15,767 Shares in F5, Inc. (NASDAQ:FFIV) Purchased by Talbot Financial LLC

Talbot Financial LLC bought a new stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,767 shares of the network technology company's stock, valued at approximately $4,198,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Coldstream Capital Management Inc. boosted its holdings in F5 by 3.7% during the 4th quarter. Coldstream Capital Management Inc. now owns 954 shares of the network technology company's stock valued at $240,000 after acquiring an additional 34 shares during the period. Colonial Trust Co SC raised its position in F5 by 5.2% in the 4th 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 raised its position in F5 by 4.3% in the 4th quarter. Jones Financial Companies Lllp now owns 852 shares of the network technology company's stock valued at $214,000 after purchasing an additional 35 shares in the last quarter. AMG National Trust Bank raised its position in F5 by 0.5% in the 4th quarter. AMG National Trust Bank now owns 7,869 shares of the network technology company's stock valued at $1,987,000 after purchasing an additional 37 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. raised its position in F5 by 2.8% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,607 shares of the network technology company's stock valued at $404,000 after purchasing an additional 44 shares in the last quarter. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at F5

In other news, Director Michael L. Dreyer sold 1,800 shares of the company'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 sale, the director now directly owns 4,376 shares in the company, valued at $1,251,360.96. This represents a 29.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Francois Locoh-Donou sold 1,300 shares of the company's stock in a transaction 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 completion of the sale, the chief executive officer now owns 148,647 shares in the company, valued at $39,446,454.39. This represents a 0.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,891 shares of company stock valued at $2,418,732. Insiders own 0.52% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on FFIV shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $320.00 price target on shares of F5 in a research report on Tuesday, April 29th. William Blair reaffirmed an "outperform" rating on shares of F5 in a research report on Tuesday, April 29th. Barclays reduced their price target on F5 from $296.00 to $274.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 29th. Morgan Stanley raised their target price on F5 from $269.00 to $280.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 29th. Finally, JPMorgan Chase & Co. cut their target price on F5 from $296.00 to $285.00 and set a "neutral" rating on the stock in a research report on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $282.56.

F5 Price Performance

Shares of NASDAQ:FFIV traded up $4.63 during trading on Tuesday, reaching $290.65. The company had a trading volume of 389,484 shares, compared to its average volume of 567,900. The firm has a market capitalization of $16.69 billion, a price-to-earnings ratio of 28.89, a price-to-earnings-growth ratio of 3.85 and a beta of 1.00. The stock's fifty day moving average price is $268.40 and its 200 day moving average price is $269.76. F5, Inc. has a fifty-two week low of $164.45 and a fifty-two week high of $313.00.

F5 (NASDAQ:FFIV - Get Free Report) last announced 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. F5 had a return on equity of 20.98% and a net margin of 20.58%. The firm had revenue of $590.16 million for the quarter, compared to analyst estimates of $719.91 million. During the same quarter in the prior year, the company posted $2.91 earnings per share. F5's quarterly revenue was up 7.3% on a year-over-year basis. On average, equities analysts anticipate that F5, Inc. will post 11.2 EPS 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.