Palo Alto Networks, Inc. (PANW) Is At $146.15 Formed Wedge; Continental Advisors Lowered Waddell & Reed Finl (Call) (WDR) Holding

Palo Alto Networks, Inc. (PANW) formed wedge up with $159.30 target or 9.00% above today’s $146.15 share price. Palo Alto Networks, Inc. (PANW) has $13.43 billion valuation. The stock decreased 0.31% or $0.46 during the last trading session, reaching $146.15. About 654,066 shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has declined 16.31% since December 26, 2016 and is downtrending. It has underperformed by 33.01% the S&P500.

Continental Advisors Llc decreased Waddell & Reed Finl Inc (Call) (WDR) stake by 44.3% reported in 2017Q3 SEC filing. Continental Advisors Llc sold 132,900 shares as Waddell & Reed Finl Inc (Call) (WDR)’s stock declined 8.21%. The Continental Advisors Llc holds 167,100 shares with $3.35 million value, down from 300,000 last quarter. Waddell & Reed Finl Inc (Call) now has $1.88 billion valuation. The stock increased 0.63% or $0.14 during the last trading session, reaching $22.49. About 651,061 shares traded. Waddell & Reed Financial, Inc. (NYSE:WDR) has declined 11.92% since December 26, 2016 and is downtrending. It has underperformed by 28.62% the S&P500.

Continental Advisors Llc increased Avon Prods Inc (Call) (NYSE:AVP) stake by 400,000 shares to 530,000 valued at $1.24M in 2017Q3. It also upped Cardinal Health Inc (NYSE:CAH) stake by 40,100 shares and now owns 88,900 shares. Avon Prods Inc (NYSE:AVP) was raised too.

Among 9 analysts covering Waddell & Reed Financial Inc. (NYSE:WDR), 0 have Buy rating, 4 Sell and 5 Hold. Therefore 0 are positive. Waddell & Reed Financial Inc. had 45 analyst reports since August 27, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, September 6 by Jefferies. The firm earned “Mkt Perform” rating on Wednesday, June 14 by Keefe Bruyette & Woods. The firm earned “Underperform” rating on Tuesday, March 15 by Bank of America. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, February 3. Credit Suisse maintained Waddell & Reed Financial, Inc. (NYSE:WDR) on Wednesday, September 16 with “Neutral” rating. Jefferies maintained it with “Hold” rating and $1900 target in Wednesday, August 2 report. On Wednesday, October 18 the stock rating was maintained by RBC Capital Markets with “Sell”. The rating was maintained by Jefferies with “Hold” on Wednesday, June 28. The firm has “Sell” rating given on Monday, October 17 by Citigroup. Keefe Bruyette & Woods maintained it with “Hold” rating and $20.0 target in Monday, September 4 report.

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.14, from 1.19 in 2017Q2. It is negative, as 20 investors sold WDR shares while 64 reduced holdings. 30 funds opened positions while 58 raised stakes. 79.83 million shares or 0.88% more from 79.13 million shares in 2017Q2 were reported. 10,308 are owned by Cibc Asset Mgmt Incorporated. Walleye Trading Limited Liability Corp, a Minnesota-based fund reported 5,728 shares. State Street Corp, Massachusetts-based fund reported 2.99 million shares. Benjamin F Edwards & reported 390 shares. 3,031 are held by Ent Service Corp. Ls Inv Advsr Ltd Limited Liability Company holds 2,522 shares. Paloma Partners Management Communication stated it has 0% of its portfolio in Waddell & Reed Financial, Inc. (NYSE:WDR). Parametric Port Assoc Ltd Com owns 517,555 shares or 0.01% of their US portfolio. First Manhattan Com has 10,045 shares. Nationwide Fund Advsrs holds 0.01% in Waddell & Reed Financial, Inc. (NYSE:WDR) or 79,937 shares. 81,200 were accumulated by Argent Capital Llc. Amp Investors Limited holds 0.01% or 54,667 shares. Alabama-based Regions Fincl Corporation has invested 0.09% in Waddell & Reed Financial, Inc. (NYSE:WDR). Swiss Bank owns 141,100 shares for 0% of their portfolio. Tiaa Cref Management Limited Liability Corp has 0% invested in Waddell & Reed Financial, Inc. (NYSE:WDR).

Analysts await Waddell & Reed Financial, Inc. (NYSE:WDR) to report earnings on January, 30. They expect $0.40 earnings per share, down 16.67% or $0.08 from last year’s $0.48 per share. WDR’s profit will be $33.35M for 14.06 P/E if the $0.40 EPS becomes a reality. After $0.45 actual earnings per share reported by Waddell & Reed Financial, Inc. for the previous quarter, Wall Street now forecasts -11.11% negative EPS growth.

Since August 3, 2017, it had 0 buys, and 2 insider sales for $604,615 activity. The insider Clouse Benjamin R sold 5,903 shares worth $118,141. On Thursday, August 3 the insider KOSLOFF ALAN W sold $486,474.

Since September 8, 2017, it had 0 insider buys, and 9 insider sales for $42.82 million activity. MCLAUGHLIN MARK D also sold $5.24M worth of Palo Alto Networks, Inc. (NYSE:PANW) shares. Shares for $302,024 were sold by MERESMAN STANLEY J on Tuesday, October 10. $6.36 million worth of Palo Alto Networks, Inc. (NYSE:PANW) was sold by Anderson Mark. Shares for $21.88M were sold by ZUK NIR. The insider Eschenbach Carl M. sold 1,572 shares worth $227,920. On Tuesday, October 10 BONVANIE RENE sold $4.09 million worth of Palo Alto Networks, Inc. (NYSE:PANW) or 27,248 shares.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.22, from 0.94 in 2017Q2. It increased, as 43 investors sold Palo Alto Networks, Inc. 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. Glynn Cap Mngmt Ltd has invested 6.05% in Palo Alto Networks, Inc. (NYSE:PANW). Oppenheimer Asset Mngmt Inc holds 0.08% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW) for 22,677 shares. Moreover, Crosslink Capital has 6.08% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 248,368 shares. Meiji Yasuda Asset Mgmt Ltd has 0.04% invested in Palo Alto Networks, Inc. (NYSE:PANW). Cambridge Trust holds 137,115 shares. Vident Invest Advisory Limited Co, a Georgia-based fund reported 3,096 shares. Whittier Trust Of Nevada reported 0.05% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Pine River Cap Mngmt Lp stated it has 0.04% in Palo Alto Networks, Inc. (NYSE:PANW). Comml Bank Hapoalim Bm reported 1,897 shares. Gateway Investment Advisers Ltd Liability stated it has 40,647 shares or 0.05% of all its holdings. Citadel Ltd Llc invested 0.32% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Wealthtrust holds 10 shares or 0% of its portfolio. 5,443 were accumulated by Gilman Hill Asset Management Ltd Liability Co. Korea Inv has invested 0.03% in Palo Alto Networks, Inc. (NYSE:PANW). 46 are held by Evercore Wealth Management Limited.

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 has $235 highest and $119 lowest target. $170.48’s average target is 16.65% above currents $146.15 stock price. Palo Alto Networks had 179 analyst reports since July 22, 2015 according to SRatingsIntel. As per Tuesday, November 24, the company rating was maintained by FBR Capital. Morgan Stanley downgraded Palo Alto Networks, Inc. (NYSE:PANW) on Wednesday, March 1 to “Equal-Weight” rating. The firm has “Buy” rating given on Tuesday, November 21 by Bernstein. The stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Overweight” rating by Piper Jaffray on Thursday, May 12. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Buy” rating given on Wednesday, September 27 by Cowen & Co. The stock has “Buy” rating by UBS on Friday, May 27. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Buy” rating given on Friday, October 27 by Maxim Group. William Blair upgraded the stock to “Outperform” rating in Monday, December 4 report. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, June 1. On Wednesday, August 31 the stock rating was downgraded by Raymond James to “Outperform”.

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.