Greenleaf Trust trimmed its stake in shares of F5, Inc. (NASDAQ:FFIV – Free Report) by 6.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,022 shares of the network technology company’s stock after selling 76 shares during the period. Greenleaf Trust’s holdings in F5 were worth $301,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Annis Gardner Whiting Capital Advisors LLC increased its stake in F5 by 134.1% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company’s stock valued at $27,000 after buying an additional 59 shares during the last quarter. Golden State Wealth Management LLC grew its holdings in shares of F5 by 275.0% in the 1st 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 in the last quarter. Groupe la Francaise bought a new position in shares of F5 in the 1st quarter valued at about $34,000. Flaharty Asset Management LLC bought a new position in shares of F5 in the 1st quarter valued at about $35,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of F5 by 288.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock valued at $43,000 after acquiring an additional 121 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on FFIV shares. Wall Street Zen cut F5 from a “strong-buy” rating to a “buy” rating in a report on Friday. Barclays raised their price objective on F5 from $274.00 to $321.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Piper Sandler raised their price objective on F5 from $304.00 to $355.00 and gave the company a “neutral” rating in a report on Thursday, July 31st. Needham & Company LLC raised their price objective on F5 from $320.00 to $345.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, Royal Bank Of Canada raised their price objective on F5 from $314.00 to $326.00 and gave the company a “sector perform” rating in a report on Thursday, July 31st. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, F5 has an average rating of “Hold” and a consensus price target of $309.89.
F5 Price Performance
Shares of NASDAQ:FFIV opened at $324.98 on Friday. The company’s 50 day simple moving average is $319.17 and its 200 day simple moving average is $293.35. The stock has a market capitalization of $18.67 billion, a price-to-earnings ratio of 28.63, a price-to-earnings-growth ratio of 3.57 and a beta of 1.06. F5, Inc. has a 1 year low of $213.24 and a 1 year high of $337.39.
F5 (NASDAQ:FFIV – Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $780.37 million for the quarter, compared to analysts’ expectations of $750.64 million. F5 had a net margin of 22.06% and a return on equity of 21.77%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the firm 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. As a group, analysts anticipate that F5, Inc. will post 11.2 EPS for the current fiscal year.
Insider Activity
In other 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 transaction of $417,206.31. Following the completion of the transaction, the executive vice president directly owned 20,699 shares in the company, valued at approximately $6,411,101.27. This represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Francois Locoh-Donou sold 1,300 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $320.61, for a total transaction of $416,793.00. Following the transaction, the chief executive officer owned 107,553 shares of the company’s stock, valued at $34,482,567.33. This trade represents a 1.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,945 shares of company stock valued at $3,796,542. 0.52% of the stock is owned by insiders.
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.
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