F5, Inc. (NASDAQ:FFIV – Get Free Report) CEO Francois Locoh-Donou sold 1,300 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $252.98, for a total transaction of $328,874.00. Following the completion of the transaction, the chief executive officer owned 151,623 shares in the company, valued at approximately $38,357,586.54. The trade was a 0.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Francois Locoh-Donou also recently made the following trade(s):
- On Wednesday, October 1st, Francois Locoh-Donou sold 1,300 shares of F5 stock. The stock was sold at an average price of $320.61, for a total transaction of $416,793.00.
F5 Price Performance
Shares of FFIV stock traded down $7.66 on Tuesday, reaching $241.38. 1,576,668 shares of the company were exchanged, compared to its average volume of 589,972. The company has a market cap of $13.87 billion, a price-to-earnings ratio of 20.44, a P/E/G ratio of 7.53 and a beta of 1.06. The business has a 50-day moving average price of $313.90 and a 200 day moving average price of $299.95. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.56 and a current ratio of 1.56. F5, Inc. has a 1 year low of $227.04 and a 1 year high of $346.00.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on FFIV. Needham & Company LLC reissued a “hold” rating on shares of F5 in a research report on Tuesday, October 28th. Evercore ISI reiterated a “cautious” rating on shares of F5 in a research note on Tuesday, October 28th. Morgan Stanley cut their price target on F5 from $352.00 to $336.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 28th. Weiss Ratings reiterated a “buy (b)” rating on shares of F5 in a research report on Wednesday, October 8th. Finally, Zacks Research cut F5 from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, F5 has an average rating of “Hold” and an average target price of $295.56.
Check Out Our Latest Analysis on FFIV
Institutional Investors Weigh In On F5
Several hedge funds have recently modified their holdings of the stock. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of F5 by 6.2% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 5,387,700 shares of the network technology company’s stock valued at $1,434,583,000 after buying an additional 312,415 shares during the period. State Street Corp raised its holdings in shares of F5 by 1.5% during the 2nd quarter. State Street Corp now owns 3,172,614 shares of the network technology company’s stock valued at $933,764,000 after buying an additional 48,057 shares during the period. Geode Capital Management LLC raised its holdings in shares of F5 by 3.8% during the 2nd quarter. Geode Capital Management LLC now owns 1,741,117 shares of the network technology company’s stock valued at $511,016,000 after buying an additional 64,420 shares during the period. First Trust Advisors LP raised its holdings in shares of F5 by 5.8% during the 2nd quarter. First Trust Advisors LP now owns 1,615,555 shares of the network technology company’s stock valued at $475,490,000 after buying an additional 87,923 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of F5 by 15.5% during the 1st quarter. Northern Trust Corp now owns 1,054,701 shares of the network technology company’s stock valued at $280,835,000 after buying an additional 141,680 shares during the period. 90.66% of the stock is currently owned by hedge funds and other institutional investors.
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.
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