Charles Schwab Investment Management Inc. Has $78.60 Million Stock Holdings in F5, Inc. (NASDAQ:FFIV)

Charles Schwab Investment Management Inc. increased its position in shares of F5, Inc. (NASDAQ:FFIVFree Report) by 0.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 487,801 shares of the network technology company’s stock after buying an additional 950 shares during the period. Charles Schwab Investment Management Inc. owned 0.82% of F5 worth $78,604,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in FFIV. MetLife Investment Management LLC increased its holdings in F5 by 23.9% during the first quarter. MetLife Investment Management LLC now owns 16,515 shares of the network technology company’s stock worth $3,451,000 after buying an additional 3,190 shares during the last quarter. Panagora Asset Management Inc. increased its holdings in F5 by 140.0% during the first quarter. Panagora Asset Management Inc. now owns 4,503 shares of the network technology company’s stock worth $941,000 after buying an additional 2,627 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in F5 by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 394,157 shares of the network technology company’s stock worth $82,367,000 after purchasing an additional 5,214 shares during the period. Sei Investments Co. boosted its position in F5 by 16.2% during the first quarter. Sei Investments Co. now owns 67,717 shares of the network technology company’s stock worth $14,067,000 after purchasing an additional 9,454 shares during the period. Finally, Prudential PLC bought a new position in F5 during the first quarter worth $327,000. 89.89% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other F5 news, CFO Francis J. Pelzer sold 2,500 shares of the business’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $170.00, for a total transaction of $425,000.00. Following the completion of the transaction, the chief financial officer now owns 32,508 shares of the company’s stock, valued at $5,526,360. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other F5 news, CFO Francis J. Pelzer sold 2,500 shares of the business’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $170.00, for a total transaction of $425,000.00. Following the completion of the transaction, the chief financial officer now owns 32,508 shares of the company’s stock, valued at $5,526,360. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Chad Michael Whalen sold 1,398 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $171.05, for a total value of $239,127.90. Following the transaction, the executive vice president now directly owns 21,927 shares of the company’s stock, valued at approximately $3,750,613.35. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 7,249 shares of company stock valued at $1,261,832. 0.58% of the stock is currently owned by corporate insiders.

F5 Stock Down 0.2 %

FFIV stock opened at $186.16 on Tuesday. The company has a market cap of $10.95 billion, a PE ratio of 24.21, a price-to-earnings-growth ratio of 2.76 and a beta of 1.11. The business has a 50-day simple moving average of $178.67 and a 200 day simple moving average of $165.79. F5, Inc. has a 52 week low of $127.05 and a 52 week high of $199.49.

F5 (NASDAQ:FFIVGet Free Report) last posted its quarterly earnings results on Monday, January 29th. The network technology company reported $3.43 EPS for the quarter, beating analysts’ consensus estimates of $3.04 by $0.39. The business had revenue of $693.00 million during the quarter, compared to the consensus estimate of $684.77 million. F5 had a return on equity of 20.81% and a net margin of 16.43%. F5’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.65 earnings per share. On average, analysts anticipate that F5, Inc. will post 9.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on FFIV shares. Piper Sandler lifted their price objective on shares of F5 from $170.00 to $187.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 30th. Barclays lifted their price objective on shares of F5 from $163.00 to $206.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 30th. The Goldman Sachs Group lifted their price objective on shares of F5 from $156.00 to $179.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 30th. KeyCorp lifted their price objective on shares of F5 from $186.00 to $204.00 and gave the stock an “overweight” rating in a research report on Thursday, January 18th. Finally, Needham & Company LLC lifted their price objective on shares of F5 from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $185.00.

Get Our Latest Research Report on F5

About F5

(Free Report)

F5, Inc provides multi-cloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region. The company's distributed cloud services enable its customers to deploy, secure, and operate applications in any architecture, from on-premises to the public cloud.

See Also

Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

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