SG Americas Securities LLC Sells 1,766 Shares of F5, Inc. (NASDAQ:FFIV)

SG Americas Securities LLC reduced its holdings in shares of F5, Inc. (NASDAQ:FFIVGet Rating) by 43.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,260 shares of the network technology company’s stock after selling 1,766 shares during the quarter. SG Americas Securities LLC’s holdings in F5 were worth $472,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. lifted its holdings in F5 by 0.6% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 353,629 shares of the network technology company’s stock worth $73,889,000 after purchasing an additional 1,970 shares during the last quarter. Teachers Retirement System of The State of Kentucky lifted its holdings in F5 by 19.1% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 240,459 shares of the network technology company’s stock worth $58,842,000 after purchasing an additional 38,564 shares during the last quarter. Boston Trust Walden Corp lifted its holdings in F5 by 11.5% during the 1st quarter. Boston Trust Walden Corp now owns 191,553 shares of the network technology company’s stock worth $40,025,000 after purchasing an additional 19,784 shares during the last quarter. Todd Asset Management LLC lifted its holdings in F5 by 21.1% during the 4th quarter. Todd Asset Management LLC now owns 180,549 shares of the network technology company’s stock worth $44,182,000 after purchasing an additional 31,516 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in F5 by 0.3% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 172,512 shares of the network technology company’s stock worth $36,046,000 after purchasing an additional 554 shares during the last quarter. 91.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Ana Maria White sold 170 shares of the business’s stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $164.24, for a total transaction of $27,920.80. Following the sale, the executive vice president now owns 30,149 shares in the company, valued at approximately $4,951,671.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other F5 news, EVP Chad Michael Whalen sold 254 shares of the company’s stock in a transaction dated Tuesday, May 10th. The stock was sold at an average price of $168.68, for a total value of $42,844.72. Following the sale, the executive vice president now owns 8,677 shares in the company, valued at approximately $1,463,636.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Ana Maria White sold 170 shares of the company’s stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $164.24, for a total value of $27,920.80. Following the completion of the sale, the executive vice president now owns 30,149 shares in the company, valued at approximately $4,951,671.76. The disclosure for this sale can be found here. Insiders have sold 6,705 shares of company stock worth $1,112,127 in the last 90 days. Insiders own 0.46% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Credit Suisse Group lifted their price target on F5 from $167.00 to $171.00 and gave the stock a “neutral” rating in a report on Tuesday, July 26th. Morgan Stanley dropped their price objective on F5 from $235.00 to $205.00 and set an “equal weight” rating for the company in a report on Wednesday, July 13th. Bank of America cut F5 from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $215.00 to $170.00 in a report on Wednesday, July 20th. Loop Capital dropped their price objective on F5 from $273.00 to $238.00 and set a “buy” rating for the company in a report on Wednesday, April 27th. Finally, Evercore ISI dropped their price objective on F5 from $255.00 to $220.00 and set an “outperform” rating for the company in a report on Wednesday, April 27th. Eight equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $211.38.

F5 Stock Performance

F5 stock opened at $172.38 on Friday. The stock has a market capitalization of $10.42 billion, a P/E ratio of 30.78, a price-to-earnings-growth ratio of 5.44 and a beta of 1.15. F5, Inc. has a 52 week low of $142.43 and a 52 week high of $249.00. The stock has a fifty day moving average of $157.64 and a 200-day moving average of $182.08.

F5 (NASDAQ:FFIVGet Rating) last issued its quarterly earnings data on Monday, July 25th. The network technology company reported $2.57 earnings per share for the quarter, topping analysts’ consensus estimates of $2.23 by $0.34. The business had revenue of $674.49 million for the quarter, compared to analyst estimates of $667.81 million. F5 had a return on equity of 19.06% and a net margin of 12.83%. F5’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.98 EPS. On average, research analysts forecast that F5, Inc. will post 6.72 earnings per share for the current year.

F5 Profile

(Get Rating)

F5, Inc provides multi-cloud application security and delivery solutions for the security, performance, and availability of network applications, servers, and storage systems. The company's multi-cloud application security and delivery solutions enable its customers to develop, deploy, operate, secure, and govern applications in any architecture, from on-premises to the public cloud.

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Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

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