PNC Financial Services Group Inc. Reduces Stock Holdings in F5, Inc. $FFIV

PNC Financial Services Group Inc. trimmed its holdings in shares of F5, Inc. (NASDAQ:FFIV) by 30.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 5,778 shares of the network technology company’s stock after selling 2,516 shares during the period. PNC Financial Services Group Inc.’s holdings in F5 were worth $1,475,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Pacific Sage Partners LLC grew its stake in F5 by 0.6% during the 4th quarter. Pacific Sage Partners LLC now owns 7,122 shares of the network technology company’s stock worth $1,818,000 after buying an additional 40 shares during the last quarter. Coldstream Capital Management Inc. grew its stake in F5 by 4.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,047 shares of the network technology company’s stock worth $338,000 after buying an additional 45 shares during the last quarter. Alps Advisors Inc. grew its stake in F5 by 3.8% during the 3rd quarter. Alps Advisors Inc. now owns 1,414 shares of the network technology company’s stock worth $457,000 after buying an additional 52 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in F5 by 0.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,569 shares of the network technology company’s stock worth $1,677,000 after buying an additional 52 shares during the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC grew its stake in F5 by 5.0% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 1,180 shares of the network technology company’s stock worth $381,000 after buying an additional 56 shares during the last quarter. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FFIV has been the topic of several research analyst reports. Evercore upgraded 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. Weiss Ratings upgraded F5 from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 30th. JPMorgan Chase & Co. boosted 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. Morgan Stanley boosted their price target on F5 from $340.00 to $380.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 20th. Finally, Barclays reiterated an “overweight” rating on shares of F5 in a research note on Tuesday. Seven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $358.56.

Insiders Place Their Bets

In other news, CFO Edward Cooper Werner sold 1,500 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $350.00, for a total value of $525,000.00. Following the completion of the transaction, the chief financial officer owned 2,906 shares of the company’s stock, valued at $1,017,100. The trade was a 34.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Kunal Anand sold 3,123 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $322.33, for a total value of $1,006,636.59. Following the completion of the transaction, the chief technology officer directly owned 12,194 shares of the company’s stock, valued at approximately $3,930,492.02. This trade represents a 20.39% decrease in their position. 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 quarter, insiders have sold 24,491 shares of company stock worth $7,966,227. 0.48% of the stock is currently owned by company insiders.

F5 Stock Performance

F5 stock opened at $383.43 on Friday. The company has a market cap of $21.63 billion, a PE ratio of 31.45, a PEG ratio of 8.92 and a beta of 1.00. The business’s 50-day simple moving average is $325.16 and its two-hundred day simple moving average is $285.18. F5, Inc. has a fifty-two week low of $223.76 and a fifty-two week high of $399.59.

F5 (NASDAQ:FFIV) last issued its quarterly earnings data on Tuesday, April 28th. The network technology company reported $3.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.47 by $0.43. The business had revenue of $811.70 million during the quarter, compared to analysts’ expectations of $783.82 million. F5 had a return on equity of 21.50% and a net margin of 21.96%.The company’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.42 EPS. 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, analysts predict that F5, Inc. will post 12.79 EPS for the current fiscal year.

F5 Company 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.