On November 4, 2024, Scot Rogers, Executive Vice President and General Counsel of F5 Inc (FFIV, Financial), sold 4,535 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 22,314 shares of F5 Inc.
F5 Inc specializes in multi-cloud application services and application delivery networking (ADN) solutions. These services are crucial for the development and delivery of network-based applications, as well as the security, performance, and availability of servers, data storage devices, and other network resources.
Over the past year, Scot Rogers has sold a total of 10,770 shares and has not purchased any shares of F5 Inc. This recent sale is part of a broader trend within the company, where there have been 38 insider sells and no insider buys over the same timeframe.
Shares of F5 Inc were trading at $231.86 on the day of the transaction, giving the company a market cap of approximately $13.95 billion. The price-earnings ratio of the stock stands at 25.12, which is slightly lower than the industry median of 26.3 but higher than the company’s historical median.
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.
This insider sale might interest investors tracking insider behaviors as a gauge of the company’s health and future prospects, especially in the context of its current valuation and stock performance.
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.
