F5 (FFIV) Set to Announce Earnings on Wednesday

F5 (NASDAQ:FFIV - Get Free Report) will be releasing its earnings data on Wednesday, April 17th. Investors that are interested in registering for the company's conference call can do so using this link.

F5 (NASDAQ:FFIV - Get Free Report) last issued its quarterly earnings data on Monday, January 29th. The network technology company reported $3.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.04 by $0.39. F5 had a return on equity of 20.81% and a net margin of 16.43%. The company had revenue of $693.00 million during the quarter, compared to analysts' expectations of $684.77 million. During the same quarter in the previous year, the company posted $1.65 earnings per share. The business's revenue was down 1.0% on a year-over-year basis. On average, analysts expect F5 to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

F5 Trading Down 0.4 %

Shares of NASDAQ:FFIV traded down $0.72 during trading on Tuesday, reaching $183.06. 244,067 shares of the stock were exchanged, compared to its average volume of 435,574. The firm has a market cap of $10.77 billion, a PE ratio of 23.80, a PEG ratio of 2.77 and a beta of 1.11. The stock has a 50-day moving average price of $188.27 and a 200-day moving average price of $175.23. F5 has a 12 month low of $127.05 and a 12 month high of $199.49.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on FFIV. Barclays boosted their price target on F5 from $163.00 to $206.00 and gave the company an "equal weight" rating in a research note on Tuesday, January 30th. Needham & Company LLC restated a "buy" rating and set a $220.00 target price on shares of F5 in a research note on Tuesday, February 13th. Royal Bank of Canada restated a "sector perform" rating and set a $204.00 target price on shares of F5 in a research note on Friday, February 9th. JPMorgan Chase & Co. upped their target price on F5 from $197.00 to $205.00 and gave the stock a "neutral" rating in a research note on Thursday, April 11th. Finally, KeyCorp upped their target price on F5 from $186.00 to $204.00 and gave the stock an "overweight" rating in a research note on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $186.82.

Insider Activity at F5

In related news, CEO Francois Locoh-Donou sold 6,400 shares of the stock in a transaction on Friday, March 1st. The stock was sold at an average price of $188.02, for a total value of $1,203,328.00. Following the completion of the sale, the chief executive officer now directly owns 123,251 shares in the company, valued at $23,173,653.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other F5 news, EVP Thomas Dean Fountain sold 851 shares of the stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $183.06, for a total transaction of $155,784.06. Following the completion of the sale, the executive vice president now directly owns 15,008 shares in the company, valued at approximately $2,747,364.48. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Francois Locoh-Donou sold 6,400 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $188.02, for a total value of $1,203,328.00. Following the sale, the chief executive officer now owns 123,251 shares of the company's stock, valued at $23,173,653.02. The disclosure for this sale can be found here. Insiders sold 10,201 shares of company stock worth $1,908,705 over the last three months. Company insiders own 0.58% of the company's stock.

Institutional Trading of F5

A number of large investors have recently bought and sold shares of the business. BOKF NA boosted its position in shares of F5 by 1.1% during the 4th quarter. BOKF NA now owns 5,706 shares of the network technology company's stock worth $1,021,000 after purchasing an additional 61 shares in the last quarter. Kestra Advisory Services LLC boosted its position in shares of F5 by 2.3% during the 2nd quarter. Kestra Advisory Services LLC now owns 2,990 shares of the network technology company's stock worth $437,000 after purchasing an additional 68 shares in the last quarter. Horizon Investments LLC boosted its position in shares of F5 by 6.0% during the 2nd quarter. Horizon Investments LLC now owns 1,210 shares of the network technology company's stock worth $177,000 after purchasing an additional 68 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund boosted its position in shares of F5 by 3.3% during the 3rd quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,135 shares of the network technology company's stock worth $309,000 after purchasing an additional 69 shares in the last quarter. Finally, Brinker Capital Investments LLC boosted its position in shares of F5 by 1.1% during the 1st quarter. Brinker Capital Investments LLC now owns 6,342 shares of the network technology company's stock worth $1,325,000 after purchasing an additional 70 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

F5 Company 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.