Kapitalo Investimentos Ltda Purchases 261 Shares of F5, Inc. (NASDAQ:FFIV)

Kapitalo Investimentos Ltda raised its position in F5, Inc. (NASDAQ:FFIVFree Report) by 19.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,613 shares of the network technology company’s stock after buying an additional 261 shares during the quarter. Kapitalo Investimentos Ltda’s holdings in F5 were worth $289,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Rhumbline Advisers increased its position in F5 by 1.1% during the third quarter. Rhumbline Advisers now owns 126,809 shares of the network technology company’s stock worth $20,434,000 after acquiring an additional 1,416 shares during the period. DekaBank Deutsche Girozentrale raised its position in shares of F5 by 1.5% in the third quarter. DekaBank Deutsche Girozentrale now owns 22,378 shares of the network technology company’s stock valued at $3,602,000 after buying an additional 334 shares in the last quarter. Korea Investment CORP boosted its stake in shares of F5 by 24.6% in the third quarter. Korea Investment CORP now owns 8,146 shares of the network technology company’s stock valued at $1,313,000 after buying an additional 1,610 shares during the period. QRG Capital Management Inc. acquired a new stake in F5 during the third quarter worth approximately $309,000. Finally, Envestnet Asset Management Inc. grew its position in F5 by 8.1% during the third quarter. Envestnet Asset Management Inc. now owns 139,105 shares of the network technology company’s stock worth $22,415,000 after buying an additional 10,417 shares in the last quarter. Institutional investors own 90.66% of the company’s stock.

F5 Price Performance

NASDAQ FFIV traded up $1.07 during trading hours on Tuesday, reaching $168.76. The company’s stock had a trading volume of 154,884 shares, compared to its average volume of 477,352. The firm has a fifty day simple moving average of $173.67 and a 200-day simple moving average of $179.58. F5, Inc. has a 52 week low of $142.16 and a 52 week high of $199.49. The stock has a market cap of $9.89 billion, a P/E ratio of 20.08, a P/E/G ratio of 2.23 and a beta of 1.09.

F5 (NASDAQ:FFIVGet Free Report) last released its quarterly earnings results on Monday, April 29th. The network technology company reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.88 by $0.03. The firm had revenue of $681.00 million during the quarter, compared to the consensus estimate of $685.47 million. F5 had a net margin of 17.91% and a return on equity of 21.41%. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.70 earnings per share. On average, research analysts expect that F5, Inc. will post 9.64 earnings per share for the current year.

Insider Transactions at F5

In other F5 news, CEO Francois Locoh-Donou sold 1,450 shares of the stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $188.85, for a total transaction of $273,832.50. Following the completion of the sale, the chief executive officer now directly owns 121,801 shares in the company, valued at approximately $23,002,118.85. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, EVP Thomas Dean Fountain sold 851 shares of the company’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $167.53, for a total transaction of $142,568.03. Following the transaction, the executive vice president now owns 15,504 shares in the company, valued at $2,597,385.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Francois Locoh-Donou sold 1,450 shares of the firm’s stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $188.85, for a total value of $273,832.50. Following the completion of the sale, the chief executive officer now owns 121,801 shares of the company’s stock, valued at $23,002,118.85. The disclosure for this sale can be found here. Insiders sold 11,766 shares of company stock worth $2,026,260 over the last ninety days. 0.58% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FFIV. Barclays cut their target price on F5 from $206.00 to $189.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 30th. Evercore ISI dropped their target price on shares of F5 from $200.00 to $180.00 and set an “in-line” rating for the company in a research report on Tuesday, April 30th. Piper Sandler reiterated a “neutral” rating and set a $167.00 price target (down previously from $187.00) on shares of F5 in a research report on Tuesday, April 30th. Needham & Company LLC reissued a “buy” rating and issued a $220.00 price objective on shares of F5 in a research note on Tuesday, April 30th. Finally, JPMorgan Chase & Co. raised their target price on F5 from $197.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $185.10.

Get Our Latest Analysis on F5

F5 Company Profile

(Free Report)

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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Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

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