F5FFIV
About: F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, and went public in 1999.
Employees: 6,557
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
96% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 50
69% more call options, than puts
Call options by funds: $71.7M | Put options by funds: $42.5M
21% more capital invested
Capital invested by funds: $9.72B [Q2] → $11.7B (+$2.01B) [Q3]
9% more funds holding
Funds holding: 523 [Q2] → 571 (+48) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
5.03% less ownership
Funds ownership: 96.31% [Q2] → 91.28% (-5.03%) [Q3]
10% less repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 204
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Goldman Sachs Michael Ng 90% 1-year accuracy 18 / 20 met price target | 2%downside $241 | Neutral Maintained | 29 Oct 2024 |
JP Morgan Samik Chatterjee 61% 1-year accuracy 14 / 23 met price target | 1%upside $250 | Neutral Maintained | 29 Oct 2024 |
RBC Capital Matthew Hedberg 66% 1-year accuracy 65 / 99 met price target | 3%downside $240 | Sector Perform Maintained | 29 Oct 2024 |
Barclays Tim Long 59% 1-year accuracy 30 / 51 met price target | 0%downside $246 | Equal-Weight Maintained | 29 Oct 2024 |
Piper Sandler James Fish 57% 1-year accuracy 12 / 21 met price target | 0%downside $246 | Neutral Maintained | 29 Oct 2024 |
Financial journalist opinion
Based on 22 articles about FFIV published over the past 30 days
