1 day Ago By ABMN Staff
Royal Bank of Canada reissued their sector perform rating on shares of F5 ( NASDAQ:FFIV – Free Report ) in a report published on Tuesday, Benzinga reports. They currently have a $290.00 price objective on the network technology company’s stock.
Other analysts also recently issued reports about the company. The Goldman Sachs Group upped their target price on F5 from $257.00 to $295.
00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. lowered their price target on F5 from $296.
00 to $285.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. Barclays lowered their price target on F5 from $296.
00 to $274.00 and set an “equal weight” rating for the company in a report on Tuesday. Morgan Stanley boosted their price target on F5 from $269.
00 to $280.00 and gave the stock an “equal weight” rating in a report on Tuesday. Finally, Needham & Company LLC reissued a “buy” rating and set a $320.
00 price target on shares of F5 in a report on Tuesday. One research analyst has rated the stock with a sell rating, seven have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.
com, F5 currently has an average rating of “Hold” and an average price target of $282.56. View Our Latest Stock Analysis on F5 F5 Price Performance F5 ( NASDAQ:FFIV – Get Free Report ) last released its earnings results on Monday, April 28th.
The network technology company reported $3.42 earnings per share for the quarter, beating analysts’ consensus estimates of $3.11 by $0.
31. The firm had revenue of $590.16 million during the quarter, compared to the consensus estimate of $719.
91 million. F5 had a return on equity of 20.98% and a net margin of 20.
58%. The company’s revenue was up 7.3% compared to the same quarter last year.
During the same period in the prior year, the company posted $2.91 EPS. Equities analysts anticipate that F5 will post 11.
2 earnings per share for the current fiscal year. Insider Buying and Selling In other news, CEO Francois Locoh-Donou sold 1,300 shares of the business’s stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $265.
37, for a total value of $344,981.00. Following the transaction, the chief executive officer now owns 148,647 shares in the company, valued at approximately $39,446,454.
39. The trade was a 0.87 % decrease in their position.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Also, Director Marianne Budnik sold 1,872 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $260.
72, for a total transaction of $488,067.84. Following the completion of the transaction, the director now owns 1,207 shares in the company, valued at $314,689.
04. This trade represents a 60.80 % decrease in their position.
The disclosure for this sale can be found here . Insiders have sold a total of 18,232 shares of company stock worth $5,310,131 in the last ninety days. Company insiders own 0.
52% of the company’s stock. Institutional Trading of F5 Hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co.
increased its stake 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 acquiring an additional 81,005 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of F5 by 457.6% in the 4th quarter.
Allspring Global Investments Holdings LLC now owns 31,375 shares of the network technology company’s stock valued at $7,899,000 after acquiring an additional 25,748 shares in the last quarter. Boston Trust Walden Corp increased its stake in shares of F5 by 3.9% in the 4th quarter.
Boston Trust Walden Corp now owns 194,820 shares of the network technology company’s stock valued at $48,991,000 after acquiring an additional 7,341 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of F5 by 36.3% in the 4th quarter.
GAMMA Investing LLC now owns 2,144 shares of the network technology company’s stock valued at $539,000 after acquiring an additional 571 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in shares of F5 by 163.3% in the 4th quarter.
Fisher Asset Management LLC now owns 80,013 shares of the network technology company’s stock valued at $20,121,000 after acquiring an additional 49,629 shares in the last quarter. Institutional investors own 90.66% of the company’s stock.
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. Featured Articles 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.
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