F5 Networks (FFIV) : Ahl Partners Llp scooped up 66,935 additional shares in F5 Networks during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 75,929 shares of F5 Networks which is valued at $10,778,122.F5 Networks makes up approximately 0.40% of Ahl Partners Llp’s portfolio.
Other Hedge Funds, Including , Blue Harbour Group boosted its stake in FFIV in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 967,742 shares of F5 Networks which is valued at $137,370,977. F5 Networks makes up approx 5.47% of Blue Harbour Group’s portfolio.Alerus Financial Na reduced its stake in FFIV by selling 23,204 shares or 91.62% in the most recent quarter. The Hedge Fund company now holds 2,122 shares of FFIV which is valued at $296,762. F5 Networks makes up approx 0.05% of Alerus Financial Na’s portfolio.Blackrock Advisors reduced its stake in FFIV by selling 1,976 shares or 2.48% in the most recent quarter. The Hedge Fund company now holds 77,670 shares of FFIV which is valued at $10,598,072. F5 Networks makes up approx 0.01% of Blackrock Advisors’s portfolio.D L Carlson Investment Group Inc reduced its stake in FFIV by selling 9,155 shares or 54.79% in the most recent quarter. The Hedge Fund company now holds 7,555 shares of FFIV which is valued at $1,030,880. F5 Networks makes up approx 0.37% of D L Carlson Investment Group Inc’s portfolio.Assetmark Inc reduced its stake in FFIV by selling 130 shares or 31.78% in the most recent quarter. The Hedge Fund company now holds 279 shares of FFIV which is valued at $37,869.
F5 Networks closed down -1.9 points or -1.32% at $142.01 with 8,59,616 shares getting traded on Monday. Post opening the session at $143.43, the shares hit an intraday low of $141.32 and an intraday high of $144.2809 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, F5 Networks reported $2.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.17 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $1.94. The company had revenue of $525.30 million for the quarter, compared to analysts expectations of $520.71 million. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.84 EPS.
Many Wall Street Analysts have commented on F5 Networks. F5 Networks was Upgraded by Nomura to ” Neutral” on Nov 9, 2016. F5 Networks was Upgraded by Piper Jaffray to ” Overweight” on Oct 27, 2016. Company shares were Reiterated by Wunderlich on Oct 27, 2016 to “Hold”, Firm has raised the Price Target to $ 130 from a previous price target of $110 .
F5 Networks Inc. is the developer and provider of application delivery services. The Company’s 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.