Caitlin John LLC Has $33,000 Holdings in F5, Inc. (NASDAQ:FFIV)

Caitlin John LLC lessened its stake in F5, Inc. (NASDAQ:FFIV) by 26.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 130 shares of the network technology company’s stock after selling 46 shares during the quarter. Caitlin John LLC’s holdings in F5 were worth $33,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Choreo LLC grew its position in F5 by 56.7% in the fourth quarter. Choreo LLC now owns 2,163 shares of the network technology company’s stock valued at $546,000 after acquiring an additional 783 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in F5 by 71.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,505 shares of the network technology company’s stock valued at $4,185,000 after acquiring an additional 6,890 shares during the last quarter. Columbus Macro LLC grew its position in F5 by 46.4% in the fourth quarter. Columbus Macro LLC now owns 1,605 shares of the network technology company’s stock valued at $404,000 after acquiring an additional 509 shares during the last quarter. Boston Trust Walden Corp grew its position in F5 by 3.9% in the fourth quarter. Boston Trust Walden Corp now owns 194,820 shares of the network technology company’s stock valued at $48,991,000 after acquiring an additional 7,341 shares during the last quarter. Finally, Greenleaf Trust grew its position in F5 by 5.7% in the fourth quarter. Greenleaf Trust now owns 1,091 shares of the network technology company’s stock valued at $274,000 after acquiring an additional 59 shares during the last quarter. Institutional investors own 90.66% of the company’s stock.

F5 Price Performance

Shares of FFIV stock opened at $307.44 on Friday. The business’s 50 day simple moving average is $264.35 and its 200 day simple moving average is $231.30. F5, Inc. has a one year low of $159.01 and a one year high of $308.32. The stock has a market capitalization of $17.83 billion, a PE ratio of 30.56, a PEG ratio of 3.97 and a beta of 1.06.

F5 declared that its Board of Directors has authorized a share repurchase program on Monday, October 28th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the network technology company to purchase up to 7.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at F5

In other F5 news, Director Marianne Budnik sold 728 shares of the business’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $304.45, for a total value of $221,639.60. Following the transaction, the director now directly owns 1,770 shares of the company’s stock, valued at approximately $538,876.50. The trade was a 29.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Alan Higginson sold 825 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $239.77, for a total value of $197,810.25. Following the completion of the transaction, the director now directly owns 9,882 shares in the company, valued at approximately $2,369,407.14. This trade represents a 7.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,899 shares of company stock valued at $1,682,977. 0.52% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on FFIV shares. Bank of America boosted their price target on F5 from $180.00 to $260.00 and gave the stock an “underperform” rating in a report on Friday, January 31st. Barclays boosted their price target on F5 from $246.00 to $296.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 29th. StockNews.com upgraded F5 from a “buy” rating to a “strong-buy” rating in a report on Tuesday, October 29th. Needham & Company LLC boosted their price target on F5 from $285.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Finally, The Goldman Sachs Group boosted their price target on F5 from $257.00 to $295.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, seven have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $295.00.

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.