Activist investor Elliott Management Corp. has taken a stake in F5 Networks Inc. and spoken to the software company’s management in recent weeks about ways to boost its lagging stock, according to people familiar with the matter.

The exact size of Elliott’s stake couldn’t be learned, though it falls below the 5% threshold that would require regulatory disclosure, the people said. Elliott is one of the biggest investors in F5 Networks, a Seattle company with a market value of about $8.8 billion, they added.

Founded…

This post first appeared on wsj.com

You May Also Like

The subtle tweaks that transformed Oscars darling ‘Power of the Dog’

Jane Campion’s “The Power of the Dog” has been nominated for 12…

Narcan Maker Fast-Tracked for Over-the-Counter Nasal Spray

WSJ News Exclusive Health FDA’s priority review gives opioid-overdose reversal drug expected…

Bezos Backs Corporate Tax-Rate Increase and Infrastructure Plan

Amazon . com Inc. Chief Executive Jeff Bezos said he supports a…

Critics of Kamala Harris’ Vogue cover say the legendary glossy failed to give the VP-elect her due

At first glance, a Vogue cover photo of Vice President-elect Kamala Harris…