In a filing, F5 Inc revealed its EVP Global Services & Strategy FOUNTAIN THOMAS DEAN unloaded Company’s shares for reported $0.14 million on May 02 ’24. In the deal valued at $167.53 per share,851 shares were sold. As a result of this transaction, FOUNTAIN THOMAS DEAN now holds 15,504 shares worth roughly $2.61 million.
Then, Pelzer Francis J. sold 500 shares, generating $89,405 in total proceeds. Upon selling the shares at $178.81, the EVP, Chief Financial Officer now owns 31,290 shares.
Before that, Locoh-Donou Francois sold 1,450 shares. F5 Inc shares valued at $273,832 were divested by the President, CEO & Director at a price of $188.85 per share. As a result of the transaction, Locoh-Donou Francois now holds 121,801 shares, worth roughly $20.53 million.
Needham reiterated its F5 Inc [FFIV] rating to a Buy in a research note published on January 30, 2024; the price target was $220. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late October from “a Neutral” to “an Underperform”. Barclays also remained covering FFIV and has decreased its forecast on April 20, 2023 with a “an Equal weight” recommendation from previously “an Overweight” rating. Goldman started covering the stock on March 07, 2023. It rated FFIV as “a Neutral”.
Price Performance Review of FFIV
On Monday, F5 Inc [NASDAQ:FFIV] saw its stock jump 1.59% to $168.58. Over the last five days, the stock has lost -7.44%. F5 Inc shares have fallen nearly -5.81% since the year began. Nevertheless, the stocks have risen 28.56% over the past one year. While a 52-week high of $199.49 was reached on 01/30/24, a 52-week low of $130.34 was recorded on 04/30/24. SMA at 50 days reached $185.81, while 200 days put it at $171.02. A total of 0.51 million shares were traded, compared to the trading of 0.64 million shares in the previous session.
Levels Of Support And Resistance For FFIV Stock
The 24-hour chart illustrates a support level at 166.53, which if violated will result in even more drops to 164.47. On the upside, there is a resistance level at 169.74. A further resistance level may holdings at 170.89. The Relative Strength Index (RSI) on the 14-day chart is 32.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.01%. Stochastics %K at 27.79% indicates the stock is a holding.
The most recent change occurred on January 24, 2023 when Guggenheim began covering the stock and recommended ‘”a Neutral”‘ rating.
