F5, Inc. $FFIV Shares Sold by NewEdge Advisors LLC

Key Points

• NewEdge Advisors cut its F5 stake by 83.9% in the second quarter, leaving the firm with 928 shares valued at approximately $386,000. Institutional investors collectively own 90.66% of F5.
• F5 reported quarterly EPS of $4.73, exceeding expectations of $4.00, while revenue rose 10.9% year over year to $865.08 million. Shares opened at $443.06, near their 52-week high of $462.00.
• Analyst sentiment remains mixed, with five Buy, five Hold and one Sell rating; the stock carries an overall “Hold” consensus and an average price target of $416.62. Company insiders have sold $6.82 million of stock over the past 90 days.

NewEdge Advisors LLC lessened its position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 83.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 928 shares of the network technology company's stock after selling 4,819 shares during the period. NewEdge Advisors LLC's holdings in F5 were worth $386,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of F5 in the 4th quarter worth about $205,706,000. iA Global Asset Management Inc. acquired a new position in F5 during the 1st quarter valued at about $6,469,000. Impact Partnership Wealth LLC bought a new position in F5 in the 4th quarter worth about $1,018,000. Pinebridge Investments LLC bought a new position in F5 in the 4th quarter worth about $15,422,000. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of F5 in the fourth quarter valued at approximately $23,265,000. Institutional investors and hedge funds own 90.66% of the company's stock.

F5 Stock Performance

Shares of NASDAQ FFIV opened at $443.06 on Friday. The stock has a fifty day moving average price of $407.08 and a two-hundred day moving average price of $371.60. The firm has a market cap of $25.09 billion, a P/E ratio of 35.28, a PEG 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 $462.00.

F5 (NASDAQ:FFIV - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $865.08 million for the quarter, compared to analysts' expectations of $834.60 million. F5 had a net margin of 21.95% and a return on equity of 21.54%. The business's revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. On average, research analysts predict that F5, Inc. will post 13.65 earnings per share for the current fiscal year.

Insider Activity at F5

In other news, CEO Francois Locoh-Donou sold 3,782 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $412.44, for a total transaction of $1,559,848.08. Following the sale, the chief executive officer owned 146,989 shares in the company, valued at $60,624,143.16. The trade was a 2.51% 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, EVP Thomas Fountain sold 1,208 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The shares were 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 of the company's stock, valued at approximately $3,341,917.80. This trade represents a 13.03% 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. Insiders sold 16,829 shares of company stock valued at $6,815,302 over the last ninety days. Company insiders own 0.48% of the company's stock.

Analyst Ratings Changes

FFIV has been the topic of a number of recent analyst reports. Barclays lifted their price target on F5 from $386.00 to $397.00 and gave the company an "equal weight" rating in a report on Tuesday, July 28th. Needham & Company LLC restated a "hold" rating on shares of F5 in a research report on Tuesday, July 28th. Weiss Ratings downgraded F5 from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday. Zacks Research lowered F5 from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 27th. Finally, Royal Bank Of Canada reissued an "outperform" rating on shares of F5 in a research note on Thursday, July 16th. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, F5 has an average rating of "Hold" and an average target price of $416.62.

About F5

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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