Lindbrook Capital LLC Purchases 119 Shares of F5, Inc. (NASDAQ:FFIV)

Lindbrook Capital LLC increased its stake in shares of F5, Inc. (NASDAQ:FFIV) by 68.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 294 shares of the network technology company’s stock after purchasing an additional 119 shares during the quarter. Lindbrook Capital LLC’s holdings in F5 were worth $53,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of FFIV. Optimum Investment Advisors grew its position in F5 by 5.5% in the 4th quarter. Optimum Investment Advisors now owns 1,150 shares of the network technology company’s stock valued at $206,000 after acquiring an additional 60 shares during the last quarter. Cary Street Partners Investment Advisory LLC grew its position in F5 by 15.9% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 518 shares of the network technology company’s stock valued at $83,000 after acquiring an additional 71 shares during the last quarter. Addison Advisors LLC grew its position in F5 by 36.1% in the 3rd quarter. Addison Advisors LLC now owns 279 shares of the network technology company’s stock valued at $45,000 after acquiring an additional 74 shares during the last quarter. Czech National Bank lifted its holdings in shares of F5 by 0.8% in the 4th quarter. Czech National Bank now owns 10,457 shares of the network technology company’s stock worth $1,872,000 after buying an additional 84 shares during the period. Finally, Arizona State Retirement System lifted its holdings in shares of F5 by 0.5% in the 3rd quarter. Arizona State Retirement System now owns 16,496 shares of the network technology company’s stock worth $2,658,000 after buying an additional 89 shares during the period. Institutional investors own 90.66% of the company’s stock.

F5 Price Performance

Shares of NASDAQ:FFIV opened at $181.85 on Friday. The business’s 50-day moving average is $187.67 and its 200 day moving average is $176.08. F5, Inc. has a 1 year low of $129.93 and a 1 year high of $199.49. The firm has a market capitalization of $10.69 billion, a P/E ratio of 23.65, a P/E/G ratio of 2.65 and a beta of 1.11.

F5 (NASDAQ:FFIV) last announced its quarterly earnings data on Monday, January 29th. The network technology company reported $3.43 earnings per share for the quarter, beating analysts’ consensus estimates of $3.04 by $0.39. The business had revenue of $693.00 million for the quarter, compared to analyst estimates of $684.77 million. F5 had a return on equity of 20.81% and a net margin of 16.43%. The company’s revenue was down 1.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.65 earnings per share. On average, analysts expect that F5, Inc. will post 9.59 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on FFIV shares. Barclays upped their target price on F5 from $163.00 to $206.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 30th. KeyCorp upped their target price on F5 from $186.00 to $204.00 and gave the stock an “overweight” rating in a report on Thursday, January 18th. Needham & Company LLC reiterated a “buy” rating and issued a $220.00 target price on shares of F5 in a report on Tuesday, February 13th. JPMorgan Chase & Co. upped their target price on F5 from $197.00 to $205.00 and gave the stock a “neutral” rating in a report on Thursday, April 11th. Finally, The Goldman Sachs Group upped their price objective on F5 from $156.00 to $179.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 30th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, F5 currently has a consensus rating of “Hold” and an average target price of $192.22.

Insider Activity

In other news, CEO Francois Locoh-Donou sold 6,400 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $188.02, for a total value of $1,203,328.00. Following the transaction, the chief executive officer now directly owns 123,251 shares of the company’s stock, valued at $23,173,653.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Francois Locoh-Donou sold 6,400 shares of F5 stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $188.02, for a total transaction of $1,203,328.00. Following the completion of the transaction, the chief executive officer now directly owns 123,251 shares in the company, valued at $23,173,653.02. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Thomas Dean Fountain sold 851 shares of F5 stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $183.06, for a total value of $155,784.06. Following the transaction, the executive vice president now owns 15,008 shares of the company’s stock, valued at $2,747,364.48. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,201 shares of company stock valued at $1,908,065. Company insiders own 0.58% of the company’s stock.

F5 Company Profile

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.