Director Alan Higginson Sells 1,000 Shares of F5 Inc (FFIV)
On March 7, 2024, Alan Higginson, a director of F5 Inc (NASDAQ:FFIV), sold 1,000 shares of the company. The transaction was reported in a SEC Filing. F5 Inc is a technology company that specializes in application services and application delivery networking (ADN). The company's products and services are designed to ensure the security, performance, and availability of network applications.
Over the past year, the insider has sold a total of 2,000 shares of F5 Inc and has not made any purchases of the stock. This latest sale continues a trend observed over the past year, where there have been no insider buys but a total of 32 insider sells for the company.
On the date of the insider's recent sale, shares of F5 Inc were trading at $190.43, giving the company a market capitalization of $11.345 billion. The price-earnings ratio of the company stood at 25.09, which is lower than the industry median of 27.61 and also below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio was 1.08, with a GF Value of $176.87, indicating that F5 Inc was Fairly Valued according to GuruFocus's valuation metrics. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which takes into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent selling activity by insiders at F5 Inc, which may be of interest to investors monitoring insider behaviors as an indicator of company performance or future stock movement.
The GF Value image provides a visual representation of the stock's current valuation in relation to its intrinsic value, as estimated by GuruFocus.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
