F5, Inc. $FFIV Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC cut its position in shares of F5, Inc. (NASDAQ:FFIV) by 9.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,641 shares of the network technology company’s stock after selling 269 shares during the quarter. HB Wealth Management LLC’s holdings in F5 were worth $777,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Hotchkis & Wiley Capital Management LLC lifted its stake in F5 by 6.2% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 5,387,700 shares of the network technology company’s stock valued at $1,434,583,000 after buying an additional 312,415 shares in the last quarter. Northern Trust Corp lifted its stake in F5 by 15.5% during the first quarter. Northern Trust Corp now owns 1,054,701 shares of the network technology company’s stock valued at $280,835,000 after buying an additional 141,680 shares in the last quarter. Acadian Asset Management LLC lifted its stake in F5 by 24.0% during the first quarter. Acadian Asset Management LLC now owns 828,966 shares of the network technology company’s stock valued at $220,693,000 after buying an additional 160,708 shares in the last quarter. AQR Capital Management LLC lifted its stake in F5 by 37.5% during the first quarter. AQR Capital Management LLC now owns 828,900 shares of the network technology company’s stock valued at $216,757,000 after buying an additional 226,231 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in F5 by 14.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 743,808 shares of the network technology company’s stock valued at $198,054,000 after buying an additional 92,816 shares in the last quarter. 90.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have commented on FFIV shares. Barclays upped their price objective on shares of F5 from $274.00 to $321.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of F5 in a research note on Saturday, September 27th. JPMorgan Chase & Co. upped their target price on F5 from $285.00 to $305.00 and gave the company a “neutral” rating in a report on Thursday, July 17th. Morgan Stanley upped their target price on F5 from $305.00 to $312.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Finally, Wall Street Zen downgraded F5 from a “strong-buy” rating to a “buy” rating in a report on Friday. Four research 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’s stock. According to MarketBeat, F5 has a consensus rating of “Hold” and an average target price of $309.89.

Insider Buying and Selling

In other F5 news, insider Lyra Amber Schramm sold 2,701 shares of the firm’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $316.57, for a total transaction of $855,055.57. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Chad Michael Whalen sold 5,297 shares of F5 stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $322.24, for a total value of $1,706,905.28. Following the transaction, the executive vice president owned 23,591 shares in the company, valued at $7,601,963.84. This trade represents a 18.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,945 shares of company stock worth $3,796,542 in the last ninety days. 0.52% of the stock is currently owned by corporate insiders.

F5 Price Performance

Shares of FFIV stock opened at $324.98 on Friday. The stock has a fifty day moving average price of $319.17 and a 200 day moving average price of $293.35. F5, Inc. has a one year low of $213.24 and a one year high of $337.39. The stock has a market cap of $18.67 billion, a P/E ratio of 28.63, a price-to-earnings-growth ratio of 3.57 and a beta of 1.06.

F5 (NASDAQ:FFIV) last announced its earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, beating analysts’ consensus estimates of $3.49 by $0.67. F5 had a return on equity of 21.77% and a net margin of 22.06%.The company had revenue of $780.37 million during the quarter, compared to analyst estimates of $750.64 million. During the same period last year, the company posted $3.36 earnings per share. The firm’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. Equities research analysts anticipate that F5, Inc. will post 11.2 EPS for the current year.

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.