Trending Stock News

Crosslink Capital Has Raised Holding in Palo Alto Networks (PANW) by $3.00 Million as Market Valuation Declined; Quadrant Capital Management Cut Its Holding in Discover Financial Services (DFS) by $1.74 Million

Seymour Sy Kaufman increased its stake in Palo Alto Networks (PANW) by 9.17% based on its latest 2017Q3 regulatory filing with the SEC. Crosslink Capital Inc bought 20,860 shares as the company’s stock declined 24.72% while stock markets rallied. The hedge fund run by Seymour Sy Kaufman held 248,368 shares of the technology company at the end of 2017Q3, valued at $35.79M, up from 227,508 at the end of the previous reported quarter. Crosslink Capital Inc who had been investing in Palo Alto Networks for a number of months, seems to be bullish on the $14.89B market cap company. The stock increased 0.93% or $1.49 during the last trading session, reaching $162.08. About 1.39M shares traded or 2.65% up from the average. Palo Alto Networks, Inc. (NYSE:PANW) has declined 16.31% since February 20, 2017 and is downtrending. It has underperformed by 33.01% the S&P500.

Quadrant Capital Management Llc decreased its stake in Discover Financial Services (DFS) by 81.11% based on its latest 2017Q3 regulatory filing with the SEC. Quadrant Capital Management Llc sold 27,115 shares as the company’s stock declined 15.69% while stock markets rallied. The institutional investor held 6,315 shares of the consumer services company at the end of 2017Q3, valued at $407,000, down from 33,430 at the end of the previous reported quarter. Quadrant Capital Management Llc who had been investing in Discover Financial Services for a number of months, seems to be less bullish one the $28.90 billion market cap company. The stock increased 1.22% or $0.96 during the last trading session, reaching $79.53. About 2.14 million shares traded. Discover Financial Services (NYSE:DFS) has risen 10.42% since February 20, 2017 and is uptrending. It has underperformed by 6.28% the S&P500.

Among 32 analysts covering Discover Financial Services (NYSE:DFS), 22 have Buy rating, 1 Sell and 9 Hold. Therefore 69% are positive. Discover Financial Services had 90 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, May 15 by Wood. Oppenheimer maintained it with “Outperform” rating and $67 target in Thursday, January 28 report. The firm has “Buy” rating given on Wednesday, October 25 by Nomura. The stock of Discover Financial Services (NYSE:DFS) earned “Hold” rating by BMO Capital Markets on Thursday, June 1. The company was maintained on Wednesday, July 26 by Oppenheimer. Oppenheimer maintained Discover Financial Services (NYSE:DFS) on Wednesday, October 21 with “Outperform” rating. The rating was maintained by Wells Fargo on Thursday, January 25 with “Market Perform”. Jefferies maintained Discover Financial Services (NYSE:DFS) rating on Wednesday, January 10. Jefferies has “Buy” rating and $91.0 target. Compass Point downgraded Discover Financial Services (NYSE:DFS) on Wednesday, October 25 to “Hold” rating. Deutsche Bank upgraded Discover Financial Services (NYSE:DFS) on Thursday, January 7 to “Buy” rating.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.14, from 0.91 in 2017Q2. It turned negative, as 71 investors sold DFS shares while 261 reduced holdings. 58 funds opened positions while 197 raised stakes. 301.28 million shares or 2.91% less from 310.30 million shares in 2017Q2 were reported. Monetary Gp owns 9,900 shares. Deroy Devereaux Private Counsel accumulated 1.71% or 235,671 shares. Clearbridge Limited Liability holds 829,898 shares. 4,018 were reported by Private Tru Na. Highvista Strategies holds 5,000 shares. Lourd Cap Limited Liability Company, a California-based fund reported 3,668 shares. Robecosam Ag has invested 0.8% in Discover Financial Services (NYSE:DFS). Ironwood Fincl Ltd Liability Com invested 0% of its portfolio in Discover Financial Services (NYSE:DFS). Cibc Asset Inc has invested 0.02% in Discover Financial Services (NYSE:DFS). Parkside National Bank & Trust Trust holds 220 shares or 0.01% of its portfolio. Segall Bryant & Hamill Limited Liability Corporation holds 172,013 shares or 0.26% of its portfolio. Lowe Brockenbrough Com invested in 138,028 shares. Icon Advisers stated it has 1.13% in Discover Financial Services (NYSE:DFS). First Citizens Natl Bank Tru holds 3,106 shares. Alps owns 9,275 shares or 0% of their US portfolio.

Among 52 analysts covering Palo Alto Networks (NYSE:PANW), 42 have Buy rating, 2 Sell and 8 Hold. Therefore 81% are positive. Palo Alto Networks had 185 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Overweight” rating given on Friday, May 27 by Pacific Crest. On Wednesday, August 31 the stock rating was downgraded by Raymond James to “Outperform”. On Thursday, September 10 the stock rating was maintained by Gabelli with “Hold”. KeyBanc Capital Markets maintained Palo Alto Networks, Inc. (NYSE:PANW) rating on Friday, October 6. KeyBanc Capital Markets has “Buy” rating and $170.0 target. The rating was maintained by KeyBanc Capital Markets on Thursday, August 31 with “Buy”. Cowen & Co maintained the shares of PANW in report on Friday, May 26 with “Outperform” rating. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Buy” rating given on Sunday, October 8 by RBC Capital Markets. The rating was maintained by Wunderlich on Friday, May 27 with “Buy”. BMO Capital Markets maintained Palo Alto Networks, Inc. (NYSE:PANW) on Monday, February 27 with “Market Perform” rating. The company was maintained on Friday, April 21 by BMO Capital Markets.

Crosslink Capital Inc, which manages about $2.09B and $589.12M US Long portfolio, decreased its stake in Euronet Worldwide (NASDAQ:EEFT) by 78,830 shares to 165,661 shares, valued at $15.70 million in 2017Q3, according to the filing. It also reduced its holding in Lam Research (NASDAQ:LRCX) by 49,670 shares in the quarter, leaving it with 87,093 shares, and cut its stake in Synaptics (NASDAQ:SYNA).

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.22, from 0.94 in 2017Q2. It improved, 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. Employees Retirement Sys Of Ohio owns 0.04% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 52,196 shares. Geode Capital Lc reported 658,047 shares. Boothbay Fund Management Ltd Liability Corp stated it has 3,775 shares. Ahl Prtn Llp has invested 0.02% in Palo Alto Networks, Inc. (NYSE:PANW). Harber Asset Mgmt Ltd Liability accumulated 95,163 shares or 5.04% of the stock. Toronto Dominion Bank reported 0% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Twin Tree Management Limited Partnership reported 0.07% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Glenmede Tru Na stated it has 2,633 shares. Thompson Davis has 32 shares for 0.01% of their portfolio. Parkside Bancorporation Tru invested in 0% or 27 shares. Livforsakringsbolaget Skandia Omsesidigt stated it has 1,700 shares. Weiss Multi stated it has 75,000 shares or 0.4% of all its holdings. Amp Invsts holds 0.02% or 30,506 shares. Wafra Inv Advisory Grp Inc Inc New York reported 140,199 shares. Telemus Capital Limited Liability reported 0.31% in Palo Alto Networks, Inc. (NYSE:PANW).

Since September 8, 2017, it had 0 insider buys, and 15 insider sales for $63.89 million activity. $5.24 million worth of Palo Alto Networks, Inc. (NYSE:PANW) was sold by MCLAUGHLIN MARK D on Tuesday, October 10. $6.36M worth of Palo Alto Networks, Inc. (NYSE:PANW) was sold by Anderson Mark. BONVANIE RENE sold $4.09 million worth of stock or 27,248 shares. MERESMAN STANLEY J had sold 2,000 shares worth $302,024. On Friday, September 8 the insider Eschenbach Carl M. sold $227,920.

Leave a Reply

Your email address will not be published. Required fields are marked *