F5 Networks, Inc. (NASDAQ:FFIV) EVP Thomas Dean Fountain sold 134 shares of F5 Networks stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $129.68, for a total value of $17,377.12. Following the transaction, the executive vice president now directly owns 1,903 shares in the company, valued at approximately $246,781.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Thomas Dean Fountain also recently made the following trade(s):

  • On Tuesday, August 13th, Thomas Dean Fountain sold 260 shares of F5 Networks stock. The stock was sold at an average price of $130.50, for a total value of $33,930.00.
  • On Tuesday, August 6th, Thomas Dean Fountain sold 1,393 shares of F5 Networks stock. The stock was sold at an average price of $138.94, for a total value of $193,543.42.
  • On Tuesday, May 28th, Thomas Dean Fountain sold 70 shares of F5 Networks stock. The stock was sold at an average price of $137.85, for a total value of $9,649.50.

Shares of NASDAQ:FFIV traded down $4.96 during trading on Friday, reaching $124.39. The company had a trading volume of 435,500 shares, compared to its average volume of 777,191. The firm has a market capitalization of $7.78 billion, a price-to-earnings ratio of 15.55, a price-to-earnings-growth ratio of 1.87 and a beta of 1.05. The stock’s fifty day moving average price is $140.52 and its 200 day moving average price is $150.51. F5 Networks, Inc. has a fifty-two week low of $123.91 and a fifty-two week high of $199.71.

F5 Networks (NASDAQ:FFIV) last released its earnings results on Wednesday, July 24th. The network technology company reported $1.98 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.04 by ($0.06). The company had revenue of $563.39 million during the quarter, compared to analyst estimates of $556.15 million. F5 Networks had a net margin of 21.03% and a return on equity of 36.33%. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.44 EPS. On average, equities research analysts expect that F5 Networks, Inc. will post 8.22 EPS for the current fiscal year.

Several research analysts have commented on the company. ValuEngine raised F5 Networks from a “sell” rating to a “hold” rating in a research report on Saturday, July 27th. BidaskClub lowered F5 Networks from a “hold” rating to a “sell” rating in a research report on Saturday, August 10th. Goldman Sachs Group lowered F5 Networks from a “neutral” rating to a “sell” rating and cut their price target for the stock from $165.00 to $120.00 in a research report on Monday, July 8th. Barclays assumed coverage on F5 Networks in a research report on Wednesday, August 7th. They set an “overweight” rating and a $160.00 price target on the stock. Finally, Credit Suisse Group lifted their price target on F5 Networks from $188.00 to $191.00 and gave the stock an “outperform” rating in a research report on Thursday, July 25th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $164.06.

Several institutional investors have recently bought and sold shares of the stock. Treasurer of the State of North Carolina raised its holdings in shares of F5 Networks by 6.1% in the second quarter. Treasurer of the State of North Carolina now owns 25,128 shares of the network technology company’s stock worth $3,659,000 after acquiring an additional 1,440 shares during the last quarter. Natixis raised its holdings in shares of F5 Networks by 59.1% in the second quarter. Natixis now owns 158,205 shares of the network technology company’s stock worth $23,039,000 after acquiring an additional 58,788 shares during the last quarter. Magnetar Financial LLC raised its holdings in shares of F5 Networks by 9.4% in the second quarter. Magnetar Financial LLC now owns 2,837 shares of the network technology company’s stock worth $413,000 after acquiring an additional 244 shares during the last quarter. UBS Group AG raised its holdings in shares of F5 Networks by 63.0% in the second quarter. UBS Group AG now owns 175,626 shares of the network technology company’s stock worth $25,577,000 after acquiring an additional 67,881 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. raised its holdings in shares of F5 Networks by 20.7% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,636 shares of the network technology company’s stock worth $239,000 after acquiring an additional 281 shares during the last quarter. Hedge funds and other institutional investors own 90.75% of the company’s stock.

F5 Networks Company Profile

F5 Networks, Inc develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. The company's primary application delivery technology is Traffic Management Operating System (TMOS) that enable company's products to intercept, inspect, and act on the contents of traffic from virtually each type of Internet Protocol-enabled application.

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