Tocqueville Asset Management L.P. purchased a new stake in F5, Inc. (NASDAQ:FFIV – Free Report) during the second quarter, HoldingsChannel.com reports. The firm purchased 10,483 shares of the network technology company’s stock, valued at approximately $4,361,000.
Several other institutional investors and hedge funds also recently made changes to their positions in FFIV. BlackRock Inc. bought a new position in shares of F5 during the second quarter worth approximately $2,611,637,000. Jericho Capital Asset Management L.P. acquired a new stake in shares of F5 during the 4th quarter worth approximately $579,699,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of F5 by 15,103.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,170,216 shares of the network technology company’s stock worth $298,709,000 after acquiring an additional 1,162,519 shares in the last quarter. First Trust Advisors LP increased its stake in F5 by 68.5% in the fourth 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 last quarter. Finally, Norges Bank acquired a new position in F5 during the fourth quarter valued at approximately $205,706,000. Institutional investors and hedge funds own 90.66% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on FFIV shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of F5 in a research note on Thursday, July 16th. Needham & Company LLC restated a “hold” rating on shares of F5 in a research report on Tuesday, July 28th. Morgan Stanley upped their price target on shares of F5 from $380.00 to $415.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. Weiss Ratings upgraded shares of F5 from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Finally, Wall Street Zen upgraded shares of F5 from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, F5 has an average rating of “Hold” and an average target price of $416.62.
Insider Buying and Selling
In other F5 news, CEO Francois Locoh-Donou sold 3,782 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $412.44, for a total transaction of $1,559,848.08. Following the completion of the sale, the chief executive officer directly owned 146,989 shares of the company’s stock, valued at approximately $60,624,143.16. The trade was a 2.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas Dean Fountain sold 1,208 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $414.63, for a total value of $500,873.04. Following the sale, the executive vice president directly owned 8,060 shares of the company’s stock, valued at $3,341,917.80. This represents a 13.03% 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 have sold a total of 15,699 shares of company stock worth $6,316,411 over the last ninety days. Insiders own 0.48% of the company’s stock.
F5 Trading Down 1.3%
NASDAQ FFIV opened at $377.79 on Friday. The company has a market cap of $21.39 billion, a P/E ratio of 30.08, a PEG ratio of 3.74 and a beta of 1.03. The company has a fifty day simple moving average of $404.06 and a 200 day simple moving average of $347.60. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $435.00.
F5 (NASDAQ:FFIV – Get Free Report) last released its quarterly earnings data on Monday, July 27th. The network technology company reported $4.73 earnings per share for the quarter, topping the consensus estimate of $4.00 by $0.73. F5 had a net margin of 21.95% and a return on equity of 21.54%. The firm had revenue of $865.08 million for the quarter, compared to the consensus estimate of $834.60 million. During the same quarter in the prior year, the company posted $4.16 earnings per share. The business’s revenue was up 10.9% on a year-over-year basis. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. Sell-side analysts predict that F5, Inc. will post 13.65 EPS for the current year.
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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