F5, Inc. (NASDAQ:FFIV) CEO Sells $382,616.00 in Stock

F5, Inc. (NASDAQ:FFIV - Get Free Report) CEO Francois Locoh-Donou sold 1,300 shares of F5 stock in a transaction dated 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 owned 107,100 shares of the company's stock, valued at $31,521,672. The trade was a 1.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Francois Locoh-Donou also recently made the following trade(s):

• On Thursday, May 1st, Francois Locoh-Donou sold 1,300 shares of F5 stock. The stock was sold at an average price of $264.54, for a total value of $343,902.00.

F5 Price Performance

F5 stock traded up $3.91 during mid-day trading on Friday, reaching $300.03. 272,018 shares of the company were exchanged, compared to its average volume of 560,585. The company has a fifty day simple moving average of $284.74 and a 200-day simple moving average of $276.20. F5, Inc. has a 12 month low of $169.55 and a 12 month high of $313.00. The firm has a market cap of $17.23 billion, a PE ratio of 28.47, a PEG ratio of 3.82 and a beta of 1.00.

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

Institutional Trading of F5

Several large investors have recently made changes to their positions in the company. GAMMA Investing LLC raised its position in F5 by 34,698.9% during the first 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. Norges Bank bought a new position in shares of F5 in the 4th quarter valued at $171,127,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of F5 by 598.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 425,275 shares of the network technology company's stock worth $106,944,000 after buying an additional 364,372 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in shares of F5 by 6.2% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 5,387,700 shares of the network technology company's stock worth $1,434,583,000 after buying an additional 312,415 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in F5 by 110.4% in the first quarter. Robeco Institutional Asset Management B.V. now owns 560,493 shares of the network technology company's stock valued at $149,242,000 after buying an additional 294,050 shares in the last quarter. Institutional investors and hedge funds own 90.66% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Wall Street Zen cut shares of F5 from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. reduced their target price on shares of F5 from $296.00 to $285.00 and set a "neutral" rating for the company in a report on Thursday, April 17th. Morgan Stanley increased their price target on shares of F5 from $269.00 to $280.00 and gave the company an "equal weight" rating in a report on Tuesday, April 29th. Royal Bank Of Canada restated a "sector perform" rating and set a $290.00 price objective on shares of F5 in a research report on Tuesday, April 29th. Finally, William Blair reaffirmed an "outperform" rating on shares of F5 in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, F5 presently has a consensus rating of "Hold" and a consensus target price of $282.56.

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.