The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. F5 Inc shares valued at $14,630,685 were purchased by KARA LYNN SPRAGUE on Dec 12 ’24. At $262.01 per share, KARA LYNN SPRAGUE acquired 55,840 shares.
Also, FRANK PELZER purchased 8,500 shares, netting a total of over 2,176,852 in proceeds.
Before that, Locoh-Donou Francois had sold 1,450 shares from its account. In a trade valued at $364,211, the President, CEO & Director traded F5 Inc shares for $251.18 each. Upon closing the transaction, the insider’s holdings decreased to 1,450 shares, worth approximately $40.24 million.
As published in a research note from Needham on January 30, 2024, F5 Inc [FFIV] has been retained to a Buy and the price target has been revised to $220. Analysts at BofA Securities downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in late October. As of April 20, 2023, Barclays has decreased its “an Overweight” rating to a “an Equal weight” for FFIV. Earlier on March 07, 2023, Goldman initiated its rating. Their recommendation was “a Neutral” for FFIV stock.
Analyzing FFIV Stock Performance
During the last five days, there has been a surge of approximately 1.95%. Over the course of the year, F5 Inc shares have jumped approximately 4.31%. Shares of the company reached a 52-week high of $263.80 on 01/15/25 and a 52-week low of $249.68 on 01/02/25. A 50-day SMA is recorded $250.66, while a 200-day SMA reached $205.18. Nevertheless, trading volume fell to 0.51 million shares from 0.54 million shares the previous day.
Support And Resistance Levels for F5 Inc (FFIV)
According to the 24-hour chart, there is a support level at 260.38, which, if violated, would cause prices to drop to 258.45. In the upper region, resistance lies at 264.01. The next price resistance is at 265.72. RSI (Relative Strength Index) is 61.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.47, which suggests the price will increase in the coming days. Percent R is at 10.59%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
