F5, Inc. (NASDAQ:FFIV – Get Free Report) insider John Anthony Maddison sold 1,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $322.33, for a total transaction of $322,330.00. Following the transaction, the insider owned 2,149 shares in the company, valued at $692,687.17. The trade was a 31.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Anthony Maddison also recently made the following trade(s):
- On Tuesday, February 10th, John Anthony Maddison sold 1,000 shares of F5 stock. The stock was sold at an average price of $280.66, for a total transaction of $280,660.00.
F5 Stock Up 3.0%
Shares of F5 stock traded up $9.97 on Tuesday, hitting $339.90. The stock had a trading volume of 599,054 shares, compared to its average volume of 845,410. F5, Inc. has a one year low of $223.76 and a one year high of $346.00. The stock has a market cap of $19.21 billion, a price-to-earnings ratio of 27.88, a PEG ratio of 7.53 and a beta of 1.00. The stock’s 50-day simple moving average is $293.21 and its two-hundred day simple moving average is $273.31.
Analysts Set New Price Targets
Several research analysts have recently issued reports on FFIV shares. JPMorgan Chase & Co. raised their target price on shares of F5 from $355.00 to $365.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded shares of F5 from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 30th. Piper Sandler reiterated an “overweight” rating on shares of F5 in a report on Wednesday, April 29th. Needham & Company LLC reiterated a “hold” rating on shares of F5 in a report on Wednesday, April 29th. Finally, Royal Bank Of Canada lifted their price target on shares of F5 from $345.00 to $375.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $316.44.
Check Out Our Latest Report on F5
Hedge Funds Weigh In On F5
Several institutional investors and hedge funds have recently added to or reduced their stakes in FFIV. Hazlett Burt & Watson Inc. purchased a new position in F5 during the fourth quarter valued at $26,000. Hantz Financial Services Inc. lifted its position in F5 by 109.8% during the fourth quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock valued at $27,000 after buying an additional 56 shares during the period. Elyxium Wealth LLC purchased a new position in shares of F5 in the 4th quarter worth about $28,000. SJS Investment Consulting Inc. raised its position in shares of F5 by 963.6% in the 1st quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company’s stock worth $34,000 after purchasing an additional 106 shares during the last quarter. Finally, Capital Advisors Ltd. LLC raised its position in shares of F5 by 113.8% in the 1st quarter. Capital Advisors Ltd. LLC now owns 124 shares of the network technology company’s stock worth $36,000 after purchasing an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 90.66% of the company’s stock.
F5 Company Profile
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.
Further Reading
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