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)
136% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 42
69% more call options, than puts
Call options by funds: $71.7M | Put options by funds: $42.5M
22% more capital invested
Capital invested by funds: $9.77B [Q2] → $11.9B (+$2.13B) [Q3]
10% more funds holding
Funds holding: 523 [Q2] → 575 (+52) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
4.23% less ownership
Funds ownership: 96.87% [Q2] → 92.64% (-4.23%) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 206
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Evercore ISI Group Amit Daryanani 69% 1-year accuracy 34 / 49 met price target | 1%downside $270 | In-Line Maintained | 17 Jan 2025 |
RBC Capital Matthew Hedberg 70% 1-year accuracy 153 / 219 met price target | 5%downside $260 | Sector Perform Maintained | 3 Jan 2025 |
Morgan Stanley Meta Marshall 80% 1-year accuracy 20 / 25 met price target | 4%downside $262 | Equal-Weight Maintained | 17 Dec 2024 |
Goldman Sachs Michael Ng 67% 1-year accuracy 16 / 24 met price target | 12%downside $241 | Neutral Maintained | 29 Oct 2024 |
JP Morgan Samik Chatterjee 63% 1-year accuracy 40 / 64 met price target | 8%downside $250 | Neutral Maintained | 29 Oct 2024 |
Financial journalist opinion
Based on 4 articles about FFIV published over the past 30 days