Dai ichi Life Insurance Company Ltd Trims Holdings in F5, Inc. $FFIV

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

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jericho Capital Asset Management L.P. purchased a new position in F5 in the fourth quarter worth approximately $579,699,000. Northwestern Mutual Wealth Management Co. lifted 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 purchasing an additional 1,162,519 shares during the last quarter. First Trust Advisors LP lifted its stake 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 valued at $702,897,000 after purchasing an additional 1,119,291 shares during the last quarter. Norges Bank purchased a new position in shares of F5 during the 4th quarter worth $205,706,000. Finally, Deutsche Bank AG grew its holdings in shares of F5 by 175.2% during the 4th quarter. Deutsche Bank AG now owns 958,947 shares of the network technology company’s stock worth $244,781,000 after purchasing an additional 610,437 shares during the period. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on FFIV shares. Morgan Stanley raised their price objective on F5 from $340.00 to $380.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 20th. Evercore raised shares of F5 from an “in-line” rating to an “outperform” rating and set a $475.00 target price for the company in a research note on Monday, May 18th. Zacks Research upgraded shares of F5 from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. Piper Sandler boosted their price target on shares of F5 from $356.00 to $423.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. Finally, Needham & Company LLC restated a “hold” rating on shares of F5 in a 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 assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $382.67.

Insider Activity

In other news, EVP Chad Michael Whalen sold 6,200 shares of F5 stock in a transaction on Friday, May 8th. The shares were sold at an average price of $350.19, for a total transaction of $2,171,178.00. Following the completion of the sale, the executive vice president directly owned 20,832 shares of the company’s stock, valued at approximately $7,295,158.08. The trade was a 22.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas Dean Fountain sold 1,328 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $330.58, for a total value of $439,010.24. Following the completion of the sale, the executive vice president owned 8,060 shares in the company, valued at approximately $2,664,474.80. This represents a 14.15% 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. In the last three months, insiders sold 22,579 shares of company stock valued at $7,836,860. 0.48% of the stock is owned by corporate insiders.

F5 Stock Up 1.1%

F5 stock opened at $392.21 on Friday. The firm has a market cap of $22.13 billion, a PE ratio of 32.17, a price-to-earnings-growth ratio of 4.60 and a beta of 1.03. F5, Inc. has a 52-week low of $223.76 and a 52-week high of $435.00. The company’s 50 day moving average is $400.23 and its two-hundred day moving average is $329.44.

F5 (NASDAQ:FFIV) last released its earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share (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 during the quarter, compared to analyst estimates of $783.82 million. During the same period last year, the business posted $3.42 earnings per share. F5’s revenue was up 11.0% compared to the same quarter last year. 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, equities research analysts anticipate that F5, Inc. will post 12.78 earnings per share for the current fiscal year.

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.