F5, Inc. $FFIV Shares Purchased by BI Asset Management Fondsmaeglerselskab A S

Key Points

• BI Asset Management Fondsmaeglerselskab A S boosted its F5 stake by 74.8% in the first quarter, buying 5,947 more shares and bringing its holdings to 13,901 shares worth about $4.0 million.
• Several F5 insiders sold shares recently, including the CFO and an EVP, and insiders have sold 22,579 shares over the past 90 days. Company insiders now own just 0.48% of the stock.
• F5 reported strong quarterly results, with EPS of $3.90 topping estimates and revenue up 11% year over year to $811.7 million. Analysts remain mixed, with a consensus rating of Hold and an average price target of $382.67.

BI Asset Management Fondsmaeglerselskab A S raised its holdings in F5, Inc. (NASDAQ:FFIV - Free Report) by 74.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,901 shares of the network technology company's stock after purchasing an additional 5,947 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in F5 were worth $4,022,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. acquired a new stake in shares of F5 in the 4th quarter valued at approximately $26,000. Hantz Financial Services Inc. grew its holdings 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 during the period. Elyxium Wealth LLC acquired a new position in F5 during the fourth quarter worth $28,000. UMB Bank n.a. grew its holdings in F5 by 64.5% during the fourth quarter. UMB Bank n.a. now owns 153 shares of the network technology company's stock worth $39,000 after acquiring an additional 60 shares during the period. Finally, Torren Management LLC purchased a new position in F5 in the fourth quarter worth $43,000. Institutional investors and hedge funds own 90.66% of the company's stock.

Insider Buying and Selling

In other news, CFO Edward Cooper Werner sold 2,500 shares of the company's stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $400.00, for a total value of $1,000,000.00. Following the sale, the chief financial officer directly owned 406 shares in the company, valued at $162,400. This represents a 86.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad Michael Whalen sold 6,200 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $350.19, for a total value of $2,171,178.00. Following the sale, the executive vice president directly owned 20,832 shares in the company, valued at approximately $7,295,158.08. The trade was a 22.94% decrease in their position. 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 90 days, insiders sold 22,579 shares of company stock valued at $7,836,860. Company insiders own 0.48% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Weiss Ratings raised F5 from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 30th. JPMorgan Chase & Co. upped their price target on shares of F5 from $355.00 to $365.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 29th. Morgan Stanley increased their price target on shares of F5 from $340.00 to $380.00 and gave the company an "equal weight" rating in a report on Wednesday, May 20th. Evercore upgraded shares of F5 from an "in-line" rating to an "outperform" rating and set a $475.00 price objective for the company in a research note on Monday, May 18th. Finally, Royal Bank Of Canada boosted their price objective on shares of F5 from $425.00 to $450.00 and gave the stock an "outperform" rating in a report on Tuesday, June 9th. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, F5 presently has an average rating of "Hold" and a consensus price target of $382.67.

F5 Price Performance

Shares of FFIV opened at $391.27 on Tuesday. F5, Inc. has a 1-year low of $223.76 and a 1-year high of $411.52. The stock has a market cap of $22.08 billion, a price-to-earnings ratio of 32.10, a price-to-earnings-growth ratio of 4.52 and a beta of 1.04. The firm has a 50 day simple moving average of $359.26 and a 200-day simple moving average of $304.19.

F5 (NASDAQ:FFIV - Get Free Report) last posted its earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.47 by $0.43. The firm had revenue of $811.70 million for the quarter, compared to analyst estimates of $783.82 million. F5 had a return on equity of 21.50% and a net margin of 21.96%.F5's revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.42 EPS. F5 has set its Q3 2026 guidance at 3.910-4.030 EPS and its FY 2026 guidance at 16.250-16.550 EPS. On average, equities analysts expect that F5, Inc. will post 12.78 earnings per share for the current fiscal year.

F5 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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