Thursday, February 22, 2018 10:15 PM ET
F5 Networks (FFIV) Insider Makes Significant Share Sale
There was a significant insider sale of F5 Networks shares today, as indicated in a filing with the SEC as — John McAdam, Director — sold 25,000 shares in the company having a market value of approximately $3,599,651 There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 10,933 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 35,933 shares and have averaged 7,187 shares per transaction over this time period.
The number of insider buy/sell trades at F5 Networks is above that of the 162 peer company average over the last 90-day period. The IT Services & Consulting peer group saw 220 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares traded per transaction by F5 Networks insiders is lower than its peers. Within the peer group there were 749,597 shares purchased and 2,186,576 shares sold with company insiders selling 6,532 shares on average over this time period.
To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data obtained to compose and write this story.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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