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8,611 Shares in F5, Inc. $FFIV Purchased by Edgestream Partners L.P.

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Key Points

  • Edgestream Partners L.P. acquired 8,611 F5 shares in the first quarter, valued at approximately $2.49 million. Institutional investors collectively own 90.66% of the company.
  • F5 insiders sold 16,311 shares worth $5.81 million over the past quarter, including sales by the CFO and an executive vice president under pre-arranged Rule 10b5-1 plans.
  • F5 exceeded quarterly expectations with adjusted EPS of $4.73 versus a $4.00 consensus and revenue of $865.08 million, up 10.9% year over year. Analysts’ consensus rating is “Hold,” with an average price target of $416.62.
  • MarketBeat previews top five stocks to own in September.

Edgestream Partners L.P. acquired a new position in F5, Inc. (NASDAQ:FFIV - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,611 shares of the network technology company's stock, valued at approximately $2,491,000.

Several other large investors have also bought and sold shares of the company. Pinnacle Wealth Management Advisory Group LLC grew its holdings in shares of F5 by 2.6% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,447 shares of the network technology company's stock worth $419,000 after acquiring an additional 36 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of F5 by 3.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,190 shares of the network technology company's stock valued at $309,000 after purchasing an additional 39 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its stake in shares of F5 by 4.4% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 968 shares of the network technology company's stock valued at $247,000 after purchasing an additional 41 shares during the period. Coldstream Capital Management Inc. boosted its position in shares of F5 by 4.5% during the third quarter. Coldstream Capital Management Inc. now owns 1,047 shares of the network technology company's stock valued at $338,000 after purchasing an additional 45 shares in the last quarter. Finally, Optas LLC boosted its position in shares of F5 by 4.7% during the first quarter. Optas LLC now owns 1,035 shares of the network technology company's stock valued at $299,000 after purchasing an additional 46 shares in the last quarter. 90.66% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CFO Edward Cooper Werner sold 2,500 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $400.00, for a total transaction of $1,000,000.00. Following the sale, the chief financial officer directly owned 406 shares of the company's stock, valued at approximately $162,400. This represents a 86.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 dated Tuesday, May 5th. The shares were sold at an average price of $330.58, for a total transaction of $439,010.24. Following the sale, the executive vice president 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 a total of 16,311 shares of company stock worth $5,810,885 over the last quarter. 0.48% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on FFIV. Royal Bank Of Canada reiterated an "outperform" rating on shares of F5 in a report on Thursday, July 16th. Barclays boosted their target price on shares of F5 from $386.00 to $397.00 and gave the company an "equal weight" rating in a report on Tuesday, July 28th. Piper Sandler reaffirmed an "overweight" rating and issued a $461.00 target price (up from $423.00) on shares of F5 in a research report on Tuesday, July 28th. Wall Street Zen upgraded shares of F5 from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, Bank of America lifted their price target on shares of F5 from $250.00 to $300.00 and gave the company an "underperform" rating in a research report on Tuesday, May 26th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $416.62.

Get Our Latest Analysis on F5

F5 Stock Performance

Shares of NASDAQ:FFIV opened at $402.57 on Monday. The stock has a fifty day simple moving average of $401.57 and a two-hundred day simple moving average of $334.36. The stock has a market capitalization of $22.71 billion, a price-to-earnings ratio of 32.05, a PEG ratio of 3.97 and a beta of 1.03. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $435.00.

F5 (NASDAQ:FFIV - Get Free Report) last released its earnings results on Monday, July 27th. The network technology company reported $4.73 EPS for the quarter, topping the consensus estimate of $4.00 by $0.73. F5 had a return on equity of 21.54% and a net margin of 21.95%.The business had revenue of $865.08 million for the quarter, compared to the consensus estimate of $834.60 million. During the same period in the previous year, the company posted $4.16 earnings per share. The company's revenue for the quarter was up 10.9% compared to the same quarter last year. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. As a group, equities research analysts predict that F5, Inc. will post 13.53 EPS for the current year.

About F5

(Free Report)

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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Want to see what other hedge funds are holding FFIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for F5, Inc. (NASDAQ:FFIV - Free Report).

Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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