F5, Inc. (NASDAQ:FFIV) Shares Acquired by LSV Asset Management

LSV Asset Management raised its stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 8.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 101,510 shares of the network technology company's stock after purchasing an additional 8,020 shares during the quarter. LSV Asset Management owned 0.17% of F5 worth $25,527,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of F5 during the fourth quarter valued at $171,127,000. Arrowstreet Capital Limited Partnership grew its stake in F5 by 598.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 425,275 shares of the network technology company's stock valued at $106,944,000 after acquiring an additional 364,372 shares during the period. Edge Capital Group LLC acquired a new stake in F5 during the 4th quarter worth approximately $59,623,000. Cookson Peirce & Co. Inc. bought a new stake in F5 in the 4th quarter valued at $53,212,000. Finally, Jupiter Asset Management Ltd. boosted its position in shares of F5 by 83.1% during the fourth quarter. Jupiter Asset Management Ltd. now owns 296,506 shares of the network technology company's stock worth $74,562,000 after buying an additional 134,537 shares during the period. 90.66% of the stock is currently owned by institutional investors.

F5 Stock Down 0.2 %

Shares of NASDAQ FFIV traded down $0.55 during trading on Thursday, reaching $258.43. The company had a trading volume of 152,792 shares, compared to its average volume of 576,556. The business's 50-day moving average is $276.13 and its 200 day moving average is $258.47. The stock has a market cap of $14.90 billion, a PE ratio of 25.66, a P/E/G ratio of 3.85 and a beta of 1.14. F5, Inc. has a 12-month low of $159.01 and a 12-month high of $313.00.

Insider Activity

In related news, Director Marianne Budnik sold 728 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $304.45, for a total value of $221,639.60. Following the completion of the transaction, the director now owns 1,770 shares of the company's stock, valued at approximately $538,876.50. This trade represents a 29.14 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Lyra Amber Schramm sold 253 shares of the stock in a transaction on Saturday, February 1st. The shares were sold at an average price of $297.26, for a total transaction of $75,206.78. Following the completion of the sale, the insider now directly owns 200 shares in the company, valued at approximately $59,452. This represents a 55.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 18,232 shares of company stock valued at $5,310,131 over the last three months. Insiders own 0.52% of the company's stock.

Wall Street Analyst Weigh In

FFIV has been the subject of several recent research reports. Evercore ISI increased their price target on F5 from $240.00 to $270.00 and gave the company an "in-line" rating in a research report on Friday, January 17th. Barclays upped their price objective on F5 from $246.00 to $296.00 and gave the company an "equal weight" rating in a report on Wednesday, January 29th. The Goldman Sachs Group increased their price target on F5 from $257.00 to $295.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. cut their price target on shares of F5 from $296.00 to $285.00 and set a "neutral" rating for the company in a report on Thursday. Finally, Needham & Company LLC lifted their target price on F5 from $285.00 to $360.00 and gave the company a "buy" rating in a research report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $289.67.

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.