F5, Inc. (NASDAQ:FFIV) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC grew its position in F5, Inc. (NASDAQ:FFIV) by 45.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,506 shares of the network technology company’s stock after acquiring an additional 1,727 shares during the quarter. Mizuho Securities USA LLC’s holdings in F5 were worth $1,385,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Friedenthal Financial acquired a new stake in F5 during the 4th quarter worth $50,000. EverSource Wealth Advisors LLC boosted its stake in shares of F5 by 31.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 203 shares of the network technology company’s stock worth $51,000 after buying an additional 49 shares during the period. Smithfield Trust Co purchased a new position in shares of F5 during the fourth quarter worth about $57,000. Global Retirement Partners LLC grew its holdings in shares of F5 by 783.3% during the fourth quarter. Global Retirement Partners LLC now owns 318 shares of the network technology company’s stock worth $80,000 after buying an additional 282 shares during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new position in F5 in the 3rd quarter valued at about $84,000. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on FFIV. Evercore ISI lifted their target price 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 lifted their target price on shares of F5 from $257.00 to $295.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Bank of America increased their target price on F5 from $180.00 to $260.00 and gave the stock an “underperform” rating in a research note on Friday, January 31st. Barclays upped their price target on shares of F5 from $246.00 to $296.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Finally, Needham & Company LLC raised their price objective on shares of F5 from $285.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, January 29th. One research 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 MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $295.00.

F5 Trading Up 0.3 %

Shares of FFIV opened at $275.05 on Wednesday. F5, Inc. has a 12-month low of $159.01 and a 12-month high of $313.00. The stock has a market cap of $15.86 billion, a P/E ratio of 27.34, a PEG ratio of 3.85 and a beta of 1.10. The company has a 50-day moving average of $284.58 and a two-hundred day moving average of $253.66.

Insider Buying and Selling

In other F5 news, CEO Francois Locoh-Donou sold 6,500 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 151,247 shares in the company, valued at approximately $45,836,915.82. This represents a 4.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Chad Michael Whalen sold 4,093 shares of F5 stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $290.33, for a total transaction of $1,188,320.69. Following the sale, the executive vice president now owns 27,264 shares of the company’s stock, valued at approximately $7,915,557.12. This trade represents a 13.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 16,932 shares of company stock worth $4,965,150 in the last ninety days. Insiders own 0.52% of the company’s stock.

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.