F5, Inc. $FFIV Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System lowered its stake in shares of F5, Inc. (NASDAQ:FFIV) by 8.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 148,307 shares of the network technology company’s stock after selling 13,165 shares during the period. California Public Employees Retirement System’s holdings in F5 were worth $42,910,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Millennium Management LLC grew its holdings in F5 by 166.5% during the first quarter. Millennium Management LLC now owns 62,906 shares of the network technology company’s stock worth $16,750,000 after acquiring an additional 39,305 shares during the period. NewEdge Advisors LLC grew its stake in shares of F5 by 1,281.4% during 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 during the period. Goldman Sachs Group Inc. grew its stake in shares of F5 by 38.4% during 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 during the period. Focus Partners Wealth purchased a new position in shares of F5 during the 1st quarter valued at approximately $257,000. Finally, Geneos Wealth Management Inc. boosted its holdings in F5 by 288.1% during the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock worth $43,000 after buying an additional 121 shares in the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

Insider Activity at F5

In related news, CFO Edward Cooper Werner sold 2,500 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $400.00, for a total transaction of $1,000,000.00. Following the transaction, the chief financial officer directly owned 406 shares in the company, valued at approximately $162,400. The trade was a 86.03% decrease in their ownership of the stock. The transaction was disclosed in a legal 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, Director Elizabeth Buse sold 1,000 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $399.35, for a total transaction of $399,350.00. Following the completion of the sale, the director owned 4,947 shares of the company’s stock, valued at approximately $1,975,584.45. The trade was a 16.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 22,579 shares of company stock worth $7,836,860 over the last 90 days. Corporate insiders own 0.48% of the company’s stock.

Wall Street Analyst Weigh In

FFIV has been the subject of a number of recent analyst reports. Morgan Stanley lifted their price objective on shares of F5 from $340.00 to $380.00 and gave the company an “equal weight” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. lifted their price target on 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 increased their price target on F5 from $250.00 to $300.00 and gave the stock an “underperform” rating in a research report on Tuesday, May 26th. Royal Bank Of Canada restated an “outperform” rating on shares of F5 in a research report on Thursday. Finally, Needham & Company LLC reiterated a “hold” rating on shares of F5 in a research report on Wednesday, April 29th. 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 stock. According to MarketBeat, F5 has a consensus rating of “Moderate Buy” and an average price target of $382.67.

F5 Trading Up 0.7%

FFIV stock opened at $411.92 on Tuesday. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $435.00. The business’s 50-day moving average is $397.23 and its 200 day moving average is $325.96. The stock has a market cap of $23.24 billion, a price-to-earnings ratio of 33.79, a PEG ratio of 4.80 and a beta of 1.03.

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

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.