Fisher Asset Management LLC Buys 12,023 Shares of F5, Inc. $FFIV

Fisher Asset Management LLC lifted its position in shares of F5, Inc. (NASDAQ:FFIV) by 22.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,771 shares of the network technology company’s stock after acquiring an additional 12,023 shares during the period. Fisher Asset Management LLC’s holdings in F5 were worth $20,933,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Millennium Management LLC grew its stake in shares of F5 by 166.5% during the first quarter. Millennium Management LLC now owns 62,906 shares of the network technology company’s stock worth $16,750,000 after buying an additional 39,305 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of F5 by 1,281.4% in the first quarter. NewEdge Advisors LLC now owns 967 shares of the network technology company’s stock valued at $257,000 after buying an additional 897 shares during the period. Goldman Sachs Group Inc. raised its position in shares of F5 by 38.4% during the first quarter. Goldman Sachs Group Inc. now owns 298,297 shares of the network technology company’s stock worth $79,428,000 after acquiring an additional 82,835 shares during the last quarter. Focus Partners Wealth acquired a new position in shares of F5 in the first quarter worth approximately $257,000. Finally, Geneos Wealth Management Inc. boosted its holdings in F5 by 288.1% in the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock valued at $43,000 after acquiring an additional 121 shares during the last quarter. Institutional investors own 90.66% of the company’s stock.

Analysts Set New Price Targets

FFIV has been the subject of a number of recent analyst reports. Weiss Ratings downgraded F5 from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 27th. Morgan Stanley decreased their target price on shares of F5 from $336.00 to $296.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 17th. The Goldman Sachs Group raised their price objective on F5 from $285.00 to $320.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Royal Bank Of Canada increased their price target on F5 from $325.00 to $345.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of F5 in a research note on Wednesday, January 28th. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, F5 presently has an average rating of “Hold” and a consensus target price of $309.89.

F5 Stock Performance

Shares of FFIV opened at $286.12 on Thursday. F5, Inc. has a 52-week low of $223.76 and a 52-week high of $346.00. The stock’s 50-day simple moving average is $271.27 and its 200 day simple moving average is $281.37. The stock has a market capitalization of $16.17 billion, a price-to-earnings ratio of 23.67, a price-to-earnings-growth ratio of 7.97 and a beta of 1.01.

F5 (NASDAQ:FFIV) last announced its quarterly earnings results on Tuesday, January 27th. The network technology company reported $4.45 earnings per share for the quarter, beating the consensus estimate of $3.63 by $0.82. F5 had a return on equity of 22.08% and a net margin of 22.45%.The firm had revenue of $822.47 million for the quarter, compared to analysts’ expectations of $755.97 million. During the same period in the prior year, the business posted $3.84 earnings per share. The company’s revenue was up 7.3% on a year-over-year basis. F5 has set its Q2 2026 guidance at 3.340-3.460 EPS and its FY 2026 guidance at 15.650-16.050 EPS. On average, research analysts forecast that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Michael L. Dreyer sold 3,067 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $282.41, for a total transaction of $866,151.47. Following the completion of the transaction, the director directly owned 1,309 shares in the company, valued at $369,674.69. The trade was a 70.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Angelique M. Okeke sold 386 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $278.32, for a total transaction of $107,431.52. Following the completion of the transaction, the executive vice president directly owned 1,874 shares in the company, valued at approximately $521,571.68. The trade was a 17.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 19,199 shares of company stock worth $5,162,666. Company insiders own 0.48% of the company’s stock.

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.