California State Teachers Retirement System Increases Stake in F5, Inc. $FFIV

California State Teachers Retirement System grew its position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 37,969.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 36,897,316 shares of the network technology company's stock after acquiring an additional 36,800,396 shares during the period. California State Teachers Retirement System owned about 65.16% of F5 worth $15,347,808,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in FFIV. Persistent Asset Partners Ltd purchased a new position in F5 during the second quarter valued at $36,000. Hazlett Burt & Watson Inc. purchased a new position in F5 during the 4th quarter valued at about $26,000. Hantz Financial Services Inc. boosted its stake in F5 by 109.8% during the fourth quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company's stock worth $27,000 after acquiring an additional 56 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in F5 in the fourth quarter worth about $28,000. Finally, SJS Investment Consulting Inc. increased its stake in shares of 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 in the last quarter. Institutional investors own 90.66% of the company's stock.

Insider Activity

In related news, EVP Thomas 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 transaction of $500,873.04. Following the completion of the sale, the executive vice president owned 8,060 shares in the company, valued at approximately $3,341,917.80. This represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Maddison sold 1,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $405.85, for a total value of $405,850.00. Following the completion of the transaction, the insider directly owned 1,353 shares in the company, valued at approximately $549,115.05. This represents a 42.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 13,199 shares of company stock worth $5,316,411. Insiders own 0.48% of the company's stock.

F5 Price Performance

Shares of NASDAQ FFIV opened at $390.47 on Tuesday. The firm's 50-day moving average price is $404.53 and its 200-day moving average price is $357.56. The company has a market cap of $22.11 billion, a PE ratio of 31.09, a PEG ratio of 3.82 and a beta of 1.03. F5, Inc. has a 52-week low of $223.76 and a 52-week high of $435.00.

F5 (NASDAQ:FFIV - Get Free Report) last issued 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 for the quarter, compared to the consensus estimate of $834.60 million. During the same quarter in the prior year, the firm earned $4.16 earnings per share. The firm'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 anticipate that F5, Inc. will post 13.65 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Needham & Company LLC reissued a "hold" rating on shares of F5 in a research note on Tuesday, July 28th. Bank of America raised their price objective on shares of F5 from $250.00 to $300.00 and gave the company an "underperform" rating in a research note on Tuesday, May 26th. Barclays lifted their target price on shares of F5 from $386.00 to $397.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 28th. Morgan Stanley upped their target price on shares of F5 from $380.00 to $415.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 28th. Finally, Evercore raised shares of F5 from an "in-line" rating to an "outperform" rating and set a $475.00 price target for the company in a research report on Monday, May 18th. 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 stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price 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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