F5, Inc. $FFIV Position Raised by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. increased its stake in F5, Inc. (NASDAQ:FFIV - Free Report) by 140.4% during the third quarter, according to its most recent filing with the SEC. The fund owned 158,674 shares of the network technology company's stock after buying an additional 92,666 shares during the quarter. Assenagon Asset Management S.A. owned 0.28% of F5 worth $70,638,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in FFIV. BlackRock Inc. bought a new position in shares of F5 during the 2nd quarter valued at approximately $2,611,637,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of F5 by 24.8% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 726,844 shares of the network technology company's stock worth $302,338,000 after purchasing an additional 144,534 shares during the period. William Blair Investment Management LLC bought a new stake in shares of F5 in the 2nd quarter worth approximately $243,865,000. Amundi lifted its stake in F5 by 96.0% in the second quarter. Amundi now owns 555,809 shares of the network technology company's stock valued at $231,194,000 after purchasing an additional 272,273 shares during the last quarter. Finally, Hsbc Holdings PLC purchased a new position in F5 in the second quarter valued at approximately $208,277,000. Institutional investors own 90.66% of the company's stock.

Insider Transactions at F5

In other news, EVP Thomas Fountain sold 1,208 shares of the business's stock in a transaction that occurred 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 transaction, the executive vice president directly owned 8,060 shares of the company's stock, valued at approximately $3,341,917.80. The trade was a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Maddison sold 204 shares of the company's stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $406.24, for a total value of $82,872.96. Following the transaction, the insider owned 1,149 shares of the company's stock, valued at approximately $466,769.76. This represents a 15.08% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 16,829 shares of company stock worth $6,815,302. Corporate insiders own 0.48% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Zacks Research lowered F5 from a "strong-buy" rating to a "hold" rating in a report on Monday, July 27th. JPMorgan Chase & Co. boosted their target price on F5 from $500.00 to $515.00 and gave the company an "overweight" rating in a research note on Tuesday, July 28th. Morgan Stanley upped their price target on F5 from $380.00 to $415.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 28th. Needham & Company LLC reiterated a "hold" rating on shares of F5 in a research note on Tuesday, July 28th. Finally, Barclays upped their price objective on shares of F5 from $386.00 to $397.00 and gave the company an "equal weight" rating in a report on Tuesday, July 28th. Five equities research 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. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $426.00.

F5 Trading Down 3.2%

NASDAQ FFIV opened at $442.03 on Friday. The firm has a market cap of $25.03 billion, a PE ratio of 35.19, a price-to-earnings-growth ratio of 4.33 and a beta of 1.03. F5, Inc. has a 1-year low of $223.76 and a 1-year high of $483.30. The stock has a 50-day moving average of $423.56 and a 200-day moving average of $389.42.

F5 (NASDAQ:FFIV - Get Free Report) last posted its quarterly earnings results on Monday, July 27th. The network technology company reported $4.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.00 by $0.73. The business had revenue of $865.08 million for the quarter, compared to analyst estimates of $834.60 million. F5 had a return on equity of 21.54% and a net margin of 21.95%. F5's revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period last year, the company earned $4.16 EPS. 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 forecast that F5, Inc. will post 13.65 earnings per share for the current fiscal year.

F5 Company Profile

F5, Inc develops application delivery, security and management technologies that help organizations deploy, protect and optimize applications across data centers, public clouds, edge environments and distributed networks. Its offerings are designed to support application availability, performance, scalability and security across hybrid and multi-cloud architectures.

The company's portfolio includes BIG-IP application delivery and security solutions, NGINX web and application delivery technologies, and F5 Distributed Cloud services.

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