Korea Investment CORP Buys Shares of 35,888 F5, Inc. $FFIV

Korea Investment CORP acquired a new stake in F5, Inc. (NASDAQ:FFIV - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,888 shares of the network technology company's stock, valued at approximately $14,928,000. Korea Investment CORP owned 0.06% of F5 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in FFIV. Millennium Management LLC lifted its holdings in F5 by 166.5% in the first quarter. Millennium Management LLC now owns 62,906 shares of the network technology company's stock valued at $16,750,000 after buying an additional 39,305 shares during the period. NewEdge Advisors LLC grew its holdings in F5 by 1,281.4% during the 1st quarter. NewEdge Advisors LLC now owns 967 shares of the network technology company's stock worth $257,000 after acquiring an additional 897 shares during the period. Goldman Sachs Group Inc. raised its position in shares of F5 by 38.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 298,297 shares of the network technology company's stock worth $79,428,000 after acquiring an additional 82,835 shares in the last quarter. Focus Partners Wealth bought a new position in shares of F5 in the 1st quarter worth about $257,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of F5 by 288.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company's stock valued at $43,000 after purchasing an additional 121 shares during the period. Institutional investors own 90.66% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently commented on FFIV. Piper Sandler reaffirmed an "overweight" rating and set a $461.00 target price (up from $423.00) on shares of F5 in a research note on Tuesday, July 28th. Zacks Research cut F5 from a "strong-buy" rating to a "hold" rating in a report on Monday, July 27th. Barclays raised their price objective on shares of F5 from $386.00 to $397.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 28th. Royal Bank Of Canada reiterated an "outperform" rating on shares of F5 in a research note on Thursday, July 16th. Finally, Bank of America boosted their target price on shares of F5 from $250.00 to $300.00 and gave the company an "underperform" rating in a research report on Tuesday, May 26th. 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 MarketBeat.com, F5 currently has a consensus rating of "Hold" and a consensus price target of $416.62.

F5 Stock Performance

Shares of NASDAQ FFIV opened at $384.63 on Monday. The stock has a market cap of $21.78 billion, a price-to-earnings ratio of 30.62, a PEG ratio of 3.76 and a beta of 1.03. F5, Inc. has a fifty-two week low of $223.76 and a fifty-two week high of $435.00. The firm's 50-day simple moving average is $403.83 and its 200 day simple moving average is $348.33.

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

Insider Activity at F5

In other F5 news, EVP Thomas Dean Fountain sold 1,208 shares of F5 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 transaction, the executive vice president owned 8,060 shares of the company's stock, valued at $3,341,917.80. This trade represents a 13.03% decrease in their position. The transaction was disclosed in a 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, CEO Francois Locoh-Donou sold 3,782 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $412.44, for a total value of $1,559,848.08. Following the completion of the transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 15,699 shares of company stock valued at $6,316,411 over the last three months. Insiders own 0.48% of the company's stock.

About F5

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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