Insider Selling: F5 (NASDAQ:FFIV) Director Sells 4,000 Shares

F5, Inc. (NASDAQ:FFIV) Director Nikhil Ramesh Mehta sold 4,000 shares of F5 stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $388.95, for a total transaction of $1,555,800.00. Following the completion of the transaction, the director owned 7,043 shares of the company’s stock, valued at $2,739,374.85. This represents a 36.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

F5 Trading Up 0.9%

NASDAQ:FFIV traded up $3.78 during trading hours on Monday, hitting $406.35. The company’s stock had a trading volume of 1,040,692 shares, compared to its average volume of 776,433. F5, Inc. has a 52-week low of $223.76 and a 52-week high of $435.00. The stock has a market capitalization of $22.93 billion, a P/E ratio of 32.35, a price-to-earnings-growth ratio of 3.97 and a beta of 1.03. The stock has a fifty day moving average of $401.57 and a 200-day moving average of $334.36.

F5 (NASDAQ:FFIV) last announced its quarterly earnings results on Monday, July 27th. The network technology company reported $4.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.00 by $0.73. F5 had a return on equity of 21.54% and a net margin of 21.95%.The firm had revenue of $865.08 million during the quarter, compared to the consensus estimate of $834.60 million. During the same period in the prior year, the company posted $4.16 earnings per share. The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. On average, sell-side analysts forecast that F5, Inc. will post 13.53 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have commented on FFIV shares. Needham & Company LLC reaffirmed a “hold” rating on shares of F5 in a research report on Tuesday, July 28th. Bank of America increased their price objective on F5 from $250.00 to $300.00 and gave the stock an “underperform” rating in a research report on Tuesday, May 26th. Piper Sandler reaffirmed an “overweight” rating and set a $461.00 price target (up from $423.00) on shares of F5 in a report on Tuesday, July 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of F5 in a report on Friday, June 26th. Finally, Zacks Research lowered shares of F5 from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, F5 currently has a consensus rating of “Hold” and a consensus price target of $416.62.

Institutional Trading of F5

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Millennium Management LLC grew its position in shares of F5 by 166.5% in the first quarter. Millennium Management LLC now owns 62,906 shares of the network technology company’s stock valued at $16,750,000 after purchasing an additional 39,305 shares during the period. NewEdge Advisors LLC increased its position in F5 by 1,281.4% during the first quarter. NewEdge Advisors LLC now owns 967 shares of the network technology company’s stock worth $257,000 after purchasing an additional 897 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in 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 purchasing an additional 82,835 shares during the period. Focus Partners Wealth acquired a new position in shares of F5 in the 1st quarter valued at $257,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of F5 by 288.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock valued at $43,000 after buying an additional 121 shares during the period. 90.66% of the stock is owned by hedge funds and other institutional investors.

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.