iA Global Asset Management Inc. Makes New $6.47 Million Investment in F5, Inc. $FFIV

iA Global Asset Management Inc. bought a new position in F5, Inc. (NASDAQ:FFIVFree Report) in the 1st quarter, Holdings Channel.com reports. The firm bought 22,357 shares of the network technology company’s stock, valued at approximately $6,469,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Jericho Capital Asset Management L.P. acquired a new position in F5 during the 4th quarter worth approximately $579,699,000. Northwestern Mutual Wealth Management Co. grew its position in 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 acquiring an additional 1,162,519 shares in the last quarter. First Trust Advisors LP grew 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 acquiring an additional 1,119,291 shares in the last quarter. Norges Bank purchased a new stake in shares of F5 during the fourth quarter valued at approximately $205,706,000. Finally, Deutsche Bank AG raised its stake 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 valued at $244,781,000 after purchasing an additional 610,437 shares during the period. Hedge funds and other institutional investors own 90.66% of the company’s stock.

F5 Price Performance

NASDAQ FFIV opened at $424.18 on Thursday. The company has a market capitalization of $23.93 billion, a price-to-earnings ratio of 34.80, a price-to-earnings-growth ratio of 4.88 and a beta of 1.03. F5, Inc. has a 12 month low of $223.76 and a 12 month high of $427.54. The company’s fifty day moving average price is $373.07 and its two-hundred day moving average price is $311.55.

F5 (NASDAQ:FFIVGet Free Report) last released its earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.43. The company had revenue of $811.70 million during the quarter, compared to the consensus estimate of $783.82 million. F5 had a net margin of 21.96% and a return on equity of 21.50%. The company’s revenue was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the firm 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. As a group, analysts anticipate that F5, Inc. will post 12.78 EPS for the current year.

Insider Transactions at F5

In other F5 news, CFO Edward Cooper Werner sold 2,500 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $400.00, for a total transaction of $1,000,000.00. Following the transaction, the chief financial officer owned 406 shares of the company’s stock, valued at $162,400. This trade represents a 86.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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 F5 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 completion of the transaction, the chief executive officer owned 146,989 shares of the company’s stock, valued at approximately $49,592,618.71. The trade was a 2.51% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 22,579 shares of company stock valued at $7,836,860 over the last 90 days. Corporate insiders own 0.48% of the company’s stock.

Wall Street Analysts Forecast Growth

FFIV has been the topic of a number of recent research reports. JPMorgan Chase & Co. boosted their target price on shares of F5 from $355.00 to $365.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of F5 in a research note on Friday, June 26th. Barclays lifted their price target on shares of F5 from $292.00 to $386.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Zacks Research upgraded shares of F5 from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. Finally, Morgan Stanley upped 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. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $382.67.

Get Our Latest Analysis on F5

F5 Profile

(Free Report)

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

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:FFIVFree Report).

Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

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