Insider Sale: EVP Global Services & Strategy Thomas Fountain Sells Shares of F5 Inc (FFIV)

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Nov 07, 2024
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On November 4, 2024, Thomas Fountain, EVP Global Services & Strategy of F5 Inc (FFIV, Financial), executed a sale of 3,932 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now owns 20,386 shares of F5 Inc.

F5 Inc specializes in multi-cloud application services and application delivery networking (ADN). The company's solutions ensure the security, performance, and availability of network applications, servers, and data storage.

Over the past year, Thomas Fountain has sold a total of 6,485 shares and has not purchased any shares. This recent sale is part of a broader trend within F5 Inc, where there have been 38 insider sells and no insider buys over the past year.

Shares of F5 Inc were priced at $231.9 on the day of the sale. 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 company's historical median.

According to the GF Value, the intrinsic value of F5 Inc is estimated at $175.20 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.32.

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This valuation is based on historical trading multiples, an adjustment factor from GuruFocus for past returns and growth, and future business performance estimates from Morningstar analysts.

The recent insider selling activity and the current stock valuation suggest that potential investors should closely monitor F5 Inc for any further developments or changes in market conditions.

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.