F5, Inc. (NASDAQ:FFIV) Given Average Rating of “Hold” by Brokerages

F5, Inc. (NASDAQ:FFIVGet Free Report) has received an average rating of “Hold” from the ten brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $185.00.

A number of analysts have commented on the company. Needham & Company LLC boosted their target price on F5 from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Tuesday, January 30th. Piper Sandler upped their price objective on F5 from $170.00 to $187.00 and gave the company a “neutral” rating in a research report on Tuesday, January 30th. KeyCorp upped 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. Royal Bank of Canada restated a “sector perform” rating and issued a $204.00 price objective on shares of F5 in a research report on Friday. Finally, TheStreet upgraded F5 from a “c+” rating to a “b-” rating in a research report on Wednesday, November 22nd.

Check Out Our Latest Analysis on F5

Insiders Place Their Bets

In other F5 news, EVP Chad Michael Whalen sold 1,398 shares of the company’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $171.05, for a total transaction of $239,127.90. Following the completion of the sale, the executive vice president now directly owns 21,927 shares in the company, valued at $3,750,613.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other F5 news, CFO Francis J. Pelzer sold 2,500 shares of the company’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $170.00, for a total transaction of $425,000.00. Following the completion of the sale, the chief financial officer now directly owns 32,508 shares in the company, valued at $5,526,360. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Chad Michael Whalen sold 1,398 shares of the company’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $171.05, for a total value of $239,127.90. Following the sale, the executive vice president now owns 21,927 shares of the company’s stock, valued at $3,750,613.35. The disclosure for this sale can be found here. Insiders sold 6,398 shares of company stock worth $1,106,048 over the last three months. 0.58% of the stock is owned by insiders.

Institutional Investors Weigh In On F5

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of F5 in the fourth quarter valued at about $25,000. Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of F5 in the fourth quarter valued at about $34,000. Washington Trust Advisors Inc. acquired a new stake in shares of F5 in the fourth quarter valued at about $36,000. West Tower Group LLC acquired a new stake in shares of F5 in the second quarter valued at about $30,000. Finally, Janiczek Wealth Management LLC grew its stake in shares of F5 by 56.4% in the fourth quarter. Janiczek Wealth Management LLC now owns 258 shares of the network technology company’s stock valued at $46,000 after buying an additional 93 shares in the last quarter. 89.89% of the stock is currently owned by institutional investors and hedge funds.

F5 Stock Up 0.7 %

Shares of FFIV opened at $186.61 on Friday. The company has a market capitalization of $10.97 billion, a PE ratio of 24.27, a price-to-earnings-growth ratio of 2.74 and a beta of 1.11. The stock has a fifty day simple moving average of $178.41 and a two-hundred day simple moving average of $165.50. F5 has a 52-week low of $127.05 and a 52-week high of $199.49.

F5 (NASDAQ:FFIVGet Free Report) last announced its quarterly earnings data on Monday, January 29th. The network technology company reported $3.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.04 by $0.39. The business had revenue of $693.00 million during the quarter, compared to analysts’ expectations of $684.77 million. F5 had a return on equity of 20.81% and a net margin of 16.43%. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.65 EPS. As a group, equities analysts anticipate that F5 will post 9.54 earnings per share for the current fiscal year.

F5 Company Profile

(Get 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.

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Analyst Recommendations for F5 (NASDAQ:FFIV)

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