Large Outflow of Money Witnessed in F5 Networks

F5 Networks (FFIV) : Money flow in the F5 Networks (FFIV) stock was negative (3.11 million) on Friday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $16.69 million, compared to $19.8 million on downticks. The total uptick to downtick ratio was 0.84, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($2.84 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $2.84 million, indicating persistent selling. F5 Networks (FFIV) traded $1.85 higher at $123.71 gaining 1.52% over the previous days close.


F5 Networks (FFIV) : Average target price received by F5 Networks (FFIV) is $117.63 with an expected standard deviation of $15.9. The most aggressive target on the stock is $155, whereas the most downbeat target is $95. 16 financial analysts are currently covering the stock.

F5 Networks (NASDAQ:FFIV): stock turned positive on Friday. Though the stock opened at $121.46, the bulls momentum made the stock top out at $123.94 level for the day. The stock recorded a low of $121.18 and closed the trading day at $123.24, in the green by 1.13%. The total traded volume for the day was 893,013. The stock had closed at $121.86 in the previous days trading.

In a related news, 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.

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