Compass Financial Management LLC purchased a new stake in F5, Inc. (NASDAQ:FFIV – Free Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 2,329 shares of the network technology company’s stock, valued at approximately $963,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of FFIV. Vanguard Group Inc. lifted its position in F5 by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 7,357,293 shares of the network technology company’s stock valued at $1,878,023,000 after buying an additional 114,533 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of F5 during the second quarter valued at about $2,611,637,000. State Street Corp raised its stake in shares of F5 by 1.7% in the 3rd quarter. State Street Corp now owns 3,226,326 shares of the network technology company’s stock valued at $1,042,716,000 after acquiring an additional 53,712 shares during the period. First Trust Advisors LP raised its stake in shares of F5 by 68.5% in the 4th quarter. First Trust Advisors LP now owns 2,753,652 shares of the network technology company’s stock valued at $702,897,000 after acquiring an additional 1,119,291 shares during the period. Finally, Jericho Capital Asset Management L.P. purchased a new position in shares of F5 during the 4th quarter worth approximately $579,699,000. 90.66% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on FFIV. Piper Sandler reissued an “overweight” rating and issued a $461.00 target price (up from $423.00) on shares of F5 in a research report on Tuesday, July 28th. Needham & Company LLC restated a “hold” rating on shares of F5 in a research report on Tuesday, July 28th. Bank of America increased their target price on F5 from $250.00 to $300.00 and gave the stock an “underperform” rating in a research note on Tuesday, May 26th. Evercore upgraded F5 from an “in-line” rating to an “outperform” rating and set a $475.00 target price for the company in a report on Monday, May 18th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of F5 in a research report on Thursday, July 16th. Five equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, F5 presently has an average rating of “Hold” and an average target price of $416.62.
F5 Price Performance
Shares of FFIV stock opened at $384.63 on Monday. F5, Inc. has a 52 week low of $223.76 and a 52 week high of $435.00. The stock has a market capitalization of $21.78 billion, a PE ratio of 30.62, a P/E/G ratio of 3.76 and a beta of 1.03. The firm has a 50 day moving average of $403.83 and a two-hundred day moving average of $348.33.
F5 (NASDAQ:FFIV – Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The network technology company reported $4.73 earnings per share for the quarter, topping analysts’ consensus estimates of $4.00 by $0.73. The business had revenue of $865.08 million for the quarter, compared to analyst estimates of $834.60 million. F5 had a return on equity of 21.54% and a net margin of 21.95%.The company’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.16 earnings per share. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. Analysts expect that F5, Inc. will post 13.65 EPS for the current fiscal year.
Insider Buying and Selling
In other news, EVP Thomas Dean Fountain sold 1,208 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $414.63, for a total transaction of $500,873.04. Following the completion of the transaction, the executive vice president directly owned 8,060 shares of the company’s stock, valued at approximately $3,341,917.80. The trade was a 13.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Angelique M. Okeke sold 515 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $404.49, for a total transaction of $208,312.35. Following the completion of the sale, the executive vice president directly owned 2,240 shares in the company, valued at approximately $906,057.60. This trade represents a 18.69% 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. Insiders have sold 15,699 shares of company stock worth $6,316,411 over the last ninety days. 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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