Bank of the Ozarks (OZRK) Forms $48.24 Double Top; Harvest Capital Strategies Has Boosted Palo Alto Networks (PANW) Holding By $7.20 Million

May 27, 2018 - By Martha Paddon

Palo Alto Networks, Inc. (NYSE:PANW) Logo

Bank of the Ozarks (OZRK) formed double top with $50.17 target or 4.00% above today’s $48.24 share price. Bank of the Ozarks (OZRK) has $6.23 billion valuation. The stock decreased 0.45% or $0.22 during the last trading session, reaching $48.24. About 272,353 shares traded. Bank of the Ozarks (NASDAQ:OZRK) has declined 5.72% since May 27, 2017 and is downtrending. It has underperformed by 17.27% the S&P500.

Harvest Capital Strategies Llc increased Palo Alto Networks Inc (PANW) stake by 50% reported in 2017Q4 SEC filing. Harvest Capital Strategies Llc acquired 50,000 shares as Palo Alto Networks Inc (PANW)’s stock rose 22.78%. The Harvest Capital Strategies Llc holds 150,000 shares with $21.74M value, up from 100,000 last quarter. Palo Alto Networks Inc now has $19.22 billion valuation. The stock increased 0.07% or $0.14 during the last trading session, reaching $209.29. About 778,536 shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has risen 60.50% since May 27, 2017 and is uptrending. It has outperformed by 48.95% the S&P500.

Among 13 analysts covering Bank of the Ozarks (NASDAQ:OZRK), 7 have Buy rating, 1 Sell and 5 Hold. Therefore 54% are positive. Bank of the Ozarks had 52 analyst reports since August 25, 2015 according to SRatingsIntel. As per Tuesday, January 16, the company rating was maintained by Stephens. On Friday, July 28 the stock rating was maintained by Stephens with “Hold”. The firm has “Outperform” rating by Keefe Bruyette & Woods given on Friday, June 24. Keefe Bruyette & Woods maintained Bank of the Ozarks (NASDAQ:OZRK) on Monday, September 11 with “Buy” rating. The rating was maintained by Brean Capital on Wednesday, August 2 with “Buy”. Stephens maintained the stock with “Hold” rating in Monday, April 16 report. PiperJaffray reinitiated Bank of the Ozarks (NASDAQ:OZRK) rating on Thursday, October 5. PiperJaffray has “Overweight” rating and $55 target. On Monday, May 21 the stock rating was maintained by Brean Capital with “Buy”. The rating was initiated by Brean Capital on Wednesday, November 30 with “Buy”. The company was maintained on Friday, May 11 by Stephens.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.13, from 1.08 in 2017Q3. It increased, as 17 investors sold Bank of the Ozarks shares while 109 reduced holdings. 48 funds opened positions while 104 raised stakes. 104.65 million shares or 0.47% more from 104.17 million shares in 2017Q3 were reported. Phocas Fincl owns 9,250 shares. American International Grp has invested 0.04% in Bank of the Ozarks (NASDAQ:OZRK). Cornerstone Advsrs reported 0.01% of its portfolio in Bank of the Ozarks (NASDAQ:OZRK). First Midwest Bancorp Tru Division accumulated 0.11% or 17,970 shares. Teacher Retirement Of Texas has 41,583 shares for 0.01% of their portfolio. Cibc Asset Mngmt has 0% invested in Bank of the Ozarks (NASDAQ:OZRK) for 7,673 shares. Janney Montgomery Scott Lc has invested 0.02% in Bank of the Ozarks (NASDAQ:OZRK). Fiera Cap Corporation has 463,942 shares. Colony Gp Limited Liability reported 37,619 shares. Alliancebernstein Ltd Partnership owns 69,963 shares. Verition Fund Management Ltd Com accumulated 76,322 shares. Natixis reported 4,379 shares or 0% of all its holdings. Hm Payson &, a Maine-based fund reported 27,300 shares. Ftb Advsr reported 991 shares or 0% of all its holdings. Shaker Invs Ltd Liability Com Oh owns 2.43% invested in Bank of the Ozarks (NASDAQ:OZRK) for 75,660 shares.

Analysts await Bank of the Ozarks (NASDAQ:OZRK) to report earnings on July, 11. They expect $0.90 earnings per share, up 23.29% or $0.17 from last year’s $0.73 per share. OZRK’s profit will be $116.27M for 13.40 P/E if the $0.90 EPS becomes a reality. After $0.88 actual earnings per share reported by Bank of the Ozarks for the previous quarter, Wall Street now forecasts 2.27% EPS growth.

Since December 15, 2017, it had 0 buys, and 15 selling transactions for $67.31 million activity. 1,980 Palo Alto Networks, Inc. (NYSE:PANW) shares with value of $373,709 were sold by MERESMAN STANLEY J. 40,000 shares were sold by MCLAUGHLIN MARK D, worth $7.17 million. 30,000 Palo Alto Networks, Inc. (NYSE:PANW) shares with value of $4.76 million were sold by ZUK NIR.

Harvest Capital Strategies Llc decreased Lithia Motors Inc (NYSE:LAD) stake by 8,000 shares to 47,000 valued at $5.34 million in 2017Q4. It also reduced Health Ins Innovations Inc (NASDAQ:HIIQ) stake by 53,850 shares and now owns 321,150 shares. Sprouts Fmrs Mkt Inc (NASDAQ:SFM) was reduced too.

Investors sentiment increased to 1.22 in 2017 Q4. Its up 0.06, from 1.16 in 2017Q3. It is positive, as 36 investors sold PANW shares while 160 reduced holdings. 87 funds opened positions while 152 raised stakes. 70.89 million shares or 1.01% more from 70.19 million shares in 2017Q3 were reported. Avalon Asset Mngmt Lc invested 4.33% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). 788 are held by Rockefeller Fincl. Pinebridge Investments Limited Partnership holds 23,998 shares or 0.09% of its portfolio. Jefferies Grp Lc, New York-based fund reported 29,551 shares. Fincl Bank Of Montreal Can owns 52,521 shares. Moreover, Two Sigma Securities Ltd Limited Liability Company has 0.01% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 2,023 shares. 2,460 are held by Piedmont Investment Advsr Ltd Liability Company. Highland Cap Mngmt Limited Liability has 6,196 shares. Gillespie Robinson Grimm reported 1,834 shares. Cwm Limited Liability Corporation invested 0% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). National Bank Of New York Mellon Corporation owns 460,540 shares. 555 are owned by Stratos Wealth Ptnrs. Scout invested in 64,858 shares. Goodwin Daniel L owns 4,500 shares or 0.28% of their US portfolio. Dimensional Fund Advsr Limited Partnership owns 91,443 shares or 0.01% of their US portfolio.

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 $240 highest and $119 lowest target. $184.23’s average target is -11.97% below currents $209.29 stock price. Palo Alto Networks had 208 analyst reports since July 22, 2015 according to SRatingsIntel. JMP Securities maintained Palo Alto Networks, Inc. (NYSE:PANW) rating on Thursday, March 1. JMP Securities has “Market Outperform” rating and $210 target. The stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Buy” rating by KeyBanc Capital Markets on Friday, October 6. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Buy” rating given on Tuesday, January 23 by Deutsche Bank. Cowen & Co maintained the stock with “Buy” rating in Tuesday, February 27 report. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Outperform” rating given on Friday, May 26 by Cowen & Co. KeyBanc Capital Markets maintained Palo Alto Networks, Inc. (NYSE:PANW) on Thursday, August 31 with “Buy” rating. The firm has “Hold” rating given on Thursday, June 15 by Evercore. The stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Buy” rating by Piper Jaffray on Tuesday, October 10. The rating was maintained by RBC Capital Markets on Friday, September 1 with “Outperform”. The company was maintained on Wednesday, November 25 by Imperial Capital.

More notable recent Palo Alto Networks, Inc. (NYSE:PANW) news were published by: Fool.com which released: “Don’t Get Greedy Yet With Check Point Software Technologies Stock” on May 26, 2018, also 247Wallst.com with their article: “Short Sellers Can’t Make Up Their Minds on Cybersecurity Stocks” published on May 25, 2018, Benzinga.com published: “8 Biggest Price Target Changes For Thursday” on May 24, 2018. More interesting news about Palo Alto Networks, Inc. (NYSE:PANW) were released by: Investorplace.com and their article: “3 Cybersecurity Stocks That Could Roar Higher” published on May 10, 2018 as well as Streetinsider.com‘s news article titled: “UPDATE: Palo Alto Networks (PANW) PT Raised to $225 at Stephens Following 3Q Checks” with publication date: May 14, 2018.

Palo Alto Networks, Inc. (NYSE:PANW) Institutional Positions Chart