Asset Management One Co. Ltd. raised its holdings in shares of F5, Inc. (NASDAQ:FFIV – Free Report) by 12.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,550 shares of the network technology company’s stock after acquiring an additional 4,373 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.07% of F5 worth $11,346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of F5 by 134.1% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company’s stock valued at $27,000 after buying an additional 59 shares in the last quarter. Golden State Wealth Management LLC lifted its stake 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 valued at $28,000 after buying an additional 77 shares in the last quarter. Groupe la Francaise purchased a new position in shares of F5 during the 1st quarter valued at $34,000. Flaharty Asset Management LLC purchased a new position in shares of F5 during the 1st quarter valued at $35,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of F5 by 288.1% during the 1st 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 in the last quarter. Hedge funds and other institutional investors own 90.66% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on FFIV. Zacks Research cut shares of F5 from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Piper Sandler lifted their target price on shares of F5 from $304.00 to $355.00 and gave the company a “neutral” rating in a research note on Thursday, July 31st. Barclays lifted their target price on shares of F5 from $274.00 to $321.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Wall Street Zen downgraded shares of F5 from a “strong-buy” rating to a “buy” rating in a report on Friday, October 3rd. Finally, Needham & Company LLC lifted their price target on shares of F5 from $320.00 to $345.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $314.33.
Insider Buying and Selling at F5
In related news, EVP Thomas Dean Fountain sold 1,347 shares of the company’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $309.73, for a total transaction of $417,206.31. Following the transaction, the executive vice president directly owned 20,699 shares in the company, valued at approximately $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 accessible through this hyperlink. Also, EVP Chad Michael Whalen sold 5,297 shares of the company’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $322.24, for a total transaction of $1,706,905.28. Following the transaction, the executive vice president owned 23,591 shares in the company, valued at $7,601,963.84. The trade was a 18.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,945 shares of company stock valued at $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 Monday. The company’s 50-day moving average price is $320.29 and its 200-day moving average price is $299.59. F5, Inc. has a twelve month low of $214.10 and a twelve month high of $346.00. The company has a market cap of $17.14 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 3.28 and a beta of 1.06.
F5 (NASDAQ:FFIV – Get Free Report) last posted its earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.49 by $0.67. F5 had a net margin of 22.06% and a return on equity of 21.77%. The firm had revenue of $780.37 million for the quarter, compared to the consensus estimate of $750.64 million. During the same period in the previous year, the firm posted $3.36 EPS. The business’s quarterly 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. As a group, sell-side analysts expect that F5, Inc. will post 11.2 earnings per share for the current fiscal 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.
Featured Stories
- Five stocks we like better than F5
- Airline Stocks – Top Airline Stocks to Buy Now
- PulteGroup Is Down But Not Out—Here’s What Wall Street Missed
- Industrial Products Stocks Investing
- Cleveland-Cliffs Breaks to New Highs on Earnings, More Upside?
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Is Landstar the Next Big Winner in Transportation Stocks?
Want to see what other hedge funds are holding FFIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for F5, Inc. (NASDAQ:FFIV – Free Report).
Receive News & Ratings for F5 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F5 and related companies with MarketBeat.com's FREE daily email newsletter.
