The Manufacturers Life Insurance Company acquired a new stake in shares of F5, Inc. (NASDAQ:FFIV – Free Report) in the second quarter, HoldingsChannel reports. The firm acquired 28,099 shares of the network technology company’s stock, valued at approximately $11,688,000.
Several other large investors also recently bought and sold shares of FFIV. Persistent Asset Partners Ltd bought a new stake in shares of F5 in the 2nd quarter worth about $36,000. Hazlett Burt & Watson Inc. bought a new stake in shares of F5 during the 4th quarter worth approximately $26,000. Hantz Financial Services Inc. lifted its position in shares of F5 by 109.8% during the fourth quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock worth $27,000 after purchasing an additional 56 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in F5 in the 4th quarter valued at about $28,000. Finally, SJS Investment Consulting Inc. boosted its holdings in shares of F5 by 963.6% in the first quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company’s stock valued at $34,000 after purchasing an additional 106 shares during the period. Institutional investors own 90.66% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have commented on the stock. Barclays raised their target price on shares of F5 from $386.00 to $397.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 28th. Wall Street Zen raised shares of F5 from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Evercore upgraded F5 from an “in-line” rating to an “outperform” rating and set a $475.00 price objective for the company in a research note on Monday, May 18th. Weiss Ratings upgraded shares of F5 from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Finally, Zacks Research lowered F5 from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, F5 presently has an average rating of “Hold” and a consensus target price of $416.62.
Insider Buying and Selling
In related news, EVP Thomas Dean Fountain sold 1,208 shares of F5 stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $414.63, for a total value of $500,873.04. Following the completion of the sale, the executive vice president owned 8,060 shares in the company, valued at approximately $3,341,917.80. This trade represents a 13.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 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 completion of the sale, 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 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. Over the last three months, insiders have sold 15,699 shares of company stock valued at $6,316,411. 0.48% of the stock is currently owned by company insiders.
F5 Price Performance
Shares of F5 stock opened at $394.24 on Friday. The stock’s 50 day simple moving average is $404.32 and its 200-day simple moving average is $351.96. The stock has a market cap of $22.33 billion, a P/E ratio of 31.39, a P/E/G ratio of 3.85 and a beta of 1.03. F5, Inc. has a 1-year low of $223.76 and a 1-year high of $435.00.
F5 (NASDAQ:FFIV – Get Free Report) last issued its earnings results on Monday, July 27th. The network technology company reported $4.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.00 by $0.73. F5 had a return on equity of 21.54% and a net margin of 21.95%.The business had revenue of $865.08 million during the quarter, compared to the consensus estimate of $834.60 million. During the same period last year, the company earned $4.16 EPS. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. As a group, research analysts expect that F5, Inc. will post 13.65 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.
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