Thrivent Financial for Lutherans Has $2.92 Million Position in F5, Inc. $FFIV

Thrivent Financial for Lutherans reduced its stake in F5, Inc. (NASDAQ:FFIV) by 17.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,443 shares of the network technology company’s stock after selling 2,466 shares during the period. Thrivent Financial for Lutherans’ holdings in F5 were worth $2,921,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FFIV. UBS Group AG grew its stake in shares of F5 by 141.2% in the fourth quarter. UBS Group AG now owns 1,023,869 shares of the network technology company’s stock valued at $261,353,000 after acquiring an additional 599,384 shares in the last quarter. M&T Bank Corp grew its stake in shares of F5 by 17,181.1% in the fourth quarter. M&T Bank Corp now owns 309,158 shares of the network technology company’s stock valued at $78,916,000 after acquiring an additional 307,369 shares in the last quarter. Caisse de depot et placement du Quebec grew its stake in shares of F5 by 169.2% in the third quarter. Caisse de depot et placement du Quebec now owns 462,740 shares of the network technology company’s stock valued at $149,553,000 after acquiring an additional 290,828 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of F5 by 422.7% in the third quarter. Victory Capital Management Inc. now owns 347,125 shares of the network technology company’s stock valued at $112,187,000 after acquiring an additional 280,719 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab acquired a new position in shares of F5 in the fourth quarter valued at about $31,517,000. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Barclays upped their price target on shares of F5 from $283.00 to $292.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded shares of F5 from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 30th. Evercore upgraded shares of F5 from an “in-line” rating to an “outperform” rating and set a $475.00 price target on the stock in a research note on Monday, May 18th. Piper Sandler restated an “overweight” rating on shares of F5 in a research note on Wednesday, April 29th. Finally, Royal Bank Of Canada upped their price target on shares of F5 from $375.00 to $425.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Six 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $353.00.

F5 Price Performance

Shares of F5 stock opened at $393.63 on Monday. The company has a market capitalization of $22.21 billion, a price-to-earnings ratio of 32.29, a PEG ratio of 9.05 and a beta of 1.00. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $395.77. The firm’s 50-day moving average price is $316.75 and its two-hundred day moving average price is $281.09.

F5 (NASDAQ:FFIV) last announced its quarterly earnings data on Tuesday, April 28th. The network technology company reported $3.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.47 by $0.43. The firm had revenue of $811.70 million for the quarter, compared to the consensus estimate of $783.82 million. F5 had a net margin of 21.96% and a return on equity of 21.50%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the prior year, the company 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. On average, sell-side analysts expect that F5, Inc. will post 12.79 earnings per share for the current year.

Insider Activity

In other F5 news, CFO Edward Cooper Werner sold 1,500 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $350.00, for a total transaction of $525,000.00. Following the sale, the chief financial officer directly owned 2,906 shares in the company, valued at $1,017,100. This represents a 34.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Francois Locoh-Donou sold 3,783 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $337.39, for a total transaction of $1,276,346.37. Following the sale, the chief executive officer owned 146,989 shares in the company, valued at $49,592,618.71. The trade was a 2.51% 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 24,491 shares of company stock valued at $7,966,227. 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.