Large Inflow of Money Detected in F5 Networks

F5 Networks (FFIV) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $25.62 million worth of transactions were on upticks, whereas, the downticks accounted for $22.4 million worth of transactions. The net money flow was a positive $3.22 million and the uptick to downtick ratio was 1.14. The net money flow into the stock was $1.65 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $1.65 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. F5 Networks (FFIV) was trading at $120.5, down $0.1 during day. The stock slid -0.08% over the previous days close. For the week, the stock recorded 3.55% over the previous weeks close.


Also, In the latest statement by the brokerage house, Pacific Crest downgrades its outlook on F5 Networks (NASDAQ:FFIV). The current rating of the shares is Sector Weight, according to the research report released by the firm. Previously, the company had a rating of Overweight. The rating by the firm was issued on May 17, 2016.

F5 Networks (NASDAQ:FFIV): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $121.75 and $120.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $122.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $121.47, notching a gain of 0.72% for the day. The total traded volume was 1,386,561 . The stock had closed at $120.60 on the previous day.

The stock has recorded a 20-day Moving Average of 5.22% and the 50-Day Moving Average is 7.56%. In a related news, Reinland Andrew, officer (EVP, Chief Financial Officer) of F5 Networks Inc, unloaded 4,352 shares at an average price of $120.11 on June 7, 2016. The total amount of the transaction was worth $522,719, according to the disclosed information 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.

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