Ethic Inc. Acquires 46 Shares of F5, Inc. $FFIV

Ethic Inc. increased its holdings in shares of F5, Inc. (NASDAQ:FFIV) by 0.5% in the second quarter, HoldingsChannel reports. The firm owned 9,849 shares of the network technology company’s stock after buying an additional 46 shares during the period. Ethic Inc.’s holdings in F5 were worth $2,913,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC grew its holdings in F5 by 134.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company’s stock worth $27,000 after purchasing an additional 59 shares during the period. Golden State Wealth Management LLC grew its holdings in F5 by 275.0% during the first quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company’s stock worth $28,000 after purchasing an additional 77 shares during the period. Groupe la Francaise bought a new position in F5 during the first quarter worth about $34,000. Flaharty Asset Management LLC bought a new position in F5 during the first quarter worth about $35,000. Finally, Geneos Wealth Management Inc. grew its holdings in F5 by 288.1% during the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock worth $43,000 after purchasing an additional 121 shares during the period. Institutional investors own 90.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on FFIV. JPMorgan Chase & Co. boosted their price objective on F5 from $285.00 to $305.00 and gave the stock a “neutral” rating in a report on Thursday, July 17th. Wall Street Zen cut F5 from a “strong-buy” rating to a “buy” rating in a report on Friday, October 3rd. Zacks Research cut F5 from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Royal Bank Of Canada boosted their price objective on F5 from $314.00 to $326.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of F5 in a report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, F5 presently has an average rating of “Hold” and a consensus price target of $314.33.

Insider Buying and Selling

In related news, EVP Thomas Dean Fountain sold 1,347 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $309.73, for a total value of $417,206.31. Following the completion of the sale, the executive vice president directly owned 20,699 shares in the company, valued at approximately $6,411,101.27. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Lyra Amber Schramm sold 2,701 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $316.57, for a total value of $855,055.57. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 11,945 shares of company stock valued at $3,796,542. 0.52% of the stock is currently owned by corporate insiders.

F5 Trading Down 1.2%

Shares of FFIV stock opened at $298.34 on Friday. The stock has a market cap of $17.14 billion, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 3.31 and a beta of 1.06. The stock has a 50 day simple moving average of $320.29 and a 200 day simple moving average of $298.95. F5, Inc. has a 1 year low of $214.10 and a 1 year high of $346.00.

F5 (NASDAQ:FFIV) last issued its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.49 by $0.67. The business had revenue of $780.37 million during the quarter, compared to analysts’ expectations of $750.64 million. F5 had a return on equity of 21.77% and a net margin of 22.06%.The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company 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. Analysts forecast 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.