Wealthfront Advisers LLC Takes Position in F5, Inc. $FFIV

Wealthfront Advisers LLC acquired a new stake in shares of F5, Inc. (NASDAQ:FFIV) during the second quarter, HoldingsChannel reports. The firm acquired 2,629 shares of the network technology company’s stock, valued at approximately $1,094,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank acquired a new position in shares of F5 during the fourth quarter valued at approximately $205,706,000. Jefferies Financial Group Inc. raised its holdings in F5 by 127.0% during the fourth quarter. Jefferies Financial Group Inc. now owns 34,529 shares of the network technology company’s stock worth $8,814,000 after purchasing an additional 19,315 shares in the last quarter. iA Global Asset Management Inc. acquired a new stake in F5 in the first quarter worth approximately $6,469,000. William Blair Investment Management LLC acquired a new stake in F5 in the fourth quarter worth approximately $140,460,000. Finally, Tredje AP fonden boosted its stake in F5 by 98.2% during the 4th quarter. Tredje AP fonden now owns 7,683 shares of the network technology company’s stock valued at $1,961,000 after purchasing an additional 3,807 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Barclays lifted their price target on F5 from $386.00 to $397.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 28th. Zacks Research lowered F5 from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. JPMorgan Chase & Co. raised their target price on F5 from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Needham & Company LLC reaffirmed a “hold” rating on shares of F5 in a report on Tuesday, July 28th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $461.00 price target (up from $423.00) on shares of F5 in a research report on Tuesday, July 28th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $416.62.

F5 Stock Performance

F5 stock opened at $384.63 on Friday. The firm has a market cap of $21.78 billion, a price-to-earnings ratio of 30.62, a price-to-earnings-growth ratio of 3.69 and a beta of 1.03. F5, Inc. has a 1 year low of $223.76 and a 1 year high of $435.00. The firm’s 50 day moving average price is $403.83 and its two-hundred day moving average price is $347.86.

F5 (NASDAQ:FFIV) last posted its quarterly earnings results on Monday, July 27th. The network technology company reported $4.73 earnings per share (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 for the quarter, compared to analysts’ expectations of $834.60 million. During the same quarter in the prior year, the company earned $4.16 earnings per share. The firm’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. As a group, equities analysts predict that F5, Inc. will post 13.65 EPS for the current fiscal year.

Insider Activity at F5

In related news, CTO Kunal Anand sold 392 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $404.63, for a total value of $158,614.96. Following the completion of the transaction, the chief technology officer owned 12,586 shares in the company, valued at $5,092,673.18. This trade represents a 3.02% 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, insider John Anthony Maddison sold 1,000 shares of F5 stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $405.85, for a total value of $405,850.00. Following the completion of the transaction, the insider directly owned 1,353 shares in the company, valued at $549,115.05. This represents a 42.50% 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. Insiders sold 15,699 shares of company stock valued at $6,316,411 over the last ninety days. Company insiders own 0.48% of the company’s stock.

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.