Berger Financial Group Inc raised its holdings in shares of F5, Inc. (NASDAQ:FFIV – Free Report) by 0.6% in the second quarter, HoldingsChannel reports. The institutional investor owned 21,809 shares of the network technology company’s stock after purchasing an additional 134 shares during the quarter. Berger Financial Group Inc’s holdings in F5 were worth $6,419,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Hotchkis & Wiley Capital Management LLC lifted its position in shares of F5 by 6.2% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 5,387,700 shares of the network technology company’s stock valued at $1,434,583,000 after acquiring an additional 312,415 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of F5 by 110.4% during the first quarter. Robeco Institutional Asset Management B.V. now owns 560,493 shares of the network technology company’s stock worth $149,242,000 after purchasing an additional 294,050 shares during the period. Pacer Advisors Inc. raised its position in shares of F5 by 659.3% during the first quarter. Pacer Advisors Inc. now owns 316,992 shares of the network technology company’s stock worth $84,405,000 after purchasing an additional 275,244 shares during the period. AQR Capital Management LLC lifted its holdings in shares of F5 by 37.5% during the first quarter. AQR Capital Management LLC now owns 828,900 shares of the network technology company’s stock valued at $216,757,000 after purchasing an additional 226,231 shares during the last quarter. Finally, Nuveen LLC acquired a new position in shares of F5 in the 1st quarter valued at $46,920,000. Institutional investors and hedge funds own 90.66% of the company’s stock.
Insider Activity
In related news, EVP Chad Michael Whalen sold 5,297 shares of F5 stock in a transaction on Monday, August 11th. The shares were sold at an average price of $322.24, for a total value 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. This trade represents a 18.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Francois Locoh-Donou sold 1,300 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $320.61, for a total transaction of $416,793.00. Following the transaction, the chief executive officer directly owned 107,553 shares of the company’s stock, valued at approximately $34,482,567.33. This represents a 1.19% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,945 shares of company stock worth $3,796,542. 0.52% of the stock is owned by company insiders.
F5 Price Performance
F5 (NASDAQ:FFIV – Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The network technology company reported $4.16 earnings per share 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 business had revenue of $780.37 million for the quarter, compared to the consensus estimate of $750.64 million. During the same period last year, the business earned $3.36 EPS. The firm’s revenue 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, research analysts expect that F5, Inc. will post 11.2 EPS for the current fiscal year.
Analysts Set New Price Targets
Several analysts have issued reports on FFIV shares. Wolfe Research began coverage on F5 in a report on Monday, July 7th. They set an “outperform” rating on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of F5 in a research report on Saturday, September 27th. Wall Street Zen downgraded shares of F5 from a “strong-buy” rating to a “buy” rating in a research report on Friday. Royal Bank Of Canada raised their price objective 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, Barclays boosted 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. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $309.89.
Read Our Latest Report on FFIV
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.
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