F5, Inc. (NASDAQ:FFIV) Shares Acquired by Czech National Bank

Czech National Bank increased its stake in F5, Inc. (NASDAQ:FFIVFree Report) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,457 shares of the network technology company’s stock after buying an additional 84 shares during the quarter. Czech National Bank’s holdings in F5 were worth $1,872,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of FFIV. Horizon Investments LLC grew its stake in F5 by 6.0% during the 2nd quarter. Horizon Investments LLC now owns 1,210 shares of the network technology company’s stock valued at $177,000 after purchasing an additional 68 shares in the last quarter. Kestra Advisory Services LLC grew its position in shares of F5 by 2.3% in the 2nd quarter. Kestra Advisory Services LLC now owns 2,990 shares of the network technology company’s stock worth $437,000 after acquiring an additional 68 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund grew its position in shares of F5 by 3.3% in the 3rd quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,135 shares of the network technology company’s stock worth $309,000 after acquiring an additional 69 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of F5 by 1.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 3,842 shares of the network technology company’s stock worth $562,000 after acquiring an additional 70 shares in the last quarter. Finally, Brinker Capital Investments LLC grew its position in shares of F5 by 1.1% in the 1st quarter. Brinker Capital Investments LLC now owns 6,342 shares of the network technology company’s stock worth $1,325,000 after acquiring an additional 70 shares in the last quarter. Institutional investors and hedge funds own 89.89% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on FFIV. Royal Bank of Canada reissued a “sector perform” rating and issued a $204.00 price target on shares of F5 in a report on Friday, February 9th. TheStreet upgraded F5 from a “c+” rating to a “b-” rating in a report on Wednesday, November 22nd. Needham & Company LLC reiterated a “buy” rating and set a $220.00 price target on shares of F5 in a report on Tuesday, February 13th. KeyCorp lifted their price objective on F5 from $186.00 to $204.00 and gave the company an “overweight” rating in a research report on Thursday, January 18th. Finally, Barclays lifted their price objective on F5 from $163.00 to $206.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $185.00.

Check Out Our Latest Analysis on FFIV

F5 Stock Performance

NASDAQ FFIV opened at $187.90 on Monday. F5, Inc. has a twelve month low of $127.05 and a twelve month high of $199.49. The stock has a market capitalization of $11.05 billion, a PE ratio of 24.43, a P/E/G ratio of 2.85 and a beta of 1.10. The stock has a 50-day simple moving average of $184.36 and a 200 day simple moving average of $170.73.

F5 (NASDAQ:FFIVGet Free Report) last posted its quarterly earnings data on Monday, January 29th. The network technology company reported $3.43 earnings per share for the quarter, topping the consensus estimate of $3.04 by $0.39. F5 had a return on equity of 20.81% and a net margin of 16.43%. The business had revenue of $693.00 million during the quarter, compared to analysts’ expectations of $684.77 million. During the same quarter in the previous year, the firm earned $1.65 EPS. The firm’s revenue was down 1.0% compared to the same quarter last year. As a group, equities research analysts forecast that F5, Inc. will post 9.58 EPS for the current fiscal year.

Insider Activity at F5

In related news, CFO Francis J. Pelzer sold 500 shares of the business’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $178.75, for a total transaction of $89,375.00. Following the transaction, the chief financial officer now directly owns 32,008 shares in the company, valued at $5,721,430. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CFO Francis J. Pelzer sold 500 shares of the business’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $178.75, for a total transaction of $89,375.00. Following the transaction, the chief financial officer now directly owns 32,008 shares in the company, valued at $5,721,430. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Thomas Dean Fountain sold 851 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $183.06, for a total value of $155,784.06. Following the completion of the sale, the executive vice president now owns 15,008 shares in the company, valued at $2,747,364.48. The disclosure for this sale can be found here. Insiders have sold 8,751 shares of company stock worth $1,629,687 over the last three months. Company insiders own 0.58% of the company’s stock.

About F5

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

Receive News & Ratings for F5 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F5 and related companies with MarketBeat.com's FREE daily email newsletter.