto Networks.
Does the July share price for Palo Alto Networks, Inc. (NYSE:PANW) reflect what it's really worth? Today, we will...
Palo Alto (PANW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Fortinet (FTNT) launches FortiWeb Cloud WAF-as-a-Service, which will be delivered through the Security Fabric architecture to secure AWS applications.
Cisco Systems Inc. (CSCO), Palo Alto Networks Inc. (PANW), FireEye Inc. (FEYE), and Imperva Inc. (IMPV) have all made cybersecurity acquisitions in recent weeks as they scoop up smaller companies in the burgeoning enterprise software industry tied to cybersecurity. “There is a bit of a scramble to get premium assets,” said Sarah Guo, an investor at Greylock Partners.
Of the 41 analysts tracking Palo Alto Networks (PANW), 29 have recommended “buys,” ten have recommended “holds,” and two have recommended “sells” on the stock. Analysts have a 12-month average target price of $265.88 on the stock.
Network security remains a top priority for most enterprises, helping Palo Alto Networks (PANW) easily expand its customer base. In the last quarter, PANW said it had signed an eight-figure deal with a US government agency.
Enterprise demand for cybersecurity products continues to increase. Palo Alto Networks (PANW) has taken aim at the cloud security space and has acquired several companies to gain traction in this market.
Palo Alto Networks (PANW) stock fell close to 20.0% last month. What drove this decline? While the broader market's weakness was driven by trade war escalations, PANW was affected even more after it announced its third-quarter results.
Cybersecurity giant Palo Alto Networks (PANW) is targeting acquisitions to expand its footprint and gain traction among customers. In the last 15 months, PANW has spent well over $1 billion on acquisitions.