F5, Inc. (NASDAQ:FFIV – Get Free Report) CFO Edward Cooper Werner sold 1,500 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $350.00, for a total transaction of $525,000.00. Following the transaction, the chief financial officer directly owned 2,906 shares of the company’s stock, valued at $1,017,100. The trade was a 34.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Edward Cooper Werner also recently made the following trade(s):
- On Monday, May 4th, Edward Cooper Werner sold 599 shares of F5 stock. The stock was sold at an average price of $322.33, for a total transaction of $193,075.67.
- On Wednesday, March 4th, Edward Cooper Werner sold 969 shares of F5 stock. The shares were sold at an average price of $282.20, for a total value of $273,451.80.
F5 Stock Up 0.7%
Shares of NASDAQ:FFIV opened at $357.40 on Thursday. The firm has a market cap of $20.16 billion, a P/E ratio of 29.32, a P/E/G ratio of 8.21 and a beta of 1.00. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $362.00. The business has a fifty day simple moving average of $303.72 and a 200 day simple moving average of $275.62.
Analyst Ratings Changes
Several analysts recently commented on the company. Royal Bank Of Canada upped their target price on F5 from $345.00 to $375.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Piper Sandler restated an “overweight” rating on shares of F5 in a research report on Wednesday, April 29th. JPMorgan Chase & Co. upped their price objective on shares of F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. The Goldman Sachs Group increased their price objective on shares of F5 from $285.00 to $320.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Finally, Needham & Company LLC reissued a “hold” rating on shares of F5 in a research note on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, F5 has a consensus rating of “Hold” and a consensus price target of $316.44.
View Our Latest Report on FFIV
Institutional Investors Weigh In On F5
Several large investors have recently added to or reduced their stakes in the business. Hazlett Burt & Watson Inc. bought a new stake in F5 in the fourth quarter worth approximately $26,000. Hantz Financial Services Inc. boosted its holdings 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 buying an additional 56 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in shares of F5 during the 4th quarter worth approximately $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 worth $34,000 after buying an additional 106 shares during the period. Finally, Capital Advisors Ltd. LLC increased its stake 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 valued at $36,000 after acquiring an additional 66 shares in the last quarter. Institutional investors and hedge funds 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.
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