Aster Capital Management DIFC Ltd Buys Shares of 481 F5, Inc. (NASDAQ:FFIV)

Aster Capital Management DIFC Ltd bought a new position in F5, Inc. (NASDAQ:FFIV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 481 shares of the network technology company’s stock, valued at approximately $121,000.

Several other large investors also recently made changes to their positions in the company. FMR LLC increased its position in F5 by 68.0% in the 3rd quarter. FMR LLC now owns 58,236 shares of the network technology company’s stock valued at $12,824,000 after acquiring an additional 23,563 shares during the period. Captrust Financial Advisors grew its stake in shares of F5 by 2.0% in the third quarter. Captrust Financial Advisors now owns 2,598 shares of the network technology company’s stock worth $572,000 after purchasing an additional 50 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in shares of F5 during the third quarter valued at $265,000. HighTower Advisors LLC bought a new stake in shares of F5 during the third quarter valued at about $201,000. Finally, Janus Henderson Group PLC lifted its holdings in F5 by 17.3% in the third quarter. Janus Henderson Group PLC now owns 6,092 shares of the network technology company’s stock worth $1,341,000 after purchasing an additional 900 shares during the period. Institutional investors and hedge funds own 90.66% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on FFIV. Morgan Stanley dropped their price target on shares of F5 from $310.00 to $269.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Bank of America upped their target price on F5 from $180.00 to $260.00 and gave the stock an “underperform” rating in a research report on Friday, January 31st. Evercore ISI increased their price target on F5 from $240.00 to $270.00 and gave the company an “in-line” rating in a research note on Friday, January 17th. The Goldman Sachs Group boosted their price objective on F5 from $257.00 to $295.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th. Finally, Piper Sandler decreased their target price on F5 from $304.00 to $262.00 and set a “neutral” rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $285.78.

F5 Stock Down 0.8 %

NASDAQ:FFIV opened at $241.53 on Wednesday. The stock has a fifty day simple moving average of $281.75 and a 200 day simple moving average of $257.01. The firm has a market capitalization of $13.92 billion, a price-to-earnings ratio of 24.01, a price-to-earnings-growth ratio of 3.85 and a beta of 1.14. F5, Inc. has a 1-year low of $159.01 and a 1-year high of $313.00.

Insider Buying and Selling at F5

In other F5 news, Director Marianne Budnik sold 728 shares of the business’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $304.45, for a total transaction of $221,639.60. Following the sale, the director now directly owns 1,770 shares of the company’s stock, valued at $538,876.50. The trade was a 29.14 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Francois Locoh-Donou sold 6,500 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $303.06, for a total value of $1,969,890.00. Following the completion of the sale, the chief executive officer now owns 151,247 shares of the company’s stock, valued at $45,836,915.82. The trade was a 4.12 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,232 shares of company stock valued at $5,310,131. 0.52% of the stock is currently owned by corporate insiders.

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.