F5, Inc. (NASDAQ:FFIV) Shares Bought by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lifted its position in shares of F5, Inc. (NASDAQ:FFIV) by 97.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,916 shares of the network technology company’s stock after purchasing an additional 2,424 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in F5 were worth $1,236,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Schroder Investment Management Group boosted its holdings in F5 by 23.2% during the fourth quarter. Schroder Investment Management Group now owns 121,012 shares of the network technology company’s stock worth $30,553,000 after buying an additional 22,784 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of F5 by 598.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 425,275 shares of the network technology company’s stock worth $106,944,000 after acquiring an additional 364,372 shares during the period. Allstate Corp purchased a new stake in shares of F5 during the 4th quarter worth about $318,000. DnB Asset Management AS grew its position in shares of F5 by 1.2% during the 4th quarter. DnB Asset Management AS now owns 16,812 shares of the network technology company’s stock valued at $4,228,000 after acquiring an additional 197 shares during the period. Finally, denkapparat Operations GmbH purchased a new position in shares of F5 in the 4th quarter valued at about $223,000. 90.66% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at F5

In other news, Director Marianne Budnik sold 728 shares of the business’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $304.45, for a total transaction of $221,639.60. Following the transaction, the director now owns 1,770 shares of the company’s stock, valued at approximately $538,876.50. The trade was a 29.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Francois Locoh-Donou sold 6,500 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $303.06, for a total transaction of $1,969,890.00. Following the sale, the chief executive officer now owns 151,247 shares of the company’s stock, valued at approximately $45,836,915.82. The trade was a 4.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 18,232 shares of company stock worth $5,310,131. Insiders own 0.52% of the company’s stock.

F5 Stock Down 4.7 %

F5 stock opened at $239.25 on Monday. The company has a fifty day simple moving average of $283.88 and a 200-day simple moving average of $256.77. The firm has a market capitalization of $13.79 billion, a price-to-earnings ratio of 23.78, a PEG ratio of 3.85 and a beta of 1.14. F5, Inc. has a 52-week low of $159.01 and a 52-week high of $313.00.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FFIV. Bank of America increased their price target on F5 from $180.00 to $260.00 and gave the stock an “underperform” rating in a research report on Friday, January 31st. The Goldman Sachs Group increased their target price on F5 from $257.00 to $295.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. Evercore ISI boosted their price target on shares of F5 from $240.00 to $270.00 and gave the stock an “in-line” rating in a report on Friday, January 17th. Piper Sandler increased their price objective on shares of F5 from $246.00 to $304.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Finally, Barclays lifted their target price on shares of F5 from $246.00 to $296.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, F5 currently has an average rating of “Hold” and an average target price of $295.00.

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.