Wealth Enhancement Advisory Services LLC Purchases 1,067 Shares of F5, Inc. $FFIV

Wealth Enhancement Advisory Services LLC increased its position in shares of F5, Inc. (NASDAQ:FFIV) by 3.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,253 shares of the network technology company’s stock after purchasing an additional 1,067 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.06% of F5 worth $10,580,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Meiji Yasuda Asset Management Co Ltd. increased its stake in shares of F5 by 2.5% in the first 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 period. Spire Wealth Management increased its stake in shares of F5 by 11.9% in the first quarter. Spire Wealth Management now owns 451 shares of the network technology company’s stock valued at $120,000 after buying an additional 48 shares during the period. Horizon Investments LLC increased its position 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 during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position 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 during the period. Finally, Oliver Luxxe Assets LLC increased its position in F5 by 4.6% during the 1st quarter. Oliver Luxxe Assets LLC now owns 1,298 shares of the network technology company’s stock valued at $346,000 after purchasing an additional 57 shares during the period. Institutional investors own 90.66% of the company’s stock.

F5 Stock Up 0.5%

Shares of FFIV opened at $330.19 on Tuesday. The business’s fifty day moving average is $314.42 and its 200 day moving average is $289.79. F5, Inc. has a 12-month low of $213.24 and a 12-month high of $337.39. The stock has a market cap of $18.97 billion, a P/E ratio of 29.09, a P/E/G ratio of 3.79 and a beta of 1.08.

F5 (NASDAQ:FFIV) last posted its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, beating 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 business had revenue of $780.37 million during the quarter, compared to the consensus estimate of $750.64 million. During the same quarter last year, the firm posted $3.36 EPS. F5’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. On average, analysts expect that F5, Inc. will post 11.2 EPS for the current year.

Insider Buying and Selling at F5

In other F5 news, EVP Thomas Dean Fountain sold 1,347 shares of the firm’s stock in a transaction on Monday, August 4th. The stock was 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. This trade represents a 6.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lyra Amber Schramm sold 2,701 shares of the firm’s 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 disclosure for this sale can be found here. In the last quarter, insiders sold 11,945 shares of company stock worth $3,762,365. 0.52% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of F5 from $285.00 to $305.00 and gave the company a “neutral” rating in a research report on Thursday, July 17th. Morgan Stanley increased their target price on shares of F5 from $305.00 to $312.00 and gave the company an “equal weight” rating in a research report on Thursday, July 31st. Wolfe Research assumed coverage on shares of F5 in a research report on Monday, July 7th. They set an “outperform” rating for the company. Barclays increased their target price on shares of F5 from $274.00 to $321.00 and gave the company an “equal weight” rating in a research report on Thursday, July 31st. Finally, Piper Sandler increased their target price on shares of F5 from $304.00 to $355.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus 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.