Pictet Asset Management Holding SA Sells 27,289 Shares of F5, Inc. $FFIV

Pictet Asset Management Holding SA trimmed its holdings in shares of F5, Inc. (NASDAQ:FFIVFree Report) by 51.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,632 shares of the network technology company’s stock after selling 27,289 shares during the quarter. Pictet Asset Management Holding SA’s holdings in F5 were worth $7,412,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. purchased a new stake in shares of F5 in the 4th quarter valued at about $26,000. Hantz Financial Services Inc. grew its holdings in shares of F5 by 109.8% during the fourth quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock worth $27,000 after purchasing an additional 56 shares in the last quarter. Elyxium Wealth LLC bought a new position in shares of F5 in the fourth quarter worth approximately $28,000. Capital Advisors Ltd. LLC increased its position in shares of F5 by 113.8% in the first quarter. Capital Advisors Ltd. LLC now owns 124 shares of the network technology company’s stock worth $36,000 after purchasing an additional 66 shares during the last quarter. Finally, UMB Bank n.a. increased its position in shares of F5 by 64.5% in the fourth quarter. UMB Bank n.a. now owns 153 shares of the network technology company’s stock worth $39,000 after purchasing an additional 60 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors.

Insider Transactions at F5

In related news, CFO Edward Cooper Werner sold 2,500 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $400.00, for a total transaction of $1,000,000.00. Following the transaction, the chief financial officer owned 406 shares of the company’s stock, valued at approximately $162,400. This trade represents a 86.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas Dean Fountain sold 1,328 shares of F5 stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $330.58, for a total transaction of $439,010.24. Following the completion of the transaction, the executive vice president owned 8,060 shares in the company, valued at approximately $2,664,474.80. The trade was a 14.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 22,579 shares of company stock worth $7,836,860. Corporate insiders own 0.48% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on FFIV. Bank of America lifted their target price on shares of F5 from $250.00 to $300.00 and gave the company an “underperform” rating in a research report on Tuesday, May 26th. Piper Sandler increased their price target on shares of F5 from $356.00 to $423.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. JPMorgan Chase & Co. raised their price objective on shares of F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of F5 in a report on Friday, June 26th. Finally, Royal Bank Of Canada upped their target price on shares of F5 from $425.00 to $450.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, F5 presently has an average rating of “Moderate Buy” and an average target price of $382.67.

Check Out Our Latest Stock Report on FFIV

F5 Stock Performance

Shares of F5 stock opened at $408.14 on Friday. The firm has a market capitalization of $23.03 billion, a PE ratio of 33.48, a price-to-earnings-growth ratio of 4.79 and a beta of 1.03. F5, Inc. has a 12 month low of $223.76 and a 12 month high of $427.54. The business’s 50-day moving average price is $376.86 and its 200-day moving average price is $313.24.

F5 (NASDAQ:FFIVGet Free Report) last released its earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share for the quarter, topping analysts’ consensus estimates of $3.47 by $0.43. The company had revenue of $811.70 million during the quarter, compared to the consensus estimate of $783.82 million. F5 had a return on equity of 21.50% and a net margin of 21.96%.F5’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.42 EPS. F5 has set its Q3 2026 guidance at 3.910-4.030 EPS and its FY 2026 guidance at 16.250-16.550 EPS. As a group, analysts predict that F5, Inc. will post 12.78 earnings per share for the current fiscal year.

F5 Profile

(Free Report)

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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Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

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