Bank of New York Mellon Corp Has $111.65 Million Holdings in F5, Inc. $FFIV

Bank of New York Mellon Corp trimmed its holdings in F5, Inc. (NASDAQ:FFIV) by 6.7% in the 1st quarter, Holdings Channel reports. The fund owned 385,894 shares of the network technology company’s stock after selling 27,894 shares during the quarter. Bank of New York Mellon Corp’s holdings in F5 were worth $111,651,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Jericho Capital Asset Management L.P. acquired a new position in F5 during the 4th quarter valued at $579,699,000. Northwestern Mutual Wealth Management Co. boosted its holdings in F5 by 15,103.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,170,216 shares of the network technology company’s stock valued at $298,709,000 after purchasing an additional 1,162,519 shares during the period. First Trust Advisors LP grew its position in F5 by 68.5% in the 4th quarter. First Trust Advisors LP now owns 2,753,652 shares of the network technology company’s stock worth $702,897,000 after purchasing an additional 1,119,291 shares during the last quarter. Norges Bank acquired a new stake in F5 in the 4th quarter worth $205,706,000. Finally, Deutsche Bank AG increased its holdings in shares of F5 by 175.2% during the 4th quarter. Deutsche Bank AG now owns 958,947 shares of the network technology company’s stock worth $244,781,000 after purchasing an additional 610,437 shares during the period. Institutional investors and hedge funds own 90.66% of the company’s stock.

F5 Stock Up 0.7%

NASDAQ:FFIV opened at $411.92 on Tuesday. The firm has a market cap of $23.24 billion, a PE ratio of 33.79, a price-to-earnings-growth ratio of 4.80 and a beta of 1.03. F5, Inc. has a 12 month low of $223.76 and a 12 month high of $435.00. The company’s 50-day moving average price is $397.23 and its two-hundred day moving average price is $325.96.

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

Insiders Place Their Bets

In related news, CEO Francois Locoh-Donou sold 3,783 shares of the stock in a transaction that occurred on 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 directly owned 146,989 shares in the company, valued at $49,592,618.71. This represents a 2.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad Michael Whalen sold 6,200 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $350.19, for a total value of $2,171,178.00. Following the sale, the executive vice president directly owned 20,832 shares of the company’s stock, valued at $7,295,158.08. This represents a 22.94% 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. Insiders sold 22,579 shares of company stock worth $7,836,860 over the last ninety days. 0.48% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on FFIV shares. JPMorgan Chase & Co. upped their price objective on shares of F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Bank of America lifted their target price on F5 from $250.00 to $300.00 and gave the stock an “underperform” rating in a research report on Tuesday, May 26th. Barclays boosted their price target on F5 from $292.00 to $386.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. Needham & Company LLC reaffirmed a “hold” rating on shares of F5 in a report on Wednesday, April 29th. Finally, Morgan Stanley raised their price objective on F5 from $340.00 to $380.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $382.67.

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.