Thomas Fountain, the Executive Vice President of Global Services & Strategy at F5 Inc (FFIV, Financial), sold 851 shares of the company on August 2, 2024, as reported in a recent SEC filing. Following this transaction, the insider now owns 16,000 shares of F5 Inc.
F5 Inc specializes in multi-cloud application services and application delivery networking (ADN) technologies for availability, performance, and security of network applications and the cloud.
Over the past year, Thomas Fountain has sold a total of 6,826 shares and has not purchased any shares. The company's insider transaction history reveals a pattern of 35 insider sales and no insider buys over the same period.
On the day of the sale, shares of F5 Inc were priced at $192.71, giving the company a market cap of approximately $10.91 billion. The price-earnings ratio of the stock stands at 20.10, which is below the industry median of 26.18 and also lower than the company's historical median.
The stock's GF Value is estimated at $172.34, leading to a price-to-GF-Value ratio of 1.12, indicating that the stock is Fairly Valued. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from analysts.
This recent insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment.
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.
