710 Shares in F5, Inc. $FFIV Bought by Eagle Wealth Strategies LLC

Eagle Wealth Strategies LLC bought a new position in shares of F5, Inc. (NASDAQ:FFIV) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 710 shares of the network technology company’s stock, valued at approximately $209,000.

A number of other large investors have also modified their holdings of FFIV. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of F5 by 134.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company’s stock worth $27,000 after buying an additional 59 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in shares of F5 by 275.0% during the first quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company’s stock worth $28,000 after buying an additional 77 shares in the last quarter. Groupe la Francaise purchased a new stake in shares of F5 during the first quarter worth $34,000. Flaharty Asset Management LLC purchased a new stake in shares of F5 during the first quarter worth $35,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of F5 by 288.1% during the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock worth $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.

Insider Activity at F5

In other news, EVP Thomas Dean Fountain sold 1,347 shares of F5 stock in a transaction on Monday, August 4th. The stock was sold at an average price of $309.73, for a total value of $417,206.31. Following the completion of the sale, the executive vice president directly owned 20,699 shares of the company’s stock, valued at approximately $6,411,101.27. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Francois Locoh-Donou sold 1,300 shares of F5 stock in a transaction on Friday, August 1st. The shares were sold at an average price of $308.14, for a total value of $400,582.00. Following the completion of the sale, the chief executive officer directly owned 110,153 shares of the company’s stock, valued at $33,942,545.42. The trade was a 1.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,645 shares of company stock worth $3,379,749. 0.52% of the stock is owned by corporate insiders.

F5 Price Performance

NASDAQ FFIV opened at $322.66 on Tuesday. The firm’s 50-day moving average is $317.11 and its two-hundred day moving average is $291.90. F5, Inc. has a 12 month low of $213.24 and a 12 month high of $337.39. The stock has a market capitalization of $18.54 billion, a P/E ratio of 28.43, a PEG ratio of 3.75 and a beta of 1.08.

F5 (NASDAQ:FFIV) last posted its earnings results on Wednesday, July 30th. The network technology company reported $4.16 EPS for the quarter, beating 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 company had revenue of $780.37 million for the quarter, compared to analysts’ expectations of $750.64 million. During the same quarter in the prior year, the company posted $3.36 earnings per share. F5’s revenue for the quarter was up 12.2% compared to the same quarter last year. 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 anticipate that F5, Inc. will post 11.2 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. 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 report on Thursday, July 17th. Wolfe Research started coverage on shares of F5 in a report on Monday, July 7th. They issued an “outperform” rating for the company. Barclays upped their price objective 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 price objective on shares of F5 from $304.00 to $355.00 and gave the company a “neutral” rating in a report on Thursday, July 31st. Finally, Royal Bank Of Canada upped their price objective on shares of F5 from $314.00 to $326.00 and gave the company a “sector perform” rating in a report on Thursday, July 31st. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $309.89.

About F5

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.