Addison Advisors LLC Has $64,000 Position in F5, Inc. (NASDAQ:FFIV)

Addison Advisors LLC grew its holdings in F5, Inc. (NASDAQ:FFIV) by 28.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 357 shares of the network technology company’s stock after acquiring an additional 78 shares during the period. Addison Advisors LLC’s holdings in F5 were worth $64,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Washington Trust Advisors Inc. acquired a new position in shares of F5 during the fourth quarter valued at $36,000. Janiczek Wealth Management LLC lifted its stake in shares of F5 by 56.4% during the fourth quarter. Janiczek Wealth Management LLC now owns 258 shares of the network technology company’s stock valued at $46,000 after acquiring an additional 93 shares during the period. Anchor Investment Management LLC acquired a new position in shares of F5 during the fourth quarter valued at $51,000. Lindbrook Capital LLC increased its holdings in F5 by 68.0% in the fourth quarter. Lindbrook Capital LLC now owns 294 shares of the network technology company’s stock valued at $53,000 after purchasing an additional 119 shares during the last quarter. Finally, Alaska Permanent Fund Corp bought a new stake in F5 in the fourth quarter valued at about $63,000. Institutional investors and hedge funds own 90.66% of the company’s stock.

Insider Buying and Selling

In related news, EVP Thomas Dean Fountain sold 851 shares of the stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $183.06, for a total transaction of $155,784.06. Following the completion of the transaction, the executive vice president now directly owns 15,008 shares in the company, valued at $2,747,364.48. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CEO Francois Locoh-Donou sold 6,400 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $188.02, for a total transaction of $1,203,328.00. Following the completion of the transaction, the chief executive officer now directly owns 123,251 shares of the company’s stock, valued at $23,173,653.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thomas Dean Fountain sold 851 shares of the stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $183.06, for a total value of $155,784.06. Following the transaction, the executive vice president now directly owns 15,008 shares of the company’s stock, valued at $2,747,364.48. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,201 shares of company stock worth $1,908,065. 0.58% of the stock is owned by corporate insiders.

F5 Price Performance

Shares of F5 stock traded up $0.09 during trading hours on Friday, hitting $181.94. The company’s stock had a trading volume of 391,847 shares, compared to its average volume of 371,714. F5, Inc. has a 12 month low of $129.93 and a 12 month high of $199.49. The stock has a 50 day moving average of $187.66 and a 200 day moving average of $176.39. The company has a market capitalization of $10.70 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 2.68 and a beta of 1.11.

F5 (NASDAQ:FFIV) last posted its quarterly earnings data on Monday, January 29th. The network technology company reported $3.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.04 by $0.39. The business had revenue of $693.00 million during the quarter, compared to the consensus estimate of $684.77 million. F5 had a return on equity of 20.81% and a net margin of 16.43%. F5’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period last year, the company earned $1.65 earnings per share. Equities analysts expect that F5, Inc. will post 9.59 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Barclays upped their price objective on F5 from $163.00 to $206.00 and gave the company an “equal weight” rating in a report on Tuesday, January 30th. JPMorgan Chase & Co. upped their price objective on F5 from $197.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. KeyCorp upped their price objective on F5 from $186.00 to $204.00 and gave the company an “overweight” rating in a report on Thursday, January 18th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $204.00 price objective on shares of F5 in a report on Friday, February 9th. Finally, Piper Sandler upped their price objective on F5 from $170.00 to $187.00 and gave the company a “neutral” rating in a report on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $192.22.

F5 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.