Dimensional Fund Advisors LP Acquires 39,067 Shares of F5, Inc. (NASDAQ:FFIV)

Dimensional Fund Advisors LP increased its holdings in F5, Inc. (NASDAQ:FFIV - Free Report) by 6.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 650,547 shares of the network technology company's stock after acquiring an additional 39,067 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.12% of F5 worth $163,599,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of F5 by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 7,544,256 shares of the network technology company's stock worth $1,897,154,000 after purchasing an additional 64,261 shares during the period. Geode Capital Management LLC lifted its stake in shares of F5 by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 1,604,362 shares of the network technology company's stock worth $402,536,000 after acquiring an additional 30,367 shares during the period. First Trust Advisors LP boosted its holdings in shares of F5 by 3.1% in the fourth quarter. First Trust Advisors LP now owns 1,259,848 shares of the network technology company's stock valued at $316,814,000 after acquiring an additional 37,354 shares in the last quarter. Norges Bank acquired a new position in shares of F5 during the fourth quarter worth about $171,127,000. Finally, Alliancebernstein L.P. raised its holdings in F5 by 14.0% during the fourth quarter. Alliancebernstein L.P. now owns 656,231 shares of the network technology company's stock worth $165,022,000 after purchasing an additional 80,570 shares in the last quarter. Hedge funds and other institutional investors own 90.66% of the company's stock.

Wall Street Analysts Forecast Growth

FFIV has been the topic of a number of recent analyst reports. Piper Sandler upped their price target on shares of F5 from $262.00 to $269.00 and gave the stock a "neutral" rating in a research note on Tuesday. The Goldman Sachs Group upped their target price on shares of F5 from $257.00 to $295.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 29th. Needham & Company LLC reissued a "buy" rating and set a $320.00 price target on shares of F5 in a research note on Tuesday. Evercore ISI upped their price target on F5 from $240.00 to $270.00 and gave the stock an "in-line" rating in a report on Friday, January 17th. Finally, William Blair reaffirmed an "outperform" rating on shares of F5 in a report on Tuesday. One analyst has rated the stock with a sell rating, seven have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $282.56.

Insider Buying and Selling at F5

In related news, insider Lyra Amber Schramm sold 253 shares of the business's stock in a transaction that occurred on Saturday, February 1st. The stock was sold at an average price of $297.26, for a total value of $75,206.78. Following the completion of the sale, the insider now directly owns 200 shares in the company, valued at approximately $59,452. The trade was a 55.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Francois Locoh-Donou sold 6,500 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $303.06, for a total value of $1,969,890.00. Following the sale, the chief executive officer now directly owns 151,247 shares of the company's stock, valued at $45,836,915.82. The trade was a 4.12 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 18,232 shares of company stock worth $5,310,131. 0.52% of the stock is currently owned by company insiders.

F5 Trading Down 0.7 %

FFIV stock traded down $1.99 during trading on Tuesday, hitting $263.09. The company had a trading volume of 769,787 shares, compared to its average volume of 583,273. The firm has a market capitalization of $15.17 billion, a price-to-earnings ratio of 26.16, a P/E/G ratio of 3.85 and a beta of 1.14. The business has a 50 day moving average of $268.38 and a 200 day moving average of $261.30. F5, Inc. has a fifty-two week low of $159.01 and a fifty-two week high of $313.00.

F5 (NASDAQ:FFIV - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The network technology company reported $3.42 earnings per share for the quarter, beating the consensus estimate of $3.11 by $0.31. The business had revenue of $590.16 million during the quarter, compared to analyst estimates of $719.91 million. F5 had a return on equity of 20.98% and a net margin of 20.58%. The company's revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.91 earnings per share. As a group, equities analysts predict that F5, Inc. will post 11.2 EPS for the current year.

F5 Company Profile

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.