Lyrical Asset Management LP lessened its stake in F5, Inc. (NASDAQ:FFIV – Free Report) by 5.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 986,795 shares of the network technology company’s stock after selling 53,379 shares during the quarter. F5 accounts for 3.5% of Lyrical Asset Management LP’s holdings, making the stock its 12th biggest position. Lyrical Asset Management LP’s holdings in F5 were worth $251,889,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in FFIV. Millennium Management LLC lifted its position in shares of F5 by 166.5% in the first quarter. Millennium Management LLC now owns 62,906 shares of the network technology company’s stock worth $16,750,000 after purchasing an additional 39,305 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of F5 by 1,281.4% in the first quarter. NewEdge Advisors LLC now owns 967 shares of the network technology company’s stock worth $257,000 after purchasing an additional 897 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of F5 by 38.4% in the first quarter. Goldman Sachs Group Inc. now owns 298,297 shares of the network technology company’s stock worth $79,428,000 after purchasing an additional 82,835 shares in the last quarter. Focus Partners Wealth bought a new stake in shares of F5 in the first quarter worth $257,000. Finally, Geneos Wealth Management Inc. lifted its position in shares of F5 by 288.1% in the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock worth $43,000 after purchasing an additional 121 shares in the last quarter. Institutional investors own 90.66% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on FFIV. Weiss Ratings raised shares of F5 from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 30th. Royal Bank Of Canada reissued an “outperform” rating and issued a $425.00 price objective on shares of F5 in a research report on Friday, May 29th. Morgan Stanley boosted their price objective on shares of F5 from $340.00 to $380.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 20th. Piper Sandler boosted their price objective on shares of F5 from $356.00 to $423.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Finally, Needham & Company LLC reissued a “hold” rating on shares of F5 in a research report on Wednesday, April 29th. Six investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $379.89.
Insider Activity
In other F5 news, CEO Francois Locoh-Donou sold 3,783 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $337.39, for a total transaction of $1,276,346.37. Following the sale, the chief executive officer directly owned 146,989 shares of the company’s stock, valued at approximately $49,592,618.71. This represents a 2.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 on Friday, May 8th. The stock was sold at an average price of $350.19, for a total transaction of $2,171,178.00. Following the sale, the executive vice president directly owned 20,832 shares in the company, valued at $7,295,158.08. This trade represents a 22.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 21,579 shares of company stock valued at $7,437,510. 0.48% of the stock is owned by corporate insiders.
F5 Stock Performance
NASDAQ FFIV opened at $393.35 on Monday. The firm’s fifty day moving average price is $338.41 and its two-hundred day moving average price is $292.04. F5, Inc. has a 1 year low of $223.76 and a 1 year high of $411.52. The firm has a market capitalization of $22.19 billion, a P/E ratio of 32.27, a price-to-earnings-growth ratio of 9.05 and a beta of 1.04.
F5 (NASDAQ:FFIV – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.47 by $0.43. F5 had a net margin of 21.96% and a return on equity of 21.50%. The firm had revenue of $811.70 million for the quarter, compared to analyst estimates of $783.82 million. During the same period in the prior year, the firm posted $3.42 earnings per share. The company’s quarterly revenue 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, research analysts anticipate that F5, Inc. will post 12.78 EPS for the current fiscal year.
F5 Company 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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