F5, Inc. (NASDAQ:FFIV) Receives Average “Buy” Rating from Brokerages

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F5, Inc. (NASDAQ:FFIV – Get Rating) received an average rating of “Buy” from the twenty rating companies that currently cover the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating on the company. The 1-year average target price among brokers who updated their coverage on the stock in the past year is $228.15.

FFIV has been the subject of a number of recent research reports. Bank of America cut its price target on F5 from $265.00 to $240.00 and set a “buy” rating for the company in a Wednesday, April 27 research note. Piper Sandler cut her price target on F5 from $227.00 to $197.00 and set an “overweight” rating for the company in a Wednesday, April 27 research note. Credit Suisse Group cut its price target on F5 from $270.00 to $225.00 and set an “outperform” rating for the company in a Wednesday, April 27 research note. StockNews.com downgraded F5 from a “strong buy” rating to a “buy” rating in a Friday, May 6 research rating. Finally, Zacks Investment Research downgraded F5 from a “hold” rating to a “sell” rating and set a price target of $177.00 for the company. in a research note from Friday, April 29.

Separately, Executive Vice President Ana Maria White sold 169 shares in a trade on Tuesday, March 1. The stock was sold at an average price of $198.95, for a total transaction of $33,622.55. The transaction was disclosed in a document filed with the SEC, accessible via this hyperlink. Additionally, Executive Vice President Chad Michael Whalen sold 251 shares in a trade on Wednesday, February 23. The shares were sold at an average price of $198.46, for a total value of $49,813.46. The disclosure of this sale can be found here. Insiders sold a total of 10,917 shares of the company worth $2,119,674 in the past ninety days. Insiders own 0.46% of the shares of the company.

A number of large investors have recently increased or reduced their stakes in the stock. CastleArk Alternatives LLC purchased a new stake in F5 in the third quarter for $28,000. Atwood & Palmer Inc. bought a new stake in F5 in the first quarter for $31,000. Edmond DE Rothschild Holding SA bought a new stake in F5 in the third quarter for a value of $40,000. NuWave Investment Management LLC purchased a new stake in F5 in the first quarter for $41,000. Finally, Kistler Tiffany Companies LLC increased its stake in F5 by 86.4% in the first quarter. Kistler Tiffany Companies LLC now owns 205 shares of the network technology company worth $43,000 after purchasing an additional 95 shares during the period. Institutional investors hold 91.13% of the company’s shares.

Shares of F5 traded at $0.97 during Friday trading hours, hitting $156.28. 868,008 shares of the stock trade in hands, compared to its average volume of 664,307. The company has a 50-day moving average price of $192.74 and a 200-day moving average price of $211.00. The company has a market capitalization of $9.45 billion, a price/earnings ratio of 27.47, a P/E/G ratio of 4.69 and a beta of 1.18. F5 has a one-year low of $151.66 and a one-year high of $249.00.

F5 (NASDAQ:FFIV – Get Rating) last released its quarterly results on Tuesday, April 26. The networking technology company reported earnings per share (EPS) of $1.30 for the quarter, beating analyst consensus estimates of $1.16 by $0.14. The company posted revenue of $634.22 million in the quarter, versus a consensus estimate of $634.20 million. F5 had a return on equity of 19.98% and a net margin of 13.19%. The company’s quarterly revenue fell 1.7% from the same quarter last year. During the same period a year earlier, the company posted EPS of $1.70. On average, sell-side analysts expect F5 to post 6.22 EPS for the current year.

F5 Company Profile (Get an evaluation)

F5, Inc provides multi-cloud application delivery and security solutions for the security, performance and availability of network applications, servers and storage systems. The company’s multi-cloud application delivery and security solutions enable its customers to develop, deploy, operate, secure and govern applications in any architecture, from local cloud to public cloud.

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Analyst Recommendations for F5 (NASDAQ: FFIV)

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