F5, Inc. $FFIV Shares Sold by DAVENPORT & Co LLC

DAVENPORT & Co LLC lessened its holdings in shares of F5, Inc. (NASDAQ:FFIV) by 47.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,178 shares of the network technology company’s stock after selling 4,731 shares during the period. DAVENPORT & Co LLC’s holdings in F5 were worth $1,322,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Millennium Management LLC increased its position in F5 by 166.5% during the 1st quarter. Millennium Management LLC now owns 62,906 shares of the network technology company’s stock valued at $16,750,000 after buying an additional 39,305 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in F5 by 1,281.4% in the first quarter. NewEdge Advisors LLC now owns 967 shares of the network technology company’s stock worth $257,000 after acquiring an additional 897 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of F5 by 38.4% during the first quarter. Goldman Sachs Group Inc. now owns 298,297 shares of the network technology company’s stock worth $79,428,000 after acquiring an additional 82,835 shares during the last quarter. Focus Partners Wealth purchased a new stake in shares of F5 during the first quarter worth about $257,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of F5 by 288.1% during the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock valued at $43,000 after acquiring an additional 121 shares in the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

F5 Stock Performance

Shares of FFIV opened at $281.98 on Monday. The business’s 50-day moving average is $278.68 and its two-hundred day moving average is $277.65. The company has a market capitalization of $15.94 billion, a P/E ratio of 23.32, a P/E/G ratio of 7.99 and a beta of 1.01. F5, Inc. has a fifty-two week low of $223.76 and a fifty-two week high of $346.00.

F5 (NASDAQ:FFIV) last issued its quarterly earnings data on Tuesday, January 27th. The network technology company reported $4.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.82. F5 had a return on equity of 22.08% and a net margin of 22.45%.The business had revenue of $822.47 million during the quarter, compared to analysts’ expectations of $755.97 million. During the same quarter in the previous year, the firm posted $3.84 EPS. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. F5 has set its Q2 2026 guidance at 3.340-3.460 EPS and its FY 2026 guidance at 15.650-16.050 EPS. Analysts forecast that F5, Inc. will post 11.2 EPS for the current year.

Insiders Place Their Bets

In related news, insider John Anthony Maddison sold 1,000 shares of F5 stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $280.66, for a total value of $280,660.00. Following the completion of the transaction, the insider owned 2,925 shares in the company, valued at $820,930.50. The trade was a 25.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael L. Dreyer sold 3,067 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $282.41, for a total value of $866,151.47. Following the completion of the transaction, the director directly owned 1,309 shares of the company’s stock, valued at $369,674.69. The trade was a 70.09% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 20,181 shares of company stock valued at $5,546,072. Insiders own 0.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FFIV. Zacks Research upgraded shares of F5 from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Barclays upped their price target on shares of F5 from $267.00 to $283.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 28th. Royal Bank Of Canada raised their price target on shares of F5 from $325.00 to $345.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Needham & Company LLC reiterated a “hold” rating on shares of F5 in a research note on Wednesday, January 28th. Finally, Piper Sandler reissued an “overweight” rating and set a $325.00 price objective (up from $295.00) on shares of F5 in a report on Wednesday, January 28th. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $309.89.

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.