1 week Ago By ABMN Staff
Cullen Frost Bankers Inc. increased its position in F5, Inc. ( NASDAQ:FFIV – Free Report ) by 10.
1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,379 shares of the network technology company’s stock after acquiring an additional 400 shares during the period. Cullen Frost Bankers Inc.
’s holdings in F5 were worth $754,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of F5 in the fourth quarter worth about $25,000.
New Covenant Trust Company N.A. purchased a new position in F5 during the 1st quarter worth approximately $27,000.
Family Firm Inc. acquired a new stake in F5 during the 2nd quarter valued at approximately $25,000. Register Financial Advisors LLC purchased a new stake in shares of F5 in the 1st quarter valued at $38,000.
Finally, Blue Trust Inc. increased its stake in shares of F5 by 49.7% in the second quarter.
Blue Trust Inc. now owns 241 shares of the network technology company’s stock worth $46,000 after acquiring an additional 80 shares during the period. Institutional investors and hedge funds own 90.
66% of the company’s stock. F5 Trading Down 0.9 % FFIV stock opened at $198.
93 on Monday. F5, Inc. has a 12-month low of $145.
45 and a 12-month high of $205.92. The business’s 50-day moving average is $187.
15 and its 200 day moving average is $181.89. The stock has a market cap of $11.
66 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 2.55 and a beta of 1.
06. Insider Transactions at F5 In related news, CFO Francis J. Pelzer sold 500 shares of the company’s stock in a transaction dated Tuesday, August 20th.
The shares were sold at an average price of $196.73, for a total transaction of $98,365.00.
Following the completion of the sale, the chief financial officer now owns 31,125 shares of the company’s stock, valued at approximately $6,123,221.25. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink .
In related news, CFO Francis J. Pelzer sold 500 shares of F5 stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $196.
73, for a total transaction of $98,365.00. Following the transaction, the chief financial officer now owns 31,125 shares in the company, valued at $6,123,221.
25. The sale was disclosed in a document filed with the SEC, which is accessible through this link . Also, EVP Thomas Dean Fountain sold 851 shares of the company’s stock in a transaction on Friday, August 2nd.
The shares were sold at an average price of $192.71, for a total value of $163,996.21.
Following the completion of the sale, the executive vice president now owns 16,000 shares of the company’s stock, valued at $3,083,360. The disclosure for this sale can be found here . Over the last three months, insiders have sold 6,771 shares of company stock valued at $1,261,555.
Corporate insiders own 0.58% of the company’s stock. Analyst Upgrades and Downgrades A number of research analysts recently issued reports on the stock.
Evercore ISI boosted their target price on shares of F5 from $180.00 to $210.00 and gave the company an “in-line” rating in a research report on Tuesday, July 30th.
Piper Sandler upped their target price on F5 from $167.00 to $186.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 30th.
Barclays boosted their price target on F5 from $189.00 to $214.00 and gave the company an “equal weight” rating in a report on Tuesday, July 30th.
StockNews.com upgraded F5 from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 9th. Finally, Royal Bank of Canada lifted their target price on shares of F5 from $182.
00 to $205.00 and gave the company a “sector perform” rating in a report on Tuesday, July 30th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock.
According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $200.89.
Get Our Latest Research Report on F5 About F5 ( 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. See Also Receive News & Ratings for F5 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F5 and related companies with MarketBeat.
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