AlphaQuest LLC Has $932,000 Holdings in F5, Inc. (NASDAQ:FFIV)

AlphaQuest LLC lifted its holdings in F5, Inc. (NASDAQ:FFIV) by 185,150.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,705 shares of the network technology company’s stock after acquiring an additional 3,703 shares during the quarter. AlphaQuest LLC’s holdings in F5 were worth $932,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Jones Financial Companies Lllp boosted its holdings in shares of F5 by 4.3% in the 4th quarter. Jones Financial Companies Lllp now owns 852 shares of the network technology company’s stock worth $214,000 after acquiring an additional 35 shares in the last quarter. AMG National Trust Bank boosted its holdings in shares of F5 by 0.5% in the 4th quarter. AMG National Trust Bank now owns 7,869 shares of the network technology company’s stock worth $1,987,000 after acquiring an additional 37 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of F5 by 2.8% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,607 shares of the network technology company’s stock worth $404,000 after acquiring an additional 44 shares in the last quarter. Empirical Finance LLC boosted its holdings in shares of F5 by 2.3% in the 3rd quarter. Empirical Finance LLC now owns 2,049 shares of the network technology company’s stock worth $451,000 after acquiring an additional 46 shares in the last quarter. Finally, Captrust Financial Advisors boosted 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 in the last quarter. 90.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

FFIV has been the topic of several recent analyst reports. Evercore ISI boosted their target price on F5 from $240.00 to $270.00 and gave the stock an “in-line” rating in a report on Friday, January 17th. Royal Bank of Canada boosted their price objective on shares of F5 from $260.00 to $310.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 29th. Morgan Stanley boosted their price objective on shares of F5 from $262.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 29th. Bank of America boosted their price objective on shares of F5 from $180.00 to $260.00 and gave the stock an “underperform” rating in a research report on Friday, January 31st. Finally, Barclays boosted their price objective on shares of F5 from $246.00 to $296.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, seven have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, F5 has an average rating of “Hold” and an average target price of $295.00.

F5 Stock Performance

Shares of F5 stock opened at $266.50 on Tuesday. The firm has a fifty day moving average of $282.01 and a two-hundred day moving average of $248.47. The stock has a market capitalization of $15.36 billion, a price-to-earnings ratio of 26.49, a PEG ratio of 3.85 and a beta of 1.10. F5, Inc. has a 52 week low of $159.01 and a 52 week high of $313.00.

Insider Buying and Selling at F5

In related news, EVP Chad Michael Whalen sold 4,093 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $290.33, for a total value of $1,188,320.69. Following the completion of the transaction, the executive vice president now directly owns 27,264 shares of the company’s stock, valued at approximately $7,915,557.12. This represents a 13.05 % 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 728 shares of the company’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $304.45, for a total transaction of $221,639.60. Following the completion of the transaction, the director now directly owns 1,770 shares of the company’s stock, valued at approximately $538,876.50. The trade was a 29.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,060 shares of company stock worth $4,477,083. Insiders own 0.52% of the company’s stock.

About F5

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.