In addition to Alan Higginson, 15 other FFIV executives reported Sell trades in the last month. Following Alan Higginson’s last FFIV Sell transaction on May 18, 2015, the stock climbed by 5.6%.
Based on F5 Networks` latest earnings report from June 30, the company posted quarterly revenue of $483.6M and quarterly net profit of $93.17M. In comparison, last year the company earned revenue of $440.3M and had a net profit of $79.47M. The company has a one year high of $136.11 and a one year low of $106.82. FFIV’s market cap is $9.44B and the company has a P/E ratio of 27%.
Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $133.78, reflecting a -0.8% downside. Three different firms, including Barclays and Goldman Sachs, currently also have a Sell rating on the stock.
Looking at blogger coverage of FFIV, there is a 100% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Technology sector.
Over the last 3 months, the insider sentiment on F5 Networks has been neutral based on 59 corporate insider transactions. This sentiment is higher than the average sector sentiment of insiders.
F5 Networks Inc provides Application Delivery Networking (ADN) technology that secures and optimizes the delivery of network-based applications and the security, performance and availability of servers, and other network resources.