Captrust Financial Advisors lessened its holdings in F5 Networks, Inc. (NASDAQ:FFIV) by 40.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 880 shares of the network technology company’s stock after selling 610 shares during the period. Captrust Financial Advisors’ holdings in F5 Networks were worth $143,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. American Capital Management Inc. lifted its stake in shares of F5 Networks by 0.3% in the 4th quarter. American Capital Management Inc. now owns 21,760 shares of the network technology company’s stock valued at $3,526,000 after purchasing an additional 70 shares during the last quarter. Intercontinental Wealth Advisors LLC acquired a new position in shares of F5 Networks in the 4th quarter valued at $25,000. Securian Asset Management Inc lifted its stake in shares of F5 Networks by 2.5% in the 4th quarter. Securian Asset Management Inc now owns 6,323 shares of the network technology company’s stock valued at $1,025,000 after purchasing an additional 155 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of F5 Networks by 5.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,893 shares of the network technology company’s stock valued at $468,000 after purchasing an additional 156 shares during the last quarter. Finally, Lindbrook Capital LLC acquired a new position in shares of F5 Networks in the 4th quarter valued at $26,000. 97.15% of the stock is currently owned by institutional investors and hedge funds.

FFIV opened at $153.69 on Friday. F5 Networks, Inc. has a 12-month low of $138.67 and a 12-month high of $199.71. The stock has a market cap of $9.14 billion, a P/E ratio of 19.21, a PEG ratio of 1.92 and a beta of 0.94.

F5 Networks (NASDAQ:FFIV) last posted its earnings results on Wednesday, January 23rd. The network technology company reported $2.70 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.53 by $0.17. F5 Networks had a return on equity of 40.12% and a net margin of 22.74%. The firm had revenue of $543.80 million for the quarter, compared to analyst estimates of $547.39 million. During the same quarter in the prior year, the company earned $2.26 EPS. F5 Networks’s revenue was up 3.9% on a year-over-year basis. Analysts forecast that F5 Networks, Inc. will post 8.62 earnings per share for the current year.

In other F5 Networks news, SVP Ryan C. Kearny sold 1,136 shares of the company’s stock in a transaction dated Friday, February 1st. The stock was sold at an average price of $160.83, for a total transaction of $182,702.88. Following the sale, the senior vice president now owns 7,333 shares in the company, valued at approximately $1,179,366.39. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Thomas Dean Fountain sold 545 shares of the company’s stock in a transaction dated Tuesday, February 26th. The stock was sold at an average price of $171.60, for a total value of $93,522.00. Following the sale, the executive vice president now owns 763 shares in the company, valued at approximately $130,930.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 14,469 shares of company stock worth $2,339,402. 0.22% of the stock is owned by corporate insiders.

Several equities analysts have recently commented on the company. Zacks Investment Research raised F5 Networks from a “hold” rating to a “buy” rating and set a $185.00 price target on the stock in a research note on Friday, January 11th. DA Davidson decreased their price target on F5 Networks to $170.00 and set a “neutral” rating on the stock in a research note on Wednesday. BidaskClub raised F5 Networks from a “hold” rating to a “buy” rating in a research note on Thursday, December 20th. JPMorgan Chase & Co. lowered F5 Networks from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $210.00 to $183.00 in a research note on Tuesday, March 12th. Finally, Credit Suisse Group reissued a “buy” rating and set a $218.00 target price on shares of F5 Networks in a research note on Wednesday, January 16th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. F5 Networks presently has an average rating of “Hold” and a consensus target price of $169.05.

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About F5 Networks

F5 Networks, Inc develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. The company's primary application delivery technology is Traffic Management Operating System (TMOS) that enable company's products to intercept, inspect, and act on the contents of traffic from virtually each type of Internet Protocol-enabled application.

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Institutional Ownership by Quarter for F5 Networks (NASDAQ:FFIV)

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