F5 evp, general counsel Angelique Okeke disposes of $326,328 in stock
Angelique Okeke, F5 Inc.'s Executive Vice President and General Counsel, transferred 1,007 shares of the company's common stock on November 3rd, 2026. She sold these shares at a price of $324.06 each, amounting to a total of roughly $326,328. The sale took place during a period when F5's stock price had dropped about 8% in the preceding week, with the stock currently valued at $311.74.
Post-transaction, Ms. Okeke personally owns 2,862 shares of F5 Inc. common stock. This transaction was conducted according to a Rule 10b5-1 trading plan that was set up on October 30th, 2025. According to InvestingPro analysis, F5 Inc. appears modestly undervalued at its current price point. For more detailed insights, investors can explore the company's Pro Research Reports, which cover F5 Inc. and over 1,400 other U.S. stocks.
In related news, F5 Networks recently released its fourth-quarter 2026 financial results, surpassing market expectations. The company reported revenue of $917 million and adjusted earnings per share of $4.42, both higher than analysts' estimates of $884 million in revenue and $4.26 in earnings per share. This strong performance, driven by a 23% year-over-year increase in product revenue, contributed to an overall revenue growth of 13%.
Following these results, Evercore ISI increased its price target for F5 Networks to $500 and maintained an "Outperform" rating, citing potential AI growth. Conversely, Piper Sandler lowered its rating to "Neutral" from "Overweight," expressing valuation concerns, yet retained a price target of $461, highlighting F5 Networks' growth in hybrid multi-cloud adoption and vendor consolidation.
Despite the positive earnings report, F5 Networks' shares declined in after-hours trading as investors weighed the company's cautious outlook. The firm is continuing to invest in sales, marketing, and inventory to fuel its ongoing growth trajectory.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.