FORA Capital LLC Acquires New Stake in F5, Inc. $FFIV

Key Points

• FORA Capital LLC has acquired a new stake in F5, Inc. by purchasing 13,502 shares valued at approximately $3.6 million.
• F5, Inc. reported $4.16 earnings per share (EPS) for the most recent quarter, exceeding analysts' expectations of $3.49, along with a revenue increase of 12.2% year-over-year.
• Insiders at F5, Inc. sold a total of 10,744 shares worth approximately $3.35 million in the past three months, indicating some potential concerns regarding stock ownership levels.

FORA Capital LLC acquired a new position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,502 shares of the network technology company's stock, valued at approximately $3,595,000.

Several other institutional investors and hedge funds also recently modified their holdings of FFIV. Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of F5 by 226.7% in the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 147,017 shares of the network technology company's stock valued at $39,146,000 after buying an additional 102,019 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of F5 by 117.7% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 516 shares of the network technology company's stock valued at $137,000 after purchasing an additional 279 shares during the period. Oak Harvest Investment Services lifted its position in shares of F5 by 15.9% in the first quarter. Oak Harvest Investment Services now owns 16,065 shares of the network technology company's stock valued at $4,278,000 after buying an additional 2,208 shares during the last quarter. Quantitative Investment Management LLC acquired a new stake in shares of F5 in the first quarter valued at approximately $622,000. Finally, Oliver Luxxe Assets LLC lifted its position in shares of F5 by 4.6% in the first quarter. Oliver Luxxe Assets LLC now owns 1,298 shares of the network technology company's stock valued at $346,000 after buying an additional 57 shares during the last quarter. 90.66% of the stock is owned by institutional investors and hedge funds.

F5 Price Performance

F5 stock traded down $5.26 during mid-day trading on Friday, reaching $313.14. 593,461 shares of the company were exchanged, compared to its average volume of 539,385. The company has a fifty day simple moving average of $305.83 and a 200-day simple moving average of $286.94. F5, Inc. has a 12 month low of $197.34 and a 12 month high of $334.00. The firm has a market cap of $17.99 billion, a PE ratio of 27.59, a PEG ratio of 3.67 and a beta of 1.03.

F5 (NASDAQ:FFIV - Get Free Report) 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. F5 had a return on equity of 21.77% and a net margin of 22.06%.The company had revenue of $780.37 million for the quarter, compared to analyst estimates of $750.64 million. During the same quarter last year, the company 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. Sell-side analysts anticipate that F5, Inc. will post 11.2 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Wall Street Zen cut F5 from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Morgan Stanley raised their price objective on F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Royal Bank Of Canada increased their target price on F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 31st. Needham & Company LLC increased their target price on F5 from $320.00 to $345.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, JPMorgan Chase & Co. increased their target price on F5 from $285.00 to $305.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $309.89.

Insider Buying and Selling

In other F5 news, EVP Chad Michael Whalen sold 5,297 shares of F5 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 transaction, the executive vice president directly owned 23,591 shares of the company's stock, valued at approximately $7,601,963.84. The trade was a 18.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Thomas Dean Fountain sold 1,347 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 20,699 shares in the company, valued at approximately $6,411,101.27. This trade represents a 6.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,744 shares of company stock valued at $3,347,605 over the last 90 days. 0.52% of the stock is owned by corporate insiders.

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.