F5, Inc. (NASDAQ:FFIV) CFO Sells $130,602.00 in Stock

F5, Inc. (NASDAQ:FFIV) CFO Francis J. Pelzer sold 600 shares of the stock in a transaction on Monday, October 21st. The shares were sold at an average price of $217.67, for a total value of $130,602.00. Following the sale, the chief financial officer now directly owns 29,825 shares in the company, valued at $6,492,007.75. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

F5 Trading Down 0.9 %

NASDAQ:FFIV opened at $213.57 on Friday. The company has a market capitalization of $12.52 billion, a P/E ratio of 25.58, a PEG ratio of 2.61 and a beta of 1.06. F5, Inc. has a 12 month low of $146.00 and a 12 month high of $224.47. The firm has a fifty day simple moving average of $210.86 and a 200-day simple moving average of $188.31.

F5 (NASDAQ:FFIV) last issued its quarterly earnings results on Monday, July 29th. The network technology company reported $3.36 EPS for the quarter, topping analysts’ consensus estimates of $2.97 by $0.39. The company had revenue of $695.50 million during the quarter, compared to analysts’ expectations of $686.06 million. F5 had a return on equity of 21.03% and a net margin of 19.94%. The firm’s revenue was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.46 EPS. Equities analysts forecast that F5, Inc. will post 10.18 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on FFIV shares. Piper Sandler raised their price objective on F5 from $167.00 to $186.00 and gave the company a “neutral” rating in a research report on Tuesday, July 30th. JPMorgan Chase & Co. lifted their price objective on shares of F5 from $210.00 to $215.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 30th. Royal Bank of Canada increased their target price on shares of F5 from $182.00 to $205.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 30th. The Goldman Sachs Group lifted their price target on shares of F5 from $185.00 to $212.00 and gave the stock a “neutral” rating in a report on Tuesday, September 24th. Finally, Barclays increased their price objective on F5 from $189.00 to $214.00 and gave the company an “equal weight” rating in a report on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $204.56.

Hedge Funds Weigh In On F5

Hedge funds and other institutional investors have recently bought and sold shares of the business. Simon Quick Advisors LLC grew its stake in F5 by 4.9% in the 2nd quarter. Simon Quick Advisors LLC now owns 1,353 shares of the network technology company’s stock valued at $233,000 after acquiring an additional 63 shares during the period. Tocqueville Asset Management L.P. grew its position in shares of F5 by 0.6% in the first quarter. Tocqueville Asset Management L.P. now owns 11,531 shares of the network technology company’s stock valued at $2,186,000 after purchasing an additional 64 shares during the period. Profund Advisors LLC increased its stake in shares of F5 by 6.3% during the second quarter. Profund Advisors LLC now owns 1,185 shares of the network technology company’s stock worth $204,000 after purchasing an additional 70 shares in the last quarter. Nisa Investment Advisors LLC raised its position in shares of F5 by 0.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 28,231 shares of the network technology company’s stock worth $4,862,000 after purchasing an additional 73 shares during the last quarter. Finally, Empirical Finance LLC raised its position in shares of F5 by 3.6% during the 1st quarter. Empirical Finance LLC now owns 2,155 shares of the network technology company’s stock worth $409,000 after purchasing an additional 74 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

F5 Company Profile

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.