Mediolanum International Funds Ltd acquired a new position in shares of F5, Inc. (NASDAQ:FFIV – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,946 shares of the network technology company’s stock, valued at approximately $544,000.
Other hedge funds have also modified their holdings of the company. Jericho Capital Asset Management L.P. acquired a new position in F5 during the 4th quarter worth $579,699,000. Northwestern Mutual Wealth Management Co. raised its position in F5 by 15,103.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,170,216 shares of the network technology company’s stock valued at $298,709,000 after purchasing an additional 1,162,519 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of F5 by 68.5% in the 4th quarter. First Trust Advisors LP now owns 2,753,652 shares of the network technology company’s stock valued at $702,897,000 after buying an additional 1,119,291 shares during the period. Norges Bank purchased a new position in shares of F5 in the 4th quarter valued at about $205,706,000. Finally, Deutsche Bank AG grew its position in shares of F5 by 175.2% during the fourth quarter. Deutsche Bank AG now owns 958,947 shares of the network technology company’s stock worth $244,781,000 after buying an additional 610,437 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms recently weighed in on FFIV. JPMorgan Chase & Co. upped their target price on shares of F5 from $355.00 to $365.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. 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 report on Tuesday, May 26th. Morgan Stanley increased their price objective on shares of F5 from $340.00 to $380.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 20th. Weiss Ratings restated a “buy (b-)” rating on shares of F5 in a report on Friday, June 26th. Finally, Piper Sandler raised their price objective on shares of F5 from $356.00 to $423.00 and gave the company an “overweight” rating in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $382.67.
F5 Stock Down 0.8%
Shares of FFIV opened at $408.74 on Wednesday. The stock has a 50 day moving average price of $398.31 and a 200 day moving average price of $327.04. The company has a market capitalization of $23.06 billion, a price-to-earnings ratio of 33.53, a price-to-earnings-growth ratio of 4.83 and a beta of 1.03. F5, Inc. has a 52-week low of $223.76 and a 52-week high of $435.00.
F5 (NASDAQ:FFIV – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The network technology company reported $3.90 earnings per share for the quarter, topping analysts’ consensus estimates of $3.47 by $0.43. The company had revenue of $811.70 million for the quarter, compared to analysts’ expectations of $783.82 million. F5 had a net margin of 21.96% and a return on equity of 21.50%. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter last year, the company earned $3.42 earnings per share. 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, equities analysts anticipate that F5, Inc. will post 12.78 EPS for the current fiscal year.
Insider Transactions at F5
In related news, CFO Edward Cooper Werner sold 2,500 shares of F5 stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $400.00, for a total transaction of $1,000,000.00. Following the sale, the chief financial officer directly owned 406 shares in the company, valued at $162,400. This trade represents a 86.03% decrease in their position. The sale was disclosed in a legal filing 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 business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $337.39, for a total transaction of $1,276,346.37. Following the completion of the sale, the chief executive officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 22,579 shares of company stock worth $7,836,860. Insiders own 0.48% of the company’s stock.
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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