Is Buying All-time Stock Like F5 Networks, Inc. (FFIV) a Winning Strategy?

April 17, 2018 - By Harriett Tippett

F5 Networks, Inc. (NASDAQ:FFIV) Logo

Investors sentiment is 0.84 in Q4 2017. Its the same as in 2017Q3. It is the same, as 42 investors sold F5 Networks, Inc. shares while 174 reduced holdings. only 67 funds opened positions while 115 raised stakes. 55.68 million shares or 7.29% less from 60.06 million shares in 2017Q3 were reported.
Oppenheimer And Communications Incorporated has 1,875 shares for 0.01% of their portfolio. Amalgamated Fincl Bank holds 0.03% or 8,379 shares. Macquarie Limited reported 6,500 shares. Bnp Paribas Arbitrage holds 48,214 shares. Moreover, Victory has 0% invested in F5 Networks, Inc. (NASDAQ:FFIV) for 16,033 shares. The Germany-based Deutsche Bancorporation Ag has invested 0.04% in F5 Networks, Inc. (NASDAQ:FFIV). Ahl Prtnrs Ltd Liability Partnership accumulated 0.06% or 29,081 shares. Ajo Ltd Partnership accumulated 79,657 shares. Moreover, Sg Americas Secs Ltd Liability Corp has 0.03% invested in F5 Networks, Inc. (NASDAQ:FFIV). Wells Fargo Mn, California-based fund reported 260,427 shares. Moreover, Trexquant Investment Limited Partnership has 0.07% invested in F5 Networks, Inc. (NASDAQ:FFIV) for 4,572 shares. New York-based Glg Ltd Co has invested 0.13% in F5 Networks, Inc. (NASDAQ:FFIV). Lazard Asset Management Limited Co owns 189,156 shares for 0.05% of their portfolio. And Mngmt Com has 12,665 shares for 0.51% of their portfolio. Credit Agricole S A holds 0.29% or 32,781 shares in its portfolio.

Since February 1, 2018, it had 0 insider buys, and 9 selling transactions for $8.86 million activity. On Thursday, February 1 Rogers Scot Frazier sold $396,540 worth of F5 Networks, Inc. (NASDAQ:FFIV) or 2,738 shares. On Tuesday, February 20 MCADAM JOHN sold $3.60 million worth of F5 Networks, Inc. (NASDAQ:FFIV) or 25,000 shares. Kearny Ryan C. had sold 7,518 shares worth $1.09M on Thursday, February 1. Locoh-Donou Francois had sold 1,675 shares worth $239,281. 3,801 F5 Networks, Inc. (NASDAQ:FFIV) shares with value of $542,378 were sold by DiLullo John D. HIGGINSON ALAN had sold 2,000 shares worth $289,014.

The stock of F5 Networks, Inc. (NASDAQ:FFIV) reached all time high today, Apr, 17 and still has $172.86 target or 9.00 % above today’s $158.59 share price. This indicates more upside for the $9.81B company. This technical setup was reported by Barchart.com. If the $172.86 PT is reached, the company will be worth $882.72M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 2.15% or $3.34 during the last trading session, reaching $158.59. About 783,279 shares traded. F5 Networks, Inc. (NASDAQ:FFIV) has declined 1.06% since April 17, 2017 and is downtrending. It has underperformed by 12.61% the S&P500.

Analysts await F5 Networks, Inc. (NASDAQ:FFIV) to report earnings on April, 25. They expect $1.73 EPS, up 18.49 % or $0.27 from last year’s $1.46 per share. FFIV’s profit will be $106.99 million for 22.92 P/E if the $1.73 EPS becomes a reality. After $1.83 actual EPS reported by F5 Networks, Inc. for the previous quarter, Wall Street now forecasts -5.46 % negative EPS growth.

F5 Networks, Inc. (NASDAQ:FFIV) Ratings Coverage

Among 14 analysts covering F5 Networks (NASDAQ:FFIV), 6 have Buy rating, 1 Sell and 7 Hold. Therefore 43% are positive. F5 Networks had 19 analyst reports since October 26, 2017 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, January 25 by BMO Capital Markets. On Tuesday, February 6 the stock rating was initiated by Goldman Sachs with “Hold”. Morgan Stanley maintained F5 Networks, Inc. (NASDAQ:FFIV) on Wednesday, January 24 with “Equal-Weight” rating. The rating was maintained by Cowen & Co on Thursday, October 26 with “Buy”. The stock of F5 Networks, Inc. (NASDAQ:FFIV) has “Buy” rating given on Thursday, January 4 by BMO Capital Markets. The firm has “Hold” rating given on Wednesday, January 10 by Piper Jaffray. The company was maintained on Thursday, January 25 by Piper Jaffray. The firm has “Buy” rating by Bank of America given on Thursday, January 25. On Thursday, October 26 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Buy” rating by William Blair on Friday, April 13.

F5 Networks, Inc. develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. The company has market cap of $9.81 billion. It offers Local Traffic Manager, which provides intelligent load-balancing, traffic management, and application health checking; BIG-IP DNS that automatically directs users to the closest or best-performing physical, virtual, or cloud environment; Link Controller, which monitors the health and availability of each connection in organizations with more than one Internet service provider; Advanced Firewall Manager, a network firewall; and Application Security Manager, an Web application firewall that provides comprehensive, proactive, and application-layer protection against generalized and targeted attacks. It has a 24.47 P/E ratio. The firm also provides Access Policy Manager, which provides secure, granular, and context-aware access to networks and applications; Carrier-Grade Network Address Translation, which offers a set of tools that enables service providers to migrate to IPv6 while continuing to support and interoperate with existing IPv4 devices and content; and Policy Enforcement Manager that offers traffic classification capabilities to identify the specific applications and services to service providers.

F5 Networks, Inc. (NASDAQ:FFIV) Institutional Positions Chart

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