Intech Investment Management LLC cut its stake in F5, Inc. (NASDAQ:FFIV – Free Report) by 78.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,343 shares of the network technology company’s stock after selling 27,365 shares during the period. Intech Investment Management LLC’s holdings in F5 were worth $1,874,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Pacific Sage Partners LLC raised its holdings in F5 by 0.6% in the 4th quarter. Pacific Sage Partners LLC now owns 7,122 shares of the network technology company’s stock valued at $1,818,000 after acquiring an additional 40 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of F5 by 4.4% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 968 shares of the network technology company’s stock worth $247,000 after buying an additional 41 shares in the last quarter. Coldstream Capital Management Inc. raised its holdings in shares of F5 by 4.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,047 shares of the network technology company’s stock worth $338,000 after buying an additional 45 shares in the last quarter. Alps Advisors Inc. raised its holdings in shares of F5 by 3.8% during the 3rd quarter. Alps Advisors Inc. now owns 1,414 shares of the network technology company’s stock worth $457,000 after buying an additional 52 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its holdings in shares of F5 by 0.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,569 shares of the network technology company’s stock worth $1,677,000 after buying an additional 52 shares in the last quarter. 90.66% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
FFIV has been the subject of a number of research analyst reports. Morgan Stanley boosted their price target on F5 from $340.00 to $380.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 20th. Barclays boosted their price target on F5 from $292.00 to $386.00 and gave the stock an “equal weight” rating in a report on Friday, May 29th. Bank of America boosted their price target on F5 from $250.00 to $300.00 and gave the stock an “underperform” rating in a report on Tuesday, May 26th. Royal Bank Of Canada reissued an “outperform” rating and set a $425.00 price target on shares of F5 in a report on Friday, May 29th. Finally, Evercore raised F5 from an “in-line” rating to an “outperform” rating and set a $475.00 price target for the company in a report on Monday, May 18th. Six research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $379.89.
F5 Stock Up 0.7%
Shares of FFIV opened at $408.66 on Friday. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $411.52. The business has a 50-day simple moving average of $336.50 and a two-hundred day simple moving average of $290.88. The stock has a market cap of $23.06 billion, a PE ratio of 33.52, a PEG ratio of 9.33 and a beta of 1.04.
F5 (NASDAQ:FFIV – Get Free Report) last issued its earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.47 by $0.43. F5 had a return on equity of 21.50% and a net margin of 21.96%.The business had revenue of $811.70 million during the quarter, compared to analysts’ expectations of $783.82 million. During the same quarter in the prior year, the firm earned $3.42 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. F5 has set its Q3 2026 guidance at 3.910-4.030 EPS and its FY 2026 guidance at 16.250-16.550 EPS. On average, equities research analysts expect that F5, Inc. will post 12.78 EPS for the current year.
Insiders Place Their Bets
In other F5 news, CFO Edward Cooper Werner sold 2,500 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $400.00, for a total value of $1,000,000.00. Following the sale, the chief financial officer owned 406 shares in the company, valued at approximately $162,400. The trade was a 86.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad Michael Whalen sold 6,200 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $350.19, for a total value of $2,171,178.00. Following the completion of the sale, the executive vice president owned 20,832 shares in the company, valued at $7,295,158.08. This trade represents a 22.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 21,579 shares of company stock worth $7,437,510. Company insiders own 0.48% of the company’s stock.
F5 Profile
F5 Inc (NASDAQ:FFIV) specializes in application services and delivery networking, helping organizations ensure the availability, performance and security of their applications. The company’s core offerings include advanced load balancing, traffic management and application security solutions designed to optimize user experiences and protect against threats such as distributed denial-of-service (DDoS) attacks and web application exploits.
At the heart of F5’s product portfolio is the BIG-IP platform, which provides a suite of software modules for local and global traffic management, secure web application firewalling and DNS service delivery.
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