Ethic Inc. lessened its position in F5, Inc. (NASDAQ:FFIV – Free Report) by 31.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,152 shares of the network technology company’s stock after selling 2,788 shares during the period. Ethic Inc.’s holdings in F5 were worth $1,570,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the company. Generali Asset Management SPA SGR raised its holdings in F5 by 19.8% in the 4th quarter. Generali Asset Management SPA SGR now owns 9,449 shares of the network technology company’s stock valued at $2,412,000 after acquiring an additional 1,559 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of F5 by 1.6% during the 4th quarter. Sequoia Financial Advisors LLC now owns 19,787 shares of the network technology company’s stock worth $5,051,000 after purchasing an additional 311 shares during the period. Encompass More Asset Management acquired a new stake in shares of F5 during the fourth quarter worth $401,000. Swedbank AB grew its position in shares of F5 by 1.8% in the fourth quarter. Swedbank AB now owns 207,206 shares of the network technology company’s stock valued at $52,891,000 after purchasing an additional 3,668 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of F5 by 8.9% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 123,982 shares of the network technology company’s stock valued at $31,818,000 after purchasing an additional 10,168 shares during the period. Hedge funds and other institutional investors own 90.66% of the company’s stock.
Insider Activity
In related news, Director Alan Higginson sold 1,770 shares of F5 stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $275.25, for a total transaction of $487,192.50. Following the sale, the director owned 6,840 shares of the company’s stock, valued at $1,882,710. The trade was a 20.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Kunal Anand sold 3,123 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $322.33, for a total value of $1,006,636.59. Following the sale, the chief technology officer owned 12,194 shares of the company’s stock, valued at $3,930,492.02. This represents a 20.39% 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. Insiders sold a total of 29,328 shares of company stock worth $9,319,571 in the last ninety days. 0.48% of the stock is currently owned by company insiders.
F5 Stock Performance
F5 (NASDAQ:FFIV – Get Free Report) last issued its earnings results on Tuesday, April 28th. The network technology company reported $3.90 EPS for the quarter, beating analysts’ consensus estimates of $3.47 by $0.43. F5 had a net margin of 21.96% and a return on equity of 21.50%. The business had revenue of $811.70 million for the quarter, compared to the consensus estimate of $783.82 million. During the same quarter last year, the firm posted $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. Sell-side analysts forecast that F5, Inc. will post 12.71 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts recently commented on FFIV shares. Piper Sandler reiterated an “overweight” rating on shares of F5 in a research note on Wednesday, April 29th. Weiss Ratings upgraded F5 from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 30th. JPMorgan Chase & Co. upped their price objective on shares of F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. The Goldman Sachs Group raised their target price on shares of F5 from $285.00 to $320.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Finally, Barclays boosted their target price on shares of F5 from $283.00 to $292.00 and gave the company an “equal weight” rating in a report on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $316.44.
Get Our Latest Stock Analysis on F5
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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