Vontobel Holding Ltd. cut its stake in shares of F5, Inc. (NASDAQ:FFIV – Free Report) by 2.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,646 shares of the network technology company’s stock after selling 360 shares during the period. Vontobel Holding Ltd.’s holdings in F5 were worth $4,899,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC lifted 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 valued at $27,000 after acquiring an additional 59 shares in the last quarter. Golden State Wealth Management LLC raised its stake in shares of F5 by 275.0% during the 1st quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company’s stock worth $28,000 after purchasing an additional 77 shares during the period. Groupe la Francaise bought a new stake in shares of F5 during the 1st quarter worth $34,000. Flaharty Asset Management LLC bought a new stake in shares of F5 during the 1st quarter worth $35,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of F5 by 288.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock worth $43,000 after purchasing an additional 121 shares during the period. 90.66% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
FFIV has been the topic of a number of recent analyst reports. Royal Bank Of Canada lifted their target price on F5 from $314.00 to $326.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of F5 in a research note on Wednesday. Piper Sandler lifted their target price on F5 from $304.00 to $355.00 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. Wolfe Research initiated coverage on F5 in a research note on Monday, July 7th. They set an “outperform” rating on the stock. Finally, JPMorgan Chase & Co. lifted their target price on F5 from $285.00 to $305.00 and gave the stock a “neutral” rating in a research note on Thursday, July 17th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $314.33.
Insider Buying and Selling
In other news, EVP Chad Michael Whalen sold 5,297 shares of the business’s stock in a transaction dated Monday, August 11th. The stock was 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 owned 23,591 shares of the company’s stock, valued at approximately $7,601,963.84. The trade was a 18.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lyra Amber Schramm sold 2,701 shares of the business’s stock in a transaction dated Monday, September 8th. The stock was 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. Insiders sold 11,945 shares of company stock worth $3,796,542 over the last quarter. 0.52% of the stock is owned by corporate insiders.
F5 Stock Performance
Shares of F5 stock opened at $331.75 on Friday. F5, Inc. has a 52-week low of $213.24 and a 52-week high of $346.00. The stock’s 50-day simple moving average is $322.28 and its 200 day simple moving average is $295.40. The stock has a market capitalization of $19.06 billion, a P/E ratio of 29.23, a P/E/G ratio of 3.76 and a beta of 1.06.
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. F5 had a return on equity of 21.77% and a net margin of 22.06%.The business had revenue of $780.37 million for the quarter, compared to analysts’ expectations of $750.64 million. During the same period in the previous year, the business posted $3.36 EPS. 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 forecast that F5, Inc. will post 11.2 EPS for the current fiscal 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.
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