Universal Beteiligungs und Servicegesellschaft mbH Acquires 3,167 Shares of F5, Inc. (NASDAQ:FFIV)

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 3.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 94,417 shares of the network technology company's stock after acquiring an additional 3,167 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.16% of F5 worth $25,140,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in FFIV. HighTower Advisors LLC boosted its position in shares of F5 by 5.3% during the 4th quarter. HighTower Advisors LLC now owns 966 shares of the network technology company's stock valued at $243,000 after acquiring an additional 49 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in F5 by 30.3% during the 4th quarter. Corient Private Wealth LLC now owns 3,114 shares of the network technology company's stock valued at $783,000 after purchasing an additional 724 shares during the last quarter. Mizuho Securities USA LLC lifted its holdings in F5 by 45.7% during the 4th quarter. Mizuho Securities USA LLC now owns 5,506 shares of the network technology company's stock valued at $1,385,000 after purchasing an additional 1,727 shares during the last quarter. LPL Financial LLC lifted its holdings in F5 by 5.4% during the 4th quarter. LPL Financial LLC now owns 20,249 shares of the network technology company's stock valued at $5,092,000 after purchasing an additional 1,046 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in F5 by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 7,544,256 shares of the network technology company's stock valued at $1,897,154,000 after purchasing an additional 64,261 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

F5 Stock Performance

Shares of NASDAQ FFIV traded down $2.56 during trading on Friday, reaching $299.37. The company had a trading volume of 262,548 shares, compared to its average volume of 430,646. F5, Inc. has a 52 week low of $174.11 and a 52 week high of $313.00. The stock has a market cap of $17.19 billion, a PE ratio of 28.40, a PEG ratio of 3.81 and a beta of 1.00. The business's 50 day moving average price is $292.62 and its 200-day moving average price is $280.78.

F5 (NASDAQ:FFIV - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The network technology company reported $3.42 earnings per share for the quarter, topping analysts' consensus estimates of $3.11 by $0.31. The business had revenue of $590.16 million during the quarter, compared to the consensus estimate of $719.91 million. F5 had a net margin of 21.14% and a return on equity of 21.18%. F5's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.91 earnings per share. Equities analysts anticipate that F5, Inc. will post 11.2 earnings per share for the current year.

Insider Transactions at F5

In other F5 news, CEO Francois Locoh-Donou sold 1,300 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $294.32, for a total value of $382,616.00. Following the completion of the sale, the chief executive officer owned 107,100 shares of the company's stock, valued at approximately $31,521,672. This represents a 1.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Elizabeth Buse sold 1,500 shares of the company's stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $293.53, for a total transaction of $440,295.00. Following the completion of the sale, the director directly owned 5,013 shares of the company's stock, valued at $1,471,465.89. The trade was a 23.03% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,519 shares of company stock valued at $2,408,594. Corporate insiders own 0.52% of the company's stock.

Analyst Upgrades and Downgrades

FFIV has been the subject of several analyst reports. William Blair reissued an "outperform" rating on shares of F5 in a report on Tuesday, April 29th. Piper Sandler reissued a "neutral" rating and set a $304.00 price target (up from $269.00) on shares of F5 in a report on Monday, July 14th. Wall Street Zen downgraded shares of F5 from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Barclays cut their price target on shares of F5 from $296.00 to $274.00 and set an "equal weight" rating for the company in a report on Tuesday, April 29th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $320.00 target price on shares of F5 in a research note on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $291.44.

About F5

F5, Inc provides multi-cloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region. The company's distributed cloud services enable its customers to deploy, secure, and operate applications in any architecture, from on-premises to the public cloud.