Qvt Financial Lp sold 195,665 shares as the company's stock rose 0.40% with the market. Quantum holds 0.07% or 2,271 shares in its portfolio. The company had revenue of $538.00 million for the quarter, compared to analyst estimates of $534.71 million.
In other F5 Networks news, EVP Benjamin Gibson sold 3,262 shares of the stock in a transaction that occurred on Tuesday, September 5th. 594,091 shares of the stock traded hands. Gray Television, Inc. (NYSE:GTN) has risen 15.17% since November 2, 2016 and is uptrending. It has outperformed by 2.99% the S&P500.
Macquarie Group Ltd increased F5 Networks Inc (FFIV) stake by 72.73% reported in 2017Q2 SEC filing. Shell Asset Management Co. now owns 11,624 shares of the network technology company's stock worth $1,380,000 after acquiring an additional 7,826 shares in the last quarter. The institutional investor held 205,293 shares of the technology company at the end of 2017Q2, valued at $26.08 million, down from 235,426 at the end of the previous reported quarter. Panagora Asset Management Inc. increased its position in shares of F5 Networks by 75.4% in the first quarter. Janus Henderson Group PLC now owns 748,290 shares of the network technology company's stock worth $95,081,000 after buying an additional 605,629 shares in the last quarter. About 835,380 shares traded. F5 Networks updated its Q1 guidance to $2.02-$2.05 EPS. It has outperformed by 4.58% the S&P500.
F5 Networks, Inc is a developer and provider of software defined application services. Therefore 17% are positive. BMO Capital Markets reissued an "outperform" rating and issued a $124.00 price target (down previously from $132.00) on shares of F5 Networks in a research report on Thursday, July 27th. The firm has "Buy" rating by Argus Research given on Thursday, December 24. Cowen & Co maintained F5 Networks, Inc. (NYSE:BRO) has "Sector Perform" rating given on Wednesday, October 21 by RBC Capital Markets. Morgan Stanley dropped their target price on F5 Networks from $130.00 to $120.00 and set an "equal weight" rating on the stock in a research report on Monday, October 9th. On Thursday, July 27 the stock rating was maintained by Drexel Hamilton with "Buy". The firm has "Hold" rating by RBC Capital Markets given on Sunday, October 8. As per Tuesday, January 12, the company rating was downgraded by Deutsche Bank. As per Friday, July 1, the company rating was maintained by Stifel Nicolaus. Following the transaction, the chief operating officer now directly owns 27,815 shares in the company, valued at approximately $3,448,781.85. The rating was downgraded by Zacks to "Hold" on Thursday, September 3.
F5 Networks declared that its Board of Directors has initiated a share buyback program on Wednesday, October 25th that allows the company to buyback $1.00 billion in outstanding shares. The stock has "Hold" rating by Needham on Thursday, October 26. More interesting news about F5 Networks, Inc. APG Asset Management N.V. grew its position in F5 Networks by 65.7% during the third quarter.
Investors sentiment increased to 0.99 in 2017 Q2. Its up 0.03, from 1.05 in 2017Q1. It increased, as 50 investors sold FFIV shares while 170 reduced holdings.
A number of other hedge funds have also recently added to or reduced their stakes in FFIV. Pnc Finance Svcs Grp holds 0% in F5 Networks, Inc. (NASDAQ:FFIV) for 10,702 shares. 8 are held by Parkside Financial Bank. Sumitomo Life reported 44,382 shares or 0.17% of all its holdings. (NASDAQ:FFIV) for 613 shares. Ghp Invest Advisors Incorporated holds 0.06% or 3,165 shares in its portfolio. Us Bank & Trust De stated it has 39,048 shares. State Board Of Administration Of Florida Retirement reported 104,584 shares. Dupont Cap Mngmt Corporation invested in 0.07% or 26,396 shares.
More notable recent Brown & Brown, Inc.
FFIV has been the topic of several research reports. Moreover, Telos Cap Mgmt Inc has 0.54% invested in F5 Networks, Inc. (NASDAQ:FFIV). State Of Tennessee Treasury Department holds 0.09% or 144,733 shares. Airain Ltd reported 64,054 shares. 9,000 are held by Employees Retirement Of Texas.
Since May 10, 2017, it had 0 insider buys, and 1 insider sale for $1.30 million activity. Macroview Investment Management Llc owns 12,351 shares or 1.01% of their USA portfolio. It also reduced Berry Global Group Inc (NYSE:BERY) stake by 6,755 shares and now owns 4,010 shares.
Among 42 analysts covering Micron Technology Inc. (NYSE:GTN) to report earnings on November, 14. After $0.28 actual EPS reported by Gray Television, Inc. for the previous quarter, Wall Street now forecasts -21.43% negative EPS growth. Therefore 83% are positive. Gray Television had 9 analyst reports since November 18, 2015 according to SRatingsIntel. On Wednesday, October 11 the stock rating was maintained by KeyBanc Capital Markets with "Hold". The company was maintained on Tuesday, August 8 by RBC Capital Markets. The company has a market capitalization of $7.60 billion, a PE ratio of 18.70, a P/E/G ratio of 1.92 and a beta of 1.01. The firm has "Buy" rating given on Monday, December 7 by Singular Research. (NASDAQ:FFIV) rating on Wednesday, January 13.
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