F5, Inc. (NASDAQ:FFIV) Holdings Lessened by Lyrical Asset Management LP

Lyrical Asset Management LP decreased its position in F5, Inc. (NASDAQ:FFIV - Free Report) by 0.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,082,083 shares of the network technology company's stock after selling 1,134 shares during the quarter. F5 makes up 4.1% of Lyrical Asset Management LP's investment portfolio, making the stock its 9th largest position. Lyrical Asset Management LP owned 1.87% of F5 worth $272,111,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Crowley Wealth Management Inc. purchased a new stake in F5 in the fourth quarter worth $35,000. Hurley Capital LLC purchased a new stake in shares of F5 in the 4th quarter worth about $43,000. Friedenthal Financial bought a new stake in shares of F5 during the 4th quarter valued at about $50,000. EverSource Wealth Advisors LLC boosted its stake in shares of F5 by 31.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 203 shares of the network technology company's stock valued at $51,000 after purchasing an additional 49 shares in the last quarter. Finally, Smithfield Trust Co purchased a new position in shares of F5 during the fourth quarter valued at about $57,000. 90.66% of the stock is owned by institutional investors.

Insider Activity at F5

In other F5 news, Director Marianne Budnik sold 728 shares of the business's stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $304.45, for a total transaction of $221,639.60. Following the completion of the sale, the director now directly owns 1,770 shares in the company, valued at approximately $538,876.50. The trade was a 29.14 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Francois Locoh-Donou sold 6,500 shares of the firm's stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $303.06, for a total value of $1,969,890.00. Following the completion of the transaction, the chief executive officer now owns 151,247 shares in the company, valued at approximately $45,836,915.82. This trade represents a 4.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 18,232 shares of company stock valued at $5,310,131 over the last ninety days. Insiders own 0.52% of the company's stock.

F5 Stock Up 2.2 %

Shares of F5 stock traded up $5.57 on Friday, reaching $260.57. The company's stock had a trading volume of 268,223 shares, compared to its average volume of 574,183. F5, Inc. has a 52 week low of $159.01 and a 52 week high of $313.00. The firm's fifty day simple moving average is $279.53 and its two-hundred day simple moving average is $257.58. The company has a market capitalization of $15.02 billion, a price-to-earnings ratio of 25.88, a P/E/G ratio of 3.85 and a beta of 1.14.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. The Goldman Sachs Group raised their price objective on shares of F5 from $257.00 to $295.00 and gave the stock a "neutral" rating in a report on Wednesday, January 29th. Piper Sandler dropped their price objective on shares of F5 from $304.00 to $262.00 and set a "neutral" rating on the stock in a research note on Tuesday. Morgan Stanley decreased their target price on shares of F5 from $310.00 to $269.00 and set an "equal weight" rating for the company in a research note on Tuesday. Needham & Company LLC boosted their price target on F5 from $285.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, January 29th. Finally, Bank of America raised their price objective on F5 from $180.00 to $260.00 and gave the company an "underperform" rating in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $285.78.

F5 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.