Abacus FCF Advisors LLC Invests $11.62 Million in F5, Inc. $FFIV

Abacus FCF Advisors LLC purchased a new stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 27,940 shares of the network technology company's stock, valued at approximately $11,622,000. F5 makes up approximately 2.1% of Abacus FCF Advisors LLC's portfolio, making the stock its 18th biggest position.

Other large investors have also recently modified their holdings of the company. Persistent Asset Partners Ltd purchased a new position in shares of F5 in the second quarter worth $36,000. Hazlett Burt & Watson Inc. bought a new position in F5 during the 4th quarter valued at about $26,000. Hantz Financial Services Inc. lifted its stake in F5 by 109.8% during the 4th quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company's stock valued at $27,000 after acquiring an additional 56 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of F5 during the 4th quarter valued at about $28,000. Finally, SJS Investment Consulting Inc. boosted its holdings in shares of F5 by 963.6% during the 1st quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company's stock valued at $34,000 after acquiring an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 90.66% of the company's stock.

F5 Stock Down 2.8%

Shares of FFIV opened at $382.63 on Thursday. The business has a 50-day simple moving average of $404.38 and a two-hundred day simple moving average of $346.88. F5, Inc. has a 52 week low of $223.76 and a 52 week high of $435.00. The stock has a market cap of $21.67 billion, a price-to-earnings ratio of 30.46, a PEG ratio of 3.85 and a beta of 1.03.

F5 (NASDAQ:FFIV - Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The network technology company reported $4.73 earnings per share for the quarter, beating analysts' consensus estimates of $4.00 by $0.73. The firm had revenue of $865.08 million for the quarter, compared to analysts' expectations of $834.60 million. F5 had a return on equity of 21.54% and a net margin of 21.95%.The business's quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the firm earned $4.16 EPS. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. On average, equities analysts anticipate that F5, Inc. will post 13.65 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on FFIV shares. Barclays boosted their price objective 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. Bank of America raised their target price on shares of F5 from $250.00 to $300.00 and gave the stock an "underperform" rating in a report on Tuesday, May 26th. Wall Street Zen upgraded shares of F5 from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Piper Sandler reissued an "overweight" rating and set a $461.00 price target (up from $423.00) on shares of F5 in a report on Tuesday, July 28th. Finally, Evercore upgraded F5 from an "in-line" rating to an "outperform" rating and set a $475.00 price target on the stock in a research note on Monday, May 18th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $416.62.

Insider Activity at F5

In other news, CEO Francois Locoh-Donou sold 3,782 shares of the company's stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $412.44, for a total value of $1,559,848.08. Following the completion of the transaction, the chief executive officer owned 146,989 shares of the company's stock, valued at $60,624,143.16. This represents a 2.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Anthony Maddison sold 1,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $405.85, for a total value of $405,850.00. Following the sale, the insider owned 1,353 shares of the company's stock, valued at $549,115.05. This represents a 42.50% 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 have sold 15,699 shares of company stock worth $6,316,411 in the last 90 days. Company insiders own 0.48% of the company's stock.

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source