Hamilton Lane Advisors Has Lowered Palo Alto Networks (PANW) Stake By $1.44 Million; Pegasystems (PEGA) Has 1.07 Sentiment

January 14, 2018 - By Richard Conner

Hamilton Lane Advisors Llc decreased Palo Alto Networks Inc. (PANW) stake by 44.03% reported in 2017Q3 SEC filing. Hamilton Lane Advisors Llc sold 10,000 shares as Palo Alto Networks Inc. (PANW)’s stock declined 24.72%. The Hamilton Lane Advisors Llc holds 12,711 shares with $1.83 million value, down from 22,711 last quarter. Palo Alto Networks Inc. now has $14.11B valuation. The stock decreased 0.42% or $0.64 during the last trading session, reaching $153.52. About 1.29M shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has declined 16.31% since January 14, 2017 and is downtrending. It has underperformed by 33.01% the S&P500.

Pegasystems, Inc. develops, markets, licenses, and software applications for marketing, sales, service, and activities in the United States and internationally. The company has market cap of $3.92 billion. It provides Pega Platform, a platform that enables clients to build enterprise applications. It has a 91.45 P/E ratio. The firm also offers customer relationship management applications, including Pega Marketing that enable enterprises to enhance customer experiences across inbound and outbound channels; Pega sales automation applications to automate and manage the sales process from prospecting to product fulfillment; Pega customer service applications to contact center desktop, case management for customer service, mobile field service, digital, self-service, and industry specific processes and data models; and activities applications to support exceptions and investigations, order fulfillment, claims processing, insurance underwriting, and product development, as well as risk, fraud, and compliance management.

Analysts await Palo Alto Networks, Inc. (NYSE:PANW) to report earnings on February, 27. They expect $-0.21 EPS, up 63.79% or $0.37 from last year’s $-0.58 per share. After $-0.16 actual EPS reported by Palo Alto Networks, Inc. for the previous quarter, Wall Street now forecasts 31.25% negative EPS growth.

Since September 8, 2017, it had 0 insider buys, and 11 sales for $52.49 million activity. ZUK NIR had sold 146,000 shares worth $21.88 million on Monday, October 9. On Tuesday, October 10 MERESMAN STANLEY J sold $302,024 worth of Palo Alto Networks, Inc. (NYSE:PANW) or 2,000 shares. MCLAUGHLIN MARK D had sold 35,000 shares worth $5.23M. $6.36M worth of stock was sold by Anderson Mark on Thursday, September 14. The insider BONVANIE RENE sold $4.09M. 1,572 shares were sold by Eschenbach Carl M., worth $227,920.

Among 52 analysts covering Palo Alto Networks (NYSE:PANW), 41 have Buy rating, 2 Sell and 9 Hold. Therefore 79% are positive. Palo Alto Networks had 179 analyst reports since July 22, 2015 according to SRatingsIntel. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, October 10 report. The rating was maintained by Goldman Sachs on Tuesday, April 5 with “Buy”. Telsey Advisory Group maintained Palo Alto Networks, Inc. (NYSE:PANW) rating on Wednesday, November 22. Telsey Advisory Group has “Outperform” rating and $175 target. Maxim Group maintained the shares of PANW in report on Thursday, June 1 with “Buy” rating. William Blair upgraded Palo Alto Networks, Inc. (NYSE:PANW) on Monday, December 4 to “Outperform” rating. Gabelli maintained it with “Hold” rating and $140 target in Thursday, September 10 report. Robert W. Baird downgraded the stock to “Neutral” rating in Wednesday, March 1 report. The stock has “Outperform” rating by IBC on Thursday, May 25. Summit Redstone Partners upgraded the stock to “Buy” rating in Tuesday, September 5 report. The stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Outperform” rating by RBC Capital Markets on Wednesday, August 31.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.22, from 0.94 in 2017Q2. It increased, as 43 investors sold PANW shares while 148 reduced holdings. 63 funds opened positions while 159 raised stakes. 70.19 million shares or 3.76% more from 67.64 million shares in 2017Q2 were reported. Magnetar Fincl Ltd Liability Com owns 13,835 shares for 0.04% of their portfolio. 36,053 were reported by Keybank Association Oh. Bp Public Ltd Limited Liability Company reported 29,000 shares stake. Jpmorgan Chase reported 0.04% stake. Nomura Asset reported 11,247 shares or 0.02% of all its holdings. National Bank & Trust Hapoalim Bm owns 1,897 shares. Nine Chapters Cap Mngmt Ltd Limited Liability Company invested 0.83% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Cypress Mngmt Lc (Wy) holds 0.04% or 250 shares. Rothschild Inv Il owns 49,730 shares. Kbc Gru Nv reported 54,117 shares. Glg Limited Liability Com reported 4,152 shares. Bourgeon Cap Mgmt Ltd Liability holds 2.76% or 32,546 shares in its portfolio. Thompson Davis & Inc holds 0.01% or 32 shares in its portfolio. Oppenheimer Asset reported 0.08% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Axa has 119,513 shares for 0.07% of their portfolio.

Herald Investment Management Ltd holds 6.13% of its portfolio in Pegasystems, Inc. for 328,500 shares. Contour Asset Management Llc owns 1.65 million shares or 5.35% of their US portfolio. Moreover, Ranger Investment Management L.P. has 3.29% invested in the company for 760,981 shares. The Massachusetts-based Whale Rock Capital Management Llc has invested 3.09% in the stock. Ironwood Investment Management Llc, a Massachusetts-based fund reported 60,712 shares.

Since January 1, 0001, it had 0 insider purchases, and 15 selling transactions for $2.06 million activity.

The stock decreased 0.10% or $0.05 during the last trading session, reaching $50.3. About 330,277 shares traded. Pegasystems, Inc. (PEGA) has risen 126.00% since January 14, 2017 and is uptrending. It has outperformed by 109.30% the S&P500.

Ratings analysis reveals 50% of Pegasystems’s analysts are positive. Out of 2 Wall Street analysts rating Pegasystems, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. PEGA was included in 2 notes of analysts from November 14, 2016. The stock of Pegasystems, Inc. (NASDAQ:PEGA) earned “Outperform” rating by Wedbush on Wednesday, December 21. Sidoti downgraded the stock to “Neutral” rating in Monday, November 14 report.

Analysts await Pegasystems, Inc. (NASDAQ:PEGA) to report earnings on February, 22. They expect $0.05 EPS, down 58.33% or $0.07 from last year’s $0.12 per share. PEGA’s profit will be $3.89 million for 251.50 P/E if the $0.05 EPS becomes a reality. After $-0.07 actual EPS reported by Pegasystems, Inc. for the previous quarter, Wall Street now forecasts -171.43% EPS growth.

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