Boston Trust Walden Corp Purchases 62,938 Shares of F5, Inc. (NASDAQ:FFIV)

Boston Trust Walden Corp increased its position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 20.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 364,532 shares of the network technology company's stock after purchasing an additional 62,938 shares during the period. Boston Trust Walden Corp owned 0.61% of F5 worth $65,244,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. True Wealth Design LLC increased its holdings in F5 by 268,450.0% in the 3rd quarter. True Wealth Design LLC now owns 5,371 shares of the network technology company's stock valued at $865,000 after acquiring an additional 5,369 shares during the last quarter. Ontario Teachers Pension Plan Board increased its holdings in F5 by 133.9% in the 3rd quarter. Ontario Teachers Pension Plan Board now owns 10,530 shares of the network technology company's stock valued at $1,697,000 after acquiring an additional 6,028 shares during the last quarter. Dark Forest Capital Management LP bought a new stake in F5 in the 3rd quarter valued at $438,000. New York Life Investment Management LLC increased its holdings in F5 by 25.4% in the 3rd quarter. New York Life Investment Management LLC now owns 15,092 shares of the network technology company's stock valued at $2,432,000 after acquiring an additional 3,061 shares during the last quarter. Finally, Addison Advisors LLC increased its holdings in F5 by 36.1% in the 3rd quarter. Addison Advisors LLC now owns 279 shares of the network technology company's stock valued at $45,000 after acquiring an additional 74 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on FFIV shares. KeyCorp boosted their target price on shares of F5 from $186.00 to $204.00 and gave the stock an "overweight" rating in a report on Thursday, January 18th. Barclays boosted their target price on shares of F5 from $163.00 to $206.00 and gave the stock an "equal weight" rating in a report on Tuesday, January 30th. Royal Bank of Canada restated a "sector perform" rating and issued a $204.00 target price on shares of F5 in a report on Friday, February 9th. Needham & Company LLC restated a "buy" rating and issued a $220.00 target price on shares of F5 in a report on Tuesday, February 13th. Finally, Piper Sandler boosted their target price on shares of F5 from $170.00 to $187.00 and gave the stock a "neutral" rating in a report on Tuesday, January 30th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $185.00.

F5 Stock Performance

F5 stock traded down $2.99 during trading hours on Thursday, hitting $188.48. The company had a trading volume of 313,748 shares, compared to its average volume of 444,108. The firm has a market cap of $11.08 billion, a P/E ratio of 24.51, a P/E/G ratio of 2.79 and a beta of 1.11. F5, Inc. has a 1 year low of $127.05 and a 1 year high of $199.49. The company has a 50-day moving average price of $187.46 and a two-hundred day moving average price of $173.32.

F5 (NASDAQ:FFIV - Get Free Report) last posted its quarterly earnings results on Monday, January 29th. The network technology company reported $3.43 EPS for the quarter, beating the consensus estimate of $3.04 by $0.39. F5 had a net margin of 16.43% and a return on equity of 20.81%. The business had revenue of $693.00 million during the quarter, compared to analyst estimates of $684.77 million. During the same quarter in the previous year, the business posted $1.65 EPS. The company's quarterly revenue was down 1.0% compared to the same quarter last year. As a group, equities research analysts anticipate that F5, Inc. will post 9.58 EPS for the current year.

Insider Buying and Selling

In other F5 news, EVP Thomas Dean Fountain sold 851 shares of the company's stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $183.06, for a total transaction of $155,784.06. Following the transaction, the executive vice president now owns 15,008 shares in the company, valued at approximately $2,747,364.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Thomas Dean Fountain sold 851 shares of the company's stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $183.06, for a total value of $155,784.06. Following the sale, the executive vice president now directly owns 15,008 shares of the company's stock, valued at approximately $2,747,364.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Francis J. Pelzer sold 500 shares of the company's stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $180.09, for a total transaction of $90,045.00. Following the completion of the sale, the chief financial officer now directly owns 31,508 shares in the company, valued at $5,674,275.72. The disclosure for this sale can be found here. Insiders sold a total of 8,751 shares of company stock worth $1,634,872 in the last 90 days. 0.58% of the stock is owned by corporate insiders.

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.

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