The Manufacturers Life Insurance Company purchased a new stake in shares of F5, Inc. (NASDAQ:FFIV – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 28,099 shares of the network technology company’s stock, valued at approximately $11,688,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Hazlett Burt & Watson Inc. bought a new position in F5 during the fourth quarter valued at about $26,000. Hantz Financial Services Inc. boosted its holdings in shares of F5 by 109.8% in the fourth 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 during the period. Elyxium Wealth LLC purchased a new position in F5 during the 4th quarter valued at about $28,000. SJS Investment Consulting Inc. grew its stake in F5 by 963.6% during the first quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company’s stock valued at $34,000 after acquiring an additional 106 shares in the last quarter. Finally, Capital Advisors Ltd. LLC raised its position in shares of F5 by 113.8% in the first quarter. Capital Advisors Ltd. LLC now owns 124 shares of the network technology company’s stock worth $36,000 after buying an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 90.66% of the company’s stock.
Analysts Set New Price Targets
Several brokerages have issued reports on FFIV. Wall Street Zen upgraded shares of F5 from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Evercore raised shares of F5 from an “in-line” rating to an “outperform” rating and set a $475.00 target price on the stock in a research note on Monday, May 18th. Weiss Ratings upgraded F5 from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. raised their target price on shares of F5 from $500.00 to $515.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Finally, Needham & Company LLC restated a “hold” rating on shares of F5 in a research report on Tuesday, July 28th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $416.62.
F5 Price Performance
Shares of NASDAQ:FFIV opened at $394.24 on Friday. The stock’s fifty day moving average price is $404.32 and its 200-day moving average price is $351.96. F5, Inc. has a 1 year low of $223.76 and a 1 year high of $435.00. The company has a market cap of $22.33 billion, a P/E ratio of 31.39, a PEG ratio of 3.85 and a beta of 1.03.
F5 (NASDAQ:FFIV – Get Free Report) last issued its quarterly earnings data on Monday, July 27th. The network technology company reported $4.73 earnings per share for the quarter, beating analysts’ consensus estimates of $4.00 by $0.73. The company 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 firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the prior 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, sell-side analysts anticipate that F5, Inc. will post 13.65 earnings per share for the current year.
Insider Activity
In related 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 transaction of $405,850.00. Following the transaction, the insider directly owned 1,353 shares in the company, valued at approximately $549,115.05. The trade was a 42.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Francois Locoh-Donou sold 3,782 shares of F5 stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $412.44, for a total value of $1,559,848.08. Following the transaction, the chief executive officer directly owned 146,989 shares in the company, valued at approximately $60,624,143.16. The trade was a 2.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 15,699 shares of company stock worth $6,316,411. Company insiders own 0.48% of the company’s stock.
About F5
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.
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