F5, Inc. (NASDAQ:FFIV - Get Free Report) CFO Francis J. Pelzer sold 500 shares of the firm's stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $178.81, for a total transaction of $89,405.00. Following the transaction, the chief financial officer now directly owns 31,290 shares in the company, valued at approximately $5,594,964.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
F5 Stock Performance
Shares of FFIV stock opened at $182.35 on Thursday. F5, Inc. has a 52-week low of $129.93 and a 52-week high of $199.49. The stock has a market cap of $10.72 billion, a PE ratio of 23.71, a PEG ratio of 2.64 and a beta of 1.11. The firm's 50 day moving average price is $187.70 and its two-hundred day moving average price is $176.04.
F5 (NASDAQ:FFIV - Get Free Report) last announced its quarterly earnings results on Monday, January 29th. The network technology company reported $3.43 earnings per share for the quarter, topping analysts' consensus estimates of $3.04 by $0.39. The company had revenue of $693.00 million for the quarter, compared to analysts' expectations of $684.77 million. F5 had a net margin of 16.43% and a return on equity of 20.81%. The business's quarterly revenue was down 1.0% compared to the same quarter last year. During the same period last year, the firm posted $1.65 earnings per share. As a group, sell-side analysts predict that F5, Inc. will post 9.59 earnings per share for the current fiscal year.
Institutional Investors Weigh In On F5
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A number of hedge funds and other institutional investors have recently made changes to their positions in FFIV. True Wealth Design LLC increased its stake in F5 by 268,450.0% in the 3rd quarter. True Wealth Design LLC now owns 5,371 shares of the network technology company's stock valued at $865,000 after buying an additional 5,369 shares during the last quarter. Ontario Teachers Pension Plan Board increased its stake in F5 by 133.9% in the 3rd quarter. Ontario Teachers Pension Plan Board now owns 10,530 shares of the network technology company's stock valued at $1,697,000 after buying an additional 6,028 shares during the last quarter. Dark Forest Capital Management LP acquired a new stake in F5 in the 3rd quarter valued at $438,000. New York Life Investment Management LLC increased its stake in F5 by 25.4% in the 3rd quarter. New York Life Investment Management LLC now owns 15,092 shares of the network technology company's stock valued at $2,432,000 after buying an additional 3,061 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in F5 by 9.1% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 164,967 shares of the network technology company's stock valued at $29,526,000 after buying an additional 13,711 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
FFIV has been the topic of several recent research reports. The Goldman Sachs Group raised their price objective on shares of F5 from $156.00 to $179.00 and gave the company a "neutral" rating in a research report on Tuesday, January 30th. Barclays increased their price target on F5 from $163.00 to $206.00 and gave the company an "equal weight" rating in a report on Tuesday, January 30th. Needham & Company LLC reiterated a "buy" rating and set a $220.00 price target on shares of F5 in a report on Tuesday, February 13th. Piper Sandler increased their price target on F5 from $170.00 to $187.00 and gave the company a "neutral" rating in a report on Tuesday, January 30th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $204.00 price target on shares of F5 in a report on Friday, February 9th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, F5 has an average rating of "Hold" and a consensus price target of $192.22.
Check Out Our Latest Research Report on F5
F5 Company Profile
(
Get Free Report)
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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