Thrivent Financial for Lutherans Sells 2,466 Shares of F5, Inc. $FFIV

Thrivent Financial for Lutherans lowered its stake in F5, Inc. (NASDAQ:FFIV) by 17.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,443 shares of the network technology company’s stock after selling 2,466 shares during the quarter. Thrivent Financial for Lutherans’ holdings in F5 were worth $2,921,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FFIV. UBS Group AG lifted its holdings in shares of F5 by 141.2% in the fourth quarter. UBS Group AG now owns 1,023,869 shares of the network technology company’s stock worth $261,353,000 after acquiring an additional 599,384 shares during the last quarter. M&T Bank Corp lifted its holdings in shares of F5 by 17,181.1% in the fourth quarter. M&T Bank Corp now owns 309,158 shares of the network technology company’s stock worth $78,916,000 after acquiring an additional 307,369 shares during the last quarter. Caisse de depot et placement du Quebec lifted its holdings in shares of F5 by 169.2% in the third quarter. Caisse de depot et placement du Quebec now owns 462,740 shares of the network technology company’s stock worth $149,553,000 after acquiring an additional 290,828 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of F5 by 422.7% in the third quarter. Victory Capital Management Inc. now owns 347,125 shares of the network technology company’s stock worth $112,187,000 after acquiring an additional 280,719 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new position in shares of F5 in the fourth quarter worth about $31,517,000. Institutional investors own 90.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Morgan Stanley increased their target price on shares of F5 from $340.00 to $380.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 20th. Royal Bank Of Canada increased their target price on shares of F5 from $375.00 to $425.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. The Goldman Sachs Group increased their target price on shares of F5 from $285.00 to $320.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. JPMorgan Chase & Co. raised their price objective on shares of F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, Evercore upgraded shares of F5 from an “in-line” rating to an “outperform” rating and set a $475.00 price objective for the company in a report on Monday, May 18th. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, F5 presently has an average rating of “Hold” and a consensus target price of $353.00.

Insider Buying and Selling at F5

In other news, CEO Francois Locoh-Donou sold 3,783 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $337.39, for a total transaction of $1,276,346.37. Following the completion of the sale, the chief executive officer owned 146,989 shares of the company’s stock, valued at $49,592,618.71. This trade represents a 2.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas Dean Fountain sold 1,328 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $330.58, for a total transaction of $439,010.24. Following the sale, the executive vice president directly owned 8,060 shares of the company’s stock, valued at approximately $2,664,474.80. This trade represents a 14.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 24,491 shares of company stock worth $7,966,227. Company insiders own 0.48% of the company’s stock.

F5 Stock Performance

NASDAQ:FFIV opened at $393.63 on Monday. The company has a market capitalization of $22.21 billion, a PE ratio of 32.29, a P/E/G ratio of 9.05 and a beta of 1.00. The company has a 50 day simple moving average of $316.75 and a two-hundred day simple moving average of $281.09. F5, Inc. has a fifty-two week low of $223.76 and a fifty-two week high of $395.77.

F5 (NASDAQ:FFIV) last released its earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share for the quarter, beating analysts’ consensus estimates of $3.47 by $0.43. The business had revenue of $811.70 million during the quarter, compared to the consensus estimate of $783.82 million. F5 had a net margin of 21.96% and a return on equity of 21.50%. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.42 EPS. F5 has set its Q3 2026 guidance at 3.910-4.030 EPS and its FY 2026 guidance at 16.250-16.550 EPS. Research analysts predict that F5, Inc. will post 12.79 EPS for the current year.

F5 Profile

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.