Thomas Dean Fountain Sells 851 Shares of F5, Inc. (NASDAQ:FFIV) Stock

F5, Inc. (NASDAQ:FFIV) EVP Thomas Dean Fountain sold 851 shares of the business’s stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $167.53, for a total value of $142,568.03. Following the sale, the executive vice president now owns 15,504 shares in the company, valued at $2,597,385.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Thomas Dean Fountain also recently made the following trade(s):

• On Thursday, February 8th, Thomas Dean Fountain sold 851 shares of F5 stock. The stock was sold at an average price of $183.06, for a total value of $155,784.06.

F5 Trading Down 0.1 %

Shares of F5 stock opened at $165.94 on Friday. The company’s 50-day moving average price is $186.63 and its two-hundred day moving average price is $176.67. The stock has a market cap of $9.76 billion, a PE ratio of 19.87, a price-to-earnings-growth ratio of 2.22 and a beta of 1.14. F5, Inc. has a 52 week low of $130.34 and a 52 week high of $199.49.

F5 (NASDAQ:FFIV) last posted its quarterly earnings data on Monday, April 29th. The network technology company reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.88 by $0.03. F5 had a return on equity of 21.41% and a net margin of 17.91%. The firm had revenue of $681.00 million for the quarter, compared to the consensus estimate of $685.47 million. During the same quarter in the previous year, the company earned $1.70 EPS. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. On average, equities analysts predict that F5, Inc. will post 9.59 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on FFIV shares. Royal Bank of Canada lowered their target price on shares of F5 from $204.00 to $182.00 and set a “sector perform” rating for the company in a research note on Tuesday. JPMorgan Chase & Co. lifted their price target on shares of F5 from $197.00 to $205.00 and gave the stock a “neutral” rating in a research note on Thursday, April 11th. Evercore ISI dropped their price target on shares of F5 from $200.00 to $180.00 and set an “in-line” rating for the company in a research note on Tuesday. Barclays reduced their price objective on F5 from $206.00 to $189.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Finally, The Goldman Sachs Group raised their target price on F5 from $156.00 to $179.00 and gave the company a “neutral” rating in a research note on Tuesday, January 30th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $185.10.

Institutional Investors Weigh In On F5

Institutional investors have recently bought and sold shares of the business. Asset Management One Co. Ltd. increased its stake in shares of F5 by 3.9% during the 3rd quarter. Asset Management One Co. Ltd. now owns 27,477 shares of the network technology company’s stock worth $4,428,000 after purchasing an additional 1,044 shares during the last quarter. Handelsbanken Fonder AB boosted its stake in F5 by 41.3% in the 3rd quarter. Handelsbanken Fonder AB now owns 11,300 shares of the network technology company’s stock valued at $1,821,000 after buying an additional 3,300 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in F5 by 3.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,981 shares of the network technology company’s stock valued at $642,000 after purchasing an additional 139 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in F5 by 12.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 214,486 shares of the network technology company’s stock worth $34,562,000 after acquiring an additional 23,681 shares during the last quarter. Finally, Simon Quick Advisors LLC bought a new position in shares of F5 in the third quarter valued at about $201,000. 90.66% of the stock is currently owned by institutional investors and hedge funds.

F5 Company 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.