Insider Selling: F5, Inc. (NASDAQ:FFIV) EVP Sells $24,916.90 in Stock

F5, Inc. (NASDAQ:FFIV – Get Rating) EVP Ana Maria White sold 170 shares of the company’s stock in a transaction dated Tuesday, January 17th. The shares were sold at an average price of $146.57, for a total transaction of $24,916.90. Following the transaction, the executive vice president now owns 35,910 shares in the company, valued at approximately $5,263,328.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Ana Maria White also recently made the following trade(s):

• On Wednesday, December 14th, Ana Maria White sold 170 shares of F5 stock. The stock was sold at an average price of $154.01, for a total value of $26,181.70.
• On Monday, November 14th, Ana Maria White sold 170 shares of F5 stock. The shares were sold at an average price of $149.95, for a total value of $25,491.50.

F5 Stock Performance

Shares of NASDAQ:FFIV opened at $144.65 on Friday. The company has a market capitalization of $8.73 billion, a P/E ratio of 27.34, a price-to-earnings-growth ratio of 1.89 and a beta of 1.09. The company’s 50-day moving average is $147.43 and its 200 day moving average is $151.53. F5, Inc. has a fifty-two week low of $133.68 and a fifty-two week high of $229.85.

F5 (NASDAQ:FFIV – Get Rating) last posted its quarterly earnings results on Tuesday, October 25th. The network technology company reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.12. F5 had a net margin of 11.95% and a return on equity of 17.67%. The company had revenue of $700.03 million for the quarter, compared to analysts’ expectations of $692.17 million. As a group, research analysts predict that F5, Inc. will post 8.06 earnings per share for the current year.

Hedge Funds Weigh In On F5

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Boston Trust Walden Corp boosted its position in F5 by 23.4% during the fourth quarter. Boston Trust Walden Corp now owns 237,174 shares of the network technology company’s stock valued at $34,037,000 after buying an additional 45,043 shares during the period. Romano Brothers AND Company purchased a new position in F5 in the 4th quarter worth approximately $104,000. Maryland State Retirement & Pension System purchased a new position in F5 in the 4th quarter worth approximately $669,000. Czech National Bank grew its holdings in shares of F5 by 1.2% in the fourth quarter. Czech National Bank now owns 7,007 shares of the network technology company’s stock worth $1,006,000 after purchasing an additional 85 shares during the last quarter. Finally, Ronald Blue Trust Inc. bought a new position in shares of F5 in the fourth quarter worth approximately $36,000. Institutional investors own 93.34% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on FFIV. JPMorgan Chase & Co. reduced their price target on shares of F5 from $190.00 to $170.00 and set a “neutral” rating for the company in a research report on Tuesday, December 20th. StockNews.com assumed coverage on shares of F5 in a report on Wednesday, October 12th. They issued a “buy” rating on the stock. Piper Sandler cut their price target on F5 from $164.00 to $159.00 in a research note on Tuesday, January 17th. Barclays decreased their price objective on F5 from $205.00 to $180.00 and set an “overweight” rating for the company in a report on Wednesday, October 26th. Finally, Credit Suisse Group lifted their target price on F5 from $169.00 to $173.00 and gave the company a “neutral” rating in a research report on Wednesday, October 26th. Eight research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $175.33.

About F5

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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 multi-cloud application security and delivery solutions enable its customers to develop, deploy, operate, secure, and govern applications in any architecture, from on-premises to the public cloud.