Citigroup Inc. has significantly reduced its stake in F5, Inc. (NASDAQ:FFIV) by 20.4%, selling 16,912 shares and now holding 65,827 shares valued at approximately $21.28 million. This reduction comes as F5 beat earnings expectations, reporting $4.45 EPS against a $3.63 consensus and revenues of $822.47 million, exceeding analyst estimates of $755.97 million for the last quarter. Despite insider selling activity, with executives selling 22,918 shares, institutional investors maintain a substantial 90.66% ownership of the company.
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Citigroup Inc. Sells 16,912 Shares of F5, Inc. $FFIV
Citigroup Inc. has significantly reduced its stake in F5, Inc. (NASDAQ:FFIV) by 20.4%, selling 16,912 shares and now holding 65,827 shares valued at approximately $21.28 million. This reduction comes as F5 beat earnings expectations, reporting $4.45 EPS against a $3.63 consensus and revenues of $822.47 million, exceeding analyst estimates of $755.97 million for the last quarter. Despite insider selling activity, with executives selling 22,918 shares, institutional investors maintain a substantial 90.66% ownership of the company.