F5, Inc. (NASDAQ:FFIV) Stock Holdings Increased by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its position in F5, Inc. (NASDAQ:FFIV - Free Report) by 470.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,876 shares of the network technology company's stock after buying an additional 59,275 shares during the quarter. Teacher Retirement System of Texas owned about 0.12% of F5 worth $12,864,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in FFIV. Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of F5 in the fourth quarter worth $34,000. Washington Trust Advisors Inc. bought a new position in shares of F5 in the 4th quarter worth $36,000. Janiczek Wealth Management LLC grew its position in shares of F5 by 56.4% during the 4th quarter. Janiczek Wealth Management LLC now owns 258 shares of the network technology company's stock worth $46,000 after buying an additional 93 shares during the period. Addison Advisors LLC grew its holdings in F5 by 36.1% during the third quarter. Addison Advisors LLC now owns 279 shares of the network technology company's stock valued at $45,000 after purchasing an additional 74 shares during the period. Finally, Anchor Investment Management LLC bought a new stake in shares of F5 in the 4th quarter valued at $51,000. Institutional investors own 90.66% of the company's stock.

Insider Transactions at F5

In other news, CEO Francois Locoh-Donou sold 6,400 shares of F5 stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $188.02, for a total value of $1,203,328.00. Following the sale, the chief executive officer now owns 123,251 shares in the company, valued at $23,173,653.02. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, CEO Francois Locoh-Donou sold 6,400 shares of the firm's stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $188.02, for a total value of $1,203,328.00. Following the sale, the chief executive officer now owns 123,251 shares of the company's stock, valued at $23,173,653.02. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Thomas Dean Fountain sold 851 shares of the firm's stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $167.53, for a total transaction of $142,568.03. Following the sale, the executive vice president now directly owns 15,504 shares in the company, valued at approximately $2,597,385.12. The disclosure for this sale can be found here. Insiders have sold 11,651 shares of company stock worth $2,138,608 over the last 90 days. 0.58% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Evercore ISI lowered their price objective on shares of F5 from $200.00 to $180.00 and set an "in-line" rating on the stock in a report on Tuesday, April 30th. The Goldman Sachs Group lifted their target price on F5 from $156.00 to $179.00 and gave the company a "neutral" rating in a research report on Tuesday, January 30th. Barclays cut their price objective on F5 from $206.00 to $189.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 30th. JPMorgan Chase & Co. raised their price objective on shares of F5 from $197.00 to $205.00 and gave the company a "neutral" rating in a report on Thursday, April 11th. Finally, Piper Sandler reiterated a "neutral" rating and issued a $167.00 price target (down previously from $187.00) on shares of F5 in a research report on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $185.10.

F5 Stock Down 0.1 %

Shares of NASDAQ:FFIV traded down $0.22 on Monday, hitting $171.40. 451,765 shares of the company traded hands, compared to its average volume of 472,145. F5, Inc. has a 52 week low of $137.29 and a 52 week high of $199.49. The company has a market cap of $10.05 billion, a PE ratio of 20.55, a PEG ratio of 2.28 and a beta of 1.14. The stock has a 50 day simple moving average of $184.56 and a 200-day simple moving average of $177.87.

F5 (NASDAQ:FFIV - Get Free Report) last announced its earnings results on Monday, April 29th. The network technology company reported $2.91 EPS for the quarter, topping analysts' consensus estimates of $2.88 by $0.03. F5 had a return on equity of 21.41% and a net margin of 17.91%. The firm had revenue of $681.00 million during the quarter, compared to analysts' expectations of $685.47 million. During the same quarter in the previous year, the business earned $1.70 EPS. The company's quarterly revenue was down 3.1% on a year-over-year basis. As a group, sell-side analysts anticipate that F5, Inc. will post 9.62 earnings per share for the current year.

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.