Why Rene Bonvanie Unloaded 13,503 Stock of Palo Alto Networks, Inc. (PANW)?; Cisco Systems (CSCO) Shorts Lowered By 13.36%

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Cisco Systems Inc (NASDAQ:CSCO) had a decrease of 13.36% in short interest. CSCO’s SI was 48.54 million shares in June as released by FINRA. Its down 13.36% from 56.03M shares previously. With 34.18 million avg volume, 1 days are for Cisco Systems Inc (NASDAQ:CSCO)’s short sellers to cover CSCO’s short positions. The SI to Cisco Systems Inc’s float is 0.98%. The stock increased 0.16% or $0.07 during the last trading session, reaching $44.01. About 18.34 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 37.60% since June 14, 2017 and is uptrending. It has outperformed by 25.03% the S&P500. Some Historical CSCO News: ; 17/04/2018 – SecurView Unveils IDA 2.3 with Improved User Experience and New Features for Accelerating Cisco ISE Deployments; 06/04/2018 – CSCO: Cybercrime attacks on the country’s infrastructure; Qom News Healthy cyberattack attacks are taking place using the vulnerability of Cisco routers around the world and the Internet infrastructure in Iran that has used these routers; 01/05/2018 – Permira Funds to Acquire Cisco’s Service Provider Video Software Solutions Business; 16/05/2018 – Cisco Systems 3Q Cash, Equivalents, Investments $54.4B; 10/04/2018 – New SevOne Solution Automates the Operational Insight of Cisco ACI-Based Infrastructure; 10/05/2018 – Former Cisco CEO John Chambers Joins Bloom Energy Board of Directors; 23/05/2018 – CISCO SAYS IT SUSPECTS RUSSIAN GOV’T BEHIND HACKING CAMPAIGN AND WARNS IT MAY BE PLANNING ANOTHER ATTACK ON UKRAINE; 16/05/2018 – Cisco Systems 3Q Operating Cash Flow $2.4B; 12/04/2018 – Cisco Board Size Increases to 12; 23/05/2018 – Ukraine cyber police aware of possible new threat -police chief

Since February 20, 2018, it had 0 insider purchases, and 3 selling transactions for $2.12 million activity. BURNS M MICHELE sold 12,126 shares worth $550,153. Another trade for 20,671 shares valued at $940,559 was sold by Goeckeler David. 14,189 shares were sold by SARIN ARUN, worth $625,751.

Investors sentiment decreased to 0.73 in 2018 Q1. Its down 0.30, from 1.03 in 2017Q4. It is negative, as 66 investors sold Cisco Systems, Inc. shares while 798 reduced holdings. 170 funds opened positions while 464 raised stakes. 3.40 billion shares or 4.18% less from 3.54 billion shares in 2017Q4 were reported. Fiduciary Finance Service Of The Southwest Tx has invested 0.5% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). 4.69 million were accumulated by Strs Ohio. Modera Wealth Mngmt Ltd stated it has 0.1% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Gam Ag owns 383,708 shares. Schaper Benz Wise Counsel Wi reported 3.09% in Cisco Systems, Inc. (NASDAQ:CSCO). New England Private Wealth Advsrs Lc owns 7,521 shares for 0.09% of their portfolio. Selway Asset has 152,618 shares. James Incorporated invested in 295,284 shares or 0.48% of the stock. Moreover, Amg Funds Limited Liability Company has 1.08% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Quantitative Inv Mgmt Ltd Company accumulated 0.52% or 696,200 shares. Coldstream Cap Mgmt holds 0.36% or 78,607 shares. Field And Main Bankshares holds 0.79% or 18,900 shares in its portfolio. Halbert Hargrove Russell Lc has 5,791 shares for 0.07% of their portfolio. Argentiere Capital Ag invested in 32,500 shares or 0.59% of the stock. Haverford reported 11,093 shares.

Among 39 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Cisco Systems Inc. has $160 highest and $16 lowest target. $44.20’s average target is 0.43% above currents $44.01 stock price. Cisco Systems Inc. had 173 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Thursday, November 16 by Deutsche Bank. The rating was maintained by Citigroup with “Buy” on Thursday, August 18. The firm earned “Hold” rating on Wednesday, June 28 by BMO Capital Markets. Wells Fargo maintained it with “Buy” rating and $52.0 target in Thursday, February 15 report. The firm has “Buy” rating given on Thursday, November 16 by Raymond James. Stifel Nicolaus maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Monday, February 8. Stifel Nicolaus has “Buy” rating and $30 target. The firm has “Buy” rating given on Thursday, February 15 by Robert W. Baird. Deutsche Bank maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, September 14 with “Buy” rating. The rating was maintained by Cowen & Co with “Outperform” on Thursday, August 18. RBC Capital Markets maintained it with “Buy” rating and $36.0 target in Wednesday, September 6 report.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “3 Security Stocks in the Spotlight With Fresh Cyber Attacks” on June 12, 2018, also Globenewswire.com with their article: “Cisco Announces June 2018 Events with the Financial Community” published on May 30, 2018, Nasdaq.com published: “We Could Make 52% From Cisco In 7 Months Or Less” on June 04, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Globenewswire.com and their article: “Oppenheimer and Cisco to Host Tech Talk on Cisco’s AppDynamics” published on May 23, 2018 as well as Investingnews.com‘s news article titled: “3 Cybersecurity ETFs For Investors” with publication date: June 14, 2018.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry worldwide. The company has market cap of $206.97 billion. The firm offers switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. It currently has negative earnings. It also provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, series, fabric interconnects, and management software solutions; wireless products consisting of wireless access points, WLAN controllers, cloud and appliances based services, and integrated software services.

Investors sentiment decreased to 1.18 in Q1 2018. Its down 0.04, from 1.22 in 2017Q4. It dived, as 43 investors sold Palo Alto Networks, Inc. shares while 172 reduced holdings. 89 funds opened positions while 165 raised stakes. 72.18 million shares or 1.82% more from 70.89 million shares in 2017Q4 were reported. St Germain D J Company reported 15,755 shares or 0.36% of all its holdings. Finemark Bancshares Tru holds 0.01% or 1,218 shares in its portfolio. Adage Cap Prtn Gp Lc, a Massachusetts-based fund reported 60,000 shares. Franklin Resources has 0% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 7,034 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Corporation holds 2,500 shares or 0% of its portfolio. 14,892 were accumulated by Bessemer Grp Inc. Rwc Asset Llp holds 70,000 shares or 0.68% of its portfolio. 4.45M were accumulated by Renaissance Technologies Ltd Liability Com. Hbk L P has invested 0.07% in Palo Alto Networks, Inc. (NYSE:PANW). Moneta Gru Investment Advsrs Ltd Liability Company has 140 shares for 0% of their portfolio. Bp Public Ltd Co invested in 0.07% or 11,000 shares. Bangor Bancshares invested in 0.33% or 9,087 shares. The Massachusetts-based Bogle Investment Mngmt Lp De has invested 1.05% in Palo Alto Networks, Inc. (NYSE:PANW). Forbes J M & Co Llp reported 26,112 shares. Wesbanco Comml Bank has 0.18% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 18,899 shares.

Since December 15, 2017, it had 1 buying transaction, and 14 selling transactions for $56.54 million activity. 5,000 shares were sold by MCLAUGHLIN MARK D, worth $800,000. ZUK NIR had sold 30,000 shares worth $5.45 million. 33,255 shares were bought by Arora Nikesh, worth $6.62M. Shares for $369,844 were sold by MERESMAN STANLEY J.

The EVP – Chief Marketing Officer of Palo Alto Networks Inc, Rene Bonvanie is in the stock market news today. It was revealed in a legal form filled by Rene Bonvanie and submitted to the Washington-based Security and Exchange Commission on 13-06-2018, he sold 13,503 shares from the stock exchange listed company valued at $2,687,516 US Dollars. The insider shares average price was $199.0. Due to the size of the trade there is little probability that it will go ignored. Rene Bonvanie now has ownership of 65,130 shares or 0.07% of Palo Alto Networks Inc’s market cap.

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 has $26200 highest and $119 lowest target. $194.46’s average target is -8.73% below currents $213.05 stock price. Palo Alto Networks had 220 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, April 20 by Cowen & Co. The stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Hold” rating by Evercore on Wednesday, May 31. The company was maintained on Thursday, February 22 by RBC Capital Markets. Barclays Capital maintained Palo Alto Networks, Inc. (NYSE:PANW) rating on Friday, September 1. Barclays Capital has “Overweight” rating and $161 target. William Blair maintained the stock with “Buy” rating in Wednesday, January 24 report. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Buy” rating given on Wednesday, July 5 by Maxim Group. The firm earned “Market Perform” rating on Wednesday, March 1 by William Blair. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Buy” rating given on Sunday, October 8 by RBC Capital Markets. Piper Jaffray maintained Palo Alto Networks, Inc. (NYSE:PANW) on Thursday, August 31 with “Buy” rating. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Overweight” rating given on Thursday, May 12 by Piper Jaffray.

Palo Alto Networks, Inc. provides security platform solutions worldwide. The company has market cap of $19.79 billion. The Company’s platform includes Next-Generation Firewall that delivers application, user, and content visibility and control, as well as protection against network cyber threats; Advanced Endpoint Protection, which prevents cyber-attacks that exploit software vulnerabilities on various fixed, mobile, and virtual endpoints and servers; and Threat Intelligence Cloud, which offers central intelligence capabilities, security for software as a service applications, and automated delivery of preventative measures against cyber-attacks. It currently has negative earnings. The firm provides firewall appliances and software; Panorama, a security management solution for the control of appliances deployed on an end-customerÂ’s network as a virtual or a physical appliance; and Virtual System Upgrades, which are available as extensions to the virtual system capacity that ships with physical appliances.

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