F5, Inc. $FFIV Shares Sold by Legal & General Group Plc

Key Points

• Legal & General Group Plc trimmed its F5 stake by 4.0% in the fourth quarter, selling 19,982 shares but still holding 481,058 shares worth about $122.8 million.
• F5 reported strong quarterly results, with EPS of $3.90 topping estimates and revenue of $811.7 million also beating forecasts, while revenue rose 11% year over year.
• Insiders have also been selling shares, including CTO Kunal Anand and EVP Chad Michael Whalen; meanwhile, analysts remain mostly positive with a Moderate Buy consensus and a target price of $358.56.

Legal & General Group Plc decreased its holdings in F5, Inc. (NASDAQ:FFIV - Free Report) by 4.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 481,058 shares of the network technology company's stock after selling 19,982 shares during the quarter. Legal & General Group Plc owned about 0.85% of F5 worth $122,795,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of F5 by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 7,357,293 shares of the network technology company's stock worth $1,878,023,000 after purchasing an additional 114,533 shares in the last quarter. State Street Corp boosted its position in shares of F5 by 1.7% in the 3rd quarter. State Street Corp now owns 3,226,326 shares of the network technology company's stock worth $1,042,716,000 after purchasing an additional 53,712 shares in the last quarter. First Trust Advisors LP boosted its position in shares of F5 by 1.2% in the 3rd quarter. First Trust Advisors LP now owns 1,634,361 shares of the network technology company's stock worth $528,209,000 after purchasing an additional 18,806 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of F5 by 15,103.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,170,216 shares of the network technology company's stock worth $298,709,000 after purchasing an additional 1,162,519 shares in the last quarter. Finally, UBS Group AG raised its stake in F5 by 141.2% in the 4th quarter. UBS Group AG now owns 1,023,869 shares of the network technology company's stock worth $261,353,000 after acquiring an additional 599,384 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company's stock.

F5 Stock Down 1.2%

Shares of NASDAQ:FFIV opened at $383.43 on Friday. F5, Inc. has a 52-week low of $223.76 and a 52-week high of $399.59. The stock has a market cap of $21.63 billion, a price-to-earnings ratio of 31.45, a PEG ratio of 8.92 and a beta of 1.00. The business has a 50-day moving average price of $325.16 and a 200-day moving average price of $285.18.

F5 (NASDAQ:FFIV - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The network technology company reported $3.90 earnings per share for the quarter, beating analysts' consensus estimates of $3.47 by $0.43. The business had revenue of $811.70 million during 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%.The company's revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, equities analysts anticipate that F5, Inc. will post 12.79 EPS for the current fiscal year.

Insider Buying and Selling at F5

In other F5 news, CTO Kunal Anand sold 3,123 shares of F5 stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $322.33, for a total transaction of $1,006,636.59. Following the completion of the transaction, the chief technology officer owned 12,194 shares in the company, valued at approximately $3,930,492.02. This trade represents a 20.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad Michael Whalen sold 6,200 shares of F5 stock in a transaction dated 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 completion of the transaction, the executive vice president owned 20,832 shares of the company's stock, valued at approximately $7,295,158.08. This represents 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. In the last three months, insiders have sold 24,491 shares of company stock worth $7,966,227. Insiders own 0.48% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price target on F5 from $355.00 to $365.00 and gave the company an "overweight" rating in a research note on Wednesday, April 29th. Needham & Company LLC restated a "hold" rating on shares of F5 in a research note on Wednesday, April 29th. Royal Bank Of Canada raised their price objective on F5 from $375.00 to $425.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 19th. Weiss Ratings upgraded F5 from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, March 30th. Finally, Bank of America raised their price objective on F5 from $250.00 to $300.00 and gave the stock an "underperform" rating in a research note on Tuesday. Seven equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, F5 has a consensus rating of "Moderate Buy" and a consensus target price of $358.56.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.