CNB Bank Invests $49,000 in F5, Inc. $FFIV

CNB Bank acquired a new stake in F5, Inc. (NASDAQ:FFIV) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 167 shares of the network technology company’s stock, valued at approximately $49,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FFIV. MGO One Seven LLC raised its stake in shares of F5 by 0.8% in the 2nd quarter. MGO One Seven LLC now owns 4,927 shares of the network technology company’s stock valued at $1,450,000 after purchasing an additional 40 shares during the period. Meiji Yasuda Asset Management Co Ltd. raised its position in F5 by 2.5% in 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 buying an additional 44 shares during the last quarter. Signaturefd LLC lifted its stake in F5 by 2.6% in the 2nd quarter. Signaturefd LLC now owns 1,834 shares of the network technology company’s stock valued at $540,000 after acquiring an additional 46 shares in the last quarter. Ethic Inc. lifted its stake in F5 by 0.5% in the 2nd quarter. Ethic Inc. now owns 9,849 shares of the network technology company’s stock valued at $2,913,000 after acquiring an additional 46 shares in the last quarter. Finally, Spire Wealth Management boosted its position in F5 by 11.9% during the 1st quarter. Spire Wealth Management now owns 451 shares of the network technology company’s stock worth $120,000 after acquiring an additional 48 shares during the last quarter. 90.66% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other F5 news, EVP Thomas Dean Fountain sold 1,347 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $309.73, for a total value of $417,206.31. Following the transaction, the executive vice president directly owned 20,699 shares in the company, valued at $6,411,101.27. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Chad Michael Whalen sold 5,297 shares of the 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 completion of the transaction, the executive vice president directly 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. Over 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 Price Performance

Shares of FFIV stock opened at $298.34 on Friday. The company has a fifty day moving average price of $320.29 and a two-hundred day moving average price of $299.35. F5, Inc. has a one year low of $214.10 and a one year high of $346.00. The stock has a market cap of $17.14 billion, a P/E ratio of 26.29, a P/E/G ratio of 3.28 and a beta of 1.06.

F5 (NASDAQ:FFIV) last issued its earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (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 period in the prior year, the firm earned $3.36 EPS. F5’s quarterly 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, equities research analysts anticipate that F5, Inc. will post 11.2 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently issued reports on FFIV. JPMorgan Chase & Co. lifted their price objective on shares of F5 from $285.00 to $305.00 and gave the company a “neutral” rating in a report on Thursday, July 17th. Royal Bank Of Canada raised their target price on shares of F5 from $314.00 to $326.00 and gave the company a “sector perform” rating in a research report on Thursday, July 31st. Weiss Ratings reissued a “buy (b)” rating on shares of F5 in a research report on Saturday. Wall Street Zen downgraded shares of F5 from a “strong-buy” rating to a “buy” rating in a research note on Friday, October 3rd. Finally, Piper Sandler lifted their target price on F5 from $304.00 to $355.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $314.33.

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.