Prudential PLC raised its position in F5, Inc. (NASDAQ:FFIV – Get Rating) by 84.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,451 shares of the network technology company’s stock after acquiring an additional 1,583 shares during the quarter. Prudential PLC’s holdings in F5 were worth $495,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of F5 by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 6,830,286 shares of the network technology company’s stock worth $1,427,188,000 after buying an additional 96,873 shares during the last quarter. First Trust Advisors LP lifted its position in shares of F5 by 4.5% during the 3rd quarter. First Trust Advisors LP now owns 1,207,276 shares of the network technology company’s stock worth $174,729,000 after buying an additional 51,626 shares during the last quarter. Invesco Ltd. lifted its position in shares of F5 by 14.7% during the 1st quarter. Invesco Ltd. now owns 714,798 shares of the network technology company’s stock worth $149,358,000 after buying an additional 91,580 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of F5 by 3.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 452,043 shares of the network technology company’s stock worth $94,454,000 after buying an additional 16,974 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in F5 by 1.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 402,137 shares of the network technology company’s stock valued at $58,205,000 after purchasing an additional 6,354 shares during the last quarter. Hedge funds and other institutional investors own 93.34% of the company’s stock.
Insider Buying and Selling at F5
In other F5 news, CEO Francois Locoh-Donou sold 2,201 shares of the firm’s stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $145.51, for a total transaction of $320,267.51. Following the completion of the transaction, the chief executive officer now directly owns 110,823 shares in the company, valued at approximately $16,125,854.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other F5 news, CMO Mika Yamamoto sold 1,650 shares of the firm’s stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $133.02, for a total transaction of $219,483.00. Following the sale, the chief marketing officer now directly owns 8,914 shares of the company’s stock, valued at approximately $1,185,740.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Francois Locoh-Donou sold 2,201 shares of the firm’s stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of $145.51, for a total transaction of $320,267.51. Following the sale, the chief executive officer now directly owns 110,823 shares in the company, valued at $16,125,854.73. The disclosure for this sale can be found here. In the last three months, insiders sold 9,941 shares of company stock worth $1,380,158. 0.60% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
F5 Stock Up 2.0 %
Shares of FFIV opened at $141.98 on Friday. The company has a 50-day simple moving average of $139.34 and a 200-day simple moving average of $143.80. The company has a market capitalization of $8.59 billion, a PE ratio of 26.29, a P/E/G ratio of 1.99 and a beta of 1.09. F5, Inc. has a 52-week low of $127.05 and a 52-week high of $174.38.
F5 (NASDAQ:FFIV – Get Rating) last announced its quarterly earnings results on Wednesday, April 19th. The network technology company reported $2.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.11. F5 had a net margin of 11.74% and a return on equity of 16.56%. The business had revenue of $703.00 million during the quarter, compared to the consensus estimate of $699.18 million. During the same quarter last year, the firm posted $1.30 EPS. The business’s revenue was up 10.9% compared to the same quarter last year. On average, research analysts anticipate that F5, Inc. will post 7.79 EPS for the current year.
About F5
F5, Inc engages development and provision of software defined application services. It offers the development, marketing and sale of application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. The company was founded on February 26, 1996, and is headquartered in Seattle, WA.
Featured Articles
- Get a free copy of the StockNews.com research report on F5 (FFIV)
- It’s Time To Take Another Bite Of Take-Two Interactive
- Zoetis Declares New Dividend, Hinting At Undervaluation
- Good News For Walmart Isn’t So Great For Everybody Else
- Eagle Materials, Answering America’s Building Supply Needs
- Pharma Giants Novartis, Lilly, Merck, and Novo Outperform Market
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.
