F5FFIV
Market Cap: $11.6B
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, has about 6,500 employees, and generates about 55% its revenue within the Americas, 25% in EMEA, and 20% in APAC/Japan.
Employees: 6,524
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
758% more call options, than puts
Call options by funds: $144M | Put options by funds: $16.8M
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
13% more repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 184
1.99% more ownership
Funds ownership: 93.07% [Q1] → 95.06% (+1.99%) [Q2]
1% less funds holding
Funds holding: 522 [Q1] → 519 (-3) [Q2]
5% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 65
7% less capital invested
Capital invested by funds: $10.4B [Q1] → $9.59B (-$771M) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Evercore ISI Group Amit Daryanani 48% 1-year accuracy 19 / 40 met price target | 6%upside $210 | In-Line Maintained | 30 Jul 2024 |
RBC Capital Matthew Hedberg 51% 1-year accuracy 61 / 119 met price target | 3%upside $205 | Sector Perform Maintained | 30 Jul 2024 |
JP Morgan Samik Chatterjee 52% 1-year accuracy 30 / 58 met price target | 8%upside $215 | Neutral Maintained | 30 Jul 2024 |
Barclays Tim Long 65% 1-year accuracy 26 / 40 met price target | 8%upside $214 | Equal-Weight Maintained | 30 Jul 2024 |
Piper Sandler James Fish 33% 1-year accuracy 8 / 24 met price target | 7%downside $186 | Neutral Reiterated | 30 Jul 2024 |
Financial journalist opinion
Based on 5 articles about FFIV published over the past 30 days