F5 Networks, Inc. (NASDAQ:FFIV) EVP Ana Maria White sold 258 shares of the firm’s stock in a transaction on Thursday, April 1st. The shares were sold at an average price of $210.44, for a total value of $54,293.52. Following the transaction, the executive vice president now owns 17,346 shares in the company, valued at $3,650,292.24. The sale was disclosed in a document filed with the SEC, which is available at this link.
Ana Maria White also recently made the following trade(s):
- On Monday, March 1st, Ana Maria White sold 258 shares of F5 Networks stock. The shares were sold at an average price of $193.04, for a total value of $49,804.32.
- On Monday, February 1st, Ana Maria White sold 257 shares of F5 Networks stock. The shares were sold at an average price of $195.57, for a total value of $50,261.49.
FFIV stock opened at $210.90 on Thursday. The company has a quick ratio of 1.37, a current ratio of 1.39 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $13.00 billion, a PE ratio of 42.01, a PEG ratio of 2.33 and a beta of 1.13. F5 Networks, Inc. has a twelve month low of $116.79 and a twelve month high of $216.15. The stock has a 50-day simple moving average of $199.25 and a two-hundred day simple moving average of $172.17.
Several brokerages have weighed in on FFIV. Cowen raised their price objective on F5 Networks from $223.00 to $255.00 and gave the company an “outperform” rating in a research note on Monday, January 25th. Smith Barney Citigroup raised their price objective on F5 Networks from $165.00 to $190.00 in a research note on Friday, January 8th. Royal Bank of Canada raised their target price on F5 Networks from $182.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 27th. Barclays raised their target price on F5 Networks from $212.00 to $235.00 and gave the company an “overweight” rating in a research report on Thursday, January 14th. Finally, Zacks Investment Research lowered F5 Networks from a “hold” rating to a “sell” rating and set a $206.00 target price for the company. in a research report on Monday, February 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $195.78.
Institutional investors and hedge funds have recently modified their holdings of the company. Mariner LLC bought a new stake in shares of F5 Networks during the 4th quarter valued at about $66,257,000. Oregon Public Employees Retirement Fund boosted its position in shares of F5 Networks by 18.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 27,124 shares of the network technology company’s stock valued at $4,772,000 after acquiring an additional 4,296 shares during the last quarter. Te Ahumairangi Investment Management Ltd bought a new stake in shares of F5 Networks during the 3rd quarter valued at about $5,902,000. Donoghue Forlines LLC bought a new stake in F5 Networks in the 4th quarter worth approximately $747,000. Finally, IFM Investors Pty Ltd lifted its position in F5 Networks by 24.3% in the 4th quarter. IFM Investors Pty Ltd now owns 6,160 shares of the network technology company’s stock worth $1,084,000 after buying an additional 1,205 shares during the last quarter. Hedge funds and other institutional investors own 90.69% of the company’s stock.
F5 Networks Company Profile
F5 Networks, Inc provides multi-cloud application services for the security, performance, and availability of network applications, servers, and storage systems. The company's multi-cloud application services enable its customers to develop, deploy, operate, secure, and govern applications in any architecture, from on-premises to the public cloud.
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