F5, Inc. (NASDAQ:FFIV) Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt decreased its holdings in F5, Inc. (NASDAQ:FFIV) by 9.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,387 shares of the network technology company’s stock after selling 1,800 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in F5 were worth $2,541,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of FFIV. Banque Cantonale Vaudoise boosted its position in F5 by 3.6% during the 1st quarter. Banque Cantonale Vaudoise now owns 10,957 shares of the network technology company’s stock worth $1,597,000 after acquiring an additional 383 shares during the period. LPL Financial LLC increased its holdings in F5 by 17.5% in the fourth quarter. LPL Financial LLC now owns 14,670 shares of the network technology company’s stock worth $2,093,000 after buying an additional 2,188 shares during the last quarter. Vinva Investment Management Ltd bought a new position in F5 during the first quarter valued at approximately $257,000. Linden Thomas Advisory Services LLC bought a new position in shares of F5 during the 4th quarter valued at $1,102,000. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its holdings in F5 by 25.3% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,801 shares of the network technology company’s stock worth $258,000 after purchasing an additional 364 shares during the last quarter. Institutional investors and hedge funds own 89.89% of the company’s stock.

Insider Transactions at F5

In other news, EVP Ana Maria White sold 170 shares of the firm’s stock in a transaction that occurred on Friday, July 14th. The stock was sold at an average price of $148.37, for a total value of $25,222.90. Following the completion of the sale, the executive vice president now directly owns 37,558 shares of the company’s stock, valued at $5,572,480.46. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, EVP Ana Maria White sold 170 shares of F5 stock in a transaction that occurred on Friday, July 14th. The stock was sold at an average price of $148.37, for a total transaction of $25,222.90. Following the completion of the sale, the executive vice president now directly owns 37,558 shares of the company’s stock, valued at approximately $5,572,480.46. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Chad Michael Whalen sold 279 shares of the business’s stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of $164.84, for a total value of $45,990.36. Following the completion of the sale, the executive vice president now owns 15,614 shares of the company’s stock, valued at $2,573,811.76. The disclosure for this sale can be found here. Insiders have sold 9,139 shares of company stock worth $1,434,198 in the last ninety days. Insiders own 0.60% of the company’s stock.

F5 Trading Up 0.5 %

Shares of NASDAQ:FFIV traded up $0.86 during trading on Thursday, hitting $161.22. 53,367 shares of the company’s stock traded hands, compared to its average volume of 544,776. The company has a 50-day moving average price of $156.26 and a 200-day moving average price of $147.27. F5, Inc. has a 52 week low of $127.05 and a 52 week high of $167.89. The company has a market cap of $9.56 billion, a price-to-earnings ratio of 29.10, a price-to-earnings-growth ratio of 1.92 and a beta of 1.06.

F5 (NASDAQ:FFIV) last announced its earnings results on Monday, July 24th. The network technology company reported $3.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.35. F5 had a return on equity of 17.63% and a net margin of 11.84%. The business had revenue of $702.64 million for the quarter, compared to analyst estimates of $698.93 million. During the same quarter last year, the firm earned $1.76 EPS. F5’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, analysts predict that F5, Inc. will post 8.24 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on FFIV shares. Needham & Company LLC boosted their target price on shares of F5 from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, July 25th. Royal Bank of Canada boosted their price objective on shares of F5 from $146.00 to $173.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 25th. KeyCorp upped their target price on F5 from $179.00 to $193.00 and gave the company an “overweight” rating in a research note on Tuesday, July 25th. StockNews.com began coverage on shares of F5 in a research note on Thursday, August 17th. They set a “strong-buy” rating on the stock. Finally, Piper Sandler raised their target price on F5 from $143.00 to $163.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 25th. Eight research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $168.23.

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 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.