Ameriprise Financial Inc. Cuts Stock Holdings in F5, Inc. $FFIV

Key Points

• Ameriprise Financial Inc. has reduced its holdings in F5, Inc. by 44.7%, now owning approximately 733,893 shares valued at about $195.4 million.
• Other hedge funds have increased their positions significantly in F5, with GAMMA Investing LLC boosting their stake by an astonishing 34,698.9% during the same quarter.
• F5 recently reported earnings per share (EPS) of $4.16 for the quarter, exceeding analysts’ expectations and indicating a 12.2% increase in revenue year-over-year.

Ameriprise Financial Inc. decreased its stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 44.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 733,893 shares of the network technology company's stock after selling 594,004 shares during the period. Ameriprise Financial Inc. owned about 1.28% of F5 worth $195,417,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of FFIV. GAMMA Investing LLC boosted its position in shares of F5 by 34,698.9% during the first quarter. GAMMA Investing LLC now owns 746,089 shares of the network technology company's stock valued at $198,661,000 after buying an additional 743,945 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of F5 by 110.4% during the first quarter. Robeco Institutional Asset Management B.V. now owns 560,493 shares of the network technology company's stock valued at $149,242,000 after buying an additional 294,050 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in F5 by 659.3% during the first quarter. Pacer Advisors Inc. now owns 316,992 shares of the network technology company's stock worth $84,405,000 after acquiring an additional 275,244 shares during the period. Northern Trust Corp lifted its holdings in F5 by 38.0% during the fourth quarter. Northern Trust Corp now owns 913,021 shares of the network technology company's stock worth $229,597,000 after acquiring an additional 251,534 shares during the period. Finally, Voya Investment Management LLC lifted its holdings in F5 by 400.3% during the fourth quarter. Voya Investment Management LLC now owns 220,291 shares of the network technology company's stock worth $55,397,000 after acquiring an additional 176,260 shares during the period. Hedge funds and other institutional investors own 90.66% of the company's stock.

Insider Activity at F5

In related news, Director Elizabeth Buse sold 1,500 shares of the business's stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $293.53, for a total transaction of $440,295.00. Following the completion of the transaction, the director directly owned 5,013 shares in the company, valued at $1,471,465.89. The trade was a 23.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas Dean Fountain sold 1,347 shares of the business'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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,544 shares of company stock worth $3,862,333 in the last 90 days. 0.52% of the stock is owned by company insiders.

F5 Stock Performance

NASDAQ:FFIV opened at $317.23 on Friday. F5, Inc. has a 52-week low of $197.09 and a 52-week high of $334.00. The firm has a market cap of $18.22 billion, a price-to-earnings ratio of 27.95, a PEG ratio of 3.66 and a beta of 1.03. The business's fifty day moving average is $303.52 and its 200 day moving average is $286.54.

F5 (NASDAQ:FFIV - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 period in the previous year, the company posted $3.36 EPS. The firm'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. Equities analysts predict that F5, Inc. will post 11.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FFIV has been the topic of a number of recent analyst reports. Royal Bank Of Canada lifted their price target on F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a report on Thursday, July 31st. Barclays lifted their price target on F5 from $274.00 to $321.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. William Blair restated an "outperform" rating on shares of F5 in a research note on Tuesday, April 29th. Wall Street Zen lowered F5 from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Finally, Needham & Company LLC boosted their target price on F5 from $320.00 to $345.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, F5 currently has a consensus rating of "Hold" and a consensus target price of $309.89.

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.

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