Insider Selling: F5 (NASDAQ:FFIV) CTO Sells 4,426 Shares

Key Points

• F5 CTO Michael Montoya sold 4,426 shares at an average price of $410.16, generating approximately $1.82 million. The Rule 10b5-1 transaction reduced his ownership by 77.18% to 1,309 shares.
• F5 shares rose 4.7% to $430.88, near the company’s 52-week high of $435.00. The stock has a $24.4 billion market capitalization and is primarily owned by institutional investors, which hold 90.66% of outstanding shares.
• F5 recently exceeded quarterly expectations, reporting $4.73 in adjusted EPS versus a $4.00 consensus estimate and revenue of $865.08 million, up 10.9% year over year. Analysts maintain a consensus “Hold” rating with an average price target of $416.62.

F5, Inc. (NASDAQ:FFIV - Get Free Report) CTO Michael Montoya sold 4,426 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $410.16, for a total transaction of $1,815,368.16. Following the completion of the transaction, the chief technology officer owned 1,309 shares in the company, valued at $536,899.44. This represents a 77.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

F5 Trading Up 4.7%

Shares of F5 stock traded up $19.39 on Tuesday, hitting $430.88. The stock had a trading volume of 638,391 shares, compared to its average volume of 732,461. The stock has a market cap of $24.40 billion, a price-to-earnings ratio of 34.31, a P/E/G ratio of 4.02 and a beta of 1.03. F5, Inc. has a 52-week low of $223.76 and a 52-week high of $435.00. The company's 50 day moving average price is $403.34 and its 200 day moving average price is $362.06.

F5 (NASDAQ:FFIV - Get Free Report) last issued 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. F5 had a net margin of 21.95% and a return on equity of 21.54%. The company had revenue of $865.08 million for the quarter, compared to the consensus estimate of $834.60 million. During the same period last year, the firm posted $4.16 EPS. F5's revenue for the quarter was up 10.9% on a year-over-year basis. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. Analysts predict that F5, Inc. will post 13.65 EPS for the current fiscal year.

Institutional Trading of F5

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sequoia Financial Advisors LLC grew its stake in F5 by 14.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 22,144 shares of the network technology company's stock worth $9,211,000 after acquiring an additional 2,814 shares during the period. National Pension Service lifted its stake in shares of F5 by 10.5% during the 2nd quarter. National Pension Service now owns 14,091 shares of the network technology company's stock worth $5,861,000 after purchasing an additional 1,341 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of F5 during the 2nd quarter worth $459,000. Baird Financial Group Inc. boosted its holdings in shares of F5 by 9.8% during the second quarter. Baird Financial Group Inc. now owns 4,536 shares of the network technology company's stock worth $1,887,000 after purchasing an additional 405 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of F5 by 419.3% during the second quarter. Allworth Financial LP now owns 779 shares of the network technology company's stock worth $324,000 after purchasing an additional 629 shares during the last quarter. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Weiss Ratings raised F5 from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, August 11th. Piper Sandler reissued an "overweight" rating and issued a $461.00 target price (up from $423.00) on shares of F5 in a report on Tuesday, July 28th. JPMorgan Chase & Co. raised their price target on F5 from $500.00 to $515.00 and gave the company an "overweight" rating in a research report on Tuesday, July 28th. Evercore raised F5 from an "in-line" rating to an "outperform" rating and set a $475.00 price target for the company in a research note on Monday, May 18th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of F5 in a research report on Thursday, July 16th. Five equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $416.62.

F5 Company Profile

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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