Creative Financial Designs Inc. ADV Sells 38 Shares of F5, Inc. (NASDAQ:FFIV)

Creative Financial Designs Inc. ADV lowered its holdings in F5, Inc. (NASDAQ:FFIV) by 10.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 319 shares of the network technology company’s stock after selling 38 shares during the period. Creative Financial Designs Inc. ADV’s holdings in F5 were worth $80,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Hotchkis & Wiley Capital Management LLC boosted its holdings in F5 by 3.6% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 5,489,388 shares of the network technology company’s stock valued at $1,208,763,000 after purchasing an additional 191,020 shares during the period. State Street Corp raised its position in shares of F5 by 0.5% in the 3rd quarter. State Street Corp now owns 3,187,222 shares of the network technology company’s stock valued at $701,825,000 after buying an additional 16,663 shares in the last quarter. Geode Capital Management LLC raised its position in shares of F5 by 8.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,573,995 shares of the network technology company’s stock valued at $345,560,000 after buying an additional 117,080 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of F5 by 24.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 409,130 shares of the network technology company’s stock valued at $90,090,000 after buying an additional 81,005 shares in the last quarter. Finally, Retirement Systems of Alabama raised its position in shares of F5 by 7.7% in the 3rd quarter. Retirement Systems of Alabama now owns 377,387 shares of the network technology company’s stock valued at $83,101,000 after buying an additional 27,124 shares in the last quarter. Institutional investors own 90.66% of the company’s stock.

F5 Price Performance

FFIV opened at $268.48 on Friday. F5, Inc. has a fifty-two week low of $159.01 and a fifty-two week high of $313.00. The firm has a market capitalization of $15.48 billion, a price-to-earnings ratio of 26.69, a PEG ratio of 3.85 and a beta of 1.10. The company’s 50 day moving average price is $283.58 and its two-hundred day moving average price is $251.41.

Insiders Place Their Bets

In other F5 news, insider Lyra Amber Schramm sold 253 shares of the business’s stock in a transaction that occurred on Saturday, February 1st. The shares were sold at an average price of $297.26, for a total transaction of $75,206.78. Following the sale, the insider now directly owns 200 shares of the company’s stock, valued at $59,452. The trade was a 55.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Marianne Budnik sold 1,872 shares of the company’s stock in a transaction on Friday, March 14th. The shares were sold at an average price of $260.72, for a total transaction of $488,067.84. Following the completion of the sale, the director now directly owns 1,207 shares in the company, valued at approximately $314,689.04. This represents a 60.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,932 shares of company stock valued at $4,965,150 in the last ninety days. 0.52% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on FFIV shares. The Goldman Sachs Group boosted their target price 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. Needham & Company LLC boosted their target price on shares of F5 from $285.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th. Evercore ISI boosted their target price on shares of F5 from $240.00 to $270.00 and gave the company an “in-line” rating in a research report on Friday, January 17th. Barclays upped their price objective on shares of F5 from $246.00 to $296.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 29th. Finally, Piper Sandler upped their price objective on shares of F5 from $246.00 to $304.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $295.00.

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.