Chicago Partners Investment Group LLC grew its position in shares of F5, Inc. (NASDAQ:FFIV – Free Report) by 136.0% in the first quarter, HoldingsChannel reports. The fund owned 2,412 shares of the network technology company’s stock after acquiring an additional 1,390 shares during the period. Chicago Partners Investment Group LLC’s holdings in F5 were worth $751,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in FFIV. Jericho Capital Asset Management L.P. acquired a new stake in shares of F5 in the fourth quarter valued at about $579,699,000. Northwestern Mutual Wealth Management Co. grew its stake in 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 buying an additional 1,162,519 shares during the last quarter. First Trust Advisors LP boosted its stake in 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 period. Norges Bank bought a new stake in F5 in the 4th quarter valued at $205,706,000. Finally, Deutsche Bank AG grew its holdings in F5 by 175.2% in the 4th quarter. Deutsche Bank AG now owns 958,947 shares of the network technology company’s stock valued at $244,781,000 after buying an additional 610,437 shares in the last quarter. 90.66% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the company. Piper Sandler lifted their target price on F5 from $356.00 to $423.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of F5 in a research report on Thursday. Needham & Company LLC reiterated a “hold” rating on shares of F5 in a research note on Wednesday, April 29th. Zacks Research raised shares of F5 from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. Finally, Barclays increased their target price on shares of F5 from $292.00 to $386.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $382.67.
Insider Transactions at F5
In other F5 news, CEO Francois Locoh-Donou sold 3,783 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $337.39, for a total value of $1,276,346.37. Following the completion of the transaction, the chief executive officer owned 146,989 shares of the company’s stock, valued at $49,592,618.71. This represents a 2.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Edward Cooper Werner sold 2,500 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $400.00, for a total value of $1,000,000.00. Following the completion of the transaction, the chief financial officer owned 406 shares of the company’s stock, valued at $162,400. This represents a 86.03% 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. In the last three months, insiders have sold 22,579 shares of company stock valued at $7,836,860. 0.48% of the stock is owned by company insiders.
F5 Trading Up 1.4%
Shares of F5 stock opened at $409.10 on Friday. The company has a market cap of $23.08 billion, a PE ratio of 33.56, a price-to-earnings-growth ratio of 4.73 and a beta of 1.03. The company has a 50 day moving average of $396.16 and a 200-day moving average of $324.43. 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 announced its quarterly earnings data 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 net margin of 21.96% and a return on equity of 21.50%. The business had revenue of $811.70 million for the quarter, compared to analysts’ expectations of $783.82 million. During the same period last year, the firm posted $3.42 earnings per share. The firm’s quarterly 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. Research analysts forecast that F5, Inc. will post 12.78 earnings per share for the current 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.
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