F5, Inc. (NASDAQ:FFIV - Get Free Report) CEO Francois Locoh-Donou sold 1,450 shares of the business's stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $168.11, for a total transaction of $243,759.50. Following the sale, the chief executive officer now owns 124,362 shares of the company's stock, valued at approximately $20,906,495.82. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Francois Locoh-Donou also recently made the following trade(s):
- On Wednesday, April 3rd, Francois Locoh-Donou sold 1,450 shares of F5 stock. The stock was sold at an average price of $188.85, for a total value of $273,832.50.
- On Friday, March 1st, Francois Locoh-Donou sold 6,400 shares of F5 stock. The stock was sold at an average price of $188.02, for a total transaction of $1,203,328.00.
F5 Stock Performance
Shares of FFIV opened at $168.32 on Wednesday. The firm has a market cap of $9.90 billion, a P/E ratio of 20.16, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. F5, Inc. has a fifty-two week low of $133.00 and a fifty-two week high of $199.49. The business has a 50-day moving average of $185.53 and a 200 day moving average of $177.39.
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F5 (NASDAQ:FFIV - Get Free Report) last posted its earnings results on Monday, April 29th. The network technology company reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.03. The firm had revenue of $681.00 million during the quarter, compared to the consensus estimate of $685.47 million. F5 had a net margin of 17.91% and a return on equity of 21.41%. The company's revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the company earned $1.70 earnings per share. As a group, research analysts predict that F5, Inc. will post 9.62 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on FFIV shares. JPMorgan Chase & Co. raised their price target on shares of F5 from $197.00 to $205.00 and gave the company a "neutral" rating in a research report on Thursday, April 11th. Needham & Company LLC restated a "buy" rating and issued a $220.00 target price on shares of F5 in a research note on Tuesday, April 30th. The Goldman Sachs Group increased their price target on F5 from $156.00 to $179.00 and gave the company a "neutral" rating in a research report on Tuesday, January 30th. KeyCorp boosted their price objective on F5 from $186.00 to $204.00 and gave the stock an "overweight" rating in a research report on Thursday, January 18th. Finally, Piper Sandler restated a "neutral" rating and issued a $167.00 price objective (down previously from $187.00) on shares of F5 in a research note on Tuesday, April 30th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $185.10.
View Our Latest Analysis on F5
Institutional Trading of F5
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Commerce Bank grew its holdings in F5 by 3.1% during the 4th 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 in the last quarter. Optimum Investment Advisors grew its stake in F5 by 5.5% during the fourth quarter. Optimum Investment Advisors now owns 1,150 shares of the network technology company's stock valued at $206,000 after acquiring an additional 60 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in F5 by 15.9% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 518 shares of the network technology company's stock worth $83,000 after acquiring an additional 71 shares during the period. Addison Advisors LLC lifted its stake in F5 by 36.1% in the 3rd quarter. Addison Advisors LLC now owns 279 shares of the network technology company's stock worth $45,000 after purchasing an additional 74 shares in the last quarter. Finally, Empirical Finance LLC boosted its holdings in F5 by 3.6% in the 1st quarter. Empirical Finance LLC now owns 2,155 shares of the network technology company's stock valued at $409,000 after purchasing an additional 74 shares during the period. 90.66% of the stock is currently owned by institutional investors.
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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