F5, Inc. (NASDAQ:FFIV) Receives $204.56 Average Price Target from Analysts

F5, Inc. (NASDAQ:FFIV) has received an average rating of “Hold” from the nine analysts that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $204.56.

Several research analysts have weighed in on FFIV shares. The Goldman Sachs Group increased their price objective on F5 from $185.00 to $212.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Evercore ISI increased their price objective on F5 from $180.00 to $210.00 and gave the stock an “in-line” rating in a research report on Tuesday, July 30th. Barclays raised their price target on F5 from $189.00 to $214.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 30th. JPMorgan Chase & Co. raised their price target on F5 from $210.00 to $215.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 30th. Finally, StockNews.com cut F5 from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, September 10th.

Insider Activity at F5

In related news, CEO Francois Locoh-Donou sold 1,450 shares of the firm’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $188.35, for a total value of $273,107.50. Following the sale, the chief executive officer now directly owns 124,022 shares of the company’s stock, valued at $23,359,543.70. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, CFO Francis J. Pelzer sold 500 shares of F5 stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $176.20, for a total transaction of $88,100.00. Following the sale, the chief financial officer now directly owns 31,108 shares of the company’s stock, valued at approximately $5,481,229.60. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Francois Locoh-Donou sold 1,450 shares of F5 stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $188.35, for a total value of $273,107.50. Following the sale, the chief executive officer now directly owns 124,022 shares in the company, valued at $23,359,543.70. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 7,871 shares of company stock valued at $1,575,855 over the last ninety days. 0.58% of the stock is owned by corporate insiders.

Institutional Trading of F5

A number of hedge funds have recently made changes to their positions in the company. Simon Quick Advisors LLC boosted its stake in shares of F5 by 4.9% during the second quarter. Simon Quick Advisors LLC now owns 1,353 shares of the network technology company’s stock valued at $233,000 after purchasing an additional 63 shares in the last quarter. Tocqueville Asset Management L.P. boosted its holdings in F5 by 0.6% in the first quarter. Tocqueville Asset Management L.P. now owns 11,531 shares of the network technology company’s stock valued at $2,186,000 after acquiring an additional 64 shares during the last quarter. Profund Advisors LLC boosted its holdings in F5 by 6.3% in the second quarter. Profund Advisors LLC now owns 1,185 shares of the network technology company’s stock valued at $204,000 after acquiring an additional 70 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in F5 by 0.3% in the second quarter. Nisa Investment Advisors LLC now owns 28,231 shares of the network technology company’s stock valued at $4,862,000 after acquiring an additional 73 shares during the last quarter. Finally, Empirical Finance LLC boosted its holdings in F5 by 3.6% in the first quarter. Empirical Finance LLC now owns 2,155 shares of the network technology company’s stock valued at $409,000 after acquiring an additional 74 shares during the last quarter. 90.66% of the stock is owned by institutional investors and hedge funds.

F5 Stock Performance

NASDAQ FFIV opened at $222.62 on Friday. F5 has a 52-week low of $145.45 and a 52-week high of $224.47. The business has a 50 day simple moving average of $206.06 and a 200 day simple moving average of $186.59. The stock has a market cap of $13.05 billion, a price-to-earnings ratio of 26.66, a PEG ratio of 2.61 and a beta of 1.06.

F5 (NASDAQ:FFIV) last released its quarterly earnings results on Monday, July 29th. The network technology company reported $3.36 earnings per share for the quarter, topping analysts’ consensus estimates of $2.97 by $0.39. F5 had a return on equity of 21.03% and a net margin of 19.94%. The firm had revenue of $695.50 million during the quarter, compared to the consensus estimate of $686.06 million. During the same quarter in the prior year, the firm posted $2.46 EPS. The business’s revenue was down 1.0% on a year-over-year basis. On average, analysts predict that F5 will post 10.18 EPS for the current year.

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.