F5 Networks, Inc. (NASDAQ:FFIV) EVP Sells $54,293.52 in Stock

Posted by on Apr 8th, 2021

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.

F5 Networks (NASDAQ:FFIV) last posted its earnings results on Monday, January 25th. The network technology company reported $2.59 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.45 by $0.14. The business had revenue of $625.90 million during the quarter, compared to analyst estimates of $624.01 million. F5 Networks had a return on equity of 19.72% and a net margin of 13.08%. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.55 EPS. On average, equities research analysts anticipate that F5 Networks, Inc. will post 7.16 EPS for the current fiscal year.

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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Insider Buying and Selling by Quarter for F5 Networks (NASDAQ:FFIV)

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