F5, Inc. (NASDAQ:FFIV) Receives $295.00 Average PT from Analysts

F5, Inc. (NASDAQ:FFIV) has been given a consensus rating of “Hold” by the nine brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $295.00.

Several brokerages have issued reports on FFIV. Evercore ISI boosted their price objective on shares of F5 from $240.00 to $270.00 and gave the company an “in-line” rating in a research note on Friday, January 17th. Barclays increased their target price on F5 from $246.00 to $296.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Royal Bank of Canada increased their price objective on F5 from $260.00 to $310.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 29th. Bank of America upped their price target on shares of F5 from $180.00 to $260.00 and gave the stock an “underperform” rating in a research note on Friday, January 31st. Finally, The Goldman Sachs Group lifted their price target on shares of F5 from $257.00 to $295.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th.

F5 Stock Down 4.7 %

FFIV opened at $239.25 on Friday. F5 has a 52 week low of $159.01 and a 52 week high of $313.00. The business has a 50 day moving average price of $283.88 and a two-hundred day moving average price of $256.77. The company has a market cap of $13.79 billion, a PE ratio of 23.78, a P/E/G ratio of 3.85 and a beta of 1.14.

Insider Buying and Selling

In other news, EVP Chad Michael Whalen sold 4,093 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $290.33, for a total value of $1,188,320.69. Following the completion of the sale, the executive vice president now owns 27,264 shares of the company’s stock, valued at $7,915,557.12. This represents a 13.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Francois Locoh-Donou sold 1,300 shares of the business’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $265.37, for a total value of $344,981.00. Following the transaction, the chief executive officer now directly owns 148,647 shares in the company, valued at $39,446,454.39. This trade represents a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 18,232 shares of company stock valued at $5,310,131. Insiders own 0.52% of the company’s stock.

Institutional Investors Weigh In On F5

Large investors have recently added to or reduced their stakes in the company. Kera Capital Partners Inc. lifted its stake in shares of F5 by 16.8% in the first quarter. Kera Capital Partners Inc. now owns 1,265 shares of the network technology company’s stock worth $337,000 after acquiring an additional 182 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of F5 by 31.4% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 293 shares of the network technology company’s stock valued at $78,000 after buying an additional 70 shares during the last quarter. California State Teachers Retirement System grew its position in shares of F5 by 1.0% during the fourth quarter. California State Teachers Retirement System now owns 101,116 shares of the network technology company’s stock worth $25,428,000 after buying an additional 965 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of F5 by 36.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,995 shares of the network technology company’s stock worth $1,759,000 after buying an additional 1,875 shares during the last quarter. Finally, Siemens Fonds Invest GmbH raised its stake in shares of F5 by 2,300.7% in the 4th quarter. Siemens Fonds Invest GmbH now owns 65,996 shares of the network technology company’s stock valued at $16,596,000 after purchasing an additional 63,247 shares in the last quarter. 90.66% of the stock is owned by institutional investors and hedge funds.

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.