Universal Beteiligungs und Servicegesellschaft mbH Buys Shares of 91,250 F5, Inc. (NASDAQ:FFIV)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in F5, Inc. (NASDAQ:FFIV - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 91,250 shares of the network technology company's stock, valued at approximately $22,947,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.16% of F5 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Crowley Wealth Management Inc. acquired a new position in shares of F5 in the fourth quarter valued at approximately $35,000. Hurley Capital LLC acquired a new position in F5 during the fourth quarter worth approximately $43,000. EverSource Wealth Advisors LLC increased its position in F5 by 31.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 203 shares of the network technology company's stock worth $51,000 after purchasing an additional 49 shares during the last quarter. Smithfield Trust Co acquired a new position in F5 during the fourth quarter worth approximately $57,000. Finally, Kayne Anderson Rudnick Investment Management LLC acquired a new position in F5 during the fourth quarter worth approximately $60,000. Institutional investors and hedge funds own 90.66% of the company's stock.

F5 Stock Up 0.4%

Shares of NASDAQ:FFIV traded up $1.12 on Friday, reaching $281.71. 1,291,159 shares of the company's stock were exchanged, compared to its average volume of 571,581. The firm has a market capitalization of $16.18 billion, a price-to-earnings ratio of 28.00, a PEG ratio of 3.85 and a beta of 1.00. F5, Inc. has a fifty-two week low of $164.45 and a fifty-two week high of $313.00. The business's 50-day moving average is $268.13 and its two-hundred day moving average is $269.08.

F5 (NASDAQ:FFIV - Get Free Report) last issued its 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 company had revenue of $590.16 million for the quarter, compared to analysts' expectations of $719.91 million. F5 had a net margin of 20.58% and a return on equity of 20.98%. The firm's revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the company earned $2.91 earnings per share. Analysts predict that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Michael L. Dreyer sold 1,800 shares of the stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $285.96, for a total value of $514,728.00. Following the sale, the director now owns 4,376 shares of the company's stock, valued at $1,251,360.96. This trade represents a 29.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Marianne Budnik sold 1,872 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $260.72, for a total transaction of $488,067.84. Following the completion of the sale, the director now directly owns 1,207 shares in the company, valued at approximately $314,689.04. This trade represents a 60.80% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,891 shares of company stock valued at $2,418,732. Company insiders own 0.52% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $320.00 price target on shares of F5 in a research report on Tuesday, April 29th. JPMorgan Chase & Co. dropped their price objective on shares of F5 from $296.00 to $285.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th. William Blair reissued an "outperform" rating on shares of F5 in a research report on Tuesday, April 29th. Piper Sandler increased their price objective on shares of F5 from $262.00 to $269.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 29th. Finally, Royal Bank of Canada reissued a "sector perform" rating and issued a $290.00 price objective on shares of F5 in a research report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $282.56.

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.