Swedbank Lowered F5 Networks (FFIV) Position; Knight Transportation (KNX) Has 1.24 Sentiment

June 19, 2017 - By marketbeat

Knight Transportation, Inc. is a provider of multiple truckload transportation and logistics services, which involve the movement of trailer or container loads of freight from origin to destination for a single customer. The company has market cap of $2.91 billion. The Firm operates through two divisions: Trucking and Logistics. It has a 34.29 P/E ratio. The Company’s Trucking segment consists of three operating units: dry van truckload, temperature-controlled truckload and drayage services.

Swedbank decreased F5 Networks Inc (FFIV) stake by 17.79% reported in 2016Q4 SEC filing. Swedbank sold 400,275 shares as F5 Networks Inc (FFIV)’s stock declined 11.30%. The Swedbank holds 1.85 million shares with $267.75M value, down from 2.25 million last quarter. F5 Networks Inc now has $8.44B valuation. The stock rose 1.06% or $1.37 reaching $130.56. About 62,149 shares traded. F5 Networks, Inc. (NASDAQ:FFIV) has risen 21.28% since June 19, 2016 and is uptrending. It has outperformed by 4.58% the S&P500.

Since January 1, 0001, it had 0 buys, and 6 selling transactions for $1.80 million activity.

Sib Llc holds 9.22% of its portfolio in Knight Transportation for 345,622 shares. Dudley & Shanley Llc owns 771,800 shares or 5.43% of their US portfolio. Moreover, Grandeur Peak Global Advisors Llc has 3.07% invested in the company for 507,270 shares. The Kentucky-based Harvey Investment Co Llc has invested 2.78% in the stock. Wasatch Advisors Inc, a Utah-based fund reported 5.58 million shares.

About 71,251 shares traded. Knight Transportation (KNX) has risen 26.59% since June 19, 2016 and is uptrending. It has outperformed by 9.89% the S&P500.

Analysts await Knight Transportation (NYSE:KNX) to report earnings on July, 26. They expect $0.25 earnings per share, down 19.35% or $0.06 from last year’s $0.31 per share. KNX’s profit will be $19.99M for 36.40 P/E if the $0.25 EPS becomes a reality. After $0.18 actual earnings per share reported by Knight Transportation for the previous quarter, Wall Street now forecasts 38.89% EPS growth.

Ratings analysis reveals 0 of Knight Transportation’s analysts are positive. Out of 3 Wall Street analysts rating Knight Transportation, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $29.0 while the high is $32.0. The stock’s average target of $30.50 is -16.21% below today’s ($36.4) share price. KNX was included in 3 notes of analysts from November 2, 2016. As per Wednesday, November 2, the company rating was initiated by Deutsche Bank. On Friday, December 16 the stock rating was downgraded by Stifel Nicolaus to “Hold”. Cowen & Co maintained the stock with “Market Perform” rating in Thursday, January 26 report.

Since February 1, 2017, it had 0 insider purchases, and 13 selling transactions for $9.54 million activity. Another trade for 10,000 shares valued at $1.30M was sold by MCADAM JOHN. Kearny Ryan C. sold $108,248 worth of F5 Networks, Inc. (NASDAQ:FFIV) on Monday, May 1. On Monday, May 1 DiLullo John D sold $436,461 worth of F5 Networks, Inc. (NASDAQ:FFIV) or 3,420 shares. Another trade for 2,406 shares valued at $318,462 was sold by Rogers Scot Frazier. On Monday, May 1 Reinland Andrew sold $794,368 worth of F5 Networks, Inc. (NASDAQ:FFIV) or 6,235 shares. 3,954 shares were sold by Chadwick Jonathan, worth $541,698. Another trade for 4,645 shares valued at $593,442 was made by EAMES EDWARD JULIAN on Monday, May 1.

Investors sentiment increased to 0.93 in 2016 Q4. Its up 0.10, from 0.83 in 2016Q3. It improved, as 41 investors sold FFIV shares while 197 reduced holdings. 71 funds opened positions while 151 raised stakes. 60.27 million shares or 2.18% more from 58.99 million shares in 2016Q3 were reported. Vanguard Group holds 0.05% in F5 Networks, Inc. (NASDAQ:FFIV) or 6.23 million shares. 51,688 are owned by Great West Life Assurance Can. Pggm owns 279,878 shares. Sawgrass Asset Management Ltd holds 188,920 shares. Pensionfund Dsm Netherlands has invested 0.54% in F5 Networks, Inc. (NASDAQ:FFIV). Epoch Invest Ptnrs reported 1.32M shares. Sg Americas Secs Lc owns 19,377 shares or 0.02% of their US portfolio. Credit Suisse Ag owns 246,133 shares. Moreover, Parametric Port Associate Limited Liability Company has 0.02% invested in F5 Networks, Inc. (NASDAQ:FFIV). Natl Bank Of Hawaii holds 2,950 shares. The Illinois-based Guggenheim Capital Limited Company has invested 0.23% in F5 Networks, Inc. (NASDAQ:FFIV). Meiji Yasuda Asset Limited invested 0.08% of its portfolio in F5 Networks, Inc. (NASDAQ:FFIV). Guernsey-based Bluecrest has invested 0.01% in F5 Networks, Inc. (NASDAQ:FFIV). Moreover, Blackrock Mngmt Ltd Limited Liability Company has 0.02% invested in F5 Networks, Inc. (NASDAQ:FFIV) for 142,818 shares. Dupont Cap reported 36,164 shares or 0.12% of all its holdings.

Analysts await F5 Networks, Inc. (NASDAQ:FFIV) to report earnings on July, 26 after the close. They expect $1.59 EPS, up 12.77% or $0.18 from last year’s $1.41 per share. FFIV’s profit will be $102.78 million for 20.53 P/E if the $1.59 EPS becomes a reality. After $1.46 actual EPS reported by F5 Networks, Inc. for the previous quarter, Wall Street now forecasts 8.90% EPS growth.

Swedbank increased Jpmorgan Chase & (NYSE:JPM) stake by 423,743 shares to 4.42 million valued at $381.45M in 2016Q4. It also upped Oracle Corp (NYSE:ORCL) stake by 2.78M shares and now owns 5.78 million shares. Avago Technologi was raised too.

Among 31 analysts covering F5 Networks Inc. (NASDAQ:FFIV), 6 have Buy rating, 2 Sell and 23 Hold. Therefore 19% are positive. F5 Networks Inc. had 69 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, July 21 by Wunderlich. The firm earned “Neutral” rating on Thursday, April 21 by Robert W. Baird. The rating was downgraded by Sterne Agee CRT on Friday, January 15 to “Neutral”. The rating was downgraded by Zacks to “Hold” on Thursday, September 3. On Wednesday, November 30 the stock rating was downgraded by Bernstein to “Mkt Perform”. The rating was maintained by Deutsche Bank on Thursday, April 21 with “Hold”. On Monday, August 3 the stock rating was downgraded by Buckingham Research to “Neutral”. Dougherty & Company downgraded the stock to “Neutral” rating in Friday, November 13 report. The rating was downgraded by Sterne Agee CRT to “Neutral” on Monday, January 18. The stock has “Hold” rating by Needham on Thursday, October 29.

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