Pinebridge Investments LLC Purchases New Position in F5, Inc. $FFIV

Pinebridge Investments LLC bought a new position in shares of F5, Inc. (NASDAQ:FFIVFree Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 60,415 shares of the network technology company’s stock, valued at approximately $15,422,000.

Several other hedge funds have also recently bought and sold shares of FFIV. Hazlett Burt & Watson Inc. acquired a new stake in F5 during the 4th quarter worth approximately $26,000. Hantz Financial Services Inc. raised its holdings in F5 by 109.8% during the 4th quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock worth $27,000 after buying an additional 56 shares during the period. Elyxium Wealth LLC acquired a new stake in F5 during the 4th quarter worth approximately $28,000. Abich Financial Wealth Management LLC acquired a new stake in F5 during the 3rd quarter worth approximately $37,000. Finally, Torren Management LLC acquired a new stake in F5 during the 4th quarter worth approximately $43,000. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Chad Michael Whalen sold 6,200 shares of F5 stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $350.19, for a total value of $2,171,178.00. Following the sale, the executive vice president directly owned 20,832 shares in the company, valued at $7,295,158.08. This trade represents a 22.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $337.39, for a total transaction of $1,276,346.37. Following the completion of the transaction, the chief executive officer directly owned 146,989 shares of the company’s stock, valued at $49,592,618.71. This represents 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. Insiders sold 21,579 shares of company stock valued at $7,437,510 over the last ninety days. Insiders own 0.48% of the company’s stock.

F5 Stock Down 3.7%

NASDAQ FFIV opened at $393.35 on Friday. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $411.52. The company has a market capitalization of $22.19 billion, a PE ratio of 32.27, a price-to-earnings-growth ratio of 9.05 and a beta of 1.04. The firm’s 50 day moving average is $338.41 and its 200-day moving average is $291.60.

F5 (NASDAQ:FFIVGet Free Report) last posted 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 company had revenue of $811.70 million for the quarter, compared to the consensus estimate of $783.82 million. During the same period last year, the company earned $3.42 earnings per share. The firm’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. As a group, sell-side analysts expect that F5, Inc. will post 12.78 EPS for the current year.

Analyst Ratings Changes

Several brokerages have commented on FFIV. Evercore upgraded shares of F5 from an “in-line” rating to an “outperform” rating and set a $475.00 target price on the stock in a report on Monday, May 18th. Barclays raised their target price on shares of F5 from $292.00 to $386.00 and gave the stock an “equal weight” rating in a report on Friday, May 29th. Needham & Company LLC restated a “hold” rating on shares of F5 in a research note on Wednesday, April 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $425.00 target price on shares of F5 in a research note on Friday, May 29th. Finally, Morgan Stanley lifted their price objective on shares of F5 from $340.00 to $380.00 and gave the company an “equal weight” rating in a report on Wednesday, May 20th. Six equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $379.89.

Read Our Latest Research Report on FFIV

F5 Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding FFIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for F5, Inc. (NASDAQ:FFIVFree Report).

Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

Receive News & Ratings for F5 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F5 and related companies with MarketBeat.com's FREE daily email newsletter.