F5, Inc. (NASDAQ:FFIV – Get Free Report) insider Lyra Amber Schramm sold 1,062 shares of the stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $246.97, for a total value of $262,282.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Lyra Amber Schramm also recently made the following trade(s):
- On Monday, September 8th, Lyra Amber Schramm sold 2,701 shares of F5 stock. The stock was sold at an average price of $316.57, for a total value of $855,055.57.
F5 Stock Performance
NASDAQ:FFIV opened at $245.74 on Friday. The stock has a market cap of $14.12 billion, a P/E ratio of 20.81, a PEG ratio of 7.53 and a beta of 1.08. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.22. The business’s 50-day moving average price is $308.24 and its two-hundred day moving average price is $299.06. F5, Inc. has a twelve month low of $227.04 and a twelve month high of $346.00.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the stock. Bank of America lowered their price objective on shares of F5 from $260.00 to $250.00 and set an “underperform” rating on the stock in a research report on Tuesday, October 28th. Needham & Company LLC reissued a “hold” rating on shares of F5 in a research note on Tuesday, October 28th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of F5 in a research note on Wednesday, October 8th. Zacks Research cut F5 from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Finally, Morgan Stanley decreased their price objective on F5 from $352.00 to $336.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 28th. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $295.56.
Get Our Latest Analysis on FFIV
Institutional Investors Weigh In On F5
Hedge funds and other institutional investors have recently modified their holdings of the stock. Hotchkis & Wiley Capital Management LLC grew its holdings in F5 by 6.2% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 5,387,700 shares of the network technology company’s stock worth $1,434,583,000 after acquiring an additional 312,415 shares during the last quarter. State Street Corp boosted its holdings in shares of F5 by 1.5% during the second quarter. State Street Corp now owns 3,172,614 shares of the network technology company’s stock worth $933,764,000 after purchasing an additional 48,057 shares during the period. Geode Capital Management LLC boosted its holdings in shares of F5 by 3.8% during the second quarter. Geode Capital Management LLC now owns 1,741,117 shares of the network technology company’s stock worth $511,016,000 after purchasing an additional 64,420 shares during the period. First Trust Advisors LP grew its stake in shares of F5 by 5.8% in the second quarter. First Trust Advisors LP now owns 1,615,555 shares of the network technology company’s stock worth $475,490,000 after purchasing an additional 87,923 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in F5 by 15.5% during the 1st quarter. Northern Trust Corp now owns 1,054,701 shares of the network technology company’s stock valued at $280,835,000 after purchasing an additional 141,680 shares during the period. Institutional investors own 90.66% of the company’s stock.
About F5
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.
Featured Articles
- Five stocks we like better than F5
- How to Invest in Insurance Companies: A Guide
- OpenAI’s Restructuring Sets up What Could Be the Biggest IPO Ever
- Stock Market Sectors: What Are They and How Many Are There?
- 2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
- About the Markup Calculator
- CrowdStrike Partners With CoreWeave But Investors Sell the News
Receive News & Ratings for F5 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F5 and related companies with MarketBeat.com's FREE daily email newsletter.
