F5 Networks, Inc. (FFIV) Shares Sold by Macquarie Group Ltd.

Macquarie Group Ltd. reduced its stake in shares of F5 Networks, Inc. (NASDAQ:FFIV) by 20.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,400 shares of the network technology company’s stock after selling 600 shares during the quarter. Macquarie Group Ltd.’s holdings in F5 Networks were worth $479,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Mackenzie Financial Corp raised its stake in F5 Networks by 74.1% during the 3rd quarter. Mackenzie Financial Corp now owns 111,580 shares of the network technology company’s stock worth $22,251,000 after acquiring an additional 47,485 shares in the last quarter. Summit Global Investments raised its stake in F5 Networks by 3.2% during the 3rd quarter. Summit Global Investments now owns 51,136 shares of the network technology company’s stock worth $10,197,000 after acquiring an additional 1,588 shares in the last quarter. Worldquant Millennium Quantitative Strategies LLC raised its stake in F5 Networks by 3.5% during the 3rd quarter. Worldquant Millennium Quantitative Strategies LLC now owns 175,624 shares of the network technology company’s stock worth $35,023,000 after acquiring an additional 5,879 shares in the last quarter. Man Group plc raised its stake in F5 Networks by 20.4% during the 3rd quarter. Man Group plc now owns 167,109 shares of the network technology company’s stock worth $33,325,000 after acquiring an additional 28,320 shares in the last quarter. Finally, Pacer Advisors Inc. raised its stake in F5 Networks by 75.7% during the 3rd quarter. Pacer Advisors Inc. now owns 7,659 shares of the network technology company’s stock worth $1,527,000 after acquiring an additional 3,300 shares in the last quarter. Hedge funds and other institutional investors own 97.41% of the company’s stock.

In other news, SVP Ryan C. Kearny sold 8,226 shares of the business’s stock in a transaction dated Thursday, November 1st. The shares were sold at an average price of $177.90, for a total transaction of $1,463,405.40. Following the transaction, the senior vice president now directly owns 14,139 shares in the company, valued at $2,515,328.10. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Scot Frazier Rogers sold 13,557 shares of the business’s stock in a transaction dated Thursday, November 1st. The stock was sold at an average price of $177.91, for a total transaction of $2,411,925.87. Following the transaction, the executive vice president now owns 22,141 shares in the company, valued at $3,939,105.31. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 48,012 shares of company stock worth $8,473,168. Company insiders own 0.30% of the company’s stock.



Shares of F5 Networks stock opened at $163.73 on Friday. F5 Networks, Inc. has a 52-week low of $133.14 and a 52-week high of $199.71. The stock has a market cap of $10.07 billion, a PE ratio of 20.47, a PEG ratio of 1.96 and a beta of 0.89.

F5 Networks (NASDAQ:FFIV) last issued its quarterly earnings results on Wednesday, October 24th. The network technology company reported $2.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.27. F5 Networks had a net margin of 20.99% and a return on equity of 40.04%. The business had revenue of $562.71 million for the quarter, compared to analyst estimates of $560.72 million. Research analysts predict that F5 Networks, Inc. will post 8.55 EPS for the current year.

Several equities research analysts recently commented on the stock. Zacks Investment Research reiterated a “buy” rating and set a $189.00 price target on shares of F5 Networks in a research note on Tuesday, November 13th. BidaskClub lowered shares of F5 Networks from a “buy” rating to a “hold” rating in a research note on Tuesday, January 1st. MKM Partners lifted their price objective on shares of F5 Networks to $190.00 and gave the company a “neutral” rating in a research note on Friday, October 26th. Credit Suisse Group restated a “buy” rating and issued a $218.00 price objective on shares of F5 Networks in a research note on Thursday, December 20th. Finally, BMO Capital Markets lifted their price objective on shares of F5 Networks from $188.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday, October 25th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $174.18.

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F5 Networks Company Profile

F5 Networks, Inc develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. The company's primary application delivery technology is Traffic Management Operating System (TMOS) that enable company's products to intercept, inspect, and act on the contents of traffic from virtually each type of Internet Protocol-enabled application.

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Institutional Ownership by Quarter for F5 Networks (NASDAQ:FFIV)

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