F5, Inc. $FFIV Shares Purchased by Allstate Corp

Allstate Corp grew its position in shares of F5, Inc. (NASDAQ:FFIV) by 96.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,216 shares of the network technology company’s stock after purchasing an additional 2,067 shares during the period. Allstate Corp’s holdings in F5 were worth $1,076,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Millennium Management LLC boosted its holdings in F5 by 166.5% in the first quarter. Millennium Management LLC now owns 62,906 shares of the network technology company’s stock worth $16,750,000 after purchasing an additional 39,305 shares during the period. NewEdge Advisors LLC boosted its holdings in F5 by 1,281.4% in the first quarter. NewEdge Advisors LLC now owns 967 shares of the network technology company’s stock worth $257,000 after purchasing an additional 897 shares during the period. Goldman Sachs Group Inc. boosted its holdings in F5 by 38.4% in the first quarter. Goldman Sachs Group Inc. now owns 298,297 shares of the network technology company’s stock worth $79,428,000 after purchasing an additional 82,835 shares during the period. Focus Partners Wealth acquired a new position in F5 in the first quarter worth $257,000. Finally, Geneos Wealth Management Inc. boosted its holdings in F5 by 288.1% in the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock worth $43,000 after purchasing an additional 121 shares during the period. Hedge funds and other institutional investors own 90.66% of the company’s stock.

F5 Stock Performance

Shares of NASDAQ FFIV opened at $383.45 on Friday. The stock has a market cap of $21.63 billion, a price-to-earnings ratio of 31.46, a PEG ratio of 8.82 and a beta of 1.00. The business has a 50 day simple moving average of $327.19 and a 200 day simple moving average of $285.86. F5, Inc. has a 52 week low of $223.76 and a 52 week high of $399.59.

F5 (NASDAQ:FFIV) last announced its quarterly earnings results on Tuesday, April 28th. The network technology company reported $3.90 EPS for the quarter, beating the consensus estimate of $3.47 by $0.43. The business had revenue of $811.70 million during the quarter, compared to analysts’ expectations of $783.82 million. F5 had a return on equity of 21.50% and a net margin of 21.96%.The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.42 EPS. F5 has set its Q3 2026 guidance at 3.910-4.030 EPS and its FY 2026 guidance at 16.250-16.550 EPS. On average, analysts predict that F5, Inc. will post 12.79 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Evercore raised shares of F5 from an “in-line” rating to an “outperform” rating and set a $475.00 price objective for the company in a report on Monday, May 18th. Needham & Company LLC reaffirmed a “hold” rating on shares of F5 in a report on Wednesday, April 29th. Weiss Ratings raised shares of F5 from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 30th. JPMorgan Chase & Co. upped their price objective on shares of F5 from $355.00 to $365.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Finally, Bank of America boosted their price target on shares of F5 from $250.00 to $300.00 and gave the stock an “underperform” rating in a research report on Tuesday. Six equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $379.89.

Insider Activity

In other F5 news, CTO Kunal Anand sold 3,123 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $322.33, for a total transaction of $1,006,636.59. Following the completion of the sale, the chief technology officer owned 12,194 shares of the company’s stock, valued at $3,930,492.02. This represents a 20.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Francois Locoh-Donou sold 3,783 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $337.39, for a total value of $1,276,346.37. Following the transaction, the chief executive officer owned 146,989 shares of the company’s stock, valued at approximately $49,592,618.71. This trade represents a 2.51% 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. Over the last ninety days, insiders have sold 24,491 shares of company stock valued at $7,966,227. Insiders own 0.48% of the company’s stock.

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.