Nordea Investment Management AB Has $21.52 Million Position in F5, Inc. $FFIV

Nordea Investment Management AB cut its position in F5, Inc. (NASDAQ:FFIV) by 2.4% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 72,273 shares of the network technology company’s stock after selling 1,792 shares during the quarter. Nordea Investment Management AB’s holdings in F5 were worth $21,515,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Advisory Group LLC acquired a new position in shares of F5 in the 1st quarter valued at approximately $469,000. Vestcor Inc raised its position in shares of F5 by 689.3% in the 1st quarter. Vestcor Inc now owns 7,364 shares of the network technology company’s stock valued at $1,961,000 after buying an additional 6,431 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of F5 by 17.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 9,622 shares of the network technology company’s stock valued at $2,832,000 after buying an additional 1,428 shares in the last quarter. Morningstar Investment Management LLC acquired a new position in shares of F5 in the 2nd quarter valued at approximately $240,000. Finally, Sequoia Financial Advisors LLC raised its position in shares of F5 by 15.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 18,477 shares of the network technology company’s stock valued at $5,438,000 after buying an additional 2,461 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

F5 Price Performance

FFIV opened at $300.90 on Monday. F5, Inc. has a fifty-two week low of $213.24 and a fifty-two week high of $346.00. The firm has a market capitalization of $17.29 billion, a price-to-earnings ratio of 26.51, a PEG ratio of 3.30 and a beta of 1.06. The company’s 50 day moving average price is $322.50 and its two-hundred day moving average price is $297.75.

F5 (NASDAQ:FFIV) last posted its earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.49 by $0.67. F5 had a net margin of 22.06% and a return on equity of 21.77%. The firm had revenue of $780.37 million for the quarter, compared to analyst estimates of $750.64 million. During the same period in the previous year, the firm posted $3.36 EPS. 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. As a group, equities research analysts predict that F5, Inc. will post 11.2 EPS for the current year.

Insider Buying and Selling at F5

In other news, EVP Thomas Dean Fountain sold 1,347 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $309.73, for a total value of $417,206.31. Following the sale, the executive vice president directly owned 20,699 shares of the company’s stock, valued at approximately $6,411,101.27. This represents a 6.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Francois Locoh-Donou sold 1,300 shares of the company’s stock in a transaction on 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 directly owned 107,553 shares in the company, valued at approximately $34,482,567.33. This represents a 1.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,945 shares of company stock valued at $3,796,542. 0.52% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of F5 in a report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price target on shares of F5 from $285.00 to $305.00 and gave the company a “neutral” rating in a report on Thursday, July 17th. Zacks Research lowered shares of F5 from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Royal Bank Of Canada lifted their price target on shares of F5 from $314.00 to $326.00 and gave the company a “sector perform” rating in a report on Thursday, July 31st. Finally, Morgan Stanley lifted their price target on shares of F5 from $312.00 to $352.00 and gave the company an “equal weight” rating in a report on Friday, October 10th. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the 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 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.