F5, Inc. $FFIV Shares Sold by Dai ichi Life Insurance Company Ltd

Dai ichi Life Insurance Company Ltd lessened its holdings in shares of F5, Inc. (NASDAQ:FFIV) by 8.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,104 shares of the network technology company’s stock after selling 1,963 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in F5 were worth $5,817,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Millennium Management LLC raised its stake in F5 by 166.5% in the first quarter. Millennium Management LLC now owns 62,906 shares of the network technology company’s stock valued at $16,750,000 after buying an additional 39,305 shares during the last quarter. NewEdge Advisors LLC boosted its stake in F5 by 1,281.4% in the 1st quarter. NewEdge Advisors LLC now owns 967 shares of the network technology company’s stock worth $257,000 after purchasing an additional 897 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in F5 by 38.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 298,297 shares of the network technology company’s stock worth $79,428,000 after purchasing an additional 82,835 shares in the last quarter. Focus Partners Wealth purchased a new stake in F5 during the 1st quarter worth approximately $257,000. Finally, Geneos Wealth Management Inc. grew its position in F5 by 288.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock worth $43,000 after purchasing an additional 121 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

Wall Street Analysts Forecast Growth

FFIV has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on shares of F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Bank of America boosted their price objective on shares of F5 from $250.00 to $300.00 and gave the company an “underperform” rating in a report on Tuesday, May 26th. Evercore raised F5 from an “in-line” rating to an “outperform” rating and set a $475.00 target price on the stock in a research report on Monday, May 18th. Barclays upped their target price on F5 from $292.00 to $386.00 and gave the company an “equal weight” rating in a research report on Friday, May 29th. Finally, Piper Sandler lifted their price target on F5 from $356.00 to $423.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, F5 currently has a consensus rating of “Moderate Buy” and a consensus target price of $382.67.

F5 Stock Up 1.1%

FFIV stock opened at $392.21 on Friday. The company’s 50-day simple moving average is $400.23 and its 200-day simple moving average is $329.44. F5, Inc. has a 52-week low of $223.76 and a 52-week high of $435.00. The firm has a market cap of $22.13 billion, a P/E ratio of 32.17, a PEG ratio of 4.60 and a beta of 1.03.

F5 (NASDAQ:FFIV) last posted its earnings results on Tuesday, April 28th. The network technology company reported $3.90 EPS for the quarter, beating analysts’ consensus estimates of $3.47 by $0.43. F5 had a return on equity of 21.50% and a net margin of 21.96%.The firm had revenue of $811.70 million for the quarter, compared to analysts’ expectations of $783.82 million. During the same period last year, the firm earned $3.42 EPS. The company’s quarterly revenue was up 11.0% on a year-over-year basis. 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 anticipate that F5, Inc. will post 12.78 earnings per share for the current fiscal year.

Insider Buying and Selling at F5

In related news, CEO Francois Locoh-Donou sold 3,783 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $337.39, for a total value of $1,276,346.37. Following the transaction, the chief executive officer directly owned 146,989 shares of the company’s stock, valued at approximately $49,592,618.71. This trade represents a 2.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad Michael Whalen sold 6,200 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $350.19, for a total value of $2,171,178.00. Following the transaction, the executive vice president directly owned 20,832 shares of the company’s stock, valued at $7,295,158.08. The trade was 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. Over the last ninety days, insiders have sold 22,579 shares of company stock valued at $7,836,860. Corporate 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.