Large Inflow of Money Detected in F5 Networks

F5 Networks (FFIV) : On Tuesday, The money flowed into the F5 Networks (FFIV) stock with an uptick to downtick ratio was recorded at 1.97. Transactions worth $19.07 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $9.68 million. The total money flow into the stock was $9.39 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $9.73 million of block transactions on upticks. The total money flow in block trades was $9.73 million. In terms of price action, F5 Networks (FFIV) traded down $0.45 during the session at $124.36. Compared to the previous days closing, the stock was down only by -0.36%. For the week, the stock is 0.26%, over previous weeks closing.


Also, DA Davidson maintains their rating on the shares of F5 Networks (NASDAQ:FFIV). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $145 per share from $125.34 per share. The rating by the firm was issued on August 12, 2016.

F5 Networks, Inc. has dropped 0.44% in the last five trading days, however, the shares have posted positive gains of 0.53% in the last 4 weeks. F5 Networks, Inc. is up 13.58% in the last 3-month period. Year-to-Date the stock performance stands at 28.26%.

F5 Networks (NASDAQ:FFIV): The stock opened at $124.79 on Tuesday but the bulls could not build on the opening and the stock topped out at $125.77 for the day. The stock traded down to $124.09 during the day, due to lack of any buying support eventually closed down at $124.36 with a loss of -0.36% for the day. The stock had closed at $124.81 on the previous day. The total traded volume was 417,477 shares.

In a related news,The director officer (President and CEO) of F5 Networks Inc, Mcadam John sold 7,169 shares at $126.11 on August 10, 2016. The Insider selling transaction had a total value worth of $904,083. 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.

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