Royal Bank of Canada Has $15.53 Million Stock Position in F5, Inc. $FFIV

Key Points

• Royal Bank of Canada increased its F5 stake by 54.2% in the first quarter, ending with 53,688 shares valued at approximately $15.53 million. Institutional investors collectively own 90.66% of F5.
• F5 reported quarterly earnings of $4.73 per share, beating estimates of $4.00, while revenue rose 10.9% year over year to $865.08 million.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $416.62; Piper Sandler raised its target to $461.00. F5 insiders have sold 15,699 shares worth about $6.32 million over the past 90 days.

Royal Bank of Canada lifted its position in F5, Inc. (NASDAQ:FFIV - Free Report) by 54.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,688 shares of the network technology company's stock after acquiring an additional 18,864 shares during the period. Royal Bank of Canada owned about 0.10% of F5 worth $15,534,000 as of its most recent SEC filing.

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

F5 Trading Down 3.1%

Shares of NASDAQ:FFIV opened at $400.23 on Friday. The stock has a market capitalization of $22.58 billion, a PE ratio of 31.87, a P/E/G ratio of 4.07 and a beta of 1.03. F5, Inc. has a 1 year low of $223.76 and a 1 year high of $435.00. The firm has a fifty day moving average price of $403.52 and a 200 day moving average price of $338.76.

F5 (NASDAQ:FFIV - Get Free Report) last posted its earnings results on Monday, July 27th. The network technology company reported $4.73 earnings per share for the quarter, beating 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 company had revenue of $865.08 million for the quarter, compared to analyst estimates of $834.60 million. During the same period last year, the company earned $4.16 earnings per share. The business's 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 forecast that F5, Inc. will post 13.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

FFIV has been the topic of several recent analyst reports. Wall Street Zen raised F5 from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Royal Bank Of Canada restated an "outperform" rating on shares of F5 in a research report on Thursday, July 16th. 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. Morgan Stanley upped their target price on F5 from $380.00 to $415.00 and gave the company an "equal weight" rating in a report on Tuesday, July 28th. Finally, Needham & Company LLC reissued a "hold" rating on shares of F5 in a research report on Tuesday, July 28th. Five investment 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, the company presently has an average rating of "Hold" and a consensus target price of $416.62.

Insider Buying and Selling at F5

In related news, CEO Francois Locoh-Donou sold 3,782 shares of the firm'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 transaction, the chief executive officer directly owned 146,989 shares of the company's stock, valued at approximately $60,624,143.16. This trade represents a 2.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Anthony Maddison sold 1,000 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $405.85, for a total value of $405,850.00. Following the completion of the sale, the insider owned 1,353 shares of the company's stock, valued at approximately $549,115.05. This trade represents a 42.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 15,699 shares of company stock worth $6,316,411 in the last 90 days. Company insiders own 0.48% of the company's stock.

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.

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