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 F5 stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $218.26, for a total value of $316,477.00. Following the sale, the chief executive officer now directly owns 121,122 shares in the company, valued at $26,436,087.72. The trade was a 0.00 % decrease in their position. The sale was disclosed in a 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 Monday, August 5th, Francois Locoh-Donou sold 1,450 shares of F5 stock. The shares were sold at an average price of $188.35, for a total value of $273,107.50.

F5 Stock Performance

NASDAQ FFIV opened at $219.91 on Friday. F5, Inc. has a 1 year low of $145.45 and a 1 year high of $223.74. The business’s fifty day moving average is $203.36 and its two-hundred day moving average is $185.53. The stock has a market capitalization of $12.89 billion, a P/E ratio of 26.34, a P/E/G ratio of 2.77 and a beta of 1.06.

F5 (NASDAQ:FFIV) last announced its earnings results on Monday, July 29th. The network technology company reported $3.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.97 by $0.39. F5 had a return on equity of 21.03% and a net margin of 19.94%. The company had revenue of $695.50 million for the quarter, compared to analyst estimates of $686.06 million. During the same period in the previous year, the firm earned $2.46 earnings per share. F5’s revenue for the quarter was down 1.0% compared to the same quarter last year. On average, research analysts forecast that F5, Inc. will post 10.18 earnings per share for the current year.

Institutional Trading of F5

A number of hedge funds have recently bought and sold shares of FFIV. TD Asset Management Inc increased its position in shares of F5 by 7.4% in the fourth quarter. TD Asset Management Inc now owns 15,863 shares of the network technology company’s stock worth $2,839,000 after acquiring an additional 1,095 shares in the last quarter. California State Teachers Retirement System raised its stake in F5 by 0.4% during the 4th quarter. California State Teachers Retirement System now owns 96,861 shares of the network technology company’s stock valued at $17,336,000 after purchasing an additional 426 shares during the period. Campbell & CO Investment Adviser LLC lifted its holdings in shares of F5 by 41.2% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 2,736 shares of the network technology company’s stock valued at $490,000 after purchasing an additional 799 shares in the last quarter. Rafferty Asset Management LLC lifted its holdings in shares of F5 by 20.1% in the fourth quarter. Rafferty Asset Management LLC now owns 18,675 shares of the network technology company’s stock valued at $3,342,000 after purchasing an additional 3,129 shares in the last quarter. Finally, Royal London Asset Management Ltd. boosted its position in shares of F5 by 8.0% in the fourth quarter. Royal London Asset Management Ltd. now owns 25,854 shares of the network technology company’s stock worth $4,627,000 after buying an additional 1,911 shares during the period. 90.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FFIV. StockNews.com lowered shares of F5 from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, September 10th. Evercore ISI increased their price objective on shares of F5 from $180.00 to $210.00 and gave the company an “in-line” rating in a report on Tuesday, July 30th. The Goldman Sachs Group boosted their target price on F5 from $185.00 to $212.00 and gave the stock a “neutral” rating in a report on Tuesday, September 24th. Barclays increased their price target on F5 from $189.00 to $214.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 30th. Finally, Piper Sandler boosted their price objective on F5 from $167.00 to $186.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $204.56.

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.