FFIV

Requested read · Friday 21 August 2026, 22:42 · same framework and thresholds as the weekly CFO screen

Market regime: SPY above its rising 200DMA; efficiency ratio 0.06 — overlapping, stand aside. Stage: Mature Trend.
FFIV
F5, Inc.
Stand aside — insiders are net sellers — net purchase ratio -1.00 over the last 180 days (10 selling vs 0 buying). There is no offsetting insider purchase — this is one-way selling. (+1 more)
Early Trend Expansion XLK sector confirmed 1 insider(s) net purchase ratio -1.00 buy date unknown
70
conviction / 100
+0.5 since 21 Aug
87.0
technical / 100
$0–$0
No trade / watch only · Hard gate breached.
Regime clarity14.0
Sponsorship / positioning19.5
Volatility behaviour19.8
Catalyst alignment (insider)0.0
Cross-asset confirmation16.3
Stand aside — hard gate breached
  • Insiders are net sellers — net purchase ratio -1.00 over the last 180 days (10 selling vs 0 buying). There is no offsetting insider purchase — this is one-way selling.
  • Overlapping range behaviour — efficiency ratio 0.01 vs the 0.15 threshold (genuine chop).
Last
384.63
Add above
425.61
Cut below
377.79
50DMA
403.76
200DMA
319.50
FFIV daily chart: price with 50 and 200 day moving averages, volume, and on-balance volume
FFIV — daily, 14 months
XLK sector ETF daily chart
XLK — sector ETF, daily, 14 months
Pillar detail, thesis support and invalidation
Regime clarity
  • price above 200DMA
  • 200DMA rising
  • 50DMA rising
  • no HH/HL structure
  • efficiency ratio 0.01 (overlapping)
Sponsorship / positioning
  • OBV 50d slope +0.202 avg-daily-volumes/bar
  • no OBV divergence at highs
  • OBV flat-to-rising through last pullback
Volatility behaviour
  • last pullback 12.4% deep
  • no wide downside expansion bars (30d)
  • ATR contracting vs 20d mean
Catalyst alignment (insider)
  • single insider — no cluster
  • net purchase ratio -1.00 (0 buying vs 10 selling)
  • insiders are NET SELLERS over the window
  • NO CFO purchase in the window — the CFO-specific terms score zero
  • no CFO buy to date — recency not scored
Cross-asset confirmation
  • closest sector ETF: XLK
  • XLK above rising 200DMA (sector-led)
  • XLK vs SPY 6m: +18.8 pts
  • stock vs XLK RS (3m/6m avg): +2.6 pts
What strengthens the thesis
  • A confirmed higher high above 425.61 on expanding OBV.
  • Pullbacks that hold the rising 50DMA with flat-to-rising OBV.
  • XLK extending its own trend while the stock holds relative strength.
  • Continued base-building above the reclaimed 200DMA without volatility expansion.
What invalidates the thesis
  • Loss of the rising 50DMA (403.76) with expanding volatility — reduce.
  • Breakdown below the prior structural base (377.79) — exit, no averaging down.
  • OBV divergence during a price acceleration — reduce.
  • Sector ETF losing its own 200DMA — remove capital regardless of stock behaviour.
Insider detail
  • CFO: —
  • 0 CFO purchase(s), — total; last filed
  • Market cap $21,780,514,816 · 20d avg dollar volume $294,851,312
Net insider activity
Insiders are NET SELLERS. The CFO purchase is contradicted.
Open-market purchases$0
Open-market sales$13,122,498
Sales after option exercise$3,326,523
Distinct buyers / sellers0 / 10
Net purchase ratio-1.00
Net purchase ratio, excl. option-exercise sales-1.00
Reaction to news
7 material events; 5 taken well, 0 badly; last earnings 27 Jul: rewarded (+4.0%).
SessionFilingEventGapDayvs SPYVol+5dRead
06 Aug 2610-QQuarterly report+0.1%+0.4%+0.6%0.8x+0.7%Neutral
27 Jul 268-K · earningsResults of operations (earnings)+1.7%+4.0%+4.0%2.9x-0.4%Rewarded
23 Jun 268-KDirector or officer change; Regulation FD disclosure-1.0%-0.4%+1.0%1.0x+6.8%Neutral
05 May 2610-QQuarterly report+0.2%+3.0%+2.2%0.7x+4.4%Rewarded
28 Apr 268-K · earningsResults of operations (earnings)+0.5%+2.0%+2.5%2.6x+11.9%Rewarded
28 Apr 268-KDirector or officer change; Other material event+0.5%+2.0%+2.5%2.6x+11.9%Rewarded
13 Mar 268-KDirector or officer change+1.1%+2.3%+2.9%0.9x-1.7%Rewarded