Kalmar Investments Inc. DE maintained its position in F5 Networks Inc. (NASDAQ:FFIV) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 189,770 shares of the network technology company’s stock at the end of the second quarter. Kalmar Investments Inc. DE owned 0.29% of F5 Networks worth $21,603,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FFIV. PGGM Investments boosted its position in shares of F5 Networks by 25.8% in the second quarter. PGGM Investments now owns 287,717 shares of the network technology company’s stock worth $32,754,000 after buying an additional 59,093 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of F5 Networks by 2.7% in the first quarter. Geode Capital Management LLC now owns 665,984 shares of the network technology company’s stock worth $70,372,000 after buying an additional 17,617 shares in the last quarter. Trillium Asset Management LLC boosted its position in shares of F5 Networks by 9.6% in the second quarter. Trillium Asset Management LLC now owns 161,865 shares of the network technology company’s stock worth $18,427,000 after buying an additional 14,236 shares in the last quarter. Panagora Asset Management Inc. boosted its position in shares of F5 Networks by 75.4% in the first quarter. Panagora Asset Management Inc. now owns 668,952 shares of the network technology company’s stock worth $70,809,000 after buying an additional 287,664 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in shares of F5 Networks by 0.5% in the first quarter. Legal & General Group Plc now owns 294,137 shares of the network technology company’s stock worth $31,135,000 after buying an additional 1,514 shares in the last quarter. Institutional investors and hedge funds own 94.76% of the company’s stock.

Institutional Ownership by Quarter for F5 Networks (NASDAQ:FFIV)

Shares of F5 Networks Inc. (NASDAQ:FFIV) traded up 1.01% during mid-day trading on Wednesday, reaching $118.75. 1,162,924 shares of the company’s stock traded hands. F5 Networks Inc. has a 12 month low of $86.03 and a 12 month high of $127.13. The firm has a 50 day moving average price of $120.99 and a 200-day moving average price of $115.10. The stock has a market cap of $7.86 billion, a PE ratio of 23.21 and a beta of 1.96.

A number of brokerages have issued reports on FFIV. MKM Partners raised their target price on shares of F5 Networks from $118.00 to $133.00 and gave the stock a “neutral” rating in a report on Thursday, July 21st. BMO Capital Markets reissued a “market perform” rating and issued a $125.00 target price (up previously from $104.00) on shares of F5 Networks in a report on Friday, July 22nd. Oppenheimer Holdings Inc. reissued a “hold” rating on shares of F5 Networks in a report on Thursday, July 21st. Jefferies Group reissued a “hold” rating on shares of F5 Networks in a report on Tuesday, July 5th. Finally, DA Davidson raised their target price on shares of F5 Networks from $125.34 to $145.00 and gave the stock a “buy” rating in a report on Friday, August 12th. Two investment analysts have rated the stock with a sell rating, twenty-two have given a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $116.01.

In related news, insider John Mcadam sold 7,169 shares of the business’s stock in a transaction that occurred on Wednesday, August 10th. The stock was sold at an average price of $126.11, for a total value of $904,082.59. Following the transaction, the insider now directly owns 33,682 shares of the company’s stock, valued at approximately $4,247,637.02. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Edward Julian Eames sold 6,489 shares of the business’s stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $123.99, for a total value of $804,571.11. Following the completion of the transaction, the chief operating officer now directly owns 27,815 shares in the company, valued at $3,448,781.85. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.

About F5 Networks

F5 Networks, Inc is the developer and provider of application delivery services. The Company’s core technology is a full-proxy, programmable, software platform called TMOS (Traffic Management Operating System). It helps organizations seamlessly scale cloud, data center, and software-defined networking deployments to successfully deliver applications to anyone, anywhere, at any time.

5 Day Chart for NASDAQ:FFIV

Receive News & Stock Ratings for F5 Networks Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F5 Networks Inc. and related stocks with our FREE daily email newsletter.