Signaturefd LLC Buys 111 Shares of F5, Inc. (NASDAQ:FFIV)

Signaturefd LLC lifted its stake in F5, Inc. (NASDAQ:FFIV) by 6.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 1,824 shares of the network technology company’s stock after purchasing an additional 111 shares during the quarter. Signaturefd LLC’s holdings in F5 were worth $402,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in FFIV. Family Firm Inc. acquired a new position in F5 during the 2nd quarter valued at about $25,000. New Covenant Trust Company N.A. acquired a new position in F5 during the 1st quarter valued at about $27,000. Northwest Investment Counselors LLC acquired a new position in F5 during the 3rd quarter valued at about $28,000. Quest Partners LLC increased its position in F5 by 9,100.0% during the 2nd quarter. Quest Partners LLC now owns 184 shares of the network technology company’s stock valued at $32,000 after buying an additional 182 shares in the last quarter. Finally, Kathleen S. Wright Associates Inc. acquired a new position in F5 during the 3rd quarter valued at about $32,000. 90.66% of the stock is owned by institutional investors.

Insider Transactions at F5

In related news, EVP Scot Frazier Rogers sold 1,420 shares of the company’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $199.76, for a total value of $283,659.20. Following the completion of the transaction, the executive vice president now owns 18,073 shares of the company’s stock, valued at approximately $3,610,262.48. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CFO Francis J. Pelzer sold 600 shares of the company’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $217.67, for a total value of $130,602.00. Following the completion of the transaction, the chief financial officer now owns 29,825 shares of the company’s stock, valued at approximately $6,492,007.75. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Scot Frazier Rogers sold 1,420 shares of the company’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $199.76, for a total value of $283,659.20. Following the completion of the transaction, the executive vice president now directly owns 18,073 shares of the company’s stock, valued at $3,610,262.48. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 7,971 shares of company stock worth $1,618,357 over the last quarter. 0.58% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. upped their target price on F5 from $210.00 to $215.00 and gave the company a “neutral” rating in a research report on Tuesday, July 30th. Piper Sandler upped their target price on F5 from $167.00 to $186.00 and gave the company a “neutral” rating in a research report on Tuesday, July 30th. Barclays boosted their price target on F5 from $189.00 to $214.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 30th. The Goldman Sachs Group boosted their price target on F5 from $185.00 to $212.00 and gave the company a “neutral” rating in a research note on Tuesday, September 24th. Finally, Royal Bank of Canada boosted their price target on F5 from $182.00 to $205.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 30th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, F5 presently has a consensus rating of “Hold” and an average price target of $204.56.

F5 Stock Up 1.5 %

Shares of FFIV opened at $216.87 on Friday. F5, Inc. has a 52 week low of $146.02 and a 52 week high of $224.47. The company has a market capitalization of $12.71 billion, a price-to-earnings ratio of 25.97, a PEG ratio of 2.61 and a beta of 1.06. The stock’s 50-day moving average price is $211.29 and its 200-day moving average price is $188.48.

F5 (NASDAQ:FFIV) last issued its earnings results on Monday, July 29th. The network technology company reported $3.36 EPS for the quarter, topping analysts’ consensus estimates of $2.97 by $0.39. F5 had a return on equity of 21.03% and a net margin of 19.94%. The firm had revenue of $695.50 million for the quarter, compared to the consensus estimate of $686.06 million. During the same quarter in the prior year, the business earned $2.46 earnings per share. The company’s revenue was down 1.0% compared to the same quarter last year. As a group, equities analysts anticipate that F5, Inc. will post 10.18 EPS for the current fiscal year.

About F5

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.