F5 evp, general counsel Angelique Okeke disposes of $326,328 in stock
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F5 evp, general counsel Angelique Okeke disposes of $326,328 in stock
Angelique M. Okeke, Executive Vice President and General Counsel at F5, Inc. (NASDAQ:FFIV), sold 1,007 shares of common stock on November 3, 2026. The transaction was executed at a price of $324.06 per share, totaling approximately $326,328. The sale came as F5 shares have declined nearly 8% over the past week, with the stock currently trading at $311.74.
Following this sale, Ms. Okeke directly holds 2,862 shares of F5, Inc. common stock. The transaction was carried out pursuant to a Rule 10b5-1 trading plan, which was established on October 30, 2025. According to InvestingPro analysis, F5 appears modestly undervalued at current levels. Investors can access comprehensive Pro Research Reports covering F5 and 1,400+ other US stocks for deeper insights.
In other recent news, F5 Networks reported strong fiscal fourth-quarter 2026 results, surpassing Wall Street expectations with revenue of $917 million and adjusted earnings per share of $4.42. These figures exceeded analyst estimates of $884 million in revenue and $4.26 earnings per share. The company experienced significant growth, with product revenue increasing by 23% year over year, contributing to a total revenue rise of 13%. Evercore ISI responded to these results by raising its price target for F5 Networks to $500, maintaining an Outperform rating due to anticipated AI growth. However, Piper Sandler downgraded F5 Networks to Neutral from Overweight, citing valuation concerns, though it kept the price target at $461. The firm noted that F5 Networks is benefiting from hybrid multi-cloud adoption and vendor consolidation. Despite the positive earnings report, shares fell after hours as investors assessed the company’s cautious outlook. F5 Networks continues to invest in sales, marketing, and inventory to support ongoing growth.
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