Institutional investors control 78% of Palo Alto Networks, Inc. (NASDAQ:PANW) and were rewarded last week after stock increased 9.6%
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Significantly high institutional ownership implies Palo Alto Networks’ stock price is sensitive to their trading actions
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The top 25 shareholders own 46% of the company
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Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business
If you want to know who really controls Palo Alto Networks, Inc. (NASDAQ:PANW), then you’ll have to look at the makeup of its share registry. With 78% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Last week’s 9.6%…
