F5, Inc. (NASDAQ:FFIV – Get Free Report) CEO Francois Locoh-Donou sold 1,300 shares of F5 stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $252.98, for a total value of $328,874.00. Following the sale, the chief executive officer owned 151,623 shares in the company, valued at $38,357,586.54. This represents a 0.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Francois Locoh-Donou also recently made the following trade(s):
- On Wednesday, October 1st, Francois Locoh-Donou sold 1,300 shares of F5 stock. The stock was sold at an average price of $320.61, for a total value of $416,793.00.
F5 Stock Performance
Shares of FFIV traded down $7.66 during mid-day trading on Tuesday, hitting $241.38. The stock had a trading volume of 1,576,668 shares, compared to its average volume of 589,972. The company has a market cap of $13.87 billion, a PE ratio of 20.44, a PEG ratio of 7.53 and a beta of 1.06. The company’s fifty day simple moving average is $313.90 and its two-hundred day simple moving average is $299.95. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.22. F5, Inc. has a fifty-two week low of $227.04 and a fifty-two week high of $346.00.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Whipplewood Advisors LLC raised its position in F5 by 275.0% during the second quarter. Whipplewood Advisors LLC now owns 90 shares of the network technology company’s stock valued at $26,000 after buying an additional 66 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of F5 by 134.1% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company’s stock worth $27,000 after acquiring an additional 59 shares in the last quarter. Groupe la Francaise bought a new stake in shares of F5 during the 1st quarter worth about $34,000. Flaharty Asset Management LLC acquired a new position in shares of F5 during the 1st quarter worth about $35,000. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of F5 during the 2nd quarter worth about $45,000. 90.66% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
FFIV has been the topic of several research analyst reports. JPMorgan Chase & Co. lowered their target price on shares of F5 from $320.00 to $295.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 28th. Bank of America dropped their price objective on F5 from $260.00 to $250.00 and set an “underperform” rating on the stock in a research note on Tuesday, October 28th. Weiss Ratings restated a “buy (b)” rating on shares of F5 in a report on Wednesday, October 8th. Barclays cut their price objective on F5 from $321.00 to $267.00 and set an “equal weight” rating for the company in a report on Tuesday, October 28th. Finally, Zacks Research lowered F5 from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $295.56.
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.
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