On September 9, 2024, Alan Higginson, a Director at F5 Inc (FFIV, Financial), sold 1,000 shares of the company at a price of $201.65 per share. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 10,707 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, Alan Higginson has engaged in multiple transactions involving the company's stock, selling a total of 3,000 shares and purchasing none. This recent sale is part of a broader trend observed at F5 Inc, where there have been 36 insider sells and no insider buys over the last year.
As of the date of the sale, F5 Inc's shares were trading at $201.65, giving the company a market cap of approximately $11.73 billion. The company's price-earnings ratio stands at 21.62, which is below the industry median of 25.6 and also lower than its historical median.
According to the GF Value, which is an intrinsic value estimate used by GuruFocus, F5 Inc is currently modestly overvalued with a price-to-GF-Value ratio of 1.16. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company’s future performance or stock valuation adjustments.
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.
