F5, Inc. $FFIV Stake Boosted 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, Holdings Channel reports. The firm owned 1,082 shares of the network technology company’s stock after acquiring an additional 294 shares during the quarter. Apollon Wealth Management LLC’s holdings in F5 were worth $318,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of FFIV. Meiji Yasuda Asset Management Co Ltd. grew its position in shares of F5 by 2.5% during 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 last quarter. Signaturefd LLC boosted its stake in F5 by 2.6% in the second quarter. Signaturefd LLC now owns 1,834 shares of the network technology company’s stock valued at $540,000 after acquiring an additional 46 shares during the period. Spire Wealth Management boosted its stake in F5 by 11.9% in the first quarter. Spire Wealth Management now owns 451 shares of the network technology company’s stock valued at $120,000 after acquiring an additional 48 shares during the period. Horizon Investments LLC boosted its stake in F5 by 6.3% in the first quarter. Horizon Investments LLC now owns 845 shares of the network technology company’s stock valued at $225,000 after acquiring an additional 50 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in F5 by 0.4% in the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 11,210 shares of the network technology company’s stock valued at $2,985,000 after acquiring an additional 50 shares during the period. 90.66% of the stock is owned by institutional investors and hedge funds.

F5 Stock Up 1.9%

FFIV stock opened at $300.90 on Friday. The company has a market capitalization of $17.29 billion, a P/E ratio of 26.51, a PEG ratio of 3.24 and a beta of 1.06. The company has a 50-day simple moving average of $322.50 and a 200 day simple moving average of $297.25. F5, Inc. has a fifty-two week low of $213.24 and a fifty-two week high of $346.00.

F5 (NASDAQ:FFIV) last posted its quarterly earnings data on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, topping the consensus estimate of $3.49 by $0.67. F5 had a net margin of 22.06% and a return on equity of 21.77%. The business had revenue of $780.37 million during the quarter, compared to the consensus estimate of $750.64 million. During the same quarter in the prior year, the company posted $3.36 earnings per share. The company’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 analysts anticipate that F5, Inc. will post 11.2 EPS for the current year.

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 stock was sold at an average price of $316.57, for a total transaction of $855,055.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Chad Michael Whalen sold 5,297 shares of the company’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $322.24, for a total value of $1,706,905.28. Following the completion of the sale, the executive vice president owned 23,591 shares of the company’s stock, valued at approximately $7,601,963.84. This trade represents a 18.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,945 shares of company stock worth $3,796,542 over the last ninety days. Insiders own 0.52% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on FFIV. Zacks Research downgraded F5 from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Wolfe Research assumed coverage on F5 in a research report on Monday, July 7th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. upped their price target on shares of F5 from $285.00 to $305.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. Morgan Stanley upped their price target on shares of F5 from $312.00 to $352.00 and gave the stock an “equal weight” rating in a research report on Friday, October 10th. Finally, Royal Bank Of Canada boosted their target price on shares of F5 from $314.00 to $326.00 and gave the company 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 issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $314.33.

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.