Insider Sale: EVP, Worldwide Sales Chad Whalen Sells 4,461 Shares of F5 Inc (FFIV)

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Nov 07, 2024
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On November 4, 2024, Chad Whalen, Executive Vice President, Worldwide Sales at F5 Inc (FFIV, Financial), executed a sale of 4,461 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now owns 29,374 shares of F5 Inc.

F5 Inc specializes in multi-cloud application services and application delivery networking (ADN) for the delivery of web applications, as well as security, server load balancing, and data storage services.

Over the past year, Chad Whalen has sold a total of 11,352 shares and has not made any purchases of the company's stock. In the same period, there have been 38 insider sells and no insider buys at F5 Inc.

Shares of F5 Inc were priced at $231.93 on the day of the transaction. The company has a market cap of approximately $13.95 billion. The price-earnings ratio of F5 Inc stands at 25.12, which is below the industry median of 26.3 but above the historical median for the company.

The stock is currently considered Significantly Overvalued with a price-to-GF Value ratio of 1.32, based on a GF Value of $175.20. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.

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This sale by the insider may interest investors tracking insider behaviors, especially in the context of the stock's valuation and recent price trends.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.