Wedmont Private Capital Purchases 90 Shares of F5, Inc. $FFIV

Wedmont Private Capital grew its stake in F5, Inc. (NASDAQ:FFIV) by 11.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 869 shares of the network technology company’s stock after acquiring an additional 90 shares during the period. Wedmont Private Capital’s holdings in F5 were worth $263,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Hotchkis & Wiley Capital Management LLC grew its stake in F5 by 6.2% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 5,387,700 shares of the network technology company’s stock worth $1,434,583,000 after acquiring an additional 312,415 shares in the last quarter. Northern Trust Corp grew its stake in F5 by 15.5% in the 1st quarter. Northern Trust Corp now owns 1,054,701 shares of the network technology company’s stock worth $280,835,000 after acquiring an additional 141,680 shares in the last quarter. Acadian Asset Management LLC grew its stake in F5 by 24.0% in the 1st quarter. Acadian Asset Management LLC now owns 828,966 shares of the network technology company’s stock worth $220,693,000 after acquiring an additional 160,708 shares in the last quarter. AQR Capital Management LLC grew its stake in F5 by 37.5% in the 1st quarter. AQR Capital Management LLC now owns 828,900 shares of the network technology company’s stock worth $216,757,000 after acquiring an additional 226,231 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in F5 by 34,698.9% in the 1st quarter. GAMMA Investing LLC now owns 746,089 shares of the network technology company’s stock worth $198,661,000 after acquiring an additional 743,945 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors.

Insider Activity

In other F5 news, insider Lyra Amber Schramm sold 2,701 shares of F5 stock in a transaction on Monday, September 8th. The shares were sold at an average price of $316.57, for a total value of $855,055.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction of $1,706,905.28. Following the completion of the transaction, the executive vice president directly owned 23,591 shares of the company’s stock, valued at $7,601,963.84. The trade was a 18.34% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,945 shares of company stock worth $3,762,365 over the last three months. Corporate insiders own 0.52% of the company’s stock.

F5 Price Performance

Shares of F5 stock opened at $328.69 on Monday. The firm has a fifty day moving average price of $313.70 and a 200 day moving average price of $289.40. F5, Inc. has a 1 year low of $213.24 and a 1 year high of $337.39. The stock has a market cap of $18.88 billion, a PE ratio of 28.96, a price-to-earnings-growth ratio of 3.79 and a beta of 1.08.

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, topping the consensus estimate of $3.49 by $0.67. F5 had a net margin of 22.06% and a return on equity of 21.77%. The firm had revenue of $780.37 million during the quarter, compared to analysts’ expectations of $750.64 million. During the same quarter last year, the company posted $3.36 earnings per share. 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, equities analysts expect that F5, Inc. will post 11.2 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have commented on FFIV. Morgan Stanley upped their target price 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. Barclays lifted 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. 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. Wolfe Research initiated coverage on shares of F5 in a report on Monday, July 7th. They set an “outperform” rating on the stock. Finally, Needham & Company LLC lifted their price objective on shares of F5 from $320.00 to $345.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Three research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company 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.