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Palo Alto Networks reports strong Q1 earnings, up 15.3%, despite recent stock sales by insiders.
Palo Alto Networks, a network security company, reported strong Q1 earnings, surpassing analyst expectations with a 15.3% revenue increase.
The company's stock is valued at $133.09 billion, with executives and some investors recently selling shares.
Meanwhile, Persium Advisors increased its holdings, while Sara Bay Financial and Sulzberger Capital Advisors reduced their stakes.
Analysts predict Palo Alto Networks will post an EPS of 1.76 for the current fiscal year.
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Palo Alto Networks reportó fuertes ganancias en el primer trimestre, con un aumento del 15,3%, a pesar de las recientes ventas de acciones por parte de los expertos.