2,000 Shares in F5, Inc. (NASDAQ:FFIV) Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC acquired a new position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,000 shares of the network technology company's stock, valued at approximately $503,000.

A number of other institutional investors also recently modified their holdings of the business. Norges Bank acquired a new stake in shares of F5 during the fourth quarter valued at about $171,127,000. Arrowstreet Capital Limited Partnership lifted its position 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 valued at $106,944,000 after acquiring an additional 364,372 shares during the period. Edge Capital Group LLC bought a new stake in F5 in the 4th quarter valued at about $59,623,000. Cookson Peirce & Co. Inc. acquired a new stake in F5 in the 4th quarter valued at $53,212,000. Finally, Voya Investment Management LLC lifted its position in F5 by 400.3% in the 4th quarter. Voya Investment Management LLC now owns 220,291 shares of the network technology company's stock valued at $55,397,000 after acquiring an additional 176,260 shares in the last quarter. Institutional investors and hedge funds own 90.66% of the company's stock.

Insider Buying and Selling at F5

In other F5 news, Director Marianne Budnik sold 1,872 shares of the stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $260.72, for a total transaction of $488,067.84. Following the completion of the transaction, the director now owns 1,207 shares of the company's stock, valued at $314,689.04. This represents a 60.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Francois Locoh-Donou sold 6,500 shares of F5 stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $303.06, for a total value of $1,969,890.00. Following the transaction, the chief executive officer now owns 151,247 shares in the company, valued at approximately $45,836,915.82. This represents a 4.12 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,805 shares of company stock worth $4,531,250 over the last three months. Corporate insiders own 0.52% of the company's stock.

Wall Street Analyst Weigh In

FFIV has been the subject of several research reports. JPMorgan Chase & Co. reduced their price target on shares of F5 from $296.00 to $285.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th. William Blair restated an "outperform" rating on shares of F5 in a research report on Tuesday, April 29th. The Goldman Sachs Group lifted their price objective on F5 from $257.00 to $295.00 and gave the stock a "neutral" rating in a report on Wednesday, January 29th. Bank of America increased their price objective on F5 from $180.00 to $260.00 and gave the stock an "underperform" rating in a report on Friday, January 31st. Finally, StockNews.com downgraded shares of F5 from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, April 30th. 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.com, the stock has an average rating of "Hold" and a consensus target price of $282.56.

F5 Trading Up 1.0 %

FFIV traded up $2.55 during trading on Wednesday, hitting $267.37. 488,708 shares of the company traded hands, compared to its average volume of 574,243. The company has a market cap of $15.41 billion, a PE ratio of 26.58, a P/E/G ratio of 3.85 and a beta of 1.00. F5, Inc. has a 1 year low of $164.45 and a 1 year high of $313.00. The stock's 50-day simple moving average is $264.83 and its two-hundred day simple moving average is $263.01.

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

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.