First Bank & Trust raised its stake in F5 Networks, Inc. (NASDAQ:FFIV) by 0.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,631 shares of the network technology company’s stock after buying an additional 1 shares during the period. First Bank & Trust’s holdings in F5 Networks were worth $207,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nisa Investment Advisors LLC raised its position in F5 Networks by 2.5% in the first quarter. Nisa Investment Advisors LLC now owns 49,100 shares of the network technology company’s stock valued at $7,000,000 after buying an additional 1,182 shares during the period. Cim LLC raised its position in F5 Networks by 3.8% in the first quarter. Cim LLC now owns 6,711 shares of the network technology company’s stock valued at $957,000 after buying an additional 243 shares during the period. Capital City Trust Co. FL raised its position in F5 Networks by 3.9% in the first quarter. Capital City Trust Co. FL now owns 8,183 shares of the network technology company’s stock valued at $1,167,000 after buying an additional 308 shares during the period. Atria Investments LLC raised its position in F5 Networks by 2.9% in the first quarter. Atria Investments LLC now owns 5,840 shares of the network technology company’s stock valued at $833,000 after buying an additional 166 shares during the period. Finally, Winslow Evans & Crocker Inc. raised its position in F5 Networks by 0.6% in the first quarter. Winslow Evans & Crocker Inc. now owns 2,418 shares of the network technology company’s stock valued at $345,000 after buying an additional 14 shares during the period. 96.92% of the stock is owned by hedge funds and other institutional investors.

F5 Networks (NASDAQ:FFIV) last announced its earnings results on Wednesday, July 26th. The network technology company reported $2.03 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $2.03. F5 Networks had a net margin of 18.96% and a return on equity of 33.85%. The business had revenue of $517.80 million during the quarter, compared to the consensus estimate of $525.57 million. During the same quarter last year, the firm earned $1.81 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis.

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Several research analysts have recently weighed in on the company. Robert W. Baird reissued a “hold” rating on shares of F5 Networks in a research report on Thursday, April 27th. Royal Bank Of Canada lowered their price objective on F5 Networks from $137.00 to $132.00 and set a “sector perform” rating for the company in a research report on Thursday, April 27th. Credit Suisse Group set a $138.00 price objective on F5 Networks and gave the stock a “hold” rating in a research report on Thursday, April 20th. Drexel Hamilton reissued a “buy” rating and issued a $165.00 price objective on shares of F5 Networks in a research report on Monday, April 24th. Finally, Cowen and Company reissued an “outperform” rating and issued a $145.00 price objective on shares of F5 Networks in a research report on Monday, June 5th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $132.00.

In other F5 Networks news, CEO Francois Locoh-Donou sold 2,029 shares of the firm’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $119.61, for a total transaction of $242,688.69. Following the completion of the transaction, the chief executive officer now owns 2,636 shares of the company’s stock, valued at $315,291.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Mcadam sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $130.17, for a total transaction of $1,301,700.00. Following the transaction, the director now directly owns 66,953 shares of the company’s stock, valued at approximately $8,715,272.01. The disclosure for this sale can be found here. Insiders have sold 29,050 shares of company stock valued at $3,594,838 in the last ninety days. Insiders own 0.26% of the company’s stock.

About F5 Networks

F5 Networks, Inc is a developer and provider of software defined application services. The Company is engaged in the development, marketing and sale of application delivery networking products that optimize the security, performance and availability of network applications, servers and storage systems.

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

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