F5, Inc. (NASDAQ:FFIV - Get Free Report) CEO Francois Locoh-Donou sold 1,450 shares of F5 stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $188.85, for a total value of $273,832.50. Following the completion of the transaction, the chief executive officer now owns 121,801 shares in the company, valued at approximately $23,002,118.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Francois Locoh-Donou also recently made the following trade(s):
- On Friday, March 1st, Francois Locoh-Donou sold 6,400 shares of F5 stock. The shares were sold at an average price of $188.02, for a total value of $1,203,328.00.
F5 Price Performance
Shares of FFIV stock opened at $192.42 on Friday. The business's 50 day simple moving average is $187.63 and its 200 day simple moving average is $173.54. F5, Inc. has a one year low of $127.05 and a one year high of $199.49. The stock has a market capitalization of $11.32 billion, a PE ratio of 25.02, a PEG ratio of 2.78 and a beta of 1.11.
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F5 (NASDAQ:FFIV - Get Free Report) last announced its earnings results on Monday, January 29th. The network technology company reported $3.43 EPS for the quarter, beating the consensus estimate of $3.04 by $0.39. F5 had a return on equity of 20.81% and a net margin of 16.43%. The business had revenue of $693.00 million for the quarter, compared to analysts' expectations of $684.77 million. During the same period in the prior year, the business posted $1.65 earnings per share. The firm's revenue was down 1.0% on a year-over-year basis. As a group, research analysts expect that F5, Inc. will post 9.58 earnings per share for the current year.
Institutional Trading of F5
Institutional investors have recently added to or reduced their stakes in the stock. Commerce Bank lifted its stake in F5 by 3.1% in the fourth quarter. Commerce Bank now owns 1,912 shares of the network technology company's stock valued at $342,000 after buying an additional 57 shares during the period. Optimum Investment Advisors lifted its stake in F5 by 5.5% in the fourth quarter. Optimum Investment Advisors now owns 1,150 shares of the network technology company's stock valued at $206,000 after buying an additional 60 shares during the period. BOKF NA lifted its stake in F5 by 1.1% in the fourth quarter. BOKF NA now owns 5,706 shares of the network technology company's stock valued at $1,021,000 after buying an additional 61 shares during the period. Horizon Investments LLC lifted its stake in F5 by 6.0% in the second quarter. Horizon Investments LLC now owns 1,210 shares of the network technology company's stock valued at $177,000 after buying an additional 68 shares during the period. Finally, Kestra Advisory Services LLC lifted its stake in F5 by 2.3% in the second quarter. Kestra Advisory Services LLC now owns 2,990 shares of the network technology company's stock valued at $437,000 after buying an additional 68 shares during the period. 90.66% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms have issued reports on FFIV. Piper Sandler lifted their target price on F5 from $170.00 to $187.00 and gave the company a "neutral" rating in a research report on Tuesday, January 30th. KeyCorp lifted their target price on F5 from $186.00 to $204.00 and gave the company an "overweight" rating in a research report on Thursday, January 18th. Barclays boosted their price target on F5 from $163.00 to $206.00 and gave the stock an "equal weight" rating in a report on Tuesday, January 30th. Royal Bank of Canada restated a "sector perform" rating and set a $204.00 price target on shares of F5 in a report on Friday, February 9th. Finally, The Goldman Sachs Group boosted their price target on F5 from $156.00 to $179.00 and gave the stock a "neutral" rating in a report on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, six have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $185.00.
Read Our Latest Stock Report on F5
About F5
(
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F5, Inc provides multi-cloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region. The company's distributed cloud services enable its customers to deploy, secure, and operate applications in any architecture, from on-premises to the public cloud.
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