F5, Inc. (NASDAQ:FFIV – Get Free Report) insider John Maddison sold 204 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $406.24, for a total value of $82,872.96. Following the completion of the transaction, the insider owned 1,149 shares of the company’s stock, valued at approximately $466,769.76. The trade was a 15.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Anthony Maddison also recently made the following trade(s):
- On Monday, August 3rd, John Maddison sold 1,000 shares of F5 stock. The shares were sold at an average price of $405.85, for a total value of $405,850.00.
F5 Stock Up 2.6%
Shares of FFIV stock opened at $434.62 on Friday. The business’s fifty day moving average is $403.79 and its 200 day moving average is $365.31. The stock has a market cap of $24.61 billion, a price-to-earnings ratio of 34.60, a PEG ratio of 4.14 and a beta of 1.03. F5, Inc. has a twelve month low of $223.76 and a twelve month high of $439.48.
Wall Street Analysts Forecast Growth
FFIV has been the topic of a number of recent research reports. Barclays upped their price objective on shares of F5 from $386.00 to $397.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. Royal Bank Of Canada reiterated an “outperform” rating on shares of F5 in a report on Thursday, July 16th. Zacks Research cut F5 from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. JPMorgan Chase & Co. upped their price target on F5 from $500.00 to $515.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of F5 in a research report on Tuesday, July 28th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, F5 currently has an average rating of “Hold” and an average price target of $416.62.
Read Our Latest Stock Report on F5
Institutional Trading of F5
Institutional investors and hedge funds have recently bought and sold shares of the company. Hazlett Burt & Watson Inc. purchased a new stake in F5 during the fourth quarter valued at approximately $26,000. Hantz Financial Services Inc. boosted its stake in shares of F5 by 109.8% during the 4th quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock worth $27,000 after acquiring an additional 56 shares during the last quarter. Elyxium Wealth LLC bought a new stake in shares of F5 during the 4th quarter valued at $28,000. SJS Investment Consulting Inc. grew its position in shares of F5 by 963.6% during the 1st quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company’s stock valued at $34,000 after acquiring an additional 106 shares during the period. Finally, Capital Advisors Ltd. LLC grew its position in shares of F5 by 113.8% during the 1st quarter. Capital Advisors Ltd. LLC now owns 124 shares of the network technology company’s stock valued at $36,000 after acquiring an additional 66 shares during the period. 90.66% of the stock is currently owned by institutional investors.
About F5
F5, Inc is a technology company that provides application delivery, security and traffic-management solutions for enterprises, service providers and government organizations. Its offerings are designed to help customers ensure the availability, performance and security of applications across on-premises data centers, public clouds and edge environments.
The company’s portfolio includes BIG-IP software and appliances, NGINX application delivery and web server technologies, and F5 Distributed Cloud Services.
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