B. Metzler seel. Sohn & Co. AG Buys 2,624 Shares of F5, Inc. (NASDAQ:FFIV)

B. Metzler seel. Sohn & Co. AG raised its holdings in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 213.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,853 shares of the network technology company's stock after buying an additional 2,624 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in F5 were worth $969,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Crowley Wealth Management Inc. bought a new position in shares of F5 during the 4th quarter valued at approximately $35,000. Friedenthal Financial bought a new position in shares of F5 in the fourth quarter worth approximately $50,000. EverSource Wealth Advisors LLC increased its stake in shares of F5 by 31.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 203 shares of the network technology company's stock worth $51,000 after purchasing an additional 49 shares in the last quarter. Smithfield Trust Co purchased a new stake in shares of F5 in the fourth quarter worth $57,000. Finally, Global Retirement Partners LLC raised its position in shares of F5 by 783.3% during the 4th quarter. Global Retirement Partners LLC now owns 318 shares of the network technology company's stock valued at $80,000 after purchasing an additional 282 shares during the period. 90.66% of the stock is currently owned by institutional investors.

Insider Buying and Selling at F5

In other F5 news, insider Lyra Amber Schramm sold 253 shares of the business's stock in a transaction on Saturday, February 1st. The shares were sold at an average price of $297.26, for a total transaction of $75,206.78. Following the transaction, the insider now owns 200 shares in the company, valued at $59,452. The trade was a 55.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Francois Locoh-Donou sold 1,300 shares of the firm's stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $265.37, for a total transaction of $344,981.00. Following the completion of the sale, the chief executive officer now owns 148,647 shares of the company's stock, valued at $39,446,454.39. This trade represents a 0.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,232 shares of company stock worth $5,310,131 over the last ninety days. Company insiders own 0.52% of the company's stock.

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F5 Price Performance

Shares of F5 stock traded down $11.73 during trading hours on Friday, reaching $239.25. The company's stock had a trading volume of 725,506 shares, compared to its average volume of 570,643. F5, Inc. has a one year low of $159.01 and a one year high of $313.00. The firm has a 50 day moving average price of $283.88 and a 200-day moving average price of $256.47. The stock has a market cap of $13.79 billion, a P/E ratio of 23.78, a P/E/G ratio of 3.85 and a beta of 1.14.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on FFIV. Morgan Stanley increased their price target on F5 from $262.00 to $310.00 and gave the stock an "equal weight" rating in a research note on Wednesday, January 29th. Barclays lifted their target price on F5 from $246.00 to $296.00 and gave the company an "equal weight" rating in a research note on Wednesday, January 29th. Piper Sandler upped their price target on F5 from $246.00 to $304.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. Royal Bank of Canada lifted their price objective on shares of F5 from $260.00 to $310.00 and gave the company a "sector perform" rating in a research report on Wednesday, January 29th. Finally, Needham & Company LLC upped their target price on shares of F5 from $285.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, F5 presently has an average rating of "Hold" and a consensus price target of $295.00.

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.