Addenda Capital Inc. Acquires 1,063 Shares of F5, Inc. $FFIV

Addenda Capital Inc. raised its holdings in shares of F5, Inc. (NASDAQ:FFIV) by 2.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 54,161 shares of the network technology company’s stock after purchasing an additional 1,063 shares during the quarter. Addenda Capital Inc.’s holdings in F5 were worth $15,941,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FFIV. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of 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 valued at $27,000 after buying an additional 59 shares during the period. Golden State Wealth Management LLC grew its holdings in shares of F5 by 275.0% in 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 during the period. Groupe la Francaise acquired a new position in shares of F5 in the 1st quarter valued at $34,000. Flaharty Asset Management LLC acquired a new position in shares of F5 in the 1st quarter valued at $35,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of F5 by 288.1% in 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 during the period. Institutional investors own 90.66% of the company’s stock.

Insider Activity at F5

In other news, insider Lyra Amber Schramm sold 2,701 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $316.57, for a total transaction of $855,055.57. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Francois Locoh-Donou sold 1,300 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $308.14, for a total transaction of $400,582.00. Following the transaction, the chief executive officer directly owned 110,153 shares in the company, valued at $33,942,545.42. This represents a 1.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,945 shares of company stock valued at $3,762,365 in the last 90 days. Insiders own 0.52% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on FFIV shares. Barclays boosted their price target on shares of F5 from $274.00 to $321.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Piper Sandler upped their target price on shares of F5 from $304.00 to $355.00 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. upped their target price on shares of F5 from $285.00 to $305.00 and gave the stock a “neutral” rating in a research note on Thursday, July 17th. Royal Bank Of Canada upped their target price on shares of F5 from $314.00 to $326.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 31st. Finally, Morgan Stanley upped their target price on shares of F5 from $305.00 to $312.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, F5 has an average rating of “Hold” and a consensus price target of $309.89.

F5 Stock Performance

Shares of FFIV stock opened at $324.87 on Friday. The stock has a market cap of $18.66 billion, a price-to-earnings ratio of 28.62, a PEG ratio of 3.75 and a beta of 1.08. F5, Inc. has a 52-week low of $213.24 and a 52-week high of $337.39. The firm’s 50-day moving average is $316.66 and its 200-day moving average is $291.25.

F5 (NASDAQ:FFIV) last released its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, beating the consensus estimate of $3.49 by $0.67. The firm had revenue of $780.37 million for 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 was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm earned $3.36 EPS. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. Sell-side analysts predict that F5, Inc. will post 11.2 EPS 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.