F5, Inc. (NASDAQ:FFIV) Shares Acquired by Diversified Trust Co

Diversified Trust Co grew its holdings in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 384.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,832 shares of the network technology company's stock after acquiring an additional 5,423 shares during the period. Diversified Trust Co's holdings in F5 were worth $1,819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Coldstream Capital Management Inc. increased its stake in F5 by 3.7% in the 4th quarter. Coldstream Capital Management Inc. now owns 954 shares of the network technology company's stock worth $240,000 after acquiring an additional 34 shares during the last quarter. Colonial Trust Co SC raised its stake in F5 by 5.2% during the fourth quarter. Colonial Trust Co SC now owns 685 shares of the network technology company's stock valued at $172,000 after purchasing an additional 34 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of F5 by 4.3% in the 4th quarter. Jones Financial Companies Lllp now owns 852 shares of the network technology company's stock worth $214,000 after buying an additional 35 shares in the last quarter. AMG National Trust Bank grew its stake in shares of F5 by 0.5% in the 4th quarter. AMG National Trust Bank now owns 7,869 shares of the network technology company's stock worth $1,987,000 after buying an additional 37 shares in the last quarter. Finally, Spire Wealth Management increased its holdings in shares of F5 by 11.9% in the 1st quarter. Spire Wealth Management now owns 451 shares of the network technology company's stock worth $120,000 after buying an additional 48 shares during the last quarter. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

F5 Trading Up 2.3%

Shares of FFIV traded up $6.66 during trading hours on Friday, reaching $295.75. 675,626 shares of the company traded hands, compared to its average volume of 559,197. The stock's fifty day moving average price is $281.14 and its 200 day moving average price is $275.06. The firm has a market cap of $16.98 billion, a price-to-earnings ratio of 28.06, a PEG ratio of 3.76 and a beta of 1.00. F5, Inc. has a 12-month low of $169.55 and a 12-month high of $313.00.

F5 (NASDAQ:FFIV - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The network technology company reported $3.42 earnings per share for the quarter, topping analysts' consensus estimates of $3.11 by $0.31. The firm had revenue of $590.16 million during the quarter, compared to analysts' expectations of $719.91 million. F5 had a return on equity of 21.18% and a net margin of 21.14%. The business's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.91 EPS. On average, research analysts forecast that F5, Inc. will post 11.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $290.00 price target on shares of F5 in a research report on Tuesday, April 29th. William Blair reiterated an "outperform" rating on shares of F5 in a report on Tuesday, April 29th. Needham & Company LLC restated a "buy" rating and set a $320.00 price target on shares of F5 in a report on Tuesday, April 29th. Wall Street Zen downgraded F5 from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Finally, JPMorgan Chase & Co. cut their price objective on shares of F5 from $296.00 to $285.00 and set a "neutral" rating on the stock in a research report on Thursday, April 17th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $282.56.

Insider Activity at F5

In related news, Director Elizabeth Buse sold 1,500 shares of F5 stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $293.53, for a total value of $440,295.00. Following the sale, the director now directly owns 5,013 shares in the company, valued at approximately $1,471,465.89. The trade was a 23.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Francois Locoh-Donou sold 1,300 shares of the stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $265.37, for a total value of $344,981.00. Following the transaction, the chief executive officer now directly owns 148,647 shares of the company's stock, valued at $39,446,454.39. The trade was a 0.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,519 shares of company stock worth $2,370,959 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.