F5, Inc. (NASDAQ:FFIV) CEO Francois Locoh-Donou Sells 1,450 Shares

F5, Inc. (NASDAQ:FFIV) CEO Francois Locoh-Donou sold 1,450 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $168.11, for a total transaction of $243,759.50. Following the completion of the sale, the chief executive officer now directly owns 124,362 shares of the company’s stock, valued at approximately $20,906,495.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Francois Locoh-Donou also recently made the following trade(s):

• On Wednesday, April 3rd, Francois Locoh-Donou sold 1,450 shares of F5 stock. The shares were sold at an average price of $188.85, for a total transaction of $273,832.50.
• On Friday, March 1st, Francois Locoh-Donou sold 6,400 shares of F5 stock. The stock was sold at an average price of $188.02, for a total transaction of $1,203,328.00.

F5 Price Performance

FFIV stock opened at $168.32 on Wednesday. The firm has a market cap of $9.90 billion, a price-to-earnings ratio of 20.16, a PEG ratio of 2.21 and a beta of 1.14. F5, Inc. has a 1-year low of $133.00 and a 1-year high of $199.49. The firm has a fifty day moving average price of $185.53 and a two-hundred day moving average price of $177.39.

F5 (NASDAQ:FFIV) last announced its quarterly earnings data on Monday, April 29th. The network technology company reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.03. F5 had a net margin of 17.91% and a return on equity of 21.41%. The business had revenue of $681.00 million during the quarter, compared to the consensus estimate of $685.47 million. During the same quarter in the prior year, the firm earned $1.70 EPS. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. As a group, analysts expect that F5, Inc. will post 9.62 EPS for the current fiscal year.

Institutional Trading of F5

A number of institutional investors and hedge funds have recently made changes to their positions in FFIV. Vanguard Group Inc. increased its position in F5 by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 7,435,868 shares of the network technology company’s stock worth $1,330,872,000 after buying an additional 131,341 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of F5 by 13.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,812,095 shares of the network technology company’s stock worth $292,001,000 after acquiring an additional 212,784 shares during the period. Lyrical Asset Management LP lifted its position in F5 by 38.3% in the 4th quarter. Lyrical Asset Management LP now owns 1,145,302 shares of the network technology company’s stock valued at $204,986,000 after purchasing an additional 317,263 shares during the last quarter. First Trust Advisors LP boosted its stake in F5 by 0.5% during the 4th quarter. First Trust Advisors LP now owns 1,122,995 shares of the network technology company’s stock valued at $200,994,000 after purchasing an additional 6,010 shares during the period. Finally, Westfield Capital Management Co. LP grew its position in F5 by 6.4% in the 3rd quarter. Westfield Capital Management Co. LP now owns 748,118 shares of the network technology company’s stock worth $120,552,000 after purchasing an additional 44,758 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on FFIV shares. Barclays dropped their target price on F5 from $206.00 to $189.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 30th. Evercore ISI dropped their price objective on F5 from $200.00 to $180.00 and set an “in-line” rating on the stock in a report on Tuesday, April 30th. Royal Bank of Canada reduced their target price on F5 from $204.00 to $182.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 30th. KeyCorp lifted their price target on shares of F5 from $186.00 to $204.00 and gave the stock an “overweight” rating in a research note on Thursday, January 18th. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $167.00 price target (down from $187.00) on shares of F5 in a report on Tuesday, April 30th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, F5 has an average rating of “Hold” and an average price target of $185.10.

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.