F5 Networks Inc (NASDAQ:FFIV) Institutional Investors Quarterly Sentiment

July 16, 2018 - By Mark Babin

F5 Networks, Inc. (NASDAQ:FFIV) Logo

Sentiment for F5 Networks Inc (NASDAQ:FFIV)

F5 Networks Inc (NASDAQ:FFIV) institutional sentiment increased to 0.97 in Q1 2018. Its up 0.13, from 0.84 in 2017Q4. The ratio has improved, as 198 investment professionals increased and started new positions, while 205 trimmed and sold positions in F5 Networks Inc. The investment professionals in our partner’s database now possess: 55.47 million shares, down from 55.68 million shares in 2017Q4. Also, the number of investment professionals holding F5 Networks Inc in their top 10 positions increased from 3 to 4 for an increase of 1. Sold All: 36 Reduced: 169 Increased: 137 New Position: 61.

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 $10.76 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 25.8 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.

The stock increased 0.03% or $0.05 during the last trading session, reaching $176.08. About 254,094 shares traded. F5 Networks, Inc. (NASDAQ:FFIV) has risen 37.01% since July 16, 2017 and is uptrending. It has outperformed by 24.44% the S&P500.

Analysts await F5 Networks, Inc. (NASDAQ:FFIV) to report earnings on July, 25 after the close. They expect $1.86 EPS, up 20.00 % or $0.31 from last year’s $1.55 per share. FFIV’s profit will be $113.67 million for 23.67 P/E if the $1.86 EPS becomes a reality. After $1.80 actual EPS reported by F5 Networks, Inc. for the previous quarter, Wall Street now forecasts 3.33 % EPS growth.

Turtle Creek Asset Management Inc. holds 3.9% of its portfolio in F5 Networks, Inc. for 284,800 shares. Fort L.P. owns 99,925 shares or 3.47% of their US portfolio. Moreover, Wilkins Investment Counsel Inc has 2.76% invested in the company for 60,260 shares. The Michigan-based Seizert Capital Partners Llc has invested 2.46% in the stock. American Beacon Advisors Inc., a Texas-based fund reported 1,489 shares.

Since January 1, 0001, it had 0 insider purchases, and 19 selling transactions for $23.07 million activity.

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

Ratings analysis reveals 44% of F5 Networks’s analysts are positive. Out of 16 Wall Street analysts rating F5 Networks, 7 give it “Buy”, 1 “Sell” rating, while 8 recommend “Hold”. The lowest target is $130 while the high is $21100. The stock’s average target of $165.71 is -5.89% below today’s ($176.08) share price. FFIV was included in 22 notes of analysts from January 17, 2018. The stock of F5 Networks, Inc. (NASDAQ:FFIV) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, January 24. The company was maintained on Thursday, April 26 by Barclays Capital. As per Friday, April 13, the company rating was upgraded by William Blair. The stock of F5 Networks, Inc. (NASDAQ:FFIV) has “Outperform” rating given on Thursday, January 25 by BMO Capital Markets. The company was downgraded on Wednesday, May 16 by DA Davidson. The stock of F5 Networks, Inc. (NASDAQ:FFIV) has “Neutral” rating given on Tuesday, June 19 by Citigroup. On Sunday, May 20 the stock rating was maintained by BMO Capital Markets with “Buy”. The rating was maintained by Cowen & Co with “Buy” on Thursday, January 25. The firm earned “Buy” rating on Thursday, May 31 by BMO Capital Markets. The firm has “Buy” rating by BMO Capital Markets given on Wednesday, April 25.

Another recent and important F5 Networks, Inc. (NASDAQ:FFIV) news was published by Benzinga.com which published an article titled: “Citi: F5 Networks Shares Fully Valued After Recent Rally” on June 19, 2018.

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

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