Pathstone Holdings LLC Has $10.47 Million Holdings in F5, Inc. (NASDAQ:FFIV)

Pathstone Holdings LLC boosted its position in F5, Inc. (NASDAQ:FFIV - Free Report) by 4.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,622 shares of the network technology company's stock after buying an additional 1,837 shares during the quarter. Pathstone Holdings LLC owned approximately 0.07% of F5 worth $10,467,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its position in shares of F5 by 457.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 31,375 shares of the network technology company's stock valued at $7,899,000 after purchasing an additional 25,748 shares during the last quarter. Boston Trust Walden Corp grew its holdings in F5 by 3.9% in the 4th quarter. Boston Trust Walden Corp now owns 194,820 shares of the network technology company's stock valued at $48,991,000 after buying an additional 7,341 shares during the last quarter. Fisher Asset Management LLC increased its position in F5 by 163.3% in the 4th quarter. Fisher Asset Management LLC now owns 80,013 shares of the network technology company's stock worth $20,121,000 after buying an additional 49,629 shares during the period. Aware Super Pty Ltd as trustee of Aware Super acquired a new position in F5 during the 4th quarter valued at $5,856,000. Finally, Synergy Asset Management LLC raised its position in shares of F5 by 100.0% during the fourth quarter. Synergy Asset Management LLC now owns 2,224 shares of the network technology company's stock valued at $525,000 after buying an additional 1,112 shares during the last quarter. Institutional investors own 90.66% of the company's stock.

F5 Price Performance

FFIV stock traded up $2.94 during midday trading on Wednesday, hitting $289.84. The company's stock had a trading volume of 113,176 shares, compared to its average volume of 571,408. The stock has a market capitalization of $16.65 billion, a P/E ratio of 28.81, a PEG ratio of 3.85 and a beta of 1.00. F5, Inc. has a twelve month low of $164.45 and a twelve month high of $313.00. The company's fifty day moving average price is $265.82 and its 200 day moving average price is $266.83.

F5 (NASDAQ:FFIV - Get Free Report) last issued 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 company had revenue of $590.16 million during the quarter, compared to the consensus estimate of $719.91 million. F5 had a net margin of 20.58% and a return on equity of 20.98%. The firm's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.91 EPS. Equities analysts expect that F5, Inc. will post 11.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on FFIV shares. Royal Bank of Canada restated a "sector perform" rating and issued a $290.00 price objective on shares of F5 in a research report on Tuesday, April 29th. Barclays lowered their price objective on F5 from $296.00 to $274.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 29th. 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. Bank of America boosted their price target on shares of F5 from $180.00 to $260.00 and gave the stock an "underperform" rating in a research note on Friday, January 31st. Finally, William Blair reaffirmed an "outperform" rating 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 assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $282.56.

Insider Transactions at F5

In other F5 news, CEO Francois Locoh-Donou sold 1,300 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $265.37, for a total transaction of $344,981.00. Following the transaction, the chief executive officer now directly owns 148,647 shares in the company, valued at approximately $39,446,454.39. This represents a 0.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Thomas Dean Fountain sold 1,347 shares of the business's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $269.03, for a total transaction of $362,383.41. Following the transaction, the executive vice president now owns 20,660 shares in the company, valued at $5,558,159.80. The trade was a 6.12% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,305 shares of company stock worth $2,561,360 over the last ninety days. 0.52% of the stock is owned by insiders.

F5 Profile

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.