F5 Networks (NASDAQ:FFIV) : The consensus on F5 Networks (NASDAQ:FFIV) based on 26 analyst recommendation on the company stock is 2.77, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 21 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
F5 Networks (NASDAQ:FFIV) : Average target price received by F5 Networks (NASDAQ:FFIV) is $111.69 with an expected standard deviation of $14.37. The most aggressive target on the stock is $145, whereas the most downbeat target is $95. 16 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week
F5 Networks (NASDAQ:FFIV): stock turned positive on Tuesday. Though the stock opened at $109.94, the bulls momentum made the stock top out at $111.58 level for the day. The stock recorded a low of $109.56 and closed the trading day at $110.31, in the green by 1.54%. The total traded volume for the day was 793,860. The stock had closed at $108.64 in the previous days trading.
In an insider trading activity, The officer (EVP, Chief Financial Officer), of F5 Networks Inc, Reinland Andrew had unloaded 4,352 shares at $120.11 per share in a transaction on June 7, 2016. The total value of transaction was $522,719. The Insider information was revealed by 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.