Achmea Investment Management B.V. Grows Holdings in F5, Inc. (NASDAQ:FFIV)

Achmea Investment Management B.V. grew its stake in F5, Inc. (NASDAQ:FFIV) by 0.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 76,036 shares of the network technology company’s stock after acquiring an additional 552 shares during the period. Achmea Investment Management B.V. owned about 0.13% of F5 worth $19,121,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Edge Capital Group LLC purchased a new stake in F5 during the 4th quarter worth approximately $59,623,000. Cookson Peirce & Co. Inc. purchased a new stake in F5 during the 4th quarter worth approximately $53,212,000. Hotchkis & Wiley Capital Management LLC increased its stake in F5 by 3.6% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 5,489,388 shares of the network technology company’s stock worth $1,208,763,000 after buying an additional 191,020 shares during the period. Point72 Asset Management L.P. purchased a new stake in F5 during the 3rd quarter worth approximately $35,090,000. Finally, Jupiter Asset Management Ltd. increased its stake in F5 by 83.1% during the 4th quarter. Jupiter Asset Management Ltd. now owns 296,506 shares of the network technology company’s stock worth $74,562,000 after buying an additional 134,537 shares during the period. 90.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on FFIV shares. Piper Sandler upped their target price on shares of F5 from $246.00 to $304.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th. Barclays upped their target price on shares of F5 from $246.00 to $296.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Morgan Stanley boosted their price target on shares of F5 from $262.00 to $310.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 29th. Bank of America boosted their price target on shares of F5 from $180.00 to $260.00 and gave the stock an “underperform” rating in a report on Friday, January 31st. Finally, Evercore ISI boosted their price target on shares of F5 from $240.00 to $270.00 and gave the stock an “in-line” rating in a report on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, F5 presently has a consensus rating of “Hold” and an average target price of $295.00.

F5 Trading Up 0.3 %

Shares of F5 stock opened at $266.06 on Thursday. The company has a fifty day simple moving average of $282.58 and a 200-day simple moving average of $249.06. F5, Inc. has a 12-month low of $159.01 and a 12-month high of $313.00. The stock has a market cap of $15.34 billion, a price-to-earnings ratio of 26.45, a PEG ratio of 3.85 and a beta of 1.10.

Insider Activity

In related news, CEO Francois Locoh-Donou sold 6,500 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $303.06, for a total transaction of $1,969,890.00. Following the completion of the sale, the chief executive officer now owns 151,247 shares in the company, valued at $45,836,915.82. This represents a 4.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Chad Michael Whalen sold 4,093 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $290.33, for a total transaction of $1,188,320.69. Following the sale, the executive vice president now owns 27,264 shares of the company’s stock, valued at approximately $7,915,557.12. This represents a 13.05 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,060 shares of company stock worth $4,477,083. Corporate insiders own 0.52% of the company’s stock.

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.