Victory Capital Management Inc. Acquires 280,719 Shares of F5, Inc. $FFIV

Victory Capital Management Inc. raised its holdings in F5, Inc. (NASDAQ:FFIV) by 422.7% during the third quarter, Holdings Channel.com reports. The fund owned 347,125 shares of the network technology company’s stock after purchasing an additional 280,719 shares during the period. Victory Capital Management Inc.’s holdings in F5 were worth $112,187,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FFIV. State Street Corp increased its holdings in F5 by 1.5% in the second quarter. State Street Corp now owns 3,172,614 shares of the network technology company’s stock valued at $933,764,000 after purchasing an additional 48,057 shares during the last quarter. Geode Capital Management LLC grew its position in shares of F5 by 3.8% during the 2nd quarter. Geode Capital Management LLC now owns 1,741,117 shares of the network technology company’s stock worth $511,016,000 after buying an additional 64,420 shares during the period. First Trust Advisors LP increased its stake in shares of F5 by 5.8% in the 2nd quarter. First Trust Advisors LP now owns 1,615,555 shares of the network technology company’s stock valued at $475,490,000 after acquiring an additional 87,923 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in shares of F5 by 6.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 839,561 shares of the network technology company’s stock valued at $271,338,000 after acquiring an additional 50,278 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of F5 in the 2nd quarter valued at approximately $207,492,000. Institutional investors own 90.66% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on FFIV. JPMorgan Chase & Co. upgraded shares of F5 from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $295.00 to $345.00 in a report on Thursday, January 15th. Needham & Company LLC restated a “hold” rating on shares of F5 in a research report on Wednesday, January 28th. Royal Bank Of Canada lifted their target price on F5 from $325.00 to $345.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Morgan Stanley decreased their target price on F5 from $336.00 to $296.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. Finally, Weiss Ratings lowered F5 from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, January 27th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, F5 presently has a consensus rating of “Hold” and a consensus target price of $309.89.

F5 Stock Performance

NASDAQ:FFIV opened at $286.12 on Thursday. The stock has a 50-day simple moving average of $271.27 and a 200 day simple moving average of $281.37. F5, Inc. has a 52-week low of $223.76 and a 52-week high of $346.00. The company has a market cap of $16.17 billion, a PE ratio of 23.67, a PEG ratio of 7.97 and a beta of 1.01.

F5 (NASDAQ:FFIV) last released its quarterly earnings results on Tuesday, January 27th. The network technology company reported $4.45 earnings per share for the quarter, topping analysts’ consensus estimates of $3.63 by $0.82. The firm had revenue of $822.47 million during the quarter, compared to the consensus estimate of $755.97 million. F5 had a return on equity of 22.08% and a net margin of 22.45%.The business’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.84 EPS. F5 has set its Q2 2026 guidance at 3.340-3.460 EPS and its FY 2026 guidance at 15.650-16.050 EPS. On average, research analysts predict that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Alan Higginson sold 1,770 shares of F5 stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $275.25, for a total value of $487,192.50. Following the sale, the director owned 6,840 shares of the company’s stock, valued at approximately $1,882,710. The trade was a 20.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Kunal Anand sold 377 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $278.32, for a total value of $104,926.64. Following the transaction, the chief technology officer directly owned 8,971 shares of the company’s stock, valued at $2,496,808.72. This trade represents a 4.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 19,199 shares of company stock worth $5,162,666. 0.48% of the stock is currently owned by company 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.