Yahoo Finance Insider Sale: Director Michael Dreyer Sells Shares of F5 Inc (FFIV)
On May 30, 2024, Michael Dreyer, Director at F5 Inc (NASDAQ:FFIV), executed a sale of 2,250 shares of the company. The transaction was filed through an SEC Filing. Following this transaction, the insider now owns 4,867 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 storage systems.
The shares were sold at a price of $167.93, valuing the transaction at approximately $378,342.75. This sale contributes to a total of 33 insider sells over the past year, with no insider buys recorded in the same period.
The current market cap of F5 Inc stands at approximately $9.78 billion. The stock's price-earnings ratio is 19.99, which is lower than the industry median of 26.415. This indicates a valuation that is less expensive relative to its peers.
According to the GF Value, the intrinsic value of F5 Inc is estimated at $171.82 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 0.98.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels concerning the company's current valuation and future business prospects.
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.
This article first appeared on GuruFocus.
