9,722 Shares in F5, Inc. (NASDAQ:FFIV) Purchased by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise purchased a new stake in F5, Inc. (NASDAQ:FFIV - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,722 shares of the network technology company's stock, valued at approximately $2,589,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Geode Capital Management LLC grew its position in shares of F5 by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 1,604,362 shares of the network technology company's stock valued at $402,536,000 after buying an additional 30,367 shares during the last quarter. First Trust Advisors LP boosted its position in shares of F5 by 3.1% during the 4th quarter. First Trust Advisors LP now owns 1,259,848 shares of the network technology company's stock valued at $316,814,000 after purchasing an additional 37,354 shares in the last quarter. Northern Trust Corp boosted its position in shares of F5 by 38.0% during the 4th quarter. Northern Trust Corp now owns 913,021 shares of the network technology company's stock valued at $229,597,000 after purchasing an additional 251,534 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of F5 by 34,698.9% during the 1st quarter. GAMMA Investing LLC now owns 746,089 shares of the network technology company's stock valued at $198,661,000 after purchasing an additional 743,945 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its position in shares of F5 by 14.0% during the 4th quarter. Alliancebernstein L.P. now owns 656,231 shares of the network technology company's stock valued at $165,022,000 after purchasing an additional 80,570 shares in the last quarter. Institutional investors own 90.66% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on FFIV shares. Barclays set a $321.00 target price on F5 and gave the company an "equal weight" rating in a research report on Thursday. JPMorgan Chase & Co. upped their price target on F5 from $285.00 to $305.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Morgan Stanley upped their price target on F5 from $305.00 to $312.00 and gave the stock an "equal weight" rating in a research note on Thursday. Royal Bank Of Canada upped their price target on F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a research note on Thursday. Finally, William Blair reaffirmed an "outperform" rating on shares of F5 in a research note on Tuesday, April 29th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, F5 has an average rating of "Hold" and an average price target of $309.89.

F5 Stock Performance

NASDAQ:FFIV traded down $5.99 during trading hours on Friday, reaching $307.43. The stock had a trading volume of 790,548 shares, compared to its average volume of 549,941. The stock has a market cap of $17.66 billion, a P/E ratio of 27.09, a price-to-earnings-growth ratio of 3.78 and a beta of 1.00. F5, Inc. has a 12-month low of $184.80 and a 12-month high of $334.00. The stock has a 50 day simple moving average of $294.02 and a 200 day simple moving average of $282.06.

F5 (NASDAQ:FFIV - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.49 by $0.67. The firm had revenue of $780.37 million during the quarter, compared to analyst estimates of $750.64 million. F5 had a return on equity of 22.19% and a net margin of 22.06%. The company's revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.36 earnings per share. On average, equities analysts expect that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

Insider Transactions at F5

In related news, CEO Francois Locoh-Donou sold 1,300 shares of the firm's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $294.32, for a total value of $382,616.00. Following the transaction, the chief executive officer directly owned 107,100 shares of the company's stock, valued at approximately $31,521,672. This trade represents a 1.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael L. Dreyer sold 1,800 shares of the firm's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $285.96, for a total value of $514,728.00. Following the completion of the transaction, the director directly owned 4,376 shares in the company, valued at approximately $1,251,360.96. This represents a 29.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 5,872 shares of company stock worth $1,702,309 over the last quarter. Insiders own 0.52% of the company's stock.

F5 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.