Lifeworks Advisors LLC lifted its holdings in shares of F5, Inc. (NASDAQ:FFIV – Free Report) by 32.4% during the first quarter, Holdings Channel.com reports. The firm owned 19,679 shares of the network technology company’s stock after acquiring an additional 4,812 shares during the quarter. Lifeworks Advisors LLC’s holdings in F5 were worth $5,694,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Jericho Capital Asset Management L.P. bought a new position in F5 during the 4th quarter worth $579,699,000. Northwestern Mutual Wealth Management Co. lifted its holdings in F5 by 15,103.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,170,216 shares of the network technology company’s stock worth $298,709,000 after buying an additional 1,162,519 shares during the period. First Trust Advisors LP grew its position 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 last quarter. Norges Bank bought a new stake in shares of F5 in the 4th quarter valued at about $205,706,000. Finally, Deutsche Bank AG increased its stake in shares of F5 by 175.2% in the fourth quarter. Deutsche Bank AG now owns 958,947 shares of the network technology company’s stock valued at $244,781,000 after buying an additional 610,437 shares during the period. Institutional investors own 90.66% of the company’s stock.
Insider Activity
In other F5 news, EVP Thomas Dean Fountain sold 1,328 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $330.58, for a total transaction of $439,010.24. Following the transaction, the executive vice president directly owned 8,060 shares in the company, valued at approximately $2,664,474.80. This represents a 14.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad Michael Whalen sold 6,200 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $350.19, for a total transaction of $2,171,178.00. Following the sale, the executive vice president directly owned 20,832 shares of the company’s stock, valued at approximately $7,295,158.08. This trade represents a 22.94% 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. In the last three months, insiders sold 22,579 shares of company stock worth $7,836,860. Company insiders own 0.48% of the company’s stock.
F5 Stock Performance
F5 (NASDAQ:FFIV – Get Free Report) last announced its earnings results on Tuesday, April 28th. The network technology company reported $3.90 EPS for the quarter, beating the consensus estimate of $3.47 by $0.43. F5 had a return on equity of 21.50% and a net margin of 21.96%.The company had revenue of $811.70 million for the quarter, compared to analyst estimates of $783.82 million. During the same quarter in the prior year, the company earned $3.42 EPS. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. 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, analysts forecast that F5, Inc. will post 12.78 earnings per share for the current year.
Analysts Set New Price Targets
FFIV has been the subject of a number of analyst reports. Needham & Company LLC restated a “hold” rating on shares of F5 in a research report on Wednesday, April 29th. Bank of America increased their target price on shares of F5 from $250.00 to $300.00 and gave the company an “underperform” rating in a research report on Tuesday, May 26th. Morgan Stanley raised their price target on shares of F5 from $340.00 to $380.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 20th. Piper Sandler boosted their price target on shares of F5 from $356.00 to $423.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Finally, Royal Bank Of Canada upped their price objective on shares of F5 from $425.00 to $450.00 and gave the company an “outperform” rating in a research note on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $382.67.
Get Our Latest Stock Analysis on FFIV
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.
See Also
- Five stocks we like better than F5
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
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.
