F5, Inc. $FFIV Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lessened its stake in F5, Inc. (NASDAQ:FFIV) by 32.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 80,968 shares of the network technology company’s stock after selling 38,541 shares during the period. Teacher Retirement System of Texas owned about 0.14% of F5 worth $23,831,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FFIV. Whipplewood Advisors LLC increased its holdings in F5 by 275.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 90 shares of the network technology company’s stock valued at $26,000 after purchasing an additional 66 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings 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 purchasing an additional 59 shares during the last quarter. Golden State Wealth Management LLC increased its holdings in 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 purchasing an additional 77 shares during the last quarter. Groupe la Francaise acquired a new position in shares of F5 in the first quarter worth $34,000. Finally, Flaharty Asset Management LLC acquired a new position in shares of F5 in the first quarter worth $35,000. Institutional investors and hedge funds own 90.66% of the company’s stock.

Insider Activity

In related news, insider Lyra Amber Schramm sold 2,701 shares of the business’s 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Francois Locoh-Donou sold 1,300 shares of the business’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 approximately $34,482,567.33. The trade was a 1.19% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,945 shares of company stock worth $3,796,542. 0.52% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have commented on FFIV. Weiss Ratings restated a “buy (b)” rating on shares of F5 in a research note on Wednesday, October 8th. Wolfe Research began coverage on shares of F5 in a research note on Monday, July 7th. They issued an “outperform” rating for the company. Barclays boosted their price target on shares of F5 from $274.00 to $321.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. Morgan Stanley boosted their price target on shares of F5 from $312.00 to $352.00 and gave the stock an “equal weight” rating in a research note on Friday, October 10th. Finally, Royal Bank Of Canada boosted their price target on shares of F5 from $314.00 to $326.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 31st. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $314.33.

F5 Trading Down 2.7%

Shares of FFIV stock opened at $290.41 on Tuesday. The firm has a fifty day moving average price of $319.77 and a 200 day moving average price of $299.78. The company has a market cap of $16.68 billion, a P/E ratio of 25.59, a PEG ratio of 3.28 and a beta of 1.06. F5, Inc. has a 12 month low of $216.16 and a 12 month high of $346.00.

F5 (NASDAQ:FFIV) last issued its earnings results on Wednesday, July 30th. The network technology company reported $4.16 EPS for the quarter, topping analysts’ consensus estimates of $3.49 by $0.67. The firm had revenue of $780.37 million during the quarter, compared to the consensus estimate of $750.64 million. F5 had a net margin of 22.06% and a return on equity of 21.77%. The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous 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. On average, equities analysts forecast that F5, Inc. will post 11.2 EPS for the current year.

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.