F5, Inc. $FFIV Shares Acquired by IFP Advisors Inc

IFP Advisors Inc increased its stake in F5, Inc. (NASDAQ:FFIV) by 23.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 2,604 shares of the network technology company’s stock after purchasing an additional 503 shares during the quarter. IFP Advisors Inc’s holdings in F5 were worth $779,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FFIV. Meiji Yasuda Asset Management Co Ltd. grew its stake in F5 by 2.5% during the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,805 shares of the network technology company’s stock valued at $481,000 after purchasing an additional 44 shares in the last quarter. Signaturefd LLC grew its stake in F5 by 2.6% during the 2nd quarter. Signaturefd LLC now owns 1,834 shares of the network technology company’s stock valued at $540,000 after purchasing an additional 46 shares in the last quarter. Spire Wealth Management grew its stake in F5 by 11.9% during the 1st quarter. Spire Wealth Management now owns 451 shares of the network technology company’s stock valued at $120,000 after purchasing an additional 48 shares in the last quarter. Horizon Investments LLC grew its stake in F5 by 6.3% during the 1st quarter. Horizon Investments LLC now owns 845 shares of the network technology company’s stock valued at $225,000 after purchasing an additional 50 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in F5 by 0.4% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 11,210 shares of the network technology company’s stock valued at $2,985,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 90.66% of the company’s stock.

Analyst Ratings Changes

FFIV has been the subject of a number of recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of F5 in a research note on Wednesday, October 8th. Morgan Stanley raised their price objective on F5 from $312.00 to $352.00 and gave the company an “equal weight” rating in a research note on Friday. Needham & Company LLC increased their target price on F5 from $320.00 to $345.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Royal Bank Of Canada increased their target price on F5 from $314.00 to $326.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Finally, Piper Sandler increased their target price on F5 from $304.00 to $355.00 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $314.33.

Insider Buying and Selling

In related news, CEO Francois Locoh-Donou sold 1,300 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $320.61, for a total value 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. This trade represents a 1.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Thomas Dean Fountain sold 1,347 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $6,411,101.27. This trade represents a 6.11% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,945 shares of company stock worth $3,796,542. Company insiders own 0.52% of the company’s stock.

F5 Stock Up 2.7%

NASDAQ:FFIV opened at $340.64 on Tuesday. The company has a market cap of $19.57 billion, a PE ratio of 30.01, a P/E/G ratio of 3.64 and a beta of 1.06. F5, Inc. has a 52 week low of $213.24 and a 52 week high of $346.00. The business’s 50 day moving average is $322.67 and its two-hundred day moving average is $296.27.

F5 (NASDAQ:FFIV) last announced its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.49 by $0.67. The business had revenue of $780.37 million for the quarter, compared to the consensus estimate of $750.64 million. F5 had a return on equity of 21.77% and a net margin of 22.06%.The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, sell-side analysts expect that F5, Inc. will post 11.2 EPS for the current fiscal year.

F5 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.