Alyeska Investment Group L.P. Cuts Stake in F5, Inc. $FFIV

Alyeska Investment Group L.P. lowered its stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 92.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,312 shares of the network technology company's stock after selling 287,205 shares during the period. Alyeska Investment Group L.P.'s holdings in F5 were worth $9,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. BlackRock Inc. bought a new stake in F5 in the 2nd quarter valued at $2,611,637,000. Jericho Capital Asset Management L.P. bought a new position in shares of F5 during the 4th quarter valued at about $579,699,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of F5 by 15,103.5% during 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 last quarter. First Trust Advisors LP grew its position in shares of F5 by 68.5% during the fourth quarter. First Trust Advisors LP now owns 2,753,652 shares of the network technology company's stock valued at $702,897,000 after purchasing an additional 1,119,291 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of F5 during the fourth quarter valued at about $205,706,000. Hedge funds and other institutional investors own 90.66% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FFIV. Evercore upgraded F5 from an "in-line" rating to an "outperform" rating and set a $475.00 target price on the stock in a research report on Monday, May 18th. Royal Bank Of Canada restated an "outperform" rating on shares of F5 in a report on Thursday, July 16th. Piper Sandler reaffirmed an "overweight" rating and issued a $461.00 price objective (up from $423.00) on shares of F5 in a research note on Tuesday, July 28th. Barclays upped their price objective on F5 from $386.00 to $397.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 28th. Finally, Bank of America increased their target price on F5 from $250.00 to $300.00 and gave the company an "underperform" rating in a research report on Tuesday, May 26th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $416.62.

Insider Activity at F5

In other news, Director Nikhil Ramesh Mehta sold 4,000 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $388.95, for a total value of $1,555,800.00. Following the sale, the director directly owned 7,043 shares in the company, valued at approximately $2,739,374.85. This represents a 36.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Elizabeth Buse sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $399.35, for a total value of $399,350.00. Following the sale, the director directly owned 4,947 shares of the company's stock, valued at $1,975,584.45. This represents a 16.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 13,199 shares of company stock worth $5,316,411 in the last three months. 0.48% of the stock is owned by insiders.

F5 Trading Up 3.3%

Shares of NASDAQ FFIV opened at $407.13 on Tuesday. The firm's 50-day moving average price is $404.64 and its 200-day moving average price is $353.35. The stock has a market capitalization of $23.06 billion, a price-to-earnings ratio of 32.41, a P/E/G ratio of 3.85 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 quarterly 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 company had revenue of $865.08 million during the quarter, compared to analyst estimates of $834.60 million. During the same quarter last year, the business posted $4.16 earnings per share. The firm's revenue was up 10.9% on a year-over-year basis. 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 predict that F5, Inc. will post 13.65 EPS for the current fiscal year.

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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