F5 Networks (NASDAQ:FFIV) has been under a strong bear grip, hence the stock is down -3.47% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.87% in the past 1 week. The stock has risen by 3.18% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.91% in the past 4 weeks.
The company shares have rallied 0.12% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $135.20 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $114.26 and the 200 Day Moving Average price is recorded at $102.04.
The stock has recorded a 20-day Moving Average of 0.83% and the 50-Day Moving Average is 5.86%.
F5 Networks (NASDAQ:FFIV): stock turned positive on Friday. Though the stock opened at $114.99, the bulls momentum made the stock top out at $117.2 level for the day. The stock recorded a low of $114.47 and closed the trading day at $117.13, in the green by 2.95%. The total traded volume for the day was 761,820. The stock had closed at $113.77 in the previous days trading.
In an insider trading activity,The officer (EVP, Chief Financial Officer) of F5 Networks Inc, Reinland Andrew sold 4,352 shares at $120.11 on June 7, 2016. The Insider selling transaction had a total value worth of $522,719. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
F5 Networks, Inc. is the developer and provider of application delivery services. The Companys core technology is a full-proxy, programmable, software platform called TMOS (Traffic Management Operating System). It helps organizations seamlessly scale cloud, data center, and software-defined networking deployments to successfully deliver applications to anyone, anywhere, at any time. It works with many technology companies to improve manageability, strengthen security, and ensure faster and more successful deployments. Its applications include availability and delivery. It can remove the roadblocks in ones network to efficiently and securely deliver applications that are available to users when and where they need them. It can also accelerate ones application response time, minimize latency and delays, and reduce the number of data round trips necessary to complete a web request.