F5, Inc. (NASDAQ:FFIV) Receives $200.89 Average PT from Brokerages

F5, Inc. (NASDAQ:FFIV) has been given a consensus recommendation of “Hold” by the nine analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $200.89.

Several research analysts recently issued reports on the company. StockNews.com lowered F5 from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, September 10th. Needham & Company LLC increased their price objective on shares of F5 from $220.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, July 30th. JPMorgan Chase & Co. boosted their target price on shares of F5 from $210.00 to $215.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 30th. Evercore ISI raised their price target on shares of F5 from $180.00 to $210.00 and gave the stock an “in-line” rating in a report on Tuesday, July 30th. Finally, Royal Bank of Canada lifted their price objective on shares of F5 from $182.00 to $205.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 30th.

Insider Transactions at F5

In related news, CEO Francois Locoh-Donou sold 1,450 shares of the stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $171.95, for a total transaction of $249,327.50. Following the sale, the chief executive officer now directly owns 121,462 shares of the company’s stock, valued at $20,885,390.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other F5 news, Director Alan Higginson sold 1,000 shares of the stock in a transaction on Monday, September 9th. The shares were sold at an average price of $201.65, for a total transaction of $201,650.00. Following the transaction, the director now directly owns 10,707 shares of the company’s stock, valued at $2,159,066.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Francois Locoh-Donou sold 1,450 shares of the business’s stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $171.95, for a total transaction of $249,327.50. Following the sale, the chief executive officer now directly owns 121,462 shares of the company’s stock, valued at approximately $20,885,390.90. The disclosure for this sale can be found here. Insiders have sold 7,271 shares of company stock worth $1,378,205 over the last quarter. 0.58% of the stock is currently owned by insiders.

Institutional Investors Weigh In On F5

Several large investors have recently bought and sold shares of FFIV. Family Firm Inc. purchased a new position in shares of F5 in the second quarter worth about $25,000. New Covenant Trust Company N.A. acquired a new stake in shares of F5 in the first quarter valued at approximately $27,000. Quest Partners LLC grew its holdings in F5 by 9,100.0% in the 2nd quarter. Quest Partners LLC now owns 184 shares of the network technology company’s stock valued at $32,000 after buying an additional 182 shares in the last quarter. Register Financial Advisors LLC purchased a new position in shares of F5 during the 1st quarter worth $38,000. Finally, Blue Trust Inc. increased its position in F5 by 49.7% during the second quarter. Blue Trust Inc. now owns 241 shares of the network technology company’s stock worth $46,000 after purchasing an additional 80 shares during the last quarter. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

F5 Price Performance

Shares of FFIV stock opened at $219.24 on Monday. The stock’s 50-day moving average is $193.79 and its 200 day moving average is $183.35. F5 has a 1-year low of $145.45 and a 1-year high of $221.12. The company has a market cap of $12.85 billion, a P/E ratio of 26.22, a PEG ratio of 2.55 and a beta of 1.06.

F5 (NASDAQ:FFIV) last posted its earnings results on Monday, July 29th. The network technology company reported $3.36 EPS for the quarter, beating analysts’ consensus estimates of $2.97 by $0.39. The company had revenue of $695.50 million during the quarter, compared to analysts’ expectations of $686.06 million. F5 had a net margin of 19.94% and a return on equity of 21.03%. F5’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.46 earnings per share. On average, analysts anticipate 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.