Saudi Central Bank increased its stake in F5, Inc. (NASDAQ:FFIV – Free Report) by 84.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,956 shares of the network technology company’s stock after acquiring an additional 1,812 shares during the quarter. Saudi Central Bank’s holdings in F5 were worth $1,646,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in FFIV. BlackRock Inc. acquired a new position in shares of F5 in the 2nd quarter worth approximately $2,611,637,000. Jericho Capital Asset Management L.P. acquired a new stake in shares of F5 during the fourth quarter worth $579,699,000. Northwestern Mutual Wealth Management Co. increased its position in shares of F5 by 15,103.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,170,216 shares of the network technology company’s stock worth $298,709,000 after buying an additional 1,162,519 shares during the period. First Trust Advisors LP raised its stake in F5 by 68.5% during the fourth quarter. First Trust Advisors LP now owns 2,753,652 shares of the network technology company’s stock worth $702,897,000 after buying an additional 1,119,291 shares during the last quarter. Finally, Norges Bank bought a new position in F5 during the fourth quarter worth $205,706,000. 90.66% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have commented on FFIV. Evercore raised shares of F5 from an “in-line” rating to an “outperform” rating and set a $475.00 price target on the stock in a research report on Monday, May 18th. Morgan Stanley boosted their price objective on F5 from $380.00 to $415.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 28th. Bank of America upped their target price on F5 from $250.00 to $300.00 and gave the company an “underperform” rating in a research report on Tuesday, May 26th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of F5 in a research note on Thursday, July 16th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of F5 in a report on Tuesday, July 28th. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $416.62.
Insider Transactions at F5
In related news, CEO Francois Locoh-Donou sold 3,782 shares of F5 stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $412.44, for a total value of $1,559,848.08. Following the completion of the sale, the chief executive officer owned 146,989 shares of the company’s stock, valued at approximately $60,624,143.16. This trade represents a 2.51% decrease in their position. The transaction was disclosed in a document filed 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 Thomas Fountain sold 1,208 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $414.63, for a total transaction of $500,873.04. Following the sale, the executive vice president owned 8,060 shares of the company’s stock, valued at $3,341,917.80. This trade represents a 13.03% 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 ninety days, insiders have sold 12,199 shares of company stock valued at $4,917,061. Company insiders own 0.48% of the company’s stock.
F5 Trading Down 0.2%
Shares of NASDAQ FFIV opened at $389.62 on Wednesday. The firm’s 50-day moving average price is $404.00 and its 200-day moving average price is $358.35. F5, Inc. has a 1-year low of $223.76 and a 1-year high of $435.00. The firm has a market capitalization of $22.06 billion, a P/E ratio of 31.02, a P/E/G ratio of 3.82 and a beta of 1.03.
F5 (NASDAQ:FFIV – Get Free Report) last issued its earnings results on Monday, July 27th. The network technology company reported $4.73 EPS for the quarter, beating the consensus estimate of $4.00 by $0.73. F5 had a return on equity of 21.54% and a net margin of 21.95%.The company had revenue of $865.08 million during the quarter, compared to the consensus estimate of $834.60 million. During the same period last year, the business posted $4.16 EPS. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. Equities research analysts forecast that F5, Inc. will post 13.65 EPS for the current year.
About F5
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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