Light Street Capital Management Llc increased its stake in Palo Alto Networks Inc (PANW) by 152% based on its latest 2019Q1 regulatory filing with the SEC. Light Street Capital Management Llc bought 125,100 shares as the company’s stock declined 1.08% while stock markets rallied. The hedge fund held 207,400 shares of the technology company at the end of 2019Q1, valued at $50.37 million, up from 82,300 at the end of the previous reported quarter. Light Street Capital Management Llc who had been investing in Palo Alto Networks Inc for a number of months, seems to be bullish on the $19.30B market cap company. The stock increased 1.11% or $2.21 during the last trading session, reaching $201.14. About 706,482 shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has risen 9.82% since June 11, 2018 and is uptrending. It has outperformed by 5.39% the S&P500. Some Historical PANW News: 22/03/2018 – PALO ALTO NETWORKS INC PANW.N : MONNESS CRESPI HARDT RAISES TARGET PRICE TO $210 FROM $190; 05/04/2018 – Cohesity Hires Enterprise Technology Veteran Matt McSweeney as Vice President of Sales, Americas; 14/03/2018 – Palo Alto Networks to Buy Cloud Services Infrastructure Company Evident.i; 26/03/2018 – PALO ALTO NETWORKS CLOSES PURCHASE OF EVIDENT.IO; 07/05/2018 – PINNACLE WEST RAISES PALO VERDE 3 REACTOR TO 69% FROM 0%: NRC; 22/05/2018 – Mist Announces New Al-Driven Wireless LAN for the Palo Alto Networks Application Framework; 27/03/2018 – USGS: M 1.0 – 3km NNW of Palo Cedro, CA; 23/05/2018 – UKRAINE STATE SECURITY SERVICE SAYS THE POSSIBLE CYBER ATTACK APPEARS TO BE FOCUSED ON UKRAINE; 22/04/2018 – DJ Palo Alto Networks Inc, Inst Holders, 1Q 2018 (PANW); 23/04/2018 – Light Street’s Kacher Touts Palo Alto Networks at Sohn: TOPLive
Yhb Investment Advisors Inc decreased its stake in Celgene Corp (CELG) by 48.19% based on its latest 2019Q1 regulatory filing with the SEC. Yhb Investment Advisors Inc sold 43,320 shares as the company’s stock rose 5.82% with the market. The institutional investor held 46,577 shares of the major pharmaceuticals company at the end of 2019Q1, valued at $4.39M, down from 89,897 at the end of the previous reported quarter. Yhb Investment Advisors Inc who had been investing in Celgene Corp for a number of months, seems to be less bullish one the $67.87 billion market cap company. The stock increased 1.00% or $0.95 during the last trading session, reaching $96.24. About 2.09M shares traded. Celgene Corporation (NASDAQ:CELG) has risen 11.31% since June 11, 2018 and is uptrending. It has outperformed by 6.88% the S&P500. Some Historical CELG News: 22/05/2018 – The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Celgene Corporatio; 30/05/2018 – Denali Therapeutics Announces Early Exercise Of Its Option To Acquire F-star Gamma; 14/05/2018 – HHS Secretary Azar talks about more brass knuckle tactics on drug prices, but investors shrug it off again $CELG +1%; 21/03/2018 – Top 3– #1 Celgene goes all-out on neurodegeneration and Alzheimer’s, triggering blockbuster deal with $150M in cash for Prothena $CELG $PRTA +13%; 26/04/2018 – Acceleron Announces Presentations on Lead Product Candidate Luspatercept at the 2018 American Society of Clinical Oncology Annual Meeting; 29/05/2018 – DEADLINE TODAY: The Klein Law Firm Reminds Investors of a Class Action Commenced on Behalf of Celgene Corporation Shareholders and a Lead Plaintiff Deadline of May 29, 2018 (CELG); 02/05/2018 – NOVARTIS: HEALTH CANADA OKS KISQALI FOR BREAST CANCER; 24/05/2018 – CELGENE CORP – PLANS TO EXECUTE A $2 BLN ACCELERATED SHARE REPURCHASE PROGRAM; 30/05/2018 – DENALI THERAPEUTICS: EARLY EXERCISE OF OPTION TO BUY F-STAR; 16/04/2018 – BRISTOL-MYERS SQUIBB CO – SAFETY PROFILE OF OPDIVO WITH A TWO-YEAR FOLLOW-UP WAS CONSISTENT WITH PREVIOUS ANALYSES
Since January 2, 2019, it had 0 insider purchases, and 7 selling transactions for $32.93 million activity. ZUK NIR sold $6.53 million worth of Palo Alto Networks, Inc. (NYSE:PANW) on Friday, February 1. $1.87M worth of Palo Alto Networks, Inc. (NYSE:PANW) was sold by BONVANIE RENE on Tuesday, January 15. Klarich Lee also sold $1.68 million worth of Palo Alto Networks, Inc. (NYSE:PANW) shares.
Investors sentiment increased to 1.55 in Q1 2019. Its up 0.47, from 1.08 in 2018Q4. It improved, as 37 investors sold PANW shares while 168 reduced holdings. 111 funds opened positions while 206 raised stakes. 102.19 million shares or 44.00% more from 70.97 million shares in 2018Q4 were reported. Voloridge Management Lc has invested 0.19% in Palo Alto Networks, Inc. (NYSE:PANW). Horan Advsrs Ltd Liability invested in 13 shares. Earnest Prns Ltd Liability owns 0% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 37 shares. Montag A has invested 0.28% in Palo Alto Networks, Inc. (NYSE:PANW). Moreover, Susquehanna Intll Gp Inc Ltd Liability Partnership has 0% invested in Palo Alto Networks, Inc. (NYSE:PANW). 361,115 were accumulated by Eaton Vance. Keybank National Association Oh has invested 0.05% in Palo Alto Networks, Inc. (NYSE:PANW). Fincl Counselors reported 0.08% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). 2,250 are owned by Washington Cap Mgmt. Blair William And Il holds 0.13% or 90,818 shares. Los Angeles Cap Management And Equity Rech has 0.24% invested in Palo Alto Networks, Inc. (NYSE:PANW). Barclays Public Ltd Com has 0.05% invested in Palo Alto Networks, Inc. (NYSE:PANW). Merian (Uk) Ltd invested in 0.01% or 3,200 shares. Acadian Asset Mgmt Limited has 0% invested in Palo Alto Networks, Inc. (NYSE:PANW). Cookson Peirce And invested in 0.03% or 1,360 shares.
More notable recent Palo Alto Networks, Inc. (NYSE:PANW) news were published by: Finance.Yahoo.com which released: “Do Institutions Own Shares In Palo Alto Networks, Inc. (NYSE:PANW)? – Yahoo Finance” on May 29, 2019, also Fool.com with their article: “After Hours: Tesla’s Musk Reassures, and Veeva’s Victory Sours – The Motley Fool” published on May 29, 2019, Schaeffersresearch.com published: “Morgan Stanley Names Favorite Cybersecurity Stock – Schaeffers Research” on October 08, 2018. More interesting news about Palo Alto Networks, Inc. (NYSE:PANW) were released by: Finance.Yahoo.com and their article: “The Palo Alto Networks (NYSE:PANW) Share Price Is Up 278% And Shareholders Are Boasting About It – Yahoo Finance” published on April 29, 2019 as well as Finance.Yahoo.com‘s news article titled: “Hedge Funds Have Never Been This Bullish On Mercadolibre Inc (MELI) – Yahoo Finance” with publication date: June 11, 2019.
Light Street Capital Management Llc, which manages about $928.09M and $1.50 billion US Long portfolio, decreased its stake in Amazon Com Inc (NASDAQ:AMZN) by 94,450 shares to 52,350 shares, valued at $93.22M in 2019Q1, according to the filing. It also reduced its holding in Wayfair Inc (NYSE:W) by 1.02M shares in the quarter, leaving it with 87,975 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).
Yhb Investment Advisors Inc, which manages about $966.41 million and $638.49 million US Long portfolio, upped its stake in Medtronic Plc (NYSE:MDT) by 11,524 shares to 20,796 shares, valued at $1.89M in 2019Q1, according to the filing. It also increased its holding in Citrix Sys Inc (NASDAQ:CTXS) by 3,256 shares in the quarter, for a total of 29,654 shares, and has risen its stake in Goldman Sachs Group Inc (NYSE:GS).
Since February 7, 2019, it had 0 buys, and 1 sale for $2.05 million activity.
Analysts await Celgene Corporation (NASDAQ:CELG) to report earnings on July, 25. They expect $2.45 EPS, up 31.72% or $0.59 from last year’s $1.86 per share. CELG’s profit will be $1.73 billion for 9.82 P/E if the $2.45 EPS becomes a reality. After $2.28 actual EPS reported by Celgene Corporation for the previous quarter, Wall Street now forecasts 7.46% EPS growth.
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