F5, Inc. $FFIV Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its holdings in F5, Inc. (NASDAQ:FFIV) by 5.7% during the 1st quarter, Holdings Channel.com reports. The fund owned 136,038 shares of the network technology company’s stock after selling 8,173 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in F5 were worth $39,360,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of FFIV. Vanguard Group Inc. grew its stake in shares of F5 by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 7,357,293 shares of the network technology company’s stock worth $1,878,023,000 after purchasing an additional 114,533 shares during the last quarter. State Street Corp boosted its holdings in F5 by 1.7% during the third quarter. State Street Corp now owns 3,226,326 shares of the network technology company’s stock worth $1,042,716,000 after buying an additional 53,712 shares in the last quarter. First Trust Advisors LP boosted its holdings in F5 by 68.5% during the fourth quarter. First Trust Advisors LP now owns 2,753,652 shares of the network technology company’s stock worth $702,897,000 after buying an additional 1,119,291 shares in the last quarter. Jericho Capital Asset Management L.P. acquired a new position in F5 in the fourth quarter worth approximately $579,699,000. Finally, Invesco Ltd. grew its position in F5 by 7.5% in the fourth quarter. Invesco Ltd. now owns 1,537,680 shares of the network technology company’s stock worth $392,508,000 after buying an additional 106,616 shares during the last quarter. 90.66% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on FFIV shares. Evercore upgraded F5 from an “in-line” rating to an “outperform” rating and set a $475.00 price objective for the company in a research report on Monday, May 18th. Morgan Stanley lifted their target price on F5 from $340.00 to $380.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 20th. Barclays boosted their target price on F5 from $292.00 to $386.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. Piper Sandler upped their target price on F5 from $356.00 to $423.00 and gave the company an “overweight” rating in a report on Friday, May 29th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of F5 in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, F5 presently has a consensus rating of “Moderate Buy” and an average target price of $382.67.

F5 Price Performance

Shares of NASDAQ:FFIV opened at $430.39 on Monday. The company’s fifty day moving average is $388.51 and its two-hundred day moving average is $319.40. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $432.74. The company has a market cap of $24.28 billion, a P/E ratio of 35.31, a price-to-earnings-growth ratio of 5.05 and a beta of 1.03.

F5 (NASDAQ:FFIV) last released its earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.47 by $0.43. The company had revenue of $811.70 million during the quarter, compared to analyst estimates of $783.82 million. F5 had a return on equity of 21.50% and a net margin of 21.96%.The company’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.42 earnings per share. F5 has set its Q3 2026 guidance at 3.910-4.030 EPS and its FY 2026 guidance at 16.250-16.550 EPS. Equities research analysts anticipate that F5, Inc. will post 12.78 earnings per share for the current year.

Insider Transactions at F5

In other F5 news, CEO Francois Locoh-Donou sold 3,783 shares of F5 stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $337.39, for a total transaction of $1,276,346.37. Following the transaction, the chief executive officer owned 146,989 shares of the company’s stock, valued at $49,592,618.71. The trade was a 2.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad Michael Whalen sold 6,200 shares of the company’s 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 transaction, the executive vice president owned 20,832 shares in the company, valued at $7,295,158.08. This represents a 22.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 22,579 shares of company stock worth $7,836,860. 0.48% of the stock is currently owned by company insiders.

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.