Palo Alto Networks (PANW) Holder Hartline Investment Has Decreased Stake by $656,496; Intel (INTC) Holder Moors & Cabot Trimmed Its Holding by $925,658 as Shares Rose

May 24, 2018 - By Marie Mckinney

Palo Alto Networks, Inc. (NYSE:PANW) Logo

Hartline Investment Corp decreased its stake in Palo Alto Networks Inc (PANW) by 35.99% based on its latest 2017Q4 regulatory filing with the SEC. Hartline Investment Corp sold 4,559 shares as the company’s stock rose 22.78% while stock markets declined. The institutional investor held 8,110 shares of the technology company at the end of 2017Q4, valued at $1.18M, down from 12,669 at the end of the previous reported quarter. Hartline Investment Corp who had been investing in Palo Alto Networks Inc for a number of months, seems to be less bullish one the $19.10 billion market cap company. The stock increased 0.46% or $0.96 during the last trading session, reaching $207.98. About 211,705 shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has risen 60.50% since May 24, 2017 and is uptrending. It has outperformed by 48.95% the S&P500.

Moors & Cabot Inc decreased its stake in Intel Corp (INTC) by 11.89% based on its latest 2017Q4 regulatory filing with the SEC. Moors & Cabot Inc sold 20,123 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 149,168 shares of the semiconductors company at the end of 2017Q4, valued at $6.88M, down from 169,291 at the end of the previous reported quarter. Moors & Cabot Inc who had been investing in Intel Corp for a number of months, seems to be less bullish one the $254.79B market cap company. The stock decreased 0.97% or $0.535 during the last trading session, reaching $54.675. About 5.10 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since May 24, 2017 and is uptrending. It has outperformed by 33.10% the S&P500.

Among 53 analysts covering Palo Alto Networks (NYSE:PANW), 43 have Buy rating, 2 Sell and 8 Hold. Therefore 81% are positive. Palo Alto Networks had 207 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Friday, February 26 by FBR Capital. The rating was initiated by BMO Capital Markets with “Market Perform” on Thursday, January 5. The firm has “Outperform” rating by Northland Capital given on Thursday, January 21. As per Tuesday, February 27, the company rating was maintained by Stephens. As per Friday, August 4, the company rating was maintained by Cowen & Co. The firm has “Neutral” rating by DA Davidson given on Friday, October 16. Raymond James downgraded the stock to “Outperform” rating in Wednesday, August 31 report. Imperial Capital maintained the stock with “Outperform” rating in Wednesday, November 25 report. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Outperform” rating given on Tuesday, February 27 by Wells Fargo. The firm has “Sell” rating by TheStreet given on Wednesday, July 22.

Investors sentiment increased to 1.22 in Q4 2017. Its up 0.06, from 1.16 in 2017Q3. It improved, as 36 investors sold PANW shares while 160 reduced holdings. 87 funds opened positions while 152 raised stakes. 70.89 million shares or 1.01% more from 70.19 million shares in 2017Q3 were reported. Moneta Grp Incorporated Invest Limited Liability Com has invested 0% in Palo Alto Networks, Inc. (NYSE:PANW). Hills Retail Bank Tru invested 0.44% in Palo Alto Networks, Inc. (NYSE:PANW). Bridgecreek Invest Mngmt Ltd Liability holds 1.8% or 52,960 shares. Amica Mutual Insur Co reported 7,730 shares. Tradewinds Mngmt Limited Liability Co has invested 0.15% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Prelude Mgmt Lc owns 58 shares. Connors Investor Services Incorporated invested in 41,130 shares. Cwm Lc holds 322 shares or 0% of its portfolio. Criterion Management Ltd Liability reported 3.04% in Palo Alto Networks, Inc. (NYSE:PANW). Aperio Gru Ltd Limited Liability Company holds 0.01% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW) for 19,558 shares. Yorktown Management And reported 0.07% stake. Sg Americas Ltd Liability Corp has 0.01% invested in Palo Alto Networks, Inc. (NYSE:PANW). Carroll Financial Assoc accumulated 144 shares. 31,240 are owned by Account Ltd Company. Klingenstein Fields & Communications Ltd Liability Corporation reported 174,012 shares.

More notable recent Palo Alto Networks, Inc. (NYSE:PANW) news were published by: Investorplace.com which released: “President Trump, How Easy Is Hacking an iPhone?” on May 23, 2018, also Investorplace.com with their article: “3 Cybersecurity Stocks That Could Roar Higher” published on May 10, 2018, Benzinga.com published: “8 Biggest Price Target Changes For Thursday” on May 24, 2018. More interesting news about Palo Alto Networks, Inc. (NYSE:PANW) were released by: Streetinsider.com and their article: “UPDATE: Palo Alto Networks (PANW) PT Raised to $225 at Stephens Following 3Q Checks” published on May 14, 2018 as well as Globenewswire.com‘s news article titled: “Mist Announces New AI-Driven Wireless LAN for the Palo Alto Networks Application Framework” with publication date: May 22, 2018.

Hartline Investment Corp, which manages about $366.93M and $361.44 million US Long portfolio, upped its stake in Nvidia Corp (NASDAQ:NVDA) by 2,813 shares to 50,347 shares, valued at $9.74 million in 2017Q4, according to the filing. It also increased its holding in Baidu.Com (NASDAQ:BIDU) by 6,070 shares in the quarter, for a total of 16,063 shares, and has risen its stake in Microsoft Corp (NASDAQ:MSFT).

Since December 15, 2017, it had 0 insider buys, and 15 selling transactions for $67.31 million activity. The insider ZUK NIR sold 30,000 shares worth $5.39M. MERESMAN STANLEY J also sold $369,844 worth of Palo Alto Networks, Inc. (NYSE:PANW) on Thursday, March 22.

Analysts await Palo Alto Networks, Inc. (NYSE:PANW) to report earnings on June, 4 after the close. They expect $-0.13 EPS, up 74.51% or $0.38 from last year’s $-0.51 per share. After $-0.40 actual EPS reported by Palo Alto Networks, Inc. for the previous quarter, Wall Street now forecasts -67.50% EPS growth.

Since January 22, 2018, it had 0 insider buys, and 21 insider sales for $11.14 million activity. BRYANT ANDY D also sold $1.89M worth of Intel Corporation (NASDAQ:INTC) shares. Shenoy Navin had sold 601 shares worth $31,366. HUNDT REED E sold $1.07M worth of Intel Corporation (NASDAQ:INTC) on Tuesday, May 8. On Wednesday, February 7 RENDUCHINTALA VENKATA S M sold $66,959 worth of Intel Corporation (NASDAQ:INTC) or 1,502 shares. On Tuesday, May 8 the insider YOFFIE DAVID B sold $1.33 million. McBride Kevin Thomas sold 686 shares worth $31,943.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.01, from 1.03 in 2017Q3. It worsened, as 60 investors sold INTC shares while 703 reduced holdings. 177 funds opened positions while 601 raised stakes. 3.06 billion shares or 0.43% more from 3.05 billion shares in 2017Q3 were reported. Personal Advsr holds 146,475 shares or 0.12% of its portfolio. Umb Fincl Bank N A Mo holds 0.43% of its portfolio in Intel Corporation (NASDAQ:INTC) for 288,846 shares. Moreover, Professionals Inc has 0.05% invested in Intel Corporation (NASDAQ:INTC). Massachusetts Finance Ser Co Ma holds 5.13M shares or 0.1% of its portfolio. University Of Texas Inv Managment reported 75 shares or 0.01% of all its holdings. Todd Asset Mngmt Ltd Liability Corporation invested in 854,052 shares. Strategy Asset Managers Limited Liability Company reported 22,932 shares stake. Loomis Sayles And LP stated it has 0% in Intel Corporation (NASDAQ:INTC). Pillar Pacific Capital Ltd Llc holds 1.31% or 233,300 shares. Deprince Race Zollo Incorporated reported 430,475 shares. Bluefin Trading Limited Liability Corporation owns 27,665 shares for 0.08% of their portfolio. Nadler stated it has 15,467 shares or 0.22% of all its holdings. 3.31M were accumulated by Korea Inv Corporation. Hanseatic Mgmt Service Inc accumulated 1,161 shares or 0.05% of the stock. Tiverton Asset Mngmt Limited Com has invested 1.29% of its portfolio in Intel Corporation (NASDAQ:INTC).

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Bizjournals.com which released: “Intel reassigns marketing chief” on May 14, 2018, also Seekingalpha.com with their article: “Intel Delivers” published on May 21, 2018, Investorplace.com published: “3 Internet of Things Stocks That Are Set to Have Monster Futures” on May 23, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Livetradingnews.com and their article: “Intel Corporation (NASDAQ:INTC) Bullish Trend” published on May 22, 2018 as well as Forbes.com‘s news article titled: “Data Center Group Will Likely Drive Intel’s Near Term Growth” with publication date: May 23, 2018.

Moors & Cabot Inc, which manages about $754.95M US Long portfolio, upped its stake in Alphabet Inc by 575 shares to 3,311 shares, valued at $3.49M in 2017Q4, according to the filing. It also increased its holding in Splunk Inc (NASDAQ:SPLK) by 5,015 shares in the quarter, for a total of 13,034 shares, and has risen its stake in Applied Matls Inc (NASDAQ:AMAT).

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 3 Sell and 16 Hold. Therefore 65% are positive. Intel Corporation had 264 analyst reports since August 7, 2015 according to SRatingsIntel. As per Thursday, October 22, the company rating was maintained by FBR Capital. Stifel Nicolaus maintained the shares of INTC in report on Thursday, January 25 with “Buy” rating. The company was maintained on Monday, January 18 by Wedbush. On Friday, October 27 the stock rating was maintained by BMO Capital Markets with “Market Perform”. FBR Capital maintained Intel Corporation (NASDAQ:INTC) on Friday, April 20 with “Buy” rating. RBC Capital Markets maintained the shares of INTC in report on Wednesday, October 19 with “Sector Perform” rating. On Thursday, April 7 the stock rating was initiated by Brean Capital with “Buy”. The stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by Needham on Wednesday, October 19. The firm has “Mkt Perform” rating given on Friday, September 25 by JMP Securities. Bernstein upgraded the shares of INTC in report on Friday, April 27 to “Market Perform” rating.

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