AIA Group Ltd Buys Shares of 24,700 F5, Inc. $FFIV

AIA Group Ltd purchased a new position in shares of F5, Inc. (NASDAQ:FFIV) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 24,700 shares of the network technology company’s stock, valued at approximately $7,146,000.

A number of other hedge funds have also made changes to their positions in FFIV. Hazlett Burt & Watson Inc. acquired a new stake in shares of F5 in the fourth quarter worth $26,000. Hantz Financial Services Inc. grew its stake in F5 by 109.8% in the 4th quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock valued at $27,000 after buying an additional 56 shares during the last quarter. Elyxium Wealth LLC bought a new position in F5 in the 4th quarter worth $28,000. SJS Investment Consulting Inc. raised its holdings in F5 by 963.6% in the 1st quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company’s stock worth $34,000 after acquiring an additional 106 shares during the period. Finally, Capital Advisors Ltd. LLC lifted its position in F5 by 113.8% during the 1st quarter. Capital Advisors Ltd. LLC now owns 124 shares of the network technology company’s stock worth $36,000 after acquiring an additional 66 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

Insider Activity at F5

In other news, CTO Kunal Anand sold 3,123 shares of F5 stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $322.33, for a total transaction of $1,006,636.59. Following the sale, the chief technology officer directly owned 12,194 shares in the company, valued at approximately $3,930,492.02. The trade was a 20.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $350.19, for a total transaction of $2,171,178.00. Following the completion of the sale, the executive vice president directly owned 20,832 shares in the company, valued at approximately $7,295,158.08. The trade was a 22.94% decrease in their position. The SEC filing for this sale provides additional information. 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 in the last ninety days. Company insiders own 0.48% of the company’s stock.

F5 Price Performance

FFIV stock opened at $409.10 on Monday. F5, Inc. has a twelve month low of $223.76 and a twelve month high of $435.00. The company has a market cap of $23.08 billion, a PE ratio of 33.56, a price-to-earnings-growth ratio of 4.80 and a beta of 1.03. The business’s 50-day simple moving average is $396.16 and its 200 day simple moving average is $324.89.

F5 (NASDAQ:FFIV) last announced 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 for 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%.F5’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm 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 anticipate that F5, Inc. will post 12.78 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Barclays raised their price target on F5 from $292.00 to $386.00 and gave the company an “equal weight” rating in a research report on Friday, May 29th. Royal Bank Of Canada reissued an “outperform” rating on shares of F5 in a research report on Thursday. Evercore upgraded F5 from an “in-line” rating to an “outperform” rating and set a $475.00 target price for the company in a research note on Monday, May 18th. Bank of America raised their target price on F5 from $250.00 to $300.00 and gave the company an “underperform” rating in a report on Tuesday, May 26th. Finally, Zacks Research raised F5 from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, F5 currently has an average rating of “Moderate Buy” and an average price target of $382.67.

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.