F5, Inc. (NASDAQ:FFIV) Shares Bought by Deutsche Bank AG

Deutsche Bank AG lifted its holdings in F5, Inc. (NASDAQ:FFIV - Free Report) by 10.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 330,805 shares of the network technology company's stock after purchasing an additional 30,341 shares during the quarter. Deutsche Bank AG owned 0.58% of F5 worth $88,083,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Chicago Partners Investment Group LLC bought a new stake in shares of F5 in the first quarter valued at about $232,000. ASR Vermogensbeheer N.V. bought a new stake in shares of F5 in the first quarter valued at about $522,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of F5 by 134.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock valued at $27,000 after acquiring an additional 59 shares in the last quarter. iA Global Asset Management Inc. raised its holdings in shares of F5 by 131.1% in the first quarter. iA Global Asset Management Inc. now owns 7,777 shares of the network technology company's stock valued at $2,071,000 after acquiring an additional 4,412 shares in the last quarter. Finally, J. Safra Sarasin Holding AG raised its holdings in shares of F5 by 31.9% in the first quarter. J. Safra Sarasin Holding AG now owns 8,806 shares of the network technology company's stock valued at $2,345,000 after acquiring an additional 2,129 shares in the last quarter. 90.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on FFIV shares. Wall Street Zen downgraded shares of F5 from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Royal Bank Of Canada upped their price objective on shares of F5 from $314.00 to $326.00 and gave the company a "sector perform" rating in a report on Thursday, July 31st. Barclays upped their price objective on shares of F5 from $274.00 to $321.00 and gave the company an "equal weight" rating in a report on Thursday, July 31st. Piper Sandler upped their target price on F5 from $304.00 to $355.00 and gave the company a "neutral" rating in a research report on Thursday, July 31st. Finally, JPMorgan Chase & Co. upped their target price on F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $309.89.

Insider Activity

In related news, CEO Francois Locoh-Donou sold 1,300 shares of the business's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $308.14, for a total transaction of $400,582.00. Following the completion of the sale, the chief executive officer owned 110,153 shares in the company, valued at $33,942,545.42. The trade was a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael L. Dreyer sold 1,800 shares of the business's stock in a transaction that occurred 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 sale, the director owned 4,376 shares of the company's stock, valued at approximately $1,251,360.96. The trade was a 29.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,816 shares of company stock valued at $4,227,002 over the last 90 days. Insiders own 0.52% of the company's stock.

F5 Price Performance

Shares of NASDAQ:FFIV traded down $0.82 during midday trading on Friday, reaching $317.69. 63,831 shares of the company's stock were exchanged, compared to its average volume of 547,145. The firm's 50 day simple moving average is $300.73 and its two-hundred day simple moving average is $285.75. F5, Inc. has a fifty-two week low of $194.45 and a fifty-two week high of $334.00. The stock has a market cap of $18.25 billion, a price-to-earnings ratio of 27.95, a P/E/G ratio of 3.81 and a beta of 1.03.

F5 (NASDAQ:FFIV - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.49 by $0.67. The business had revenue of $780.37 million during the quarter, compared to analysts' expectations of $750.64 million. F5 had a return on equity of 21.77% and a net margin of 22.06%. The business's quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the business posted $3.36 EPS. Equities research analysts predict that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

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.