Geode Capital Management LLC Cuts Stock Position in F5, Inc. $FFIV

Geode Capital Management LLC lessened its position in F5, Inc. (NASDAQ:FFIV) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,714,608 shares of the network technology company’s stock after selling 56,653 shares during the quarter. Geode Capital Management LLC’s holdings in F5 were worth $437,153,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of FFIV. Millennium Management LLC raised its holdings in shares of F5 by 166.5% in the 1st quarter. Millennium Management LLC now owns 62,906 shares of the network technology company’s stock valued at $16,750,000 after buying an additional 39,305 shares during the period. NewEdge Advisors LLC raised its holdings in shares of F5 by 1,281.4% in the 1st 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 holdings in shares of F5 by 38.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 298,297 shares of the network technology company’s stock valued at $79,428,000 after buying an additional 82,835 shares during the period. Focus Partners Wealth purchased a new stake in shares of F5 in the 1st quarter valued at $257,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of F5 by 288.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock valued at $43,000 after buying an additional 121 shares during the period. Hedge funds and other institutional investors own 90.66% of the company’s stock.

Wall Street Analysts Forecast Growth

FFIV has been the topic of several research analyst reports. Morgan Stanley boosted their price objective on F5 from $340.00 to $380.00 and gave the company an “equal weight” rating in a report on Wednesday, May 20th. Needham & Company LLC reiterated a “hold” rating on shares of F5 in a report on Wednesday, April 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $425.00 price objective on shares of F5 in a report on Friday. Bank of America boosted their price objective on F5 from $250.00 to $300.00 and gave the company an “underperform” rating in a report on Tuesday, May 26th. Finally, Barclays upped their price target on F5 from $292.00 to $386.00 and gave the stock an “equal weight” rating in a report on Friday. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $379.89.

Insider Activity 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 transaction of $1,276,346.37. Following the sale, the chief executive officer owned 146,989 shares in the company, 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 through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas Dean Fountain sold 1,328 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $330.58, for a total value of $439,010.24. Following the transaction, the executive vice president directly owned 8,060 shares of the company’s stock, valued at approximately $2,664,474.80. This represents a 14.15% 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 have sold 24,491 shares of company stock worth $7,966,227 over the last quarter. 0.48% of the stock is currently owned by insiders.

F5 Price Performance

Shares of NASDAQ FFIV opened at $383.45 on Monday. The stock’s 50-day moving average is $327.19 and its two-hundred day moving average is $286.18. F5, Inc. has a 1-year low of $223.76 and a 1-year high of $399.59. The company has a market cap of $21.63 billion, a price-to-earnings ratio of 31.46, a price-to-earnings-growth ratio of 8.82 and a beta of 1.04.

F5 (NASDAQ:FFIV) last issued its quarterly earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.43. F5 had a return on equity of 21.50% and a net margin of 21.96%.The company had revenue of $811.70 million for the quarter, compared to the consensus estimate of $783.82 million. During the same quarter in the prior year, the business earned $3.42 EPS. F5’s 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. Equities research analysts anticipate that F5, Inc. will post 12.79 earnings per share for the current fiscal year.

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.