F5, Inc. $FFIV Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System lowered its holdings in F5, Inc. (NASDAQ:FFIV - Free Report) by 8.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 88,704 shares of the network technology company's stock after selling 8,216 shares during the period. California State Teachers Retirement System owned about 0.16% of F5 worth $36,897,316 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in FFIV. Pinnacle Wealth Management Advisory Group LLC increased its position in shares of F5 by 2.6% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,447 shares of the network technology company's stock valued at $419,000 after purchasing an additional 36 shares during the period. Meiji Yasuda Asset Management Co Ltd. increased its stake in shares of F5 by 4.4% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 968 shares of the network technology company's stock valued at $247,000 after acquiring an additional 41 shares in the last quarter. Optas LLC boosted its holdings in shares of F5 by 4.7% in the 1st quarter. Optas LLC now owns 1,035 shares of the network technology company's stock worth $299,000 after buying an additional 46 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of F5 by 0.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,569 shares of the network technology company's stock worth $1,677,000 after buying an additional 52 shares in the last quarter. Finally, Kesler Norman & Wride LLC grew its stake in shares of F5 by 1.4% in the first quarter. Kesler Norman & Wride LLC now owns 3,718 shares of the network technology company's stock worth $1,076,000 after purchasing an additional 52 shares during the last quarter. 90.66% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Thomas Fountain sold 1,208 shares of the firm's stock in a transaction dated Wednesday, August 5th. The shares were 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 in the company, valued at $3,341,917.80. This trade represents a 13.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Maddison sold 1,000 shares of the company's stock in a transaction that occurred on 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 of the company's stock, valued at approximately $549,115.05. This represents a 42.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 12,199 shares of company stock valued at $4,917,061. Insiders own 0.48% of the company's stock.

F5 Stock Up 3.7%

Shares of NASDAQ:FFIV traded up $15.32 during midday trading on Tuesday, reaching $426.81. The company's stock had a trading volume of 246,407 shares, compared to its average volume of 730,177. The firm has a market cap of $24.17 billion, a price-to-earnings ratio of 33.87, a price-to-earnings-growth ratio of 4.02 and a beta of 1.03. The business has a 50 day moving average price of $403.34 and a 200 day moving average price of $362.06. F5, Inc. has a 1 year low of $223.76 and a 1 year 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 (EPS) for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $834.60 million. During the same period last year, the business earned $4.16 earnings per share. The business'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. Sell-side analysts anticipate that F5, Inc. will post 13.65 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on FFIV shares. Weiss Ratings raised F5 from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, August 11th. Zacks Research downgraded F5 from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 27th. 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 note on Tuesday, May 26th. Wall Street Zen raised shares of F5 from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Finally, Morgan Stanley increased their target price on shares of F5 from $380.00 to $415.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 28th. Five investment 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, F5 has a consensus rating of "Hold" and an average target price of $416.62.

F5 Profile

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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