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Keeping an Eye on F5 Inc (FFIV) After Insider Trading Activity

F5 Inc’s recently made public that its EVP, Chief Financial Officer Pelzer Francis J. unloaded Company’s shares for reported $0.13 million on Sep 20 ’24. In the deal valued at $217.50 per share,600 shares were sold. As a result of this transaction, Pelzer Francis J. now holds 30,425 shares worth roughly $6.66 million.

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Then, FRANK PELZER bought 600 shares, generating $130,500 in total proceeds.

Before that, HIGGINSON ALAN sold 1,000 shares. F5 Inc shares valued at $201,650 were divested by the Director at a price of $201.65 per share. As a result of the transaction, HIGGINSON ALAN now holds 10,707 shares, worth roughly $2.34 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 Friday, F5 Inc [NASDAQ:FFIV] saw its stock fall -1.06% to $219.00. Over the last five days, the stock has lost -0.11%. F5 Inc shares have risen nearly 22.36% since the year began. Nevertheless, the stocks have risen 38.97% over the past one year. While a 52-week high of $223.74 was reached on 09/24/24, a 52-week low of $145.45 was recorded on 04/30/24. SMA at 50 days reached $198.28, while 200 days put it at $183.87.

Levels Of Support And Resistance For FFIV Stock

The 24-hour chart illustrates a support level at 217.87, which if violated will result in even more drops to 216.75. On the upside, there is a resistance level at 221.10. A further resistance level may holdings at 223.21. The Relative Strength Index (RSI) on the 14-day chart is 67.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.51, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.95%. Stochastics %K at 85.82% indicates the stock is a selling.

How much short interest is there in F5 Inc?

A steep rise in short interest was recorded in F5 Inc stocks on 2024-09-13, growing by 0.11 million shares to a total of 2.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 2.18 million shares. There was a rise of 4.65%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on January 24, 2023 when Guggenheim began covering the stock and recommended ‘”a Neutral”‘ rating .

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