F5, Inc. $FFIV Shares Purchased by Apollon Wealth Management LLC

Apollon Wealth Management LLC grew its holdings in shares of F5, Inc. (NASDAQ:FFIV) by 37.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,082 shares of the network technology company’s stock after purchasing an additional 294 shares during the quarter. Apollon Wealth Management LLC’s holdings in F5 were worth $318,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FFIV. Meiji Yasuda Asset Management Co Ltd. grew its holdings in F5 by 2.5% in the 1st 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. Signaturefd LLC boosted its position in shares of F5 by 2.6% in the second quarter. Signaturefd LLC now owns 1,834 shares of the network technology company’s stock worth $540,000 after acquiring an additional 46 shares during the last quarter. Spire Wealth Management raised its stake in F5 by 11.9% during the first quarter. Spire Wealth Management now owns 451 shares of the network technology company’s stock worth $120,000 after purchasing an additional 48 shares during the period. Horizon Investments LLC raised its stake in F5 by 6.3% during the first quarter. Horizon Investments LLC now owns 845 shares of the network technology company’s stock worth $225,000 after purchasing an additional 50 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in shares of 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 worth $2,985,000 after buying an additional 50 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

F5 Price Performance

NASDAQ:FFIV opened at $300.90 on Friday. The firm has a 50-day moving average of $322.50 and a two-hundred day moving average of $297.25. The stock has a market cap of $17.29 billion, a P/E ratio of 26.51, a PEG ratio of 3.24 and a beta of 1.06. F5, Inc. has a 1-year low of $213.24 and a 1-year high of $346.00.

F5 (NASDAQ:FFIV) last released its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 EPS for the quarter, topping the consensus estimate 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 quarter in the previous year, the firm posted $3.36 earnings per share. The company’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 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on FFIV. Wolfe Research began coverage on F5 in a research report on Monday, July 7th. They set an “outperform” rating for the company. Weiss Ratings restated a “buy (b)” rating on shares of F5 in a report on Wednesday, October 8th. Zacks Research cut shares of F5 from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Barclays raised their target price 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. Finally, Needham & Company LLC raised their target price on shares of F5 from $320.00 to $345.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, F5 has an average rating of “Hold” and an average price target of $314.33.

Insider Activity at F5

In other F5 news, insider Lyra Amber Schramm sold 2,701 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $316.57, for a total transaction of $855,055.57. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Francois Locoh-Donou sold 1,300 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $320.61, for a total transaction of $416,793.00. Following the completion of the sale, the chief executive officer owned 107,553 shares in the company, valued at approximately $34,482,567.33. This trade represents a 1.19% 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 $3,796,542 over the last three months. 0.52% of the stock is owned by corporate insiders.

F5 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.