Machina Capital S.A.S. Purchases Shares of 1,085 F5, Inc. (NASDAQ:FFIV)

Machina Capital S.A.S. purchased a new stake in F5, Inc. (NASDAQ:FFIV) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 1,085 shares of the network technology company’s stock, valued at approximately $273,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Friedenthal Financial bought a new stake in F5 in the 4th quarter valued at $50,000. Smithfield Trust Co bought a new stake in F5 in the 4th quarter valued at $57,000. Venturi Wealth Management LLC increased its holdings in F5 by 79.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 320 shares of the network technology company’s stock valued at $70,000 after acquiring an additional 142 shares during the last quarter. Global Retirement Partners LLC increased its holdings in F5 by 783.3% in the 4th quarter. Global Retirement Partners LLC now owns 318 shares of the network technology company’s stock valued at $80,000 after acquiring an additional 282 shares during the last quarter. Finally, Point72 Hong Kong Ltd bought a new stake in F5 in the 3rd quarter valued at $84,000. 90.66% of the stock is currently owned by institutional investors.

F5 Trading Down 0.0 %

Shares of NASDAQ:FFIV opened at $275.63 on Monday. The company has a market capitalization of $15.89 billion, a price-to-earnings ratio of 27.40, a PEG ratio of 3.85 and a beta of 1.10. F5, Inc. has a 12 month low of $159.01 and a 12 month high of $313.00. The firm’s 50-day moving average is $281.73 and its 200 day moving average is $247.97.

Analyst Ratings Changes

FFIV has been the subject of a number of recent research reports. Evercore ISI lifted their price objective on shares of F5 from $240.00 to $270.00 and gave the stock an “in-line” rating in a research note on Friday, January 17th. Bank of America lifted their price objective on shares of F5 from $180.00 to $260.00 and gave the stock an “underperform” rating in a research note on Friday, January 31st. Barclays lifted their price objective 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. Morgan Stanley lifted their price objective on shares of F5 from $262.00 to $310.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Finally, Piper Sandler lifted their price objective on shares of F5 from $246.00 to $304.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, F5 has an average rating of “Hold” and a consensus target price of $295.00.

Insider Activity at F5

In other F5 news, EVP Chad Michael Whalen sold 4,093 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $290.33, for a total value of $1,188,320.69. Following the transaction, the executive vice president now directly owns 27,264 shares in the company, valued at $7,915,557.12. This represents a 13.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Marianne Budnik sold 728 shares of the company’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $304.45, for a total transaction of $221,639.60. Following the completion of the transaction, the director now owns 1,770 shares in the company, valued at $538,876.50. This represents a 29.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 15,060 shares of company stock worth $4,477,083. Insiders own 0.52% of the company’s stock.

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.