Mn Services Vermogensbeheer B.V. Has $4.94 Million Stock Holdings in F5, Inc. (NASDAQ:FFIV)

Mn Services Vermogensbeheer B.V. decreased its holdings in shares of F5, Inc. (NASDAQ:FFIV) by 3.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,583 shares of the network technology company’s stock after selling 1,100 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in F5 were worth $4,937,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Washington Trust Advisors Inc. acquired a new stake in shares of F5 in the 4th quarter valued at about $36,000. Addison Advisors LLC boosted its holdings in F5 by 36.1% in the third quarter. Addison Advisors LLC now owns 279 shares of the network technology company’s stock worth $45,000 after acquiring an additional 74 shares in the last quarter. Janiczek Wealth Management LLC grew its stake in F5 by 56.4% in the fourth quarter. Janiczek Wealth Management LLC now owns 258 shares of the network technology company’s stock valued at $46,000 after acquiring an additional 93 shares during the period. Anchor Investment Management LLC bought a new stake in shares of F5 during the fourth quarter valued at approximately $51,000. Finally, Headinvest LLC acquired a new position in shares of F5 during the third quarter worth approximately $65,000. Institutional investors and hedge funds own 90.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FFIV. Needham & Company LLC reiterated a “buy” rating and set a $220.00 price objective on shares of F5 in a report on Tuesday, February 13th. Barclays boosted their price objective on F5 from $163.00 to $206.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 30th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $204.00 target price on shares of F5 in a research report on Friday, February 9th. JPMorgan Chase & Co. raised their price objective on F5 from $197.00 to $205.00 and gave the company a “neutral” rating in a research note on Thursday, April 11th. Finally, Piper Sandler boosted their price target on shares of F5 from $170.00 to $187.00 and gave the stock a “neutral” rating in a report on Tuesday, January 30th. One analyst has rated the stock with a sell rating, seven have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $186.82.

Insiders Place Their Bets

In other F5 news, CFO Francis J. Pelzer sold 500 shares of F5 stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of $180.09, for a total transaction of $90,045.00. Following the transaction, the chief financial officer now directly owns 31,508 shares of the company’s stock, valued at $5,674,275.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, EVP Thomas Dean Fountain sold 851 shares of the stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $183.06, for a total transaction of $155,784.06. Following the completion of the sale, the executive vice president now directly owns 15,008 shares in the company, valued at approximately $2,747,364.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Francis J. Pelzer sold 500 shares of the firm’s stock in a transaction that occurred on Monday, January 22nd. The stock was sold at an average price of $180.09, for a total value of $90,045.00. Following the transaction, the chief financial officer now owns 31,508 shares in the company, valued at $5,674,275.72. The disclosure for this sale can be found here. Insiders sold a total of 10,201 shares of company stock valued at $1,908,705 over the last quarter. 0.58% of the stock is owned by corporate insiders.

F5 Stock Performance

NASDAQ FFIV opened at $183.06 on Wednesday. F5, Inc. has a 52-week low of $127.05 and a 52-week high of $199.49. The company has a fifty day moving average of $188.27 and a 200-day moving average of $175.23. The company has a market capitalization of $10.77 billion, a P/E ratio of 23.80, a P/E/G ratio of 2.77 and a beta of 1.11.

F5 (NASDAQ:FFIV) last released its quarterly earnings results on Monday, January 29th. The network technology company reported $3.43 earnings per share for the quarter, beating analysts’ consensus estimates of $3.04 by $0.39. F5 had a return on equity of 20.81% and a net margin of 16.43%. The business had revenue of $693.00 million for the quarter, compared to the consensus estimate of $684.77 million. During the same quarter last year, the business posted $1.65 earnings per share. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. As a group, analysts forecast that F5, Inc. will post 9.58 EPS for the current fiscal year.

About F5

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.