Westfield Capital Management Co. LP Grows Stock Position in F5, Inc. $FFIV

Westfield Capital Management Co. LP increased its holdings in shares of F5, Inc. (NASDAQ:FFIV) by 1,634.3% during the fourth quarter, HoldingsChannel reports. The fund owned 281,299 shares of the network technology company’s stock after buying an additional 265,079 shares during the period. Westfield Capital Management Co. LP’s holdings in F5 were worth $71,804,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. acquired a new position in F5 during the fourth quarter worth $26,000. Hantz Financial Services Inc. grew its holdings in F5 by 109.8% during the fourth quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock worth $27,000 after acquiring an additional 56 shares during the period. Elyxium Wealth LLC acquired a new position in F5 during the fourth quarter worth $28,000. Abich Financial Wealth Management LLC acquired a new position in F5 during the third quarter worth $37,000. Finally, Geneos Wealth Management Inc. grew its holdings in F5 by 288.1% during the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock worth $43,000 after acquiring an additional 121 shares during the period. Institutional investors and hedge funds own 90.66% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on FFIV shares. Piper Sandler upped their target price on F5 from $356.00 to $423.00 and gave the company an “overweight” rating in a report on Friday, May 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $425.00 target price on shares of F5 in a report on Friday, May 29th. Barclays upped their target price on F5 from $292.00 to $386.00 and gave the company an “equal weight” rating in a report on Friday, May 29th. JPMorgan Chase & Co. upped their target price on F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, Needham & Company LLC reissued a “hold” rating on shares of F5 in a report on Wednesday, April 29th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $379.89.

F5 Stock Down 3.7%

FFIV opened at $393.35 on Friday. The firm has a market cap of $22.19 billion, a P/E ratio of 32.27, a PEG ratio of 9.40 and a beta of 1.04. F5, Inc. has a 52 week low of $223.76 and a 52 week high of $411.52. The business’s fifty day simple moving average is $338.41 and its 200 day simple moving average is $291.60.

F5 (NASDAQ:FFIV) last issued its quarterly earnings results 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. F5 had a return on equity of 21.50% and a net margin of 21.96%.The firm had revenue of $811.70 million for the quarter, compared to analyst estimates of $783.82 million. During the same period last year, the company earned $3.42 EPS. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. 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, equities analysts expect that F5, Inc. will post 12.78 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Thomas Dean Fountain sold 1,328 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $330.58, for a total transaction of $439,010.24. Following the sale, the executive vice president directly owned 8,060 shares in the company, valued at approximately $2,664,474.80. This trade represents a 14.15% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through 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 firm’s 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 sale, the chief financial officer owned 406 shares in the company, valued at approximately $162,400. The trade was a 86.03% 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 quarter, insiders sold 21,579 shares of company stock worth $7,437,510. Corporate insiders own 0.48% of the company’s stock.

F5 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.