F5, Inc. $FFIV Shares Bought by Allianz Asset Management GmbH

Allianz Asset Management GmbH grew its holdings in shares of F5, Inc. (NASDAQ:FFIV) by 253.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 84,885 shares of the network technology company’s stock after buying an additional 60,874 shares during the period. Allianz Asset Management GmbH’s holdings in F5 were worth $24,983,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. MGO One Seven LLC increased its position in F5 by 0.8% during the 2nd quarter. MGO One Seven LLC now owns 4,927 shares of the network technology company’s stock worth $1,450,000 after purchasing an additional 40 shares during the period. Meiji Yasuda Asset Management Co Ltd. boosted its stake in shares of F5 by 2.5% during the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,805 shares of the network technology company’s stock worth $481,000 after acquiring an additional 44 shares in the last quarter. Signaturefd LLC boosted its stake in shares of F5 by 2.6% during the 2nd quarter. Signaturefd LLC now owns 1,834 shares of the network technology company’s stock worth $540,000 after acquiring an additional 46 shares in the last quarter. Spire Wealth Management boosted its stake in shares of F5 by 11.9% during the 1st quarter. Spire Wealth Management now owns 451 shares of the network technology company’s stock worth $120,000 after acquiring an additional 48 shares in the last quarter. Finally, Horizon Investments LLC boosted its stake in shares of F5 by 6.3% during the 1st quarter. Horizon Investments LLC now owns 845 shares of the network technology company’s stock worth $225,000 after acquiring an additional 50 shares in the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

Analysts Set New Price Targets

FFIV has been the topic of several research analyst reports. Morgan Stanley boosted their price target on F5 from $312.00 to $352.00 and gave the stock an “equal weight” rating in a research note on Friday, October 10th. Weiss Ratings reissued a “buy (b)” rating on shares of F5 in a research note on Wednesday, October 8th. Barclays boosted their price target on F5 from $274.00 to $321.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. boosted their price target on F5 from $285.00 to $305.00 and gave the stock a “neutral” rating in a research note on Thursday, July 17th. Finally, Wolfe Research initiated coverage on F5 in a research note on Monday, July 7th. They set an “outperform” rating on the stock. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $314.33.

F5 Stock Performance

FFIV stock opened at $300.90 on Monday. F5, Inc. has a 1 year low of $213.24 and a 1 year high of $346.00. The stock’s 50 day moving average price is $322.50 and its 200 day moving average price is $297.75. The firm has a market cap of $17.29 billion, a P/E ratio of 26.51, a PEG ratio of 3.30 and a beta of 1.06.

F5 (NASDAQ:FFIV) last posted its earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.49 by $0.67. F5 had a return on equity of 21.77% and a net margin of 22.06%.The firm had revenue of $780.37 million for the quarter, compared to analyst estimates of $750.64 million. During the same quarter in the prior year, the company earned $3.36 EPS. F5’s revenue was up 12.2% on a year-over-year basis. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. On average, research analysts predict that F5, Inc. will post 11.2 earnings per share for the current year.

Insiders Place Their Bets

In other F5 news, EVP Thomas Dean Fountain sold 1,347 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $309.73, for a total transaction of $417,206.31. Following the transaction, the executive vice president owned 20,699 shares of the company’s stock, valued at $6,411,101.27. This represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Chad Michael Whalen sold 5,297 shares of the stock in a transaction on Monday, August 11th. The stock was sold at an average price of $322.24, for a total value of $1,706,905.28. Following the transaction, the executive vice president directly owned 23,591 shares in the company, valued at approximately $7,601,963.84. This represents a 18.34% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,945 shares of company stock worth $3,796,542. 0.52% of the stock is owned by company insiders.

F5 Company Profile

F5, Inc provides multi-cloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region. The company’s distributed cloud services enable its customers to deploy, secure, and operate applications in any architecture, from on-premises to the public cloud.