F5, Inc. (NASDAQ:FFIV – Get Free Report) EVP Thomas Dean Fountain sold 1,110 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $234.91, for a total transaction of $260,750.10. Following the completion of the transaction, the executive vice president owned 20,273 shares of the company’s stock, valued at $4,762,330.43. This represents a 5.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Thomas Dean Fountain also recently made the following trade(s):
- On Tuesday, November 18th, Thomas Dean Fountain sold 1,110 shares of F5 stock. The shares were sold at an average price of $227.44, for a total transaction of $252,458.40.
- On Monday, November 3rd, Thomas Dean Fountain sold 8,318 shares of F5 stock. The stock was sold at an average price of $249.78, for a total transaction of $2,077,670.04.
F5 Stock Up 1.6%
NASDAQ:FFIV traded up $3.87 during midday trading on Tuesday, reaching $240.01. 1,120,564 shares of the stock traded hands, compared to its average volume of 635,012. The stock has a market capitalization of $13.79 billion, a PE ratio of 20.32, a price-to-earnings-growth ratio of 7.53 and a beta of 1.08. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $346.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.56 and a current ratio of 1.56. The business has a 50-day moving average of $289.36 and a two-hundred day moving average of $297.03.
Institutional Trading of F5
A number of hedge funds and other institutional investors have recently made changes to their positions in FFIV. Allianz Asset Management GmbH boosted its holdings in F5 by 58.4% in the first quarter. Allianz Asset Management GmbH now owns 24,011 shares of the network technology company’s stock valued at $6,393,000 after purchasing an additional 8,855 shares during the last quarter. Avantax Advisory Services Inc. acquired a new position in shares of F5 in the 1st quarter valued at about $216,000. Cetera Investment Advisers boosted its stake in shares of F5 by 19.3% in the first quarter. Cetera Investment Advisers now owns 4,180 shares of the network technology company’s stock worth $1,113,000 after buying an additional 677 shares during the last quarter. HB Wealth Management LLC acquired a new stake in F5 during the first quarter worth about $775,000. Finally, TD Asset Management Inc raised its position in F5 by 33.5% during the first quarter. TD Asset Management Inc now owns 22,261 shares of the network technology company’s stock valued at $5,927,000 after acquiring an additional 5,592 shares in the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.
Analyst Ratings Changes
FFIV has been the subject of a number of research analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of F5 in a research note on Tuesday, October 28th. Royal Bank Of Canada decreased their price objective on shares of F5 from $350.00 to $315.00 and set a “sector perform” rating for the company in a research report on Tuesday, October 28th. Weiss Ratings reiterated a “buy (b)” rating on shares of F5 in a research note on Wednesday, October 8th. Evercore ISI restated a “cautious” rating on shares of F5 in a research note on Tuesday, October 28th. Finally, Bank of America decreased their price target on shares of F5 from $260.00 to $250.00 and set an “underperform” rating for the company in a report on Tuesday, October 28th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $295.56.
Read Our Latest Analysis on FFIV
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.
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