California State Teachers Retirement System Buys 36,800,396 Shares of F5, Inc. $FFIV

California State Teachers Retirement System grew its stake in F5, Inc. (NASDAQ:FFIV) by 37,969.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,897,316 shares of the network technology company’s stock after buying an additional 36,800,396 shares during the quarter. California State Teachers Retirement System owned approximately 0.65% of F5 worth $15,347,808,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Pinnacle Wealth Management Advisory Group LLC raised its stake in F5 by 2.6% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,447 shares of the network technology company’s stock worth $419,000 after acquiring an additional 36 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of F5 by 3.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,190 shares of the network technology company’s stock valued at $309,000 after purchasing an additional 39 shares during the period. Meiji Yasuda Asset Management Co Ltd. raised its stake in shares of F5 by 4.4% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 968 shares of the network technology company’s stock worth $247,000 after purchasing an additional 41 shares during the last quarter. Coldstream Capital Management Inc. raised its stake in shares of F5 by 4.5% in the third quarter. Coldstream Capital Management Inc. now owns 1,047 shares of the network technology company’s stock worth $338,000 after purchasing an additional 45 shares during the last quarter. Finally, Optas LLC lifted its holdings in shares of F5 by 4.7% during the first quarter. Optas LLC now owns 1,035 shares of the network technology company’s stock worth $299,000 after purchasing an additional 46 shares during the period. 90.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FFIV has been the topic of several research reports. Weiss Ratings upgraded shares of F5 from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Piper Sandler reaffirmed an “overweight” rating and issued a $461.00 price objective (up from $423.00) on shares of F5 in a report on Tuesday, July 28th. Zacks Research lowered shares of F5 from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Bank of America raised their target price on shares of F5 from $250.00 to $300.00 and gave the stock an “underperform” rating in a report on Tuesday, May 26th. Finally, Wall Street Zen upgraded shares of F5 from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, F5 has an average rating of “Hold” and an average price target of $416.62.

F5 Price Performance

Shares of NASDAQ:FFIV opened at $390.47 on Tuesday. F5, Inc. has a 1 year low of $223.76 and a 1 year high of $435.00. The firm has a market capitalization of $22.11 billion, a PE ratio of 31.09, a P/E/G ratio of 3.82 and a beta of 1.03. The business’s 50 day moving average price is $404.53 and its 200-day moving average price is $357.56.

F5 (NASDAQ:FFIV) last posted its quarterly earnings results on Monday, July 27th. The network technology company reported $4.73 earnings per share for the quarter, topping 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 firm had revenue of $865.08 million for the quarter, compared to the consensus estimate of $834.60 million. During the same period last year, the firm posted $4.16 earnings per share. The company’s revenue for the quarter 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. As a group, analysts expect that F5, Inc. will post 13.65 earnings per share for the current year.

Insider Activity

In other F5 news, EVP Thomas Fountain sold 1,208 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $414.63, for a total transaction of $500,873.04. Following the completion of the transaction, the executive vice president owned 8,060 shares of the company’s stock, valued at $3,341,917.80. This trade represents a 13.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Angelique M. Okeke sold 515 shares of F5 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 $906,057.60. This trade represents a 18.69% 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. In the last quarter, insiders have sold 13,199 shares of company stock worth $5,316,411. 0.48% of the stock is owned by company insiders.

F5 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.