PNC Financial Services Group Inc. Sells 2,516 Shares of F5, Inc. $FFIV

PNC Financial Services Group Inc. reduced its holdings in shares of F5, Inc. (NASDAQ:FFIV) by 30.3% in the fourth quarter, according to its most recent filing with the SEC. The fund 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 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Elyxium Wealth LLC bought a new stake in shares of F5 during the 4th quarter worth approximately $28,000. Abich Financial Wealth Management LLC bought a new stake in shares of F5 during the 3rd quarter worth approximately $37,000. Geneos Wealth Management Inc. lifted its stake in shares of F5 by 288.1% during the 1st 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 last quarter. Zions Bancorporation National Association UT lifted its stake in shares of F5 by 400.0% during the 3rd quarter. Zions Bancorporation National Association UT now owns 165 shares of the network technology company’s stock worth $53,000 after acquiring an additional 132 shares during the last quarter. Finally, Torren Management LLC bought a new stake in shares of F5 during the 4th quarter worth approximately $43,000. 90.66% of the stock is owned by institutional investors.

Insider Transactions at F5

In other news, EVP Chad Michael Whalen sold 6,200 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $350.19, for a total value of $2,171,178.00. Following the completion of the transaction, the executive vice president directly owned 20,832 shares of the company’s stock, valued at approximately $7,295,158.08. The trade was a 22.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Francois Locoh-Donou sold 3,783 shares of the business’s stock in a transaction on 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 directly owned 146,989 shares of the company’s stock, valued at approximately $49,592,618.71. The trade was a 2.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 24,491 shares of company stock worth $7,966,227. Company insiders own 0.48% of the company’s stock.

F5 Trading Down 1.2%

FFIV opened at $383.43 on Friday. The firm has a market cap of $21.63 billion, a price-to-earnings ratio of 31.45, a PEG ratio of 8.92 and a beta of 1.00. F5, Inc. has a 12 month low of $223.76 and a 12 month high of $399.59. The stock has a fifty day moving average price of $325.16 and a 200-day moving average price of $285.18.

F5 (NASDAQ:FFIV) last released its quarterly earnings results on Tuesday, April 28th. The network technology company reported $3.90 EPS for the quarter, topping the consensus estimate of $3.47 by $0.43. The firm had revenue of $811.70 million during the quarter, compared to analyst estimates of $783.82 million. F5 had a return on equity of 21.50% and a net margin of 21.96%.The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, equities research analysts forecast that F5, Inc. will post 12.79 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Barclays reaffirmed an “overweight” rating on shares of F5 in a research report on Tuesday. Royal Bank Of Canada lifted their target price on F5 from $375.00 to $425.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Piper Sandler reaffirmed an “overweight” rating on shares of F5 in a research report on Wednesday, April 29th. Finally, Morgan Stanley lifted their target price on F5 from $340.00 to $380.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 20th. Seven equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, F5 presently has an average rating of “Moderate Buy” and a consensus price target of $358.56.

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.