Economy

F5 Networks, Inc. (FFIV) PT Lowered to $120.00

The shares were sold at an average price of $120.59, for a total transaction of $100,813.24. Investec Asset Management LTD now owns 53,012 shares of the network technology company's stock valued at $6,736,000 after buying an additional 13,306 shares in the last quarter. At&T Inc now has $235.78 billion valuation. Over the last three months, the shares of the company have changed -10.01% and performed -14.84% over the last six months. About 218,218 shares traded. It is down 21.28% since October 10, 2016 and is uptrending.

Today, Royal Bank Of Canada reiterated its Hold rating on F5 Networks (NASDAQ:FFIV) with a price target of $129.00. Prentiss Smith & Co Inc bought 40,101 shares as the company's stock declined 11.30% while stock markets rallied. OppenheimerFunds Inc. now owns 1,705 shares of the network technology company's stock valued at $243,000 after buying an additional 98 shares in the last quarter. The Firm is engaged in the development, marketing and sale of application delivery networking products that optimize the security, performance and availability of network applications, servers and storage systems. The stock declined 0.52% or $0.6 reaching $115.8 on the news. About 165,575 shares traded. It has outperformed by 4.58% the S&P500.

Analyst Thoughts About TEGNA Inc. Two investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have issued a buy rating to the stock. Therefore 31% are positive. Wms Prtn reported 58,235 shares stake. As per Wednesday, June 8, the company rating was maintained by M Partners.

The collective rating of 2.8 for F5 Networks, Inc. The stock of AT&T Inc. As per Thursday, October 29, the company rating was maintained by Wunderlich. The firm has "Sell" rating by Moffet Nathanson given on Friday, April 1. Also, the Hold rating count is 1, as of 09 Oct 2017. The ratio increased, as 217 funds opened new or increased equity positions, while 220 decreased and sold positions in F5 Networks Inc. Dupont Management, a Delaware-based fund reported 26,396 shares. Calamos Advsrs Limited Com holds 0.02% or 21,628 shares. (NYSE:T) for 65,930 shares. Airain Ltd accumulated 64,054 shares. Pictet & Cie (Europe) Sa reported 6,965 shares. Bank Of New York Mellon Corp, a New York-based fund reported 10,436 shares. Of the analysts surveyed by Reuters that track TEGNA Inc. It now has negative earnings.

Investors sentiment increased to 0.99 in 2017 Q2. Its up 0.05, from 0.94 in 2017Q1. It increased, as 50 investors sold FFIV shares while 170 reduced holdings.

F5 Networks, Inc. has a one year low of $114.45 and a one year high of $149.50. (NASDAQ:FFIV) for 6,906 shares. Wexford Cap LP holds 2,300 shares or 0.02% of its portfolio. Cleararc Capital holds 0.03% of its portfolio in F5 Networks, Inc. Renaissance Ltd invested in 228,009 shares or 1.06% of the stock. (NASDAQ:FFIV) for 4,150 shares. Utah Retirement reported 0.04% in F5 Networks, Inc. Savings Bank Of Montreal Can has invested 0.17% in F5 Networks, Inc. (NASDAQ:FFIV) for 1,585 shares. Insiders sold a total of 22,312 shares of company stock valued at $2,675,607 over the last ninety days. 2,402 F5 Networks, Inc. (NASDAQ:FFIV) shares with value of $108,248 were sold by Kearny Ryan C. (NASDAQ:FFIV) on Monday, May 1.

Among 35 analysts covering F5 Networks Inc.

10/4/2017-Robert W. Baird Reiterated Rating of Hold. Oppenheimer downgraded F5 Networks, Inc. As per Tuesday, October 3, the company rating was maintained by Deutsche Bank. As per Thursday, July 27, the company rating was downgraded by Wells Fargo. Morgan Stanley raised its position in shares of F5 Networks by 171.1% during the 1st quarter.

F5 Networks, Inc. (NASDAQ:FFIV) tumbled -19.64% year-to-date. The company was downgraded on Thursday, January 14 by Barclays Capital. (NASDAQ:FFIV) in a report released on Tuesday morning.

12/14/2016 - F5 Networks, Inc. was upgraded to "buy" by analysts at Citigroup.

FFIV has been the topic of a number of other research reports. During the same period in the prior year, the firm posted $1.81 EPS. This translates into $109.93 million profit for FFIV giving the stock a 16.81 P/E. The firm had revenue of $518.20 million for the quarter, compared to the consensus estimate of $523.12 million.

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