Could F5 Networks, Inc. (FFIV) Lose its Strength? The Stock Reaches Record High

April 17, 2018 - By Peter Erickson

F5 Networks, Inc. (NASDAQ:FFIV) Logo

Investors sentiment is 0.84 in 2017 Q4. Its the same as in 2017Q3. It has no change, 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.
Pub Employees Retirement Association Of Colorado, Colorado-based fund reported 11,924 shares. 367,713 were reported by Schwab Charles Mngmt. Magnetar Fincl accumulated 2,914 shares. San Francisco Sentry Invest Grp (Ca) accumulated 100 shares or 0% of the stock. Royal Savings Bank Of Canada reported 426,492 shares. Profund Ltd Liability Corporation has 0.01% invested in F5 Networks, Inc. (NASDAQ:FFIV) for 1,864 shares. Tower Rech Cap Ltd Liability Co (Trc) accumulated 208 shares. 2,500 are held by Tocqueville Asset Mgmt Lp. Cadence Cap Management Ltd Liability Corp, a Massachusetts-based fund reported 1,997 shares. Parametric Lc has invested 0.02% in F5 Networks, Inc. (NASDAQ:FFIV). Bank Of Nova Scotia owns 9,817 shares. Walleye Trading has 0.01% invested in F5 Networks, Inc. (NASDAQ:FFIV). Oppenheimer And stated it has 0.01% in F5 Networks, Inc. (NASDAQ:FFIV). Sg Americas Secs reported 21,946 shares. Moreover, Consolidated Inv Group Ltd has 1.49% invested in F5 Networks, Inc. (NASDAQ:FFIV).

Since February 1, 2018, it had 0 insider purchases, and 9 sales for $8.86 million activity. The insider Reinland Andrew sold $288,933. $3.60 million worth of F5 Networks, Inc. (NASDAQ:FFIV) was sold by MCADAM JOHN. $396,540 worth of F5 Networks, Inc. (NASDAQ:FFIV) shares were sold by Rogers Scot Frazier. Locoh-Donou Francois had sold 1,675 shares worth $239,281 on Friday, February 2. $1.09M worth of F5 Networks, Inc. (NASDAQ:FFIV) was sold by Kearny Ryan C. on Thursday, February 1. DiLullo John D had sold 3,801 shares worth $542,378.

The stock of F5 Networks, Inc. (NASDAQ:FFIV) reached all time high today, Apr, 17 and still has $172.86 target or 9.00 % above today’s $158.59 share price. This indicates more upside for the $9.81B company. This technical setup was reported by Barchart.com. If the $172.86 PT is reached, the company will be worth $882.72M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 2.15% or $3.34 during the last trading session, reaching $158.59. About 783,279 shares traded. F5 Networks, Inc. (NASDAQ:FFIV) has declined 1.06% since April 17, 2017 and is downtrending. It has underperformed by 12.61% the S&P500.

Analysts await F5 Networks, Inc. (NASDAQ:FFIV) to report earnings on April, 25. They expect $1.73 earnings per share, up 18.49 % or $0.27 from last year’s $1.46 per share. FFIV’s profit will be $106.99M for 22.92 P/E if the $1.73 EPS becomes a reality. After $1.83 actual earnings per share reported by F5 Networks, Inc. for the previous quarter, Wall Street now forecasts -5.46 % negative EPS growth.

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

Among 14 analysts covering F5 Networks (NASDAQ:FFIV), 6 have Buy rating, 1 Sell and 7 Hold. Therefore 43% are positive. F5 Networks had 19 analyst reports since October 26, 2017 according to SRatingsIntel. The firm has “Buy” rating by Cowen & Co given on Thursday, January 25. The rating was maintained by RBC Capital Markets on Tuesday, January 23 with “Hold”. The stock of F5 Networks, Inc. (NASDAQ:FFIV) has “Hold” rating given on Tuesday, February 6 by Goldman Sachs. Barclays Capital maintained the shares of FFIV in report on Thursday, October 26 with “Overweight” rating. The firm earned “Buy” rating on Thursday, January 4 by BMO Capital Markets. The rating was maintained by Bank of America on Thursday, January 25 with “Buy”. The stock of F5 Networks, Inc. (NASDAQ:FFIV) has “Sell” rating given on Friday, January 5 by Deutsche Bank. The rating was maintained by BMO Capital Markets on Thursday, October 26 with “Market Perform”. The rating was maintained by Needham on Thursday, October 26 with “Hold”. The rating was upgraded by William Blair on Friday, April 13 to “Buy”.

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 $9.81 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 24.47 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.

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

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