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Investors boost stake in Palo Alto Networks despite slight stock price drop post-insider sale.
Accredited Investors Inc. and Bank of Hawaii have increased their holdings in Palo Alto Networks, a cybersecurity solutions provider.
The company reported strong Q4 earnings of $0.81 per share, exceeding analysts' estimates.
Despite an insider sale causing a slight stock price drop, Palo Alto Networks has a consensus "Moderate Buy" rating and a $204.52 price target.
The stock now has 79.82% institutional ownership.
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Los inversores aumentan la participación en Palo Alto Networks a pesar de una ligera caída del precio de las acciones después de la venta.