F5FFIV
Market Cap: 10.4B
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 Q1 SEC filings by fund managers ($100M+ AUM)
81% more call options, than puts
Call options by funds: $50.1M | Put options by funds: $27.7M
7% more capital invested
Capital invested by funds: $9.52B [Q4 2023] → $10.2B (+$710M) [Q1 2024]
2.74% more ownership
Funds ownership: 89.11% [Q4 2023] → 91.85% (+2.74%) [Q1 2024]
9% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 57
1% more funds holding
Funds holding: 512 [Q4 2023] → 517 (+5) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]
5% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 189
Research analyst outlook
14 Wall Street Analysts provided 1 year price forecasts over the past 6 months
14 analyst ratings
RBC Capital Matthew Hedberg | 3%upside $182 | Sector Perform Maintained | 30 Apr 2024 |
Evercore ISI Group Amit Daryanani | 2%upside $180 | In-Line Maintained | 30 Apr 2024 |
Barclays Tim Long | 7%upside $189 | Equal-Weight Maintained | 30 Apr 2024 |
Piper Sandler James Fish | 6%downside $167 | Neutral Reiterated | 30 Apr 2024 |
Needham Alex Henderson | 24%upside $220 | Buy Reiterated | 30 Apr 2024 |
Financial journalist opinion
Based on 10 articles about FFIV published over the past 30 days