F5, Inc. (NASDAQ:FFIV – Get Free Report) CFO Edward Cooper Werner sold 599 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $405.92, for a total transaction of $243,146.08. Following the sale, the chief financial officer owned 406 shares in the company, valued at approximately $164,803.52. This represents a 59.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Edward Cooper Werner also recently made the following trade(s):
- On Tuesday, June 2nd, Edward Cooper Werner sold 2,500 shares of F5 stock. The shares were sold at an average price of $400.00, for a total transaction of $1,000,000.00.
- 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 transaction of $525,000.00.
F5 Stock Up 0.4%
FFIV stock opened at $413.07 on Friday. The company’s 50-day simple moving average is $403.18 and its 200-day simple moving average is $338.33. F5, Inc. has a 52-week low of $223.76 and a 52-week high of $435.00. The firm has a market cap of $23.31 billion, a P/E ratio of 32.89, a PEG ratio of 4.05 and a beta of 1.03.
Institutional Investors Weigh In On F5
Large investors have recently bought and sold shares of the company. Pinnacle Wealth Management Advisory Group LLC boosted its stake in F5 by 2.6% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,447 shares of the network technology company’s stock worth $419,000 after purchasing an additional 36 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of F5 by 3.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,190 shares of the network technology company’s stock worth $309,000 after purchasing an additional 39 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its holdings in shares of F5 by 4.4% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 968 shares of the network technology company’s stock worth $247,000 after purchasing an additional 41 shares during the last quarter. Coldstream Capital Management Inc. grew its position in shares of F5 by 4.5% in the third quarter. Coldstream Capital Management Inc. now owns 1,047 shares of the network technology company’s stock valued at $338,000 after purchasing an additional 45 shares in the last quarter. Finally, Optas LLC grew its position in shares of F5 by 4.7% in the first quarter. Optas LLC now owns 1,035 shares of the network technology company’s stock valued at $299,000 after purchasing an additional 46 shares in the last quarter. 90.66% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
FFIV has been the subject of a number of recent analyst reports. Royal Bank Of Canada restated an “outperform” rating on shares of F5 in a research report on Thursday, July 16th. Piper Sandler reiterated an “overweight” rating and set a $461.00 target price (up from $423.00) on shares of F5 in a research report on Tuesday, July 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of F5 in a research note on Friday, June 26th. JPMorgan Chase & Co. boosted their price target on shares of F5 from $500.00 to $515.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Finally, Zacks Research lowered shares of F5 from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $416.62.
View Our Latest Analysis 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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