F5, Inc. $FFIV Shares Acquired by Board of the Pension Protection Fund

Board of the Pension Protection Fund lifted its position in shares of F5, Inc. (NASDAQ:FFIV) by 194.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,300 shares of the network technology company’s stock after acquiring an additional 3,500 shares during the quarter. F5 makes up about 1.7% of Board of the Pension Protection Fund’s investment portfolio, making the stock its 13th biggest position. Board of the Pension Protection Fund’s holdings in F5 were worth $1,560,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FFIV. Annis Gardner Whiting Capital Advisors LLC grew 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 worth $27,000 after buying an additional 59 shares during the last quarter. Golden State Wealth Management LLC grew its stake in 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 buying an additional 77 shares during the last quarter. Groupe la Francaise bought a new position in F5 during the 1st quarter worth $34,000. Flaharty Asset Management LLC bought a new position in F5 during the 1st quarter worth $35,000. Finally, Geneos Wealth Management Inc. grew its stake in 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 buying an additional 121 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors.

Insider Transactions at F5

In related news, EVP Chad Michael Whalen sold 5,297 shares of the firm’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 $7,601,963.84. This trade represents a 18.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Thomas Dean Fountain sold 1,347 shares of the firm’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $309.73, for a total value of $417,206.31. Following the transaction, the executive vice president directly owned 20,699 shares of the company’s stock, valued at $6,411,101.27. This represents a 6.11% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,945 shares of company stock worth $3,796,542. Corporate insiders own 0.52% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Wall Street Zen downgraded F5 from a “strong-buy” rating to a “buy” rating in a research note on Friday, October 3rd. Needham & Company LLC upped their price objective on F5 from $320.00 to $345.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Piper Sandler upped their price objective 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 began coverage on F5 in a research note on Monday, July 7th. They issued an “outperform” rating for the company. Finally, Morgan Stanley increased their price target on F5 from $312.00 to $352.00 and gave the stock an “equal weight” rating in a research note on Friday. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $314.33.

F5 Stock Performance

NASDAQ:FFIV opened at $331.75 on Friday. F5, Inc. has a 1 year low of $213.24 and a 1 year high of $346.00. The stock has a market cap of $19.06 billion, a price-to-earnings ratio of 29.23, a PEG ratio of 3.64 and a beta of 1.06. The business has a fifty day moving average of $322.28 and a 200-day moving average of $295.55.

F5 (NASDAQ:FFIV) last released its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (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 company had revenue of $780.37 million during the quarter, compared to analysts’ expectations of $750.64 million. During the same quarter in the prior year, the business posted $3.36 earnings per share. The company’s revenue for the quarter 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. On average, equities research analysts predict that F5, Inc. will post 11.2 EPS for the current year.

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.