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

In a filing, F5 Inc revealed its Officer THOMAS D FOUNTAIN acquired Company’s shares for reported $0.91 million on Nov 04 ’24. In the deal valued at $231.90 per share,3,932 shares were bought.

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Then, SCOT FRAZIER ROGERS bought 4,535 shares, generating $1,051,510 in total proceeds.

Before that, FRANCOIS LOCOH-DONOU bought 1,450 shares. F5 Inc shares valued at $336,308 were divested by the Officer at a price of $231.94 per share.

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 fall -0.43% to $231.20. Over the last five days, the stock has gained 5.88%. F5 Inc shares have risen nearly 29.18% since the year began. Nevertheless, the stocks have risen 51.24% over the past one year. While a 52-week high of $250.46 was reached on 10/29/24, a 52-week low of $149.40 was recorded on 04/30/24. SMA at 50 days reached $215.35, while 200 days put it at $189.68.

Levels Of Support And Resistance For FFIV Stock

The 24-hour chart illustrates a support level at 229.30, which if violated will result in even more drops to 227.41. On the upside, there is a resistance level at 233.29. A further resistance level may holdings at 235.39. The Relative Strength Index (RSI) on the 14-day chart is 62.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 51.75%. Stochastics %K at 51.55% indicates the stock is a holding.

How much short interest is there in F5 Inc?

A steep rise in short interest was recorded in F5 Inc stocks on 2024-10-15, dropping by -0.16 million shares to a total of 2.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 2.29 million shares. There was a decline of -7.68%, which implies that there is a negative 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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