BI Asset Management Fondsmaeglerselskab A S Boosts Stock Holdings in F5, Inc. $FFIV

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its stake in F5, Inc. by 28.9%, owning 6,994 shares valued at ~$1.86 million as of the latest reporting period.
• Several hedge funds significantly boosted their holdings in F5, including GAMMA Investing LLC, which increased its stake by over 34,698% to 746,089 shares.
• F5, Inc. reported $4.16 EPS for Q2, exceeding the consensus estimate of $3.49, with a year-over-year revenue increase of 12.2%.

BI Asset Management Fondsmaeglerselskab A S increased its position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 28.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,994 shares of the network technology company's stock after purchasing an additional 1,567 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in F5 were worth $1,862,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FFIV. Coldstream Capital Management Inc. lifted its position in F5 by 3.7% in the fourth quarter. Coldstream Capital Management Inc. now owns 954 shares of the network technology company's stock valued at $240,000 after acquiring an additional 34 shares during the last quarter. Colonial Trust Co SC lifted its position in F5 by 5.2% in the fourth quarter. Colonial Trust Co SC now owns 685 shares of the network technology company's stock valued at $172,000 after acquiring an additional 34 shares during the last quarter. Spire Wealth Management lifted its position in F5 by 11.9% in the first quarter. Spire Wealth Management now owns 451 shares of the network technology company's stock valued at $120,000 after acquiring an additional 48 shares during the last quarter. Horizon Investments LLC lifted its position in F5 by 6.3% in the first quarter. Horizon Investments LLC now owns 845 shares of the network technology company's stock valued at $225,000 after acquiring an additional 50 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its position in F5 by 134.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock valued at $27,000 after acquiring an additional 59 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Piper Sandler boosted their price target on shares of F5 from $304.00 to $355.00 and gave the company a "neutral" rating in a research report on Thursday, July 31st. William Blair reissued an "outperform" rating on shares of F5 in a research report on Tuesday, April 29th. Wall Street Zen cut shares of F5 from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Royal Bank Of Canada boosted their price target on shares of F5 from $314.00 to $326.00 and gave the company a "sector perform" rating in a research report on Thursday, July 31st. Finally, Wolfe Research assumed coverage on shares of F5 in a research report on Monday, July 7th. They issued an "outperform" rating for the company. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, F5 has a consensus rating of "Hold" and a consensus target price of $309.89.

Insiders Place Their Bets

In related news, Director Michael L. Dreyer sold 1,800 shares of the stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $285.96, for a total transaction of $514,728.00. Following the completion of the transaction, the director directly owned 4,376 shares of the company's stock, valued at $1,251,360.96. This represents a 29.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Francois Locoh-Donou sold 1,300 shares of the stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $308.14, for a total transaction of $400,582.00. Following the transaction, the chief executive officer directly owned 110,153 shares of the company's stock, valued at $33,942,545.42. This represents a 1.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,544 shares of company stock valued at $3,862,333. 0.52% of the stock is owned by insiders.

F5 Price Performance

Shares of NASDAQ:FFIV traded up $3.00 on Friday, reaching $317.23. The company's stock had a trading volume of 312,590 shares, compared to its average volume of 567,091. The stock's 50-day moving average is $303.52 and its two-hundred day moving average is $286.39. F5, Inc. has a 52-week low of $197.09 and a 52-week high of $334.00. The stock has a market capitalization of $18.22 billion, a P/E ratio of 27.95, a PEG ratio of 3.66 and a beta of 1.03.

F5 (NASDAQ:FFIV - Get Free Report) last announced its earnings results 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. F5 had a net margin of 22.06% and a return on equity of 21.77%. The business had revenue of $780.37 million during the quarter, compared to analysts' expectations of $750.64 million. During the same period in the prior year, the company earned $3.36 earnings per share. The business's revenue 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 forecast that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

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.