F5, Inc. $FFIV Stake Lowered by Cresset Asset Management LLC

Cresset Asset Management LLC trimmed its stake in shares of F5, Inc. (NASDAQ:FFIV) by 36.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 982 shares of the network technology company’s stock after selling 569 shares during the quarter. Cresset Asset Management LLC’s holdings in F5 were worth $261,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in FFIV. Annis Gardner Whiting Capital Advisors LLC grew its stake in F5 by 134.1% during the 1st 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 during the last quarter. Golden State Wealth Management LLC boosted 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 valued at $28,000 after acquiring an additional 77 shares during the period. Park Square Financial Group LLC bought a new position in shares of F5 during the fourth quarter worth about $31,000. MassMutual Private Wealth & Trust FSB grew its position in shares of F5 by 31.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 293 shares of the network technology company’s stock worth $78,000 after acquiring an additional 70 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of F5 by 32.7% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 325 shares of the network technology company’s stock worth $87,000 after acquiring an additional 80 shares during the period. Institutional investors own 90.66% of the company’s stock.

Insider Activity

In other F5 news, EVP Thomas Dean Fountain sold 1,347 shares of F5 stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $309.73, for a total transaction of $417,206.31. Following the transaction, the executive vice president directly owned 20,699 shares in the company, valued at approximately $6,411,101.27. The trade was a 6.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Chad Michael Whalen sold 5,297 shares of the business’s stock in a transaction on 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 sale, the executive vice president directly owned 23,591 shares in the company, valued at approximately $7,601,963.84. This trade represents a 18.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,744 shares of company stock valued at $3,347,605. Corporate insiders own 0.52% of the company’s stock.

F5 Stock Down 0.0%

FFIV opened at $315.57 on Wednesday. The firm has a market cap of $18.13 billion, a PE ratio of 27.80, a P/E/G ratio of 3.64 and a beta of 1.03. The business has a fifty day simple moving average of $304.56 and a 200-day simple moving average of $286.65. F5, Inc. has a fifty-two week low of $197.34 and a fifty-two week high of $334.00.

F5 (NASDAQ:FFIV) last announced its earnings results on Wednesday, July 30th. The network technology company reported $4.16 EPS for the quarter, beating the consensus estimate of $3.49 by $0.67. The business had revenue of $780.37 million during 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%.F5’s revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business posted $3.36 earnings per share. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. On average, equities research analysts anticipate that F5, Inc. will post 11.2 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Piper Sandler boosted their target price on shares of F5 from $304.00 to $355.00 and gave the company a “neutral” rating in a research note on Thursday, July 31st. Barclays upped their price objective on shares of F5 from $274.00 to $321.00 and gave the stock an “equal weight” rating in a report on Thursday, July 31st. Needham & Company LLC increased their target price on shares of F5 from $320.00 to $345.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Royal Bank Of Canada boosted their price target on shares of F5 from $314.00 to $326.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 31st. Finally, Morgan Stanley upped their price target 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 given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $309.89.

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.