Chad Michael Whalen Sells 6,200 Shares of F5 (NASDAQ:FFIV) Stock

F5, Inc. (NASDAQ:FFIV) EVP Chad Michael Whalen sold 6,200 shares of F5 stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $350.19, for a total value of $2,171,178.00. Following the completion of the sale, the executive vice president directly owned 20,832 shares in the company, valued at $7,295,158.08. This represents a 22.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chad Michael Whalen also recently made the following trade(s):

• On Monday, May 4th, Chad Michael Whalen sold 704 shares of F5 stock. The shares were sold at an average price of $330.30, for a total value of $232,531.20.
• On Friday, March 6th, Chad Michael Whalen sold 688 shares of F5 stock. The shares were sold at an average price of $277.05, for a total value of $190,610.40.

F5 Price Performance

Shares of FFIV traded down $3.32 during midday trading on Tuesday, hitting $354.98. The stock had a trading volume of 502,548 shares, compared to its average volume of 833,485. The company has a 50 day simple moving average of $300.46 and a two-hundred day simple moving average of $274.83. F5, Inc. has a twelve month low of $223.76 and a twelve month high of $362.00. The firm has a market cap of $20.03 billion, a price-to-earnings ratio of 29.12, a price-to-earnings-growth ratio of 8.19 and a beta of 1.00.

F5 (NASDAQ:FFIV) last released its quarterly earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.47 by $0.43. F5 had a return on equity of 21.50% and a net margin of 21.96%.The firm had revenue of $811.70 million for the quarter, compared to the consensus estimate of $783.82 million. During the same quarter last year, the business posted $3.42 EPS. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. F5 has set its Q3 2026 guidance at 3.910-4.030 EPS and its FY 2026 guidance at 16.250-16.550 EPS. Analysts forecast that F5, Inc. will post 12.71 EPS for the current fiscal year.

Institutional Trading of F5

Hedge funds and other institutional investors have recently modified their holdings of the stock. Fortis Capital Management LLC bought a new position in F5 during the first quarter worth about $321,000. ABN Amro Investment Solutions grew its holdings in F5 by 21.8% during the first quarter. ABN Amro Investment Solutions now owns 2,258 shares of the network technology company’s stock worth $653,000 after purchasing an additional 404 shares during the period. PNC Financial Services Group Inc. grew its holdings in F5 by 21.9% during the first quarter. PNC Financial Services Group Inc. now owns 7,045 shares of the network technology company’s stock worth $2,038,000 after purchasing an additional 1,267 shares during the period. Oslo Pensjonsforsikring AS bought a new position in F5 during the first quarter worth about $183,000. Finally, Dimensional Fund Advisors LP grew its holdings in F5 by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 603,086 shares of the network technology company’s stock worth $174,463,000 after purchasing an additional 4,296 shares during the period. Institutional investors and hedge funds own 90.66% of the company’s stock.

Analyst Ratings Changes

FFIV has been the topic of several recent research reports. Weiss Ratings raised F5 from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 30th. JPMorgan Chase & Co. lifted their target price on F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada lifted their target price on F5 from $345.00 to $375.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. The Goldman Sachs Group lifted their target price on F5 from $285.00 to $320.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of F5 in a research report on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $316.44.

About F5

F5 Inc (NASDAQ:FFIV) specializes in application services and delivery networking, helping organizations ensure the availability, performance and security of their applications. The company’s core offerings include advanced load balancing, traffic management and application security solutions designed to optimize user experiences and protect against threats such as distributed denial-of-service (DDoS) attacks and web application exploits.

At the heart of F5’s product portfolio is the BIG-IP platform, which provides a suite of software modules for local and global traffic management, secure web application firewalling and DNS service delivery.