FFIV - F5 Networks, Inc.
| Previous Close | 133.96 |
| Open | 134.41 |
| Bid | 134.00 x 1200 |
| Ask | 135.82 x 800 |
| Day's Range | 134.18 - 136.07 |
| 52 Week Range | 121.36 - 173.44 |
| Volume | 605,386 |
| Avg. Volume | 628,496 |
| Market Cap | 8.257B |
| Beta (5Y Monthly) | 1.03 |
| PE Ratio (TTM) | 19.18 |
| EPS (TTM) | 7.08 |
| Earnings Date | Jan 26, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 155.21 |
- Business Wire
F5 Completes Acquisition of Shape Security
F5 Networks (NASDAQ: FFIV) announced today that it has completed the acquisition of Shape Security, a leader in online fraud and abuse prevention, adding protection from automated attacks, botnets, and targeted fraud to F5’s world-class portfolio of application services. On December 19, 2019, F5 announced that it had entered into an agreement to acquire Shape.
- Zacks
F5 Networks (FFIV) to Post Q1 Earnings: What's in Store?
Growth in software solution is likely to have driven F5 Networks' (FFIV) first-quarter fiscal 2020 results. However, seasonal contraction in margins is expected to have been an overhang.
- Zacks
Earnings Preview: F5 Networks (FFIV) Q1 Earnings Expected to Decline
F5 (FFIV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- American City Business Journals
John McAdam will step down from F5 Networks board
John McAdam has been on F5's board since 2000 and served as the company's CEO for more than 16 years.
- Simply Wall St.
Investors Who Bought F5 Networks (NASDAQ:FFIV) Shares A Year Ago Are Now Down 18%
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. But if...
- Business Wire
F5 Networks Announces Date for First Quarter Fiscal Year 2020 Earnings Conference Call and Webcast
F5 Networks, Inc. (NASDAQ: FFIV) today announced it will report its first quarter fiscal year 2020 financial results on Monday, January 27, 2020 following the market close. In conjunction with the announcement, F5 will host a live conference call and webcast to review the quarter’s results beginning at 4:30 p.m. ET.
- American City Business Journals
Major Seattle employers strategize around 10-week light rail disruption
Link light rail service will have less frequent and more crowded service through March 15 while construction is underway to connect Seattle's system to the new Eastside line.
- American City Business Journals
Behind the deal: F5 Networks will use Shape Security's cloud analytics across its products
While F5 will continue selling Shape products independently, the company plans to integrate its artificial intelligence and machine learning analytics cloud across its own technology and Nginx products.
- American City Business Journals
Global groups snap up 3 Seattle-area trophies for more than $1.7B
Invesco and KKR are the new owners of three large commercial real estate properties leased by Amazon, F5 Networks and Microsoft. New York-based KKR on Monday said it paid over $1.2 billion for the Summit campus in Bellevue and F5 Tower in Seattle.
- TheStreet.com
F5's Acquisition of Shape Security Could Boost Growth, But Weigh on Earnings
F5 Networks' $1 billion acquisition of Shape Security, a cloud security vender, could mean improved long-term prospects with some near-term risks. Shares of F5 Networks have fallen 3.2% since the deal, which was financed through cash on hand plus $400 million in investment, was announced on Dec. 19. Shape Security provides fraud defense to banks, airlines, retailers and other organizations, and the acquisition opens up a $4 billion market opportunity as well as "an easy sell to its existing customer base," wrote CFRA Research Analyst Keith Snyder in a note on Tuesday.
- Zacks
F5 Networks to Buy Shape, Boost App-Security Capabilities
The integration of Shape Security will complement F5 Networks' (FFIV) cloud security capabilities with its fraud and abuse prevention features.
- Investor's Business Daily
F5 Stock Falls On Acquisition, As Deal Heightens Akamai Rivalry
F5 Networks made its second large acquisition in 2019, agreeing to purchase security software maker Shape Security for $1 billion in cash. The deal will increase competition with Akamai.
- Barrons.com
The Dow Is Up 129 Points Because This Streak Won’t End
The three major U.S. stock market indexes continued to rise after closing at record levels on Thursday.
- TheStreet.com
F5 Networks Falls on Shape Security Acquisition but Analysts See Long-Term Potential
Analysts say that F5 Networks' $1 billion acquisition of Shape Security is a good strategic move but it will be costly in the near term.
- American City Business Journals
F5 Networks to buy Santa Clara-based Shape Security for $1B
Shape Security's co-founder and CEO Derek Smith and the leadership team is expected to join F5 in management roles and the company will remain in its current Santa Clara headquarters.
- MarketWatch
F5 Networks to acquire Shape Security for $1 billion
F5 Networks Inc. said late Thursday it will acquire privately held cybersecurity company Shape Security in a deal with an enterprise value of $1 billion. In a statement, F5 said the "acquisition brings together F5's expertise in protecting applications across multi-cloud environments with Shape's fraud and abuse prevention capabilities to transform application security." The company expects the deal to close by the first quarter of 2020, funded by cash on hand and $400 million in financing. F5 shares were flat after hours, following a 2.4% rise to close the regular session at $42.94.
- Business Wire
F5 to Acquire Shape Security, Transforming Application Security
F5 Networks, Inc. (NASDAQ: FFIV) and Shape Security today announced a definitive agreement under which F5 will acquire all issued and outstanding shares of the privately held Shape for a total enterprise value of approximately $1 billion in cash, subject to certain adjustments.
- Simply Wall St.
What Does F5 Networks, Inc.'s (NASDAQ:FFIV) Share Price Indicate?
F5 Networks, Inc. (NASDAQ:FFIV), which is in the communications business, and is based in United States, saw...
- Bloomberg
Russia Raids Office of U.S. Web Server Giant in Copyright Clash
(Bloomberg) -- Russian police raided the offices of Nginx Inc., a U.S. company behind one of the largest web server projects, and briefly detained its founder in a case that could stoke renewed fears of law enforcement being used to settle corporate disputes.Russia’s Rambler Group, the parent company of one of the country’s biggest search engines and internet portals, said in a statement Thursday it uncovered copyright violations to its exclusive rights to Nginx, which was acquired by Seattle-based F5 Networks Inc. this year in a deal that valued the company at $670 million.The dispute centers around the development of Nginx’s original open-source web server code by Igor Sysoev when he worked at Rambler nearly two decades ago, so Rambler sees itself as the rightful owner of the code. Nginx was first released publicly in 2004. It now controls more than 30% of the server market for web-facing computers, behind only the Apache Foundation, according to Netcraft, which monitors the industry.The raid is the latest example of the widespread use of Russian law enforcement in corporate disputes. U.S. investor Michael Calvey, one of the most successful private equity investors in Russia, was jailed this year and remains under house arrest over what he claims is a business conflict.Maxim Konovalov, who co-founded Nginx Inc. in 2011, linked the raid to the May sale of the company. He and his partner Sysoev were briefly detained during the Thursday raids of their apartments and the company’s Moscow office.“We fear for our freedom,” Konovalov said by phone. “Rambler didn’t pay attention to us in the preceding years.” Konovalov said he and Sysoev are “not going to flee Russia. We will stay and we will fight.”Igor Ashmanov, who was an executive at Rambler when Sysoev worked there, said Sysoev had started developing the technology underlying Nginx before he joined the company. Sysoev left Rambler in 2011 to co-found Nginx. The company is based in San Francisco but has offices around the world.Yandex NV, Russia’s biggest tech company, called the raid a “very bad signal.” Several IT industry associations condemned the action, according to an open letter published on the Govorit Moskva radio station’s website.Rambler, owned by billionaire Alexander Mamut and Sberbank PJSC, said it ceded its rights to Nginx to a Cyprus-owned holding company, Lynwood Investments CY Ltd.Lynwood is controlled by Mamut’s son Nikolai, according to Interfax news agency.Lynwood said by email it informed law enforcement about the situation and the authorities opened up a criminal case. The company declined to comment on its ownership.F5 and the police did not immediately respond to requests for comment.Sberbank First Deputy Chief Executive Lev Khasis, who is the chairman of Rambler’s board, said he found out about the dispute via media reports and has requested an extraordinary board meeting this month to deal with it.“I don’t like that this is a criminal trial,” Sberbank Chairman Herman Gref told Forbes, adding that this is a case for the arbitration court.Despite pledges from President Vladimir Putin to better protect business from inappropriate pressure from law enforcement, it remains a common tool to settle commercial disputes in Russia.A survey by the Kremlin’s business ombudsman found 84% of business executives who are subject to criminal investigations end up losing part or all of their business, RBC reported earlier this year.\--With assistance from Anna Baraulina and Ilya Arkhipov.To contact the reporters on this story: Stepan Kravchenko in Moscow at skravchenko@bloomberg.net;Jake Rudnitsky in Moscow at jrudnitsky@bloomberg.netTo contact the editors responsible for this story: Torrey Clark at tclark8@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Insider Monkey
Should You Avoid F5 Networks, Inc. (FFIV)?
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […]
- Benzinga
Bank Of America Downgrades F5 Networks, Negative Secular Trends Too Large To Ignore
F5 Networks, Inc. (NASDAQ: FFIV ) has been facing prolonged pressure on revenue growth due to the secular shift in demand from appliance-based Application Delivery Controllers (ADC) to software and cloud-based ...
- American City Business Journals
This is what workers earn at some of Washington's largest public companies
It's only the second year median worker pay disclosures have been required, and not all the more than 70 public companies in Washington state have released those figures.
- Business Wire
F5 to Participate in the Credit Suisse 23rd Annual Technology Conference
F5 Networks, Inc. today announced that it will participate in the Credit Suisse 23rd Annual Technology Conference in Scottsdale, Ariz.
- Zacks
Why Is F5 (FFIV) Down 2.3% Since Last Earnings Report?
F5 (FFIV) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
