Optimum Investment Advisors and
SG Americas Securities LLC have reportedly increased their stake in
F5, Inc. However, CEO
Francois Locoh-Donou and EVP
Thomas Dean Fountain have sold F5 shares, pointing towards mixed signals from key players. The company's
Q3 earnings and
revenues surpassed expectations, contributing to a positive performance in the financial market. The stock was upgraded by StockNews.com to a
“Strong-Buy”. F5 ended the third quarter of fiscal year 2024 with revenues at the top end of its guidance range, anticipating its fiscal year 2024 revenue around
$2.8 billion buoyed by software strength. Despite this, F5 stock underperformed on certain days compared to its competitors. Analysts from firms like
Piper Sandler,
JPMorgan Chase & Co., and
Evercore ISI have increased their price targets for F5. Significant
investments have been made by various firms including
Janus Henderson Group. However, legal entities like
Lazard Asset Management and
American International Group have reportedly unloaded F5 shares.
F5 FFIV News Analytics from Tue, 30 Jan 2024 08:00:00 GMT to Sun, 11 Aug 2024 14:38:41 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -2
