CIBC Asset Management Inc grew its position in F5, Inc. (NASDAQ:FFIV – Free Report) by 66.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 13,845 shares of the network technology company’s stock after acquiring an additional 5,533 shares during the period. CIBC Asset Management Inc’s holdings in F5 were worth $3,534,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Barclays PLC boosted its holdings in shares of F5 by 51.7% in the 3rd quarter. Barclays PLC now owns 310,368 shares of the network technology company’s stock valued at $100,308,000 after buying an additional 105,738 shares in the last quarter. Alberta Investment Management Corp boosted its holdings in shares of F5 by 173.3% in the 3rd quarter. Alberta Investment Management Corp now owns 8,200 shares of the network technology company’s stock valued at $2,650,000 after buying an additional 5,200 shares in the last quarter. Norges Bank bought a new stake in shares of F5 in the 4th quarter valued at about $205,706,000. JPMorgan Chase & Co. boosted its holdings in shares of F5 by 11.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 381,350 shares of the network technology company’s stock valued at $123,249,000 after buying an additional 39,445 shares in the last quarter. Finally, HighTower Advisors LLC bought a new stake in shares of F5 in the 3rd quarter valued at about $1,571,000. 90.66% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, CEO Francois Locoh-Donou sold 3,783 shares of F5 stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $337.39, for a total value of $1,276,346.37. Following the completion of the sale, the chief executive officer directly owned 146,989 shares in the company, valued at $49,592,618.71. This trade represents a 2.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $330.58, for a total transaction of $439,010.24. Following the transaction, the executive vice president directly owned 8,060 shares of the company’s stock, valued at $2,664,474.80. This represents a 14.15% 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. Insiders sold 21,579 shares of company stock worth $7,437,510 over the last ninety days. Company insiders own 0.48% of the company’s stock.
F5 Price Performance
F5 (NASDAQ:FFIV – Get Free Report) last released its earnings results on Tuesday, April 28th. The network technology company reported $3.90 EPS for the quarter, topping analysts’ consensus estimates of $3.47 by $0.43. The company had revenue of $811.70 million during the quarter, compared to analysts’ expectations of $783.82 million. F5 had a net margin of 21.96% and a return on equity of 21.50%. F5’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period last year, the business earned $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 expect that F5, Inc. will post 12.78 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on FFIV. Evercore upgraded shares of F5 from an “in-line” rating to an “outperform” rating and set a $475.00 price target on the stock in a report on Monday, May 18th. Piper Sandler raised their price target on shares of F5 from $356.00 to $423.00 and gave the company an “overweight” rating in a report on Friday, May 29th. JPMorgan Chase & Co. raised their price target on shares of F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $425.00 price target on shares of F5 in a report on Friday, May 29th. Finally, Weiss Ratings upgraded shares of F5 from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 30th. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $379.89.
Read Our Latest Stock Report on F5
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.
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