ProShare Advisors LLC boosted its stake in shares of F5, Inc. (NASDAQ:FFIV – Free Report) by 12.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 18,835 shares of the network technology company’s stock after acquiring an additional 2,083 shares during the period. ProShare Advisors LLC’s holdings in F5 were worth $4,808,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Barclays PLC raised its stake in F5 by 51.7% during the third quarter. Barclays PLC now owns 310,368 shares of the network technology company’s stock worth $100,308,000 after purchasing an additional 105,738 shares during the period. Convergence Investment Partners LLC raised its stake in F5 by 128.1% during the third quarter. Convergence Investment Partners LLC now owns 7,931 shares of the network technology company’s stock worth $2,563,000 after purchasing an additional 4,454 shares during the period. Alberta Investment Management Corp raised its stake in F5 by 173.3% during the third quarter. Alberta Investment Management Corp now owns 8,200 shares of the network technology company’s stock worth $2,650,000 after purchasing an additional 5,200 shares during the period. JPMorgan Chase & Co. raised its stake in F5 by 11.5% during the third quarter. JPMorgan Chase & Co. now owns 381,350 shares of the network technology company’s stock worth $123,249,000 after purchasing an additional 39,445 shares during the period. Finally, HighTower Advisors LLC purchased a new position in F5 during the third quarter worth approximately $1,571,000. Hedge funds and other institutional investors own 90.66% of the company’s stock.
Analysts Set New Price Targets
FFIV has been the topic of a number of research reports. Needham & Company LLC reissued a “hold” rating on shares of F5 in a research note on Wednesday, April 29th. Evercore raised shares of F5 from an “in-line” rating to an “outperform” rating and set a $475.00 target price on the stock in a research note on Monday, May 18th. The Goldman Sachs Group raised their target price on shares of F5 from $285.00 to $320.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Weiss Ratings raised shares of F5 from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 30th. Finally, Barclays raised their target price on shares of F5 from $283.00 to $292.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, F5 presently has an average rating of “Hold” and an average price target of $353.00.
F5 Trading Up 2.6%
FFIV opened at $393.63 on Friday. The company has a fifty day simple moving average of $316.75 and a 200 day simple moving average of $280.86. The firm has a market cap of $22.21 billion, a price-to-earnings ratio of 32.29, a PEG ratio of 9.05 and a beta of 1.00. F5, Inc. has a twelve month low of $223.76 and a twelve month high of $395.77.
F5 (NASDAQ:FFIV – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share for the quarter, beating analysts’ consensus estimates of $3.47 by $0.43. The business had revenue of $811.70 million during the quarter, compared to analyst estimates of $783.82 million. F5 had a net margin of 21.96% and a return on equity of 21.50%. The business’s revenue was up 11.0% on a year-over-year basis. During the same period last year, the business earned $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. On average, analysts forecast that F5, Inc. will post 12.79 earnings per share for the current fiscal year.
Insider Buying and Selling at F5
In related news, CTO Kunal Anand sold 3,123 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $322.33, for a total transaction of $1,006,636.59. Following the completion of the sale, the chief technology officer directly owned 12,194 shares of the company’s stock, valued at approximately $3,930,492.02. This trade represents a 20.39% 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, CEO Francois Locoh-Donou sold 3,783 shares of the firm’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. The trade was a 2.51% 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 90 days, insiders sold 24,491 shares of company stock worth $7,966,227. 0.48% of the stock is currently owned by insiders.
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.
Read More
- Five stocks we like better than F5
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
Want to see what other hedge funds are holding FFIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for F5, Inc. (NASDAQ:FFIV – Free Report).
Receive News & Ratings for F5 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F5 and related companies with MarketBeat.com's FREE daily email newsletter.
