Bank of New York Mellon Corp Purchases New Position in F5, Inc. $FFIV

Bank of New York Mellon Corp purchased a new stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 370,244 shares of the network technology company's stock, valued at approximately $154,007,000. Bank of New York Mellon Corp owned approximately 0.66% of F5 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FFIV. Hazlett Burt & Watson Inc. bought a new stake in F5 in the fourth quarter worth $26,000. Hantz Financial Services Inc. lifted its position in F5 by 109.8% during the fourth quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company's stock valued at $27,000 after purchasing an additional 56 shares during the last quarter. Elyxium Wealth LLC bought a new position in F5 during the fourth quarter valued at $28,000. SJS Investment Consulting Inc. lifted its position in F5 by 963.6% during the first quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company's stock valued at $34,000 after purchasing an additional 106 shares during the last quarter. Finally, Capital Advisors Ltd. LLC grew its stake in shares of F5 by 113.8% in the 1st quarter. Capital Advisors Ltd. LLC now owns 124 shares of the network technology company's stock worth $36,000 after buying an additional 66 shares in the last quarter. Institutional investors own 90.66% of the company's stock.

F5 Stock Performance

NASDAQ FFIV opened at $384.63 on Monday. The company's 50-day moving average price is $403.83 and its 200-day moving average price is $348.33. The stock has a market cap of $21.78 billion, a PE ratio of 30.62, a PEG ratio of 3.76 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 announced 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. F5 had a net margin of 21.95% and a return on equity of 21.54%. 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 EPS. The firm's revenue for the quarter 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. As a group, sell-side analysts forecast that F5, Inc. will post 13.65 earnings per share for the current year.

Insider Buying and Selling

In other F5 news, Director Nikhil Ramesh Mehta sold 4,000 shares of F5 stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $388.95, for a total transaction of $1,555,800.00. Following the completion of the sale, 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 SEC, which is available at this hyperlink. Also, EVP Thomas Dean Fountain sold 1,208 shares of the company's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $414.63, for a total value of $500,873.04. Following the completion of the sale, the executive vice president owned 8,060 shares of the company's stock, valued at $3,341,917.80. This represents a 13.03% 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 15,699 shares of company stock valued at $6,316,411 over the last 90 days. 0.48% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Needham & Company LLC reissued a "hold" rating on shares of F5 in a research note on Tuesday, July 28th. Barclays raised their price objective on F5 from $386.00 to $397.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 28th. Morgan Stanley lifted their target price on F5 from $380.00 to $415.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 28th. Piper Sandler reissued an "overweight" rating and set a $461.00 target price (up from $423.00) on shares of F5 in a research 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 report on Monday, May 18th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $416.62.

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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