F5, Inc. (NASDAQ:FFIV – Get Free Report) EVP Thomas Dean Fountain sold 1,110 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $263.79, for a total transaction of $292,806.90. Following the sale, the executive vice president owned 13,623 shares of the company’s stock, valued at $3,593,611.17. This trade represents a 7.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Thomas Dean Fountain also recently made the following trade(s):
- On Monday, December 29th, Thomas Dean Fountain sold 1,100 shares of F5 stock. The shares were sold at an average price of $262.86, for a total transaction of $289,146.00.
- On Monday, December 22nd, Thomas Dean Fountain sold 1,110 shares of F5 stock. The stock was sold at an average price of $257.90, for a total transaction of $286,269.00.
- On Monday, December 15th, Thomas Dean Fountain sold 1,110 shares of F5 stock. The stock was sold at an average price of $264.76, for a total transaction of $293,883.60.
- On Monday, December 8th, Thomas Dean Fountain sold 1,110 shares of F5 stock. The shares were sold at an average price of $248.66, for a total value of $276,012.60.
- On Monday, December 1st, Thomas Dean Fountain sold 1,110 shares of F5 stock. The stock was sold at an average price of $236.99, for a total value of $263,058.90.
- On Monday, November 24th, Thomas Dean Fountain sold 1,110 shares of F5 stock. The shares were sold at an average price of $234.91, for a total value of $260,750.10.
- On Tuesday, November 18th, Thomas Dean Fountain sold 1,110 shares of F5 stock. The shares were sold at an average price of $227.44, for a total value of $252,458.40.
- On Monday, November 3rd, Thomas Dean Fountain sold 8,318 shares of F5 stock. The stock was sold at an average price of $249.78, for a total value of $2,077,670.04.
F5 Stock Performance
Shares of FFIV opened at $269.31 on Friday. F5, Inc. has a fifty-two week low of $223.76 and a fifty-two week high of $346.00. The business has a 50-day moving average of $249.85 and a 200 day moving average of $289.55. The firm has a market cap of $15.64 billion, a P/E ratio of 22.80, a price-to-earnings-growth ratio of 8.58 and a beta of 0.98.
Institutional Investors Weigh In On F5
Hedge funds have recently made changes to their positions in the business. Whipplewood Advisors LLC grew its holdings in shares of F5 by 275.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 90 shares of the network technology company’s stock valued at $26,000 after purchasing an additional 66 shares during the last quarter. Flaharty Asset Management LLC bought a new position in shares of F5 during the first quarter valued at about $35,000. Abich Financial Wealth Management LLC purchased a new position in shares of F5 in the third quarter worth about $37,000. Geneos Wealth Management Inc. lifted its stake in shares of F5 by 288.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock valued at $43,000 after acquiring an additional 121 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in F5 during the 2nd quarter valued at about $45,000. 90.66% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several brokerages have recently weighed in on FFIV. Bank of America reduced their price target on F5 from $260.00 to $250.00 and set an “underperform” rating for the company in a research report on Tuesday, October 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of F5 in a research report on Monday, December 29th. Evercore ISI restated a “cautious” rating on shares of F5 in a research report on Tuesday, October 28th. Needham & Company LLC reaffirmed a “hold” rating on shares of F5 in a report on Tuesday, October 28th. Finally, Royal Bank Of Canada upgraded shares of F5 from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $315.00 to $325.00 in a research note on Monday. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $294.22.
Get Our Latest Analysis on FFIV
About F5
F5 Inc (NASDAQ:FFIV) specializes in application services and delivery networking, helping organizations ensure the availability, performance and security of their applications. The company’s core offerings include advanced load balancing, traffic management and application security solutions designed to optimize user experiences and protect against threats such as distributed denial-of-service (DDoS) attacks and web application exploits.
At the heart of F5’s product portfolio is the BIG-IP platform, which provides a suite of software modules for local and global traffic management, secure web application firewalling and DNS service delivery.
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