F5, Inc. (NASDAQ:FFIV – Get Free Report) CFO Edward Cooper Werner sold 2,500 shares of F5 stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $400.00, for a total value of $1,000,000.00. Following the completion of the transaction, the chief financial officer owned 406 shares of the company’s stock, valued at $162,400. The trade was a 86.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Edward Cooper Werner also recently made the following trade(s):
- On Friday, May 8th, Edward Cooper Werner sold 1,500 shares of F5 stock. The stock was sold at an average price of $350.00, for a total value of $525,000.00.
- On Monday, May 4th, Edward Cooper Werner sold 599 shares of F5 stock. The stock was sold at an average price of $322.33, for a total value of $193,075.67.
F5 Stock Performance
Shares of NASDAQ FFIV opened at $405.66 on Thursday. F5, Inc. has a fifty-two week low of $223.76 and a fifty-two week high of $411.52. The firm has a market capitalization of $22.89 billion, a PE ratio of 33.28, a price-to-earnings-growth ratio of 9.41 and a beta of 1.04. The stock’s 50-day simple moving average is $334.11 and its 200-day simple moving average is $289.65.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Pinnacle Wealth Management Advisory Group LLC lifted its position in F5 by 2.6% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,447 shares of the network technology company’s stock worth $419,000 after buying an additional 36 shares during the period. Smartleaf Asset Management LLC lifted its position in F5 by 3.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,190 shares of the network technology company’s stock worth $309,000 after buying an additional 39 shares during the period. Pacific Sage Partners LLC lifted its position in F5 by 0.6% during the fourth quarter. Pacific Sage Partners LLC now owns 7,122 shares of the network technology company’s stock worth $1,818,000 after buying an additional 40 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its position in F5 by 4.4% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 968 shares of the network technology company’s stock worth $247,000 after buying an additional 41 shares during the period. Finally, Coldstream Capital Management Inc. lifted its position in F5 by 4.5% during the third quarter. Coldstream Capital Management Inc. now owns 1,047 shares of the network technology company’s stock worth $338,000 after buying an additional 45 shares during the period. Institutional investors and hedge funds own 90.66% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. Weiss Ratings raised F5 from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 30th. Evercore raised F5 from an “in-line” rating to an “outperform” rating and set a $475.00 price target on the stock in a research report on Monday, May 18th. Morgan Stanley lifted their price target on F5 from $340.00 to $380.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 20th. Barclays lifted their price target on F5 from $292.00 to $386.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $425.00 price target on shares of F5 in a research report on Friday, May 29th. Six investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, F5 has an average rating of “Hold” and an average target price of $379.89.
Get Our Latest Stock Report on F5
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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