Vise Technologies Inc. bought a new stake in F5, Inc. (NASDAQ:FFIV – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 8,632 shares of the network technology company’s stock, valued at approximately $3,590,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of FFIV. BlackRock Inc. bought a new position in F5 in the 2nd quarter worth $2,611,637,000. Jericho Capital Asset Management L.P. bought a new stake in F5 during the fourth quarter valued at about $579,699,000. Northwestern Mutual Wealth Management Co. grew its position in shares of F5 by 15,103.5% in the fourth 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 during the last quarter. First Trust Advisors LP grew its position in shares of F5 by 68.5% in the fourth quarter. First Trust Advisors LP now owns 2,753,652 shares of the network technology company’s stock valued at $702,897,000 after purchasing an additional 1,119,291 shares during the last quarter. Finally, Norges Bank bought a new position in shares of F5 in the fourth quarter worth about $205,706,000. 90.66% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at F5
In other news, CEO Francois Locoh-Donou sold 3,782 shares of F5 stock in a transaction that occurred 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 approximately $60,624,143.16. This trade represents a 2.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Edward Cooper Werner sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $400.00, for a total value of $1,000,000.00. Following the sale, the chief financial officer owned 406 shares in the company, valued at approximately $162,400. This represents a 86.03% 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 90 days, insiders have sold 15,699 shares of company stock worth $6,316,411. 0.48% of the stock is currently owned by company insiders.
F5 Stock Performance
F5 (NASDAQ:FFIV – Get Free Report) last released its earnings results on Monday, July 27th. The network technology company reported $4.73 earnings per share for the quarter, beating the consensus estimate of $4.00 by $0.73. F5 had a net margin of 21.95% and a return on equity of 21.54%. The business had revenue of $865.08 million during the quarter, compared to analysts’ expectations of $834.60 million. During the same quarter last 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. Equities analysts predict that F5, Inc. will post 13.65 EPS for the current year.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on FFIV shares. Evercore raised F5 from an “in-line” rating to an “outperform” rating and set a $475.00 price objective for the company in a research report on Monday, May 18th. Morgan Stanley raised their target price on F5 from $380.00 to $415.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. Zacks Research downgraded F5 from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Piper Sandler reiterated an “overweight” rating and set a $461.00 price target (up from $423.00) on shares of F5 in a report on Tuesday, July 28th. Finally, Weiss Ratings raised F5 from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $416.62.
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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