E Fund Management Co. Ltd. Takes $643,000 Position in F5, Inc. $FFIV

E Fund Management Co. Ltd. purchased a new stake in F5, Inc. (NASDAQ:FFIVFree Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 1,545 shares of the network technology company’s stock, valued at approximately $643,000.

A number of other hedge funds have also modified their holdings of the business. BlackRock Inc. acquired a new position in F5 in the second quarter valued at about $2,611,637,000. Jericho Capital Asset Management L.P. purchased a new stake in shares of F5 in the 4th quarter valued at approximately $579,699,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of F5 by 15,103.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,170,216 shares of the network technology company’s stock valued at $298,709,000 after acquiring an additional 1,162,519 shares during the period. First Trust Advisors LP lifted its holdings 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 worth $702,897,000 after acquiring an additional 1,119,291 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of F5 in the 4th quarter worth approximately $205,706,000. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FFIV has been the subject of several research analyst reports. Morgan Stanley raised their price target on F5 from $380.00 to $415.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 28th. Wall Street Zen raised F5 from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Zacks Research cut F5 from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. 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, Needham & Company LLC reiterated a “hold” rating on shares of F5 in a research note on Tuesday, July 28th. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $416.62.

Get Our Latest Research Report on F5

Insider Transactions at F5

In other news, CEO Francois Locoh-Donou sold 3,782 shares of F5 stock in a transaction on 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 of the company’s stock, valued at $60,624,143.16. The trade was a 2.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas Dean Fountain sold 1,208 shares of F5 stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $414.63, for a total transaction of $500,873.04. Following the completion of the transaction, the executive vice president owned 8,060 shares in the company, valued at approximately $3,341,917.80. This represents a 13.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 15,699 shares of company stock worth $6,316,411. Insiders own 0.48% of the company’s stock.

F5 Trading Down 2.8%

NASDAQ:FFIV opened at $382.63 on Thursday. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $435.00. The firm has a market cap of $21.67 billion, a PE ratio of 30.46, a price-to-earnings-growth ratio of 3.85 and a beta of 1.03. The stock has a fifty day moving average price of $404.38 and a 200 day moving average price of $346.88.

F5 (NASDAQ:FFIVGet Free Report) last posted its quarterly earnings results on Monday, July 27th. The network technology company reported $4.73 EPS for the quarter, topping the consensus estimate of $4.00 by $0.73. The company had revenue of $865.08 million during the quarter, compared to analysts’ expectations of $834.60 million. F5 had a net margin of 21.95% and a return on equity of 21.54%. The firm’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.16 EPS. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. Equities analysts forecast that F5, Inc. will post 13.65 EPS for the current year.

About F5

(Free Report)

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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Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

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