L2 Asset Management LLC Invests $1.70 Million in F5, Inc. $FFIV

L2 Asset Management LLC bought a new stake in shares of F5, Inc. (NASDAQ:FFIV) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,086 shares of the network technology company’s stock, valued at approximately $1,700,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Persistent Asset Partners Ltd purchased a new position in F5 in the 2nd quarter worth about $36,000. Hazlett Burt & Watson Inc. purchased a new stake in F5 in the 4th quarter valued at about $26,000. Hantz Financial Services Inc. grew its stake in F5 by 109.8% in the 4th quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock worth $27,000 after acquiring an additional 56 shares in the last quarter. Elyxium Wealth LLC bought a new position in F5 in the 4th quarter worth about $28,000. Finally, SJS Investment Consulting Inc. increased its position in shares of F5 by 963.6% during the first quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company’s stock worth $34,000 after acquiring an additional 106 shares during the period. 90.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FFIV. Barclays lifted their price target on shares of F5 from $386.00 to $397.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 28th. Morgan Stanley increased their price objective on F5 from $380.00 to $415.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 28th. Royal Bank Of Canada restated an “outperform” rating on shares of F5 in a report on Thursday, July 16th. Bank of America lifted their target price on F5 from $250.00 to $300.00 and gave the company an “underperform” rating in a research report on Tuesday, May 26th. Finally, Evercore upgraded F5 from an “in-line” rating to an “outperform” rating and set a $475.00 target price for the company in a report on Monday, May 18th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $416.62.

F5 Stock Performance

NASDAQ:FFIV opened at $379.04 on Tuesday. The firm has a 50-day simple moving average of $403.48 and a 200-day simple moving average of $349.07. F5, Inc. has a one year low of $223.76 and a one year high of $435.00. The firm has a market cap of $21.47 billion, a P/E ratio of 30.18, a P/E/G ratio of 3.76 and a beta of 1.03.

F5 (NASDAQ:FFIV) last released its quarterly earnings data on Monday, July 27th. The network technology company reported $4.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.00 by $0.73. The firm had revenue of $865.08 million for the quarter, compared to the consensus estimate of $834.60 million. F5 had a net margin of 21.95% and a return on equity of 21.54%. The company’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period last year, the firm earned $4.16 earnings per share. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. On average, research analysts predict that F5, Inc. will post 13.65 EPS for the current fiscal year.

Insider Activity at F5

In other news, insider John Anthony Maddison sold 1,000 shares of F5 stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $405.85, for a total value of $405,850.00. Following the transaction, the insider directly owned 1,353 shares in the company, valued at approximately $549,115.05. This trade represents a 42.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Kunal Anand sold 392 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $404.63, for a total value of $158,614.96. Following the sale, the chief technology officer owned 12,586 shares of the company’s stock, valued at $5,092,673.18. This trade represents a 3.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 15,699 shares of company stock valued at $6,316,411 over the last 90 days. Insiders own 0.48% of the company’s stock.

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.