Hsbc Holdings PLC bought a new stake in shares of F5, Inc. (NASDAQ:FFIV – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 499,823 shares of the network technology company’s stock, valued at approximately $208,277,000.
A number of other hedge funds have also made changes to their positions in the stock. Persistent Asset Partners Ltd acquired a new stake in F5 in the second quarter valued at $36,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of F5 in the 4th quarter valued at about $26,000. Hantz Financial Services Inc. lifted its position in shares of F5 by 109.8% during the fourth quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock worth $27,000 after purchasing an additional 56 shares during the last quarter. Elyxium Wealth LLC bought a new position in shares of F5 during the fourth quarter worth about $28,000. Finally, SJS Investment Consulting Inc. increased its holdings in F5 by 963.6% in the first quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company’s stock valued at $34,000 after buying an additional 106 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on FFIV. Wall Street Zen upgraded F5 from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Morgan Stanley boosted their target price on shares of F5 from $380.00 to $415.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 28th. Weiss Ratings raised shares of F5 from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Royal Bank Of Canada restated an “outperform” rating on shares of F5 in a research report on Thursday, July 16th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $461.00 price target (up from $423.00) on shares of F5 in a report on Tuesday, July 28th. Five 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, the company has an average rating of “Hold” and a consensus target price of $416.62.
Insider Transactions at F5
In other F5 news, CEO Francois Locoh-Donou sold 3,782 shares of F5 stock in a transaction 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 sale, the chief executive officer owned 146,989 shares of the company’s stock, valued at $60,624,143.16. The trade was a 2.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Angelique M. Okeke sold 515 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $404.49, for a total value of $208,312.35. Following the transaction, the executive vice president owned 2,240 shares of the company’s stock, valued at $906,057.60. This trade represents a 18.69% 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 worth $6,316,411 over the last quarter. Insiders own 0.48% of the company’s stock.
F5 Stock Up 1.0%
Shares of NASDAQ:FFIV opened at $382.75 on Wednesday. The company’s 50-day moving average price is $403.35 and its 200 day moving average price is $349.82. The company has a market cap of $21.68 billion, a PE ratio of 30.47, a P/E/G ratio of 3.70 and a beta of 1.03. F5, Inc. has a fifty-two week low of $223.76 and a fifty-two week high of $435.00.
F5 (NASDAQ:FFIV – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The network technology company reported $4.73 EPS for the quarter, beating the consensus estimate of $4.00 by $0.73. The company had revenue of $865.08 million for the quarter, compared to analyst estimates of $834.60 million. F5 had a net margin of 21.95% and a return on equity of 21.54%. F5’s revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the business earned $4.16 earnings per share. 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 anticipate that F5, Inc. will post 13.65 EPS for the current year.
About F5
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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