Can analysts adopt a bullish outlook for F5 Networks, Inc. (NASDAQ:FFIV)?

May 23, 2018 - By Louis Casey

F5 Networks, Inc. (NASDAQ:FFIV) LogoInvestors sentiment is 0.84 in 2017 Q4. Its the same as in 2017Q3. It is flat, as 42 investors sold F5 Networks, Inc. shares while 174 reduced holdings. only 67 funds opened positions while 115 raised stakes. 55.68 million shares or 7.29% less from 60.06 million shares in 2017Q3 were reported.
Utah Retirement owns 11,878 shares for 0.03% of their portfolio. Parallax Volatility Advisers Limited Partnership holds 0% of its portfolio in F5 Networks, Inc. (NASDAQ:FFIV) for 1,480 shares. Rnc Mngmt Ltd Liability Corp reported 2,023 shares. Convergence Inv Prns Limited Liability Com has invested 0.39% of its portfolio in F5 Networks, Inc. (NASDAQ:FFIV). First Quadrant Lp Ca stated it has 177,689 shares. Franklin Resource accumulated 31,622 shares or 0% of the stock. Pub Sector Pension Investment Board accumulated 12,792 shares. Bremer Tru Natl Association invested 0.79% of its portfolio in F5 Networks, Inc. (NASDAQ:FFIV). Pacad Limited invested 0.21% in F5 Networks, Inc. (NASDAQ:FFIV). Fernwood Invest Mgmt Limited Liability Com accumulated 3,600 shares. Moneta Advisors Limited Com owns 40 shares. Engineers Gate Manager L P has 31,014 shares for 0.28% of their portfolio. Wellington Management Gp Ltd Liability Partnership has invested 0% in F5 Networks, Inc. (NASDAQ:FFIV). Pggm Invests stated it has 132,900 shares. Bankshares Of America Corp De reported 193,003 shares.

Since February 1, 2018, it had 0 insider purchases, and 17 insider sales for $20.13 million activity. Another trade for 2,738 shares valued at $446,238 was made by Rogers Scot Frazier on Tuesday, May 1. DiLullo John D had sold 1,769 shares worth $287,615 on Tuesday, May 1. HIGGINSON ALAN also sold $293,138 worth of F5 Networks, Inc. (NASDAQ:FFIV) shares. MCADAM JOHN sold $3.60 million worth of stock. Reinland Andrew sold $3.24 million worth of stock or 19,903 shares. $140,320 worth of stock was sold by Kearny Ryan C. on Tuesday, May 1.

F5 Networks, Inc. (NASDAQ:FFIV) Ratings Coverage

Among 15 analysts covering F5 Networks (NASDAQ:FFIV), 7 have Buy rating, 2 Sell and 6 Hold. Therefore 47% are positive. F5 Networks had 21 analyst reports since January 4, 2018 according to SRatingsIntel. The company was initiated on Tuesday, February 6 by Goldman Sachs. BMO Capital Markets maintained the stock with “Buy” rating in Sunday, May 20 report. The company was downgraded on Wednesday, May 16 by DA Davidson. The stock of F5 Networks, Inc. (NASDAQ:FFIV) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, January 24. The rating was maintained by BMO Capital Markets on Thursday, January 25 with “Outperform”. On Wednesday, April 25 the stock rating was maintained by BMO Capital Markets with “Buy”. As per Tuesday, January 23, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Thursday, January 4 by BMO Capital Markets. The stock of F5 Networks, Inc. (NASDAQ:FFIV) earned “Buy” rating by Bank of America on Thursday, January 25. The stock has “Sell” rating by Deutsche Bank on Friday, January 5. Below is a list of F5 Networks, Inc. (NASDAQ:FFIV) latest ratings and price target changes.

21/05/2018 Broker: Credit Suisse Rating: Buy New Target: $188.0000
20/05/2018 Broker: BMO Capital Markets Rating: Buy Maintain
16/05/2018 Broker: DA Davidson Old Rating: Buy New Rating: Neutral Downgrade
10/05/2018 Broker: Credit Suisse Rating: Outperform New Target: $188 Initiates Coverage On
03/05/2018 Broker: JP Morgan Rating: Overweight New Target: $211 Initiates Coverage On
03/05/2018 Broker: J.P. Morgan Rating: Buy New Target: $211.0000 Initiate
26/04/2018 Broker: Barclays Capital Old Rating: Underweight New Rating: Underweight Old Target: $125 New Target: $135 Maintain
25/04/2018 Broker: BMO Capital Markets Rating: Buy New Target: $169.0000 Maintain
13/04/2018 Broker: William Blair Rating: Buy Upgrade
06/02/2018 Broker: Goldman Sachs Rating: Hold New Target: $145.0 Initiate

The stock increased 0.35% or $0.61 during the last trading session, reaching $174.57. About 399,744 shares traded. F5 Networks, Inc. (NASDAQ:FFIV) has declined 1.06% since May 23, 2017 and is downtrending. It has underperformed by 12.61% the S&P500.

F5 Networks, Inc. develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. The company has market cap of $10.67 billion. It offers Local Traffic Manager, which provides intelligent load-balancing, traffic management, and application health checking; BIG-IP DNS that automatically directs users to the closest or best-performing physical, virtual, or cloud environment; Link Controller, which monitors the health and availability of each connection in organizations with more than one Internet service provider; Advanced Firewall Manager, a network firewall; and Application Security Manager, an Web application firewall that provides comprehensive, proactive, and application-layer protection against generalized and targeted attacks. It has a 26.94 P/E ratio. The firm also provides Access Policy Manager, which provides secure, granular, and context-aware access to networks and applications; Carrier-Grade Network Address Translation, which offers a set of tools that enables service providers to migrate to IPv6 while continuing to support and interoperate with existing IPv4 devices and content; and Policy Enforcement Manager that offers traffic classification capabilities to identify the specific applications and services to service providers.

More notable recent F5 Networks, Inc. (NASDAQ:FFIV) news were published by: Benzinga.com which released: “F5 Networks Q2 Earnings Preview” on April 25, 2018, also Streetinsider.com with their article: “F5 Networks (FFIV) Names Francis J. Pelzer as Chief Financial Officer” published on May 21, 2018, Globenewswire.com published: “Report: Exploring Fundamental Drivers Behind Gartner, F5 Networks, Medidata Solutions, Evertec, Ring Energy, and …” on May 15, 2018. More interesting news about F5 Networks, Inc. (NASDAQ:FFIV) were released by: Businesswire.com and their article: “F5 Appoints Francis J. Pelzer as Chief Financial Officer” published on May 21, 2018 as well as Streetinsider.com‘s news article titled: “UPDATE: F5 Networks (FFIV) PT Raised to $186 at BMO Capital” with publication date: May 21, 2018.

F5 Networks, Inc. (NASDAQ:FFIV) Institutional Positions Chart

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