Palo Alto Networks provides global cybersecurity solutions, including firewalls and Panorama, a management tool for efficient network security control.

Palo Alto Stocks

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It guards against threats, including malware and persistent threats, while also securing devices, data, and online activities. Subscriptions cover various protection areas.

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Stock hit a fresh 52-week high on Thursday as Wedbush upped their price target from $290.00 to $350.00, boosting confidence.

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Palo Alto Networks reached $318.00, currently at $309.38, trading 655,227 shares. It closed earlier at $313.86.

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On December 13th, CFO Dipak Golechha sold 2,500 shares at $305.04 each, totaling $762,600. A straightforward move in stock dealings.

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CEO Nikesh Arora sold over 178,000 shares on November 27th, totaling around $47.9 million at an average price of $268.19 each.

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In the 2nd quarter, Bank Julius Baer & Co. Ltd Zurich significantly increased its ownership in Palo Alto Networks by 73,750.1%

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Julius Baer, Zurich, acquired 20.4M shares of a tech firm, now holding $5.2B value, with an extra 20.4M shares bought recently.

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Palo Alto Networks made a solid profit with a 48.58% return on equity and 8.52% net margin, surpassing the estimated $1.84 billion revenue.

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