F5, Inc. (NASDAQ:FFIV) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in F5, Inc. (NASDAQ:FFIV) by 15.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,723 shares of the network technology company’s stock after acquiring an additional 1,735 shares during the quarter. SG Americas Securities LLC’s holdings in F5 were worth $2,277,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FFIV. True Wealth Design LLC grew its position in shares of F5 by 268,450.0% during 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 period. Ontario Teachers Pension Plan Board increased its position in shares of F5 by 133.9% in the third quarter. Ontario Teachers Pension Plan Board now owns 10,530 shares of the network technology company’s stock valued at $1,697,000 after buying an additional 6,028 shares in the last quarter. New York Life Investment Management LLC raised its stake in shares of F5 by 25.4% during the 3rd quarter. New York Life Investment Management LLC now owns 15,092 shares of the network technology company’s stock worth $2,432,000 after buying an additional 3,061 shares during the period. Dark Forest Capital Management LP purchased a new position in shares of F5 during the 3rd quarter valued at approximately $438,000. Finally, Addison Advisors LLC grew its stake 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 period. Hedge funds and other institutional investors own 90.66% of the company’s stock.

F5 Stock Up 1.0 %

NASDAQ:FFIV opened at $188.84 on Thursday. The company has a market capitalization of $11.11 billion, a P/E ratio of 24.56, a P/E/G ratio of 2.78 and a beta of 1.10. F5, Inc. has a 52 week low of $127.05 and a 52 week high of $199.49. The stock’s fifty day moving average is $186.46 and its two-hundred day moving average is $172.17.

F5 (NASDAQ:FFIV) last posted its earnings results on Monday, January 29th. The network technology company reported $3.43 EPS for the quarter, beating analysts’ consensus estimates of $3.04 by $0.39. The company had revenue of $693.00 million for the quarter, compared to analysts’ expectations of $684.77 million. F5 had a net margin of 16.43% and a return on equity of 20.81%. F5’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.65 earnings per share. Sell-side analysts anticipate that F5, Inc. will post 9.58 earnings per share for the current fiscal year.

Insider Buying and Selling at F5

In other news, CFO Francis J. Pelzer sold 500 shares of the firm’s stock in a transaction on Monday, January 22nd. The stock was sold at an average price of $180.09, for a total transaction of $90,045.00. Following the completion of the transaction, the chief financial officer now directly owns 31,508 shares in the company, valued at $5,674,275.72. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, CEO Francois Locoh-Donou sold 6,400 shares of the stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $188.02, for a total transaction 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Francis J. Pelzer sold 500 shares of F5 stock in a transaction that occurred 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 transaction, the chief financial officer now owns 31,508 shares of the company’s stock, valued at approximately $5,674,275.72. The disclosure for this sale can be found here. Insiders have sold a total of 8,751 shares of company stock valued at $1,634,872 over the last quarter. 0.58% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on FFIV shares. KeyCorp increased their price objective on shares of F5 from $186.00 to $204.00 and gave the company an “overweight” rating in a report on Thursday, January 18th. Barclays boosted their price objective on F5 from $163.00 to $206.00 and gave the stock an “equal weight” rating in a research note 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 research report on Friday, February 9th. The Goldman Sachs Group boosted their price target on F5 from $156.00 to $179.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 30th. Finally, Piper Sandler raised their price objective on F5 from $170.00 to $187.00 and gave the company a “neutral” rating in a report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $185.00.

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.