Francois Locoh-Donou Sells 2,201 Shares of F5, Inc. (NASDAQ:FFIV) Stock

F5, Inc. (NASDAQ:FFIV – Get Rating) CEO Francois Locoh-Donou sold 2,201 shares of the business’s stock in a transaction that occurred on Friday, March 3rd. The shares were sold at an average price of $145.51, for a total value of $320,267.51. Following the completion of the sale, the chief executive officer now directly owns 110,823 shares in the company, valued at approximately $16,125,854.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Francois Locoh-Donou also recently made the following trade(s):

• On Friday, February 3rd, Francois Locoh-Donou sold 2,201 shares of F5 stock. The shares were sold at an average price of $154.08, for a total value of $339,130.08.
• On Tuesday, January 3rd, Francois Locoh-Donou sold 2,201 shares of F5 stock. The shares were sold at an average price of $144.21, for a total value of $317,406.21.
• On Friday, December 9th, Francois Locoh-Donou sold 8,505 shares of F5 stock. The shares were sold at an average price of $152.26, for a total value of $1,294,971.30.

F5 Price Performance

NASDAQ FFIV opened at $144.90 on Thursday. F5, Inc. has a 1 year low of $133.68 and a 1 year high of $217.41. The company has a market capitalization of $8.71 billion, a PE ratio of 29.10, a P/E/G ratio of 1.88 and a beta of 1.09. The company has a fifty day moving average of $145.56 and a two-hundred day moving average of $147.85.

F5 (NASDAQ:FFIV – Get Rating) last released its quarterly earnings data on Tuesday, January 24th. The network technology company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.33 by $0.14. F5 had a net margin of 11.11% and a return on equity of 16.16%. The company had revenue of $700.38 million during the quarter, compared to the consensus estimate of $700.59 million. During the same quarter in the prior year, the firm posted $2.89 earnings per share. F5’s revenue for the quarter was up 1.9% on a year-over-year basis. On average, research analysts expect that F5, Inc. will post 8.04 earnings per share for the current year.

Hedge Funds Weigh In On F5

Several large investors have recently bought and sold shares of the stock. Assetmark Inc. acquired a new stake in shares of F5 during the third quarter worth about $30,000. EverSource Wealth Advisors LLC boosted its stake in shares of F5 by 55.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 235 shares of the network technology company’s stock worth $34,000 after buying an additional 84 shares during the period. Ronald Blue Trust Inc. acquired a new stake in shares of F5 during the fourth quarter worth about $36,000. Belpointe Asset Management LLC acquired a new stake in shares of F5 during the fourth quarter worth about $37,000. Finally, Wipfli Financial Advisors LLC acquired a new stake in shares of F5 during the third quarter worth about $43,000. Institutional investors and hedge funds own 93.34% of the company’s stock.

Wall Street Analyst Weigh In

FFIV has been the topic of a number of research analyst reports. Cowen cut their target price on F5 from $187.00 to $177.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 25th. Guggenheim started coverage on F5 in a research report on Monday, January 23rd. They set a “neutral” rating on the stock. KeyCorp cut their price objective on F5 from $190.00 to $182.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 25th. Morgan Stanley cut their price objective on F5 from $190.00 to $175.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 25th. Finally, Barclays cut their price objective on F5 from $180.00 to $166.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 25th. Nine analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $171.21.

F5 Company Profile

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F5, Inc engages development and provision of software defined application services. It offers the development, marketing and sale of application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. The company was founded on February 26, 1996, and is headquartered in Seattle, WA.