CNB Bank Makes New Investment in F5, Inc. $FFIV

CNB Bank bought a new position in shares of F5, Inc. (NASDAQ:FFIV) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 167 shares of the network technology company’s stock, valued at approximately $49,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Annis Gardner Whiting Capital Advisors LLC raised its stake in F5 by 134.1% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company’s stock worth $27,000 after purchasing an additional 59 shares in the last quarter. Golden State Wealth Management LLC grew its position in shares of F5 by 275.0% during the 1st quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company’s stock worth $28,000 after purchasing an additional 77 shares in the last quarter. Groupe la Francaise bought a new position in shares of F5 during the first quarter worth approximately $34,000. Flaharty Asset Management LLC acquired a new stake in shares of F5 in the first quarter valued at approximately $35,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of F5 by 288.1% in the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock valued at $43,000 after buying an additional 121 shares during the period. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have commented on FFIV shares. Royal Bank Of Canada raised their price objective on F5 from $314.00 to $326.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 31st. Barclays raised their price target on F5 from $274.00 to $321.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Wall Street Zen downgraded F5 from a “strong-buy” rating to a “buy” rating in a research note on Friday, October 3rd. Morgan Stanley increased their price objective on shares of F5 from $312.00 to $352.00 and gave the stock an “equal weight” rating in a research note on Friday, October 10th. Finally, Wolfe Research initiated coverage on shares of F5 in a report on Monday, July 7th. They issued an “outperform” rating on the stock. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $314.33.

Insider Activity at F5

In other F5 news, CEO Francois Locoh-Donou sold 1,300 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $320.61, for a total transaction of $416,793.00. Following the sale, the chief executive officer owned 107,553 shares of the company’s stock, valued at approximately $34,482,567.33. The trade was a 1.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Lyra Amber Schramm sold 2,701 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $316.57, for a total value of $855,055.57. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,945 shares of company stock worth $3,796,542. Corporate insiders own 0.52% of the company’s stock.

F5 Stock Down 1.2%

F5 stock opened at $298.34 on Friday. F5, Inc. has a 12-month low of $214.10 and a 12-month high of $346.00. The business’s 50-day moving average price is $320.29 and its two-hundred day moving average price is $299.35. The stock has a market cap of $17.14 billion, a PE ratio of 26.29, a P/E/G ratio of 3.28 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 EPS for the quarter, topping analysts’ consensus estimates of $3.49 by $0.67. The firm had revenue of $780.37 million during the quarter, compared to analysts’ expectations of $750.64 million. F5 had a net margin of 22.06% and a return on equity of 21.77%. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.36 earnings per share. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. As a group, analysts expect that F5, Inc. will post 11.2 earnings per share for the current year.

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.