Van ECK Associates Corp Decreases Stock Holdings in F5, Inc. $FFIV

Van ECK Associates Corp lowered its holdings in F5, Inc. (NASDAQ:FFIVFree Report) by 9.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 12,512 shares of the network technology company’s stock after selling 1,339 shares during the quarter. Van ECK Associates Corp’s holdings in F5 were worth $5,204,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in FFIV. Hazlett Burt & Watson Inc. purchased a new stake in F5 during the 4th quarter worth $26,000. Hantz Financial Services Inc. raised its position in F5 by 109.8% in the fourth quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 56 shares during the period. Elyxium Wealth LLC acquired a new position in shares of F5 during the fourth quarter worth about $28,000. SJS Investment Consulting Inc. lifted its stake in shares of F5 by 963.6% during the first quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company’s stock worth $34,000 after purchasing an additional 106 shares in the last quarter. Finally, Capital Advisors Ltd. LLC boosted its position in shares of F5 by 113.8% in the first quarter. Capital Advisors Ltd. LLC now owns 124 shares of the network technology company’s stock worth $36,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 90.66% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Evercore upgraded F5 from an “in-line” rating to an “outperform” rating and set a $475.00 target price for the company in a research note on Monday, May 18th. Morgan Stanley boosted their price target on F5 from $380.00 to $415.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 28th. Bank of America increased their price objective on shares of F5 from $250.00 to $300.00 and gave the company an “underperform” rating in a research report on Tuesday, May 26th. JPMorgan Chase & Co. lifted their price objective on shares of F5 from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of F5 in a research report on Thursday, July 16th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $416.62.

Read Our Latest Analysis on FFIV

Insider Activity at F5

In other news, EVP Angelique M. Okeke sold 515 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $404.49, for a total transaction of $208,312.35. Following the completion of the sale, the executive vice president owned 2,240 shares of the company’s stock, valued at approximately $906,057.60. This trade represents a 18.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 F5 stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $414.63, for a total transaction of $500,873.04. Following the completion of the sale, the executive vice president owned 8,060 shares of the company’s stock, valued at approximately $3,341,917.80. This trade represents a 13.03% decrease in their position. 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 sold 13,199 shares of company stock worth $5,316,411 over the last ninety days. Company insiders own 0.48% of the company’s stock.

F5 Price Performance

Shares of F5 stock opened at $391.08 on Thursday. F5, Inc. has a 1-year low of $223.76 and a 1-year high of $435.00. The company has a market capitalization of $22.15 billion, a PE ratio of 31.14, a P/E/G ratio of 3.87 and a beta of 1.03. The business has a 50-day moving average of $404.89 and a 200-day moving average of $355.06.

F5 (NASDAQ:FFIVGet Free Report) last released its quarterly earnings results on Monday, July 27th. The network technology company reported $4.73 EPS for the quarter, topping the consensus estimate of $4.00 by $0.73. The business had revenue of $865.08 million for the quarter, compared to analysts’ expectations of $834.60 million. F5 had a return on equity of 21.54% and a net margin of 21.95%.The company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. On average, equities analysts expect that F5, Inc. will post 13.65 earnings per share for the current fiscal year.

F5 Profile

(Free Report)

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

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:FFIVFree Report).

Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

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.