Andra AP fonden Sells 14,160 Shares of F5, Inc. $FFIV

Key Points

• Andra AP fonden reduced its F5 position by 30.3%, selling 14,160 shares and retaining 32,637 shares valued at approximately $13.6 million.
• Institutional ownership remains high at 90.66%, with BlackRock, Jericho Capital, Norges Bank, William Blair, and HSBC among investors establishing or adding major positions.
• F5 reported stronger-than-expected quarterly results, with EPS of $4.73 and revenue of $865.1 million, while analysts maintain a consensus “Hold” rating and average price target of $416.62.

Andra AP fonden decreased its position in F5, Inc. (NASDAQ:FFIV - Free Report) by 30.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,637 shares of the network technology company's stock after selling 14,160 shares during the period. Andra AP fonden owned about 0.06% of F5 worth $13,576,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. BlackRock Inc. purchased a new stake in F5 in the 2nd quarter worth about $2,611,637,000. Jericho Capital Asset Management L.P. purchased a new stake in shares of F5 during the 4th quarter valued at approximately $579,699,000. Norges Bank purchased a new stake in shares of F5 during the 4th quarter valued at approximately $205,706,000. William Blair Investment Management LLC bought a new position in F5 in the 2nd quarter worth approximately $243,865,000. Finally, Hsbc Holdings PLC purchased a new position in F5 in the 2nd quarter valued at approximately $208,277,000. 90.66% of the stock is owned by hedge funds and other institutional investors.

F5 Price Performance

NASDAQ:FFIV opened at $453.33 on Wednesday. The company has a market capitalization of $25.67 billion, a price-to-earnings ratio of 36.09, a PEG ratio of 4.40 and a beta of 1.03. The business has a 50 day moving average of $404.84 and a 200 day moving average of $368.76. F5, Inc. has a 1-year low of $223.76 and a 1-year high of $454.13.

F5 (NASDAQ:FFIV - Get Free Report) last posted 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 net margin of 21.95% and a return on equity of 21.54%. The firm had revenue of $865.08 million for the quarter, compared to the consensus estimate of $834.60 million. During the same period last year, the firm posted $4.16 earnings per share. The business's revenue 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, sell-side analysts anticipate that F5, Inc. will post 13.65 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on FFIV. Wall Street Zen raised shares of F5 from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. Bank of America lifted their price target on F5 from $250.00 to $300.00 and gave the company an "underperform" rating in a research report on Tuesday, May 26th. Royal Bank Of Canada reiterated an "outperform" rating on shares of F5 in a research note on Thursday, July 16th. Zacks Research cut F5 from a "strong-buy" rating to a "hold" rating in a report on Monday, July 27th. Finally, Morgan Stanley raised their target price on F5 from $380.00 to $415.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 28th. Five 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 data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $416.62.

Insiders Place Their Bets

In other F5 news, Director Nikhil Mehta sold 4,000 shares of F5 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 transaction, the director directly owned 7,043 shares of the company's stock, valued at $2,739,374.85. The trade was a 36.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Maddison sold 1,000 shares of the company's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $405.85, for a total transaction 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 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. Over the last ninety days, insiders sold 16,829 shares of company stock worth $6,815,302. 0.48% of the stock is currently owned by corporate insiders.

About F5

F5, Inc is a technology company that provides application delivery, security and traffic-management solutions for enterprises, service providers and government organizations. Its offerings are designed to help customers ensure the availability, performance and security of applications across on-premises data centers, public clouds and edge environments.

The company's portfolio includes BIG-IP software and appliances, NGINX application delivery and web server technologies, and F5 Distributed Cloud Services.

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