Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of F5, Inc. (NASDAQ:FFIV – Free Report) during the 1st quarter, HoldingsChannel reports. The fund bought 10,307 shares of the network technology company’s stock, valued at approximately $2,982,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of F5 by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 7,357,293 shares of the network technology company’s stock valued at $1,878,023,000 after buying an additional 114,533 shares during the period. State Street Corp raised its position in F5 by 1.7% in the third quarter. State Street Corp now owns 3,226,326 shares of the network technology company’s stock valued at $1,042,716,000 after purchasing an additional 53,712 shares during the period. First Trust Advisors LP raised its position in 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 period. Jericho Capital Asset Management L.P. acquired a new position in shares of F5 in the 4th quarter valued at $579,699,000. Finally, Invesco Ltd. grew its holdings in shares of F5 by 7.5% during the 4th quarter. Invesco Ltd. now owns 1,537,680 shares of the network technology company’s stock worth $392,508,000 after purchasing an additional 106,616 shares during the period. Institutional investors and hedge funds own 90.66% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on the stock. Needham & Company LLC restated a “hold” rating on shares of F5 in a report on Wednesday, April 29th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of F5 in a research report on Thursday. Evercore raised shares of F5 from an “in-line” rating to an “outperform” rating and set a $475.00 price objective on the stock in a report on Monday, May 18th. Weiss Ratings restated a “buy (b-)” rating on shares of F5 in a report on Friday, June 26th. Finally, Zacks Research upgraded F5 from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $382.67.
Insider Buying and Selling
In related news, EVP Thomas Dean Fountain sold 1,328 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $330.58, for a total value of $439,010.24. Following the transaction, the executive vice president owned 8,060 shares in the company, valued at approximately $2,664,474.80. This trade represents a 14.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible 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 stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 406 shares of the company’s stock, valued at $162,400. This trade represents a 86.03% decrease in their position. 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 quarter, insiders sold 22,579 shares of company stock worth $7,836,860. Corporate insiders own 0.48% of the company’s stock.
F5 Trading Up 1.4%
NASDAQ:FFIV opened at $409.10 on Friday. The firm has a market cap of $23.08 billion, a price-to-earnings ratio of 33.56, a price-to-earnings-growth ratio of 4.73 and a beta of 1.03. The company’s 50-day moving average is $396.16 and its two-hundred day moving average is $324.43. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $435.00.
F5 (NASDAQ:FFIV – Get Free Report) last released its earnings results on Tuesday, April 28th. The network technology company reported $3.90 EPS for the quarter, topping the consensus estimate of $3.47 by $0.43. The firm had revenue of $811.70 million during 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%. F5’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the previous year, the company earned $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, equities research analysts forecast that F5, Inc. will post 12.78 earnings per share for the current fiscal year.
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.
See Also
- Five stocks we like better than F5
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
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:FFIV – Free Report).
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.
