$0.55 EPS Expected for First Internet Bancorp (INBK), Partner Fund Management LP Has Decreased Palo Alto Networks (PANW) Position

June 19, 2017 - By Vivian Park

Analysts expect First Internet Bancorp (NASDAQ:INBK) to report $0.55 EPS on July, 20.They anticipate $0.02 EPS change or 3.51% from last quarter’s $0.57 EPS. INBK’s profit would be $3.64M giving it 12.43 P/E if the $0.55 EPS is correct. After having $0.43 EPS previously, First Internet Bancorp’s analysts see 27.91% EPS growth. The stock increased 1.86% or $0.5 on June 16, reaching $27.35. About shares traded. First Internet Bancorp (NASDAQ:INBK) has risen 9.91% since June 19, 2016 and is uptrending. It has underperformed by 6.79% the S&P500.

Partner Fund Management Lp decreased Palo Alto Networks Inc (PANW) stake by 48.69% reported in 2016Q4 SEC filing. Partner Fund Management Lp sold 244,724 shares as Palo Alto Networks Inc (PANW)’s stock declined 24.72%. The Partner Fund Management Lp holds 257,912 shares with $32.25M value, down from 502,636 last quarter. Palo Alto Networks Inc now has $12.04 billion valuation. The stock decreased 0.34% or $0.45 on June 16, reaching $131.59. About shares traded. Palo Alto Networks Inc (NYSE:PANW) has declined 16.31% since June 19, 2016 and is downtrending. It has underperformed by 33.01% the S&P500.

Since May 25, 2017, it had 1 insider purchase, and 0 sales for $26,390 activity. KEACH JOHN K JR had bought 1,000 shares worth $26,390.

Among 2 analysts covering First Internet Bancorp (NASDAQ:INBK), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. First Internet Bancorp had 2 analyst reports since July 27, 2015 according to SRatingsIntel. As per Monday, July 27, the company rating was maintained by Maxim Group. The stock of First Internet Bancorp (NASDAQ:INBK) has “Outperform” rating given on Tuesday, January 10 by Keefe Bruyette & Woods.

Investors sentiment increased to 4.08 in Q4 2016. Its up 3.08, from 1 in 2016Q3. It improved, as 5 investors sold First Internet Bancorp shares while 8 reduced holdings. 26 funds opened positions while 27 raised stakes. 7.41 million shares or 214.98% more from 2.35 million shares in 2016Q3 were reported. Banc Funds Ltd Com accumulated 0.07% or 52,000 shares. The California-based Blackrock Fund Advsrs has invested 0% in First Internet Bancorp (NASDAQ:INBK). Geode Capital Management Lc stated it has 41,615 shares. Blackrock Advsr Limited Co reported 1,864 shares. Millennium reported 0% stake. Blackrock Inc invested in 0% or 168 shares. Bankshares Of America De, a North Carolina-based fund reported 3,114 shares. Jpmorgan Chase And Com has 19,523 shares for 0% of their portfolio. Stifel Finance stated it has 134,793 shares or 0.02% of all its holdings. Blackrock Institutional Trust Na holds 0% of its portfolio in First Internet Bancorp (NASDAQ:INBK) for 57,321 shares. 20,450 were accumulated by First Wilshire Securities Mngmt. Royal Natl Bank Of Canada reported 0% stake. Moreover, Manufacturers Life Company The has 0% invested in First Internet Bancorp (NASDAQ:INBK) for 4,548 shares. Franklin Resources invested 0% in First Internet Bancorp (NASDAQ:INBK). 927 were accumulated by Legal & General Grp Inc Public Limited Com.

First Internet Bancorp is a bank holding firm that conducts its business activities through its subsidiary, First Internet Bank of Indiana . The company has market cap of $181.02 million. The Firm offers a complement of services and products on a nationwide basis. It has a 12.48 P/E ratio. The Firm conducts its deposit activities primarily over the Internet.

Partner Fund Management Lp increased Voyager Therapeutics Inc stake by 26,178 shares to 1.38M valued at $17.63 million in 2016Q4. It also upped Spectranetics Corp (NASDAQ:SPNC) stake by 1.20 million shares and now owns 1.37M shares. Alphabet Inc was raised too.

Since December 21, 2016, it had 0 insider buys, and 3 insider sales for $2.18 million activity. ZUK NIR had sold 4,405 shares worth $555,616. MCLAUGHLIN MARK D also sold $555,616 worth of Palo Alto Networks Inc (NYSE:PANW) on Wednesday, December 21. 1,964 shares were sold by Anderson Mark, worth $245,500 on Friday, December 23. BONVANIE RENE had sold 4,405 shares worth $555,616. Tomlinson Steffan also sold $294,142 worth of Palo Alto Networks Inc (NYSE:PANW) shares.

Among 49 analysts covering Palo Alto Networks (NYSE:PANW), 31 have Buy rating, 1 Sell and 17 Hold. Therefore 63% are positive. Palo Alto Networks had 123 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with “Buy” on Thursday, June 1. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, May 27 report. The stock has “Buy” rating by Maxim Group on Wednesday, August 31. The firm earned “Outperform” rating on Wednesday, January 11 by Wells Fargo. The rating was maintained by FBN Securities on Monday, December 19 with “Outperform”. BTIG Research maintained Palo Alto Networks Inc (NYSE:PANW) rating on Friday, May 27. BTIG Research has “Buy” rating and $210 target. The firm has “Neutral” rating by DA Davidson given on Friday, October 16. Robert W. Baird maintained the shares of PANW in report on Thursday, June 1 with “Hold” rating. The firm earned “Buy” rating on Thursday, June 1 by Cowen & Co. The firm earned “Buy” rating on Thursday, June 1 by Piper Jaffray.

Investors sentiment decreased to 1.07 in 2016 Q4. Its down 0.17, from 1.24 in 2016Q3. It dived, as 57 investors sold PANW shares while 159 reduced holdings. 79 funds opened positions while 153 raised stakes. 74.32 million shares or 4.57% less from 77.88 million shares in 2016Q3 were reported. Sumitomo Mitsui Inc stated it has 0.05% of its portfolio in Palo Alto Networks Inc (NYSE:PANW). Td Asset holds 12,197 shares. Kbc Group Inc Nv reported 0.16% in Palo Alto Networks Inc (NYSE:PANW). Bp Plc invested in 11,000 shares. S&Co Inc owns 6,584 shares. Apg Asset Management Nv holds 59,269 shares. Canada Pension Plan Invest Board stated it has 0.27% of its portfolio in Palo Alto Networks Inc (NYSE:PANW). Granite Prns Ltd Liability holds 31,040 shares. Dimensional Fund Advsrs LP reported 83,110 shares stake. Amica Mutual Commerce stated it has 0.09% in Palo Alto Networks Inc (NYSE:PANW). Baystate Wealth Mngmt Llc holds 0% or 50 shares. The California-based Concert Wealth Mgmt has invested 0.06% in Palo Alto Networks Inc (NYSE:PANW). Champlain Inv Prns Lc holds 0.96% in Palo Alto Networks Inc (NYSE:PANW) or 552,195 shares. Point72 Asset Management LP invested in 0.02% or 25,804 shares. Bancshares Of Montreal Can accumulated 0.01% or 82,654 shares.

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By1 Vivian Park

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