Impact Partnership Wealth LLC boosted its holdings in F5, Inc. (NASDAQ:FFIV – Free Report) by 9.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,103 shares of the network technology company’s stock after acquiring an additional 96 shares during the quarter. Impact Partnership Wealth LLC’s holdings in F5 were worth $277,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Empirical Finance LLC boosted its holdings in F5 by 2.3% during the third quarter. Empirical Finance LLC now owns 2,049 shares of the network technology company’s stock worth $451,000 after buying an additional 46 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of F5 by 2.0% in the 3rd quarter. Captrust Financial Advisors now owns 2,598 shares of the network technology company’s stock worth $572,000 after acquiring an additional 50 shares during the last quarter. First Trust Direct Indexing L.P. lifted its holdings in shares of F5 by 2.9% during the third quarter. First Trust Direct Indexing L.P. now owns 2,030 shares of the network technology company’s stock valued at $447,000 after purchasing an additional 58 shares during the last quarter. Profund Advisors LLC boosted its position in shares of F5 by 6.3% in the 2nd quarter. Profund Advisors LLC now owns 1,185 shares of the network technology company’s stock valued at $204,000 after purchasing an additional 70 shares during the period. Finally, Commerce Bank raised its holdings in F5 by 3.2% during the 3rd quarter. Commerce Bank now owns 2,485 shares of the network technology company’s stock worth $547,000 after buying an additional 78 shares during the period. 90.66% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, Director Alan Higginson sold 825 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $239.77, for a total value of $197,810.25. Following the sale, the director now directly owns 9,882 shares of the company’s stock, valued at approximately $2,369,407.14. This trade represents a 7.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.58% of the stock is owned by insiders.
Analyst Ratings Changes
View Our Latest Report on FFIV
F5 Trading Up 0.0 %
FFIV stock opened at $272.99 on Friday. The firm has a market cap of $16.00 billion, a PE ratio of 28.56, a PEG ratio of 3.68 and a beta of 1.06. F5, Inc. has a 1 year low of $159.01 and a 1 year high of $274.64. The company has a fifty day simple moving average of $255.88 and a 200 day simple moving average of $224.02.
F5 (NASDAQ:FFIV – Get Free Report) last issued its quarterly earnings data on Monday, October 28th. The network technology company reported $3.67 EPS for the quarter, beating analysts’ consensus estimates of $3.45 by $0.22. F5 had a return on equity of 20.80% and a net margin of 20.13%. The business had revenue of $747.00 million for the quarter, compared to analyst estimates of $730.43 million. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.76 EPS. As a group, analysts forecast that F5, Inc. will post 11.01 EPS for the current fiscal year.
F5 declared that its Board of Directors has approved a stock buyback program on Monday, October 28th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the network technology company to repurchase up to 7.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.
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.
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