Jackson Creek Investment Advisors LLC raised its position in shares of F5, Inc. (NASDAQ:FFIV – Free Report) by 16.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,373 shares of the network technology company’s stock after acquiring an additional 191 shares during the quarter. Jackson Creek Investment Advisors LLC’s holdings in F5 were worth $345,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Friedenthal Financial purchased a new position in shares of F5 during the fourth quarter valued at approximately $50,000. Smithfield Trust Co purchased a new position in shares of F5 during the fourth quarter valued at approximately $57,000. Venturi Wealth Management LLC lifted its holdings in shares of F5 by 79.8% during the third quarter. Venturi Wealth Management LLC now owns 320 shares of the network technology company’s stock valued at $70,000 after purchasing an additional 142 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in shares of F5 by 783.3% during the fourth quarter. Global Retirement Partners LLC now owns 318 shares of the network technology company’s stock valued at $80,000 after purchasing an additional 282 shares during the last quarter. Finally, Point72 Hong Kong Ltd purchased a new position in shares of F5 during the third quarter valued at approximately $84,000. 90.66% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other F5 news, Director Marianne Budnik sold 728 shares of F5 stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $304.45, for a total value of $221,639.60. Following the completion of the sale, the director now owns 1,770 shares of the company’s stock, valued at approximately $538,876.50. The trade was a 29.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Scot Frazier Rogers sold 3,486 shares of F5 stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $293.18, for a total transaction of $1,022,025.48. Following the completion of the sale, the executive vice president now directly owns 20,075 shares of the company’s stock, valued at approximately $5,885,588.50. This trade represents a 14.80 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,060 shares of company stock valued at $4,477,083. Company insiders own 0.52% of the company’s stock.
F5 Trading Down 0.0 %
Analyst Upgrades and Downgrades
FFIV has been the subject of several recent research reports. Needham & Company LLC lifted their target price on shares of F5 from $285.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Royal Bank of Canada lifted their target price on shares of F5 from $260.00 to $310.00 and gave the company a “sector perform” rating in a report on Wednesday, January 29th. Evercore ISI lifted their target price on shares of F5 from $240.00 to $270.00 and gave the company an “in-line” rating in a report on Friday, January 17th. Bank of America boosted their price objective on shares of F5 from $180.00 to $260.00 and gave the stock an “underperform” rating in a report on Friday, January 31st. Finally, The Goldman Sachs Group boosted their price objective on shares of F5 from $257.00 to $295.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, F5 currently has an average rating of “Hold” and a consensus target price of $295.00.
View Our Latest Analysis on F5
F5 Company Profile
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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