AlphaQuest LLC Trims Stock Holdings in F5, Inc. $FFIV

Key Points

• AlphaQuest LLC significantly reduced its stake in F5, Inc. by 74.7% in the first quarter, now holding 939 shares valued at $250,000.
• Institutional investors now own approximately 90.66% of F5's stock, with various firms adjusting their positions, including Annis Gardner Whiting Capital Advisors increasing its stake by 134.1%.
• F5, Inc. reported $4.16 EPS for the last quarter, exceeding expectations, while analysts have updated the stock's target price ranging from $305.00 to $355.00.

AlphaQuest LLC trimmed its stake in F5, Inc. (NASDAQ:FFIV - Free Report) by 74.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 939 shares of the network technology company's stock after selling 2,766 shares during the quarter. AlphaQuest LLC's holdings in F5 were worth $250,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Allstate Corp boosted its holdings in F5 by 134.4% in the first quarter. Allstate Corp now owns 2,963 shares of the network technology company's stock worth $789,000 after acquiring an additional 1,699 shares in the last quarter. Compound Planning Inc. bought a new position in shares of F5 during the first quarter valued at $280,000. Norinchukin Bank The lifted its holdings in shares of F5 by 15.2% during the first quarter. Norinchukin Bank The now owns 3,026 shares of the network technology company's stock valued at $806,000 after purchasing an additional 399 shares in the last quarter. CW Advisors LLC lifted its holdings in shares of F5 by 74.7% during the first quarter. CW Advisors LLC now owns 1,874 shares of the network technology company's stock valued at $499,000 after purchasing an additional 801 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of F5 by 13.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 159,106 shares of the network technology company's stock valued at $42,366,000 after purchasing an additional 19,174 shares in the last quarter. 90.66% of the stock is owned by institutional investors.

F5 Price Performance

F5 stock traded down $0.50 during mid-day trading on Wednesday, reaching $306.23. 198,259 shares of the stock traded hands, compared to its average volume of 537,668. The stock has a market capitalization of $17.59 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 3.61 and a beta of 1.08. F5, Inc. has a 12-month low of $197.34 and a 12-month high of $334.00. The business's 50-day moving average is $306.92 and its 200-day moving average is $286.80.

F5 (NASDAQ:FFIV - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The network technology company reported $4.16 EPS for the quarter, beating analysts' consensus estimates of $3.49 by $0.67. The company 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%.F5's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. Equities analysts anticipate that F5, Inc. will post 11.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on FFIV shares. Royal Bank Of Canada upped their price target on F5 from $314.00 to $326.00 and gave the company a "sector perform" rating in a report on Thursday, July 31st. Wall Street Zen downgraded F5 from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Wolfe Research started coverage on F5 in a report on Monday, July 7th. They set an "outperform" rating on the stock. JPMorgan Chase & Co. upped their price target on F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Finally, Piper Sandler upped their price target on F5 from $304.00 to $355.00 and gave the company a "neutral" rating in a report on Thursday, July 31st. Three 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. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $309.89.

Insider Buying and Selling

In other F5 news, CEO Francois Locoh-Donou sold 1,300 shares of the company's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $308.14, for a total value of $400,582.00. Following the completion of the sale, the chief executive officer owned 110,153 shares in the company, valued at $33,942,545.42. This represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Thomas Dean Fountain sold 1,347 shares of the company's stock in a transaction dated 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 owned 20,699 shares of the company's stock, valued at approximately $6,411,101.27. The trade was a 6.11% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,744 shares of company stock worth $3,347,605. Corporate insiders own 0.52% of the company's stock.

About F5

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.