Francois Locoh-Donou Sells 1,450 Shares of F5, Inc. (NASDAQ:FFIV) Stock

F5, Inc. (NASDAQ:FFIV) CEO Francois Locoh-Donou sold 1,450 shares of the firm’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $168.11, for a total transaction of $243,759.50. Following the completion of the sale, the chief executive officer now owns 124,362 shares in the company, valued at $20,906,495.82. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Wednesday, April 3rd, Francois Locoh-Donou sold 1,450 shares of F5 stock. The shares were sold at an average price of $188.85, for a total value of $273,832.50.
• On Friday, March 1st, Francois Locoh-Donou sold 6,400 shares of F5 stock. The stock was sold at an average price of $188.02, for a total value of $1,203,328.00.

F5 Stock Performance

FFIV stock opened at $171.76 on Thursday. The stock has a market capitalization of $10.10 billion, a PE ratio of 20.57, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. The company has a fifty day moving average of $185.25 and a 200-day moving average of $177.35. F5, Inc. has a one year low of $133.91 and a one year high of $199.49.

F5 (NASDAQ:FFIV) last announced its quarterly earnings data on Monday, April 29th. The network technology company reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.03. F5 had a return on equity of 21.41% and a net margin of 17.91%. The company had revenue of $681.00 million for the quarter, compared to analyst estimates of $685.47 million. During the same quarter in the previous year, the company earned $1.70 EPS. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. Equities analysts forecast that F5, Inc. will post 9.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on FFIV. JPMorgan Chase & Co. boosted their target price on F5 from $197.00 to $205.00 and gave the stock a “neutral” rating in a research note on Thursday, April 11th. Piper Sandler reaffirmed a “neutral” rating and issued a $167.00 target price (down from $187.00) on shares of F5 in a research report on Tuesday, April 30th. The Goldman Sachs Group boosted their price target on shares of F5 from $156.00 to $179.00 and gave the company a “neutral” rating in a research report on Tuesday, January 30th. Royal Bank of Canada decreased their price objective on F5 from $204.00 to $182.00 and set a “sector perform” rating for the company in a report on Tuesday, April 30th. Finally, Evercore ISI lowered their target price on shares of F5 from $200.00 to $180.00 and set an “in-line” rating on the stock in a research report on Tuesday, April 30th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, F5 presently has a consensus rating of “Hold” and a consensus price target of $185.10.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of F5 during the 4th quarter worth $25,000. Pacific Capital Wealth Advisors Inc. purchased a new stake in F5 during the fourth quarter worth about $34,000. Washington Trust Advisors Inc. acquired a new position in F5 during the fourth quarter worth about $36,000. Register Financial Advisors LLC purchased a new position in F5 in the first quarter valued at about $38,000. Finally, Addison Advisors LLC lifted its position in shares of F5 by 36.1% during the 3rd quarter. Addison Advisors LLC now owns 279 shares of the network technology company’s stock valued at $45,000 after acquiring an additional 74 shares during the period. Institutional investors and hedge funds own 90.66% of the company’s stock.

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.