F5, Inc. (NASDAQ:FFIV - Get Free Report) CEO Francois Locoh-Donou sold 1,300 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $265.37, for a total value of $344,981.00. Following the completion of the transaction, the chief executive officer now directly owns 148,647 shares in the company, valued at approximately $39,446,454.39. This trade represents a 0.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Francois Locoh-Donou also recently made the following trade(s):
- On Wednesday, February 12th, Francois Locoh-Donou sold 6,500 shares of F5 stock. The stock was sold at an average price of $303.06, for a total transaction of $1,969,890.00.
F5 Price Performance
Shares of FFIV traded down $11.73 during trading hours on Friday, hitting $239.25. The company's stock had a trading volume of 725,506 shares, compared to its average volume of 569,659. The company has a market cap of $13.79 billion, a price-to-earnings ratio of 23.78, a PEG ratio of 3.85 and a beta of 1.14. The business has a 50 day simple moving average of $283.88 and a two-hundred day simple moving average of $256.18. F5, Inc. has a 52-week low of $159.01 and a 52-week high of $313.00.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Coldstream Capital Management Inc. boosted its holdings in shares of F5 by 3.7% in the fourth quarter. Coldstream Capital Management Inc. now owns 954 shares of the network technology company's stock worth $240,000 after acquiring an additional 34 shares during the period. Colonial Trust Co SC boosted its stake in F5 by 5.2% in the 4th quarter. Colonial Trust Co SC now owns 685 shares of the network technology company's stock worth $172,000 after purchasing an additional 34 shares during the period. Jones Financial Companies Lllp boosted its stake in F5 by 4.3% in the 4th quarter. Jones Financial Companies Lllp now owns 852 shares of the network technology company's stock worth $214,000 after purchasing an additional 35 shares during the period. AMG National Trust Bank grew its holdings in F5 by 0.5% during the 4th quarter. AMG National Trust Bank now owns 7,869 shares of the network technology company's stock valued at $1,987,000 after buying an additional 37 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. increased its position in shares of F5 by 2.8% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,607 shares of the network technology company's stock valued at $404,000 after buying an additional 44 shares during the period. 90.66% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on FFIV. The Goldman Sachs Group raised their target price on F5 from $257.00 to $295.00 and gave the company a "neutral" rating in a research note on Wednesday, January 29th. Evercore ISI upped their target price on shares of F5 from $240.00 to $270.00 and gave the stock an "in-line" rating in a research note on Friday, January 17th. Bank of America increased their price target on F5 from $180.00 to $260.00 and gave the company an "underperform" rating in a research report on Friday, January 31st. Morgan Stanley boosted their price objective on F5 from $262.00 to $310.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 29th. Finally, Piper Sandler raised their target price on F5 from $246.00 to $304.00 and gave the company a "neutral" rating in a research report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, F5 presently has a consensus rating of "Hold" and a consensus price target of $295.00.
Check Out Our Latest Analysis on FFIV
About F5
(
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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.
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