Johnson Financial Group Inc. Has $1.96 Million Stock Holdings in F5, Inc. (NASDAQ:FFIV)

Johnson Financial Group Inc. trimmed its position in F5, Inc. (NASDAQ:FFIV) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,809 shares of the network technology company’s stock after selling 364 shares during the quarter. Johnson Financial Group Inc.’s holdings in F5 were worth $1,964,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Susquehanna Fundamental Investments LLC bought a new stake in F5 during the fourth quarter valued at about $503,000. Coldstream Capital Management Inc. lifted its position in shares of F5 by 3.7% during the 4th quarter. Coldstream Capital Management Inc. now owns 954 shares of the network technology company’s stock worth $240,000 after purchasing an additional 34 shares during the last quarter. Kovitz Investment Group Partners LLC acquired a new position in shares of F5 during the 4th quarter worth about $204,000. Voya Investment Management LLC boosted its stake in F5 by 400.3% during the 4th quarter. Voya Investment Management LLC now owns 220,291 shares of the network technology company’s stock valued at $55,397,000 after purchasing an additional 176,260 shares during the period. Finally, Fuller & Thaler Asset Management Inc. grew its holdings in F5 by 56.5% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 7,191 shares of the network technology company’s stock valued at $1,808,000 after buying an additional 2,595 shares during the last quarter. 90.66% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FFIV. Piper Sandler reduced their price objective on F5 from $304.00 to $262.00 and set a “neutral” rating for the company in a research report on Tuesday, April 8th. Needham & Company LLC boosted their price objective on shares of F5 from $285.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Barclays increased their target price on shares of F5 from $246.00 to $296.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. lowered their price target on F5 from $296.00 to $285.00 and set a “neutral” rating on the stock in a research note on Thursday, April 17th. Finally, Royal Bank of Canada raised their price objective on F5 from $260.00 to $310.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $289.67.

Insider Buying and Selling at F5

In other F5 news, insider Lyra Amber Schramm sold 253 shares of the business’s stock in a transaction dated Saturday, February 1st. The shares were sold at an average price of $297.26, for a total value of $75,206.78. Following the transaction, the insider now directly owns 200 shares in the company, valued at $59,452. The trade was a 55.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Chad Michael Whalen sold 4,093 shares of the firm’s stock in a transaction that occurred on 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 directly owns 27,264 shares of the company’s stock, valued at approximately $7,915,557.12. The trade was a 13.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,232 shares of company stock worth $5,310,131 over the last three months. Company insiders own 0.52% of the company’s stock.

F5 Trading Up 0.7 %

FFIV stock opened at $270.03 on Friday. The firm has a market cap of $15.57 billion, a P/E ratio of 26.84, a P/E/G ratio of 3.85 and a beta of 1.14. F5, Inc. has a 1-year low of $159.01 and a 1-year high of $313.00. The business’s 50 day moving average is $269.28 and its 200-day moving average is $260.46.

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.