Seizert Capital Partners LLC trimmed its position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 27.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,624 shares of the network technology company's stock after selling 25,432 shares during the period. Seizert Capital Partners LLC owned 0.11% of F5 worth $16,502,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its stake in shares of F5 by 4.3% during the 4th quarter. Jones Financial Companies Lllp now owns 852 shares of the network technology company's stock valued at $214,000 after buying an additional 35 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its position in shares of F5 by 2.8% in 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 purchasing an additional 44 shares in the last quarter. Empirical Finance LLC raised its stake in shares of F5 by 2.3% during the 3rd quarter. Empirical Finance LLC now owns 2,049 shares of the network technology company's stock valued at $451,000 after purchasing an additional 46 shares during the period. Captrust Financial Advisors boosted its stake in F5 by 2.0% in the 3rd quarter. Captrust Financial Advisors now owns 2,598 shares of the network technology company's stock worth $572,000 after purchasing an additional 50 shares during the period. Finally, Greenleaf Trust increased its position in shares of F5 by 5.7% during the fourth quarter. Greenleaf Trust now owns 1,091 shares of the network technology company's stock valued at $274,000 after buying an additional 59 shares during the period. 90.66% of the stock is currently owned by institutional investors.
F5 Stock Down 0.0 %
FFIV stock traded down $0.13 during trading on Friday, hitting $275.63. 547,669 shares of the company's stock traded hands, compared to its average volume of 619,158. The firm has a market capitalization of $15.89 billion, a P/E ratio of 27.40, a PEG ratio of 3.85 and a beta of 1.10. The business has a fifty day simple moving average of $281.33 and a two-hundred day simple moving average of $246.74. F5, Inc. has a 1 year low of $159.01 and a 1 year high of $313.00.
Insider Transactions at F5
In other news, EVP Chad Michael Whalen sold 4,093 shares of F5 stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $290.33, for a total value of $1,188,320.69. Following the sale, the executive vice president now directly owns 27,264 shares of the company's stock, valued at $7,915,557.12. The trade was a 13.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Francois Locoh-Donou sold 6,500 shares of the business'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 transaction, the chief executive officer now directly owns 151,247 shares in the company, valued at $45,836,915.82. This trade represents a 4.12 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 15,060 shares of company stock valued at $4,477,083 in the last quarter. 0.52% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
A number of research firms have commented on FFIV. Piper Sandler boosted their price target on shares of F5 from $246.00 to $304.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. Barclays increased their target price on shares of F5 from $246.00 to $296.00 and gave the company an "equal weight" rating in a report on Wednesday, January 29th. The Goldman Sachs Group boosted their price target on shares of F5 from $257.00 to $295.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. 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 note on Friday, January 31st. Finally, Needham & Company LLC upped their price target on shares of F5 from $285.00 to $360.00 and gave the company a "buy" rating in a report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $295.00.
Check Out Our Latest Stock Report on F5
About F5
(
Free Report)
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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