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F5, Inc. $FFIV Shares Sold by DAVENPORT & Co LLC
DAVENPORT & Co LLC significantly reduced its stake in F5, Inc. (NASDAQ:FFIV) by 47.7% in the fourth quarter, selling 4,731 shares and retaining 5,178 shares valued at approximately $1.32 million. Despite this, other institutional investors like Millennium Management LLC and Goldman Sachs Group Inc. increased their positions, with institutional ownership now standing at 90.66%. F5 reported strong earnings, beating analyst expectations with an EPS of $4.45 and revenue of $822.5 million, and provided positive guidance for Q2 and FY 2026.