Bank of New Hampshire Has $28,000 Stock Position in F5, Inc. (NASDAQ:FFIV)

investor owned 2,872 shares of the network technology company’s stock after selling 2,074 shares during the period. Bank of New Hampshire lowered its position in shares of F5, Inc. by 44.3% in the first quarter.

The SEC's most recent disclosure shows that the company increased its shareholdings by 44.3% during the first quarter. The institution investor held 191 shares in the stock of the network company after selling 152 during the quarter. Bank of New Hampshire held 28,000 shares of F5 as of the most recent SEC filing.

Other institutional investors and hedge funds have also made recent changes to their holdings in the company. Acrisure Capital Management LLC purchased a new F5 position valued at approximately $213,000. ETF Managers Group LLC increased its stake in F5 in the fourth-quarter by 3.0%. ETF Managers Group LLC owns now 329,118 of the stock of the network technology firm valued at $47.232,000, after buying an additional 9,687 in the last quarter. Macquarie Group Ltd. increased its stake in F5 in the fourth quarter by 3.4%. Macquarie Group Ltd. owns 11,432 of the stock of the network company valued at $1.641,000, after buying an additional 376 in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in F5 in the fourth quarter by 1.3%. Northwestern Mutual Wealth Management Co. owns 23,828 of the stock of the network company valued at $3.420,000, after buying an additional 315 in the fourth quarter. Linden Thomas Advisory Services LLC also acquired a position in F5 during the fourth quarter, valued at approximately $1,102,000. The opening price was $151.98. F5, Inc.'s 52-week low is $127.05, and its 52-week highest is $174.38. The company's two hundred day moving-average price is $143.85 and its 50 day moving-average price is $141.33. The firm has a market cap of $9.19 billion, a PE ratio of 28.14, a price-to-earnings-growth ratio of 2.19 and a beta of 1.08.

The company last released its quarterly results on April 19th. The network technology company posted $2.53 in earnings per share for the third quarter, exceeding the consensus estimate by $0.11 F5's return on equity was 16.56% and its net margin was 11.744%. The firm's revenue for the quarter was $703,00 million, which is higher than analyst expectations of $699.18 millions. In the same quarter of the previous year the firm had earned $1.30 per share. Revenue was up 10.9% from the same quarter of last year. Analysts predict that F5, Inc.'s current fiscal year earnings will be 7.79.

F5 Insider Transactions

The company sold 2,201 shares in an exchange that took place on May 3, 2009. The stock was bought at a price of $132.00 on average, for a transaction totaling $290,532.00. The chief executive now owns directly 110,538 of the company stock valued at $14,591.016. Michael L. Dreyer, the director of F5, sold 2,750 shares in a deal on May 24th. The stock was bought at an average of $143.19 for a transaction totaling $393,772.50. After the transaction, the director owns directly 5,347 shares of the company valued at $765,636.93. On Wednesday, 3rd May, 2,201 shares were sold. The shares were sold for an average price $132.00 and had a value of $290.532.00. After the transaction, the CEO now owns 110 538 shares of the company valued at $14,591 016. Insiders sold 13,712 company shares valued at $1.920,101 in the past ninety-days. Insiders own 0.60%.

Analysts set new price targets

Several research firms have published reports on FFIV. Barclays reduced F5's rating from 'overweight to equal weight' and decreased its target price from $166.00 down to $140.00. This was revealed in a report published by Barclays on Thursday, 20th April. Royal Bank of Canada reduced their target price for F5 from $156.00 to $145.00 and assigned a rating of'sector-perform' in a report published on Thursday, 20th April. Piper Sandler reduced their target price for F5 from $156,00 to $143,00 and gave the stock a neutral rating in a report published on Thursday, 20th April. Goldman Sachs Group started covering F5 on Monday, 6th March in a report. The stock was given a rating of 'neutral.' In a report published on Thursday, 20th April, KeyCorp reduced their target price for F5 from 182.00 dollars to 179.00 dollars and assigned an "overweight" rating. Ten investment analysts have assigned the stock a hold, six a buy and one a strong-buy rating. According to data from MarketBeat.com the stock currently has an average rating 'Hold,' with an average price target of $165.13.

About F5

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F5, Inc is engaged in the development and provisioning of software-defined application services. F5 Inc offers development, marketing, and sales of application delivery network products that optimize security, performance, availability, and reliability of network applications. The company was established on February 26, 1996 and has its headquarters in Seattle, WA.

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