Needham Maintains a Hold Rating on F5 Networks (FFIV)


Needham analyst Alex Henderson maintained a Hold rating on F5 Networks (FFIV) today. The company’s shares closed last Monday at $138.32.

According to TipRanks.com, Henderson is a 5-star analyst with an average return of 13.9% and a 51.7% success rate. Henderson covers the Consumer Goods sector, focusing on stocks such as Cisco Systems Inc, Lumentum Holdings, and Juniper Networks.

Currently, the analyst consensus on F5 Networks is a Moderate Buy with an average price target of $158.57.

See today’s analyst top recommended stocks >>

F5 Networks’ market cap is currently $8.32B and has a P/E ratio of 17.97. The company has a Price to Book ratio of 5.12.

Based on the recent corporate insider activity of 95 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FFIV in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

F5 Networks, Inc. engages development and provision of software defined application services. It offers the development, marketing and sale of application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts