Caisse DE Depot ET Placement DU Quebec Raises Holdings in F5, Inc. $FFIV

Key Points

• Caisse DE Depot ET Placement DU Quebec increased its stake in F5, Inc. by 226.7%, now owning approximately 0.26% of the company, valued at $39.1 million.
• Numerous large investors also raised their holdings in F5, with GAMMA Investing LLC boosting its stake by 34,698.9%, now owning shares worth $198.7 million.
• F5 reported a 12.2% year-over-year revenue increase in its latest quarterly earnings, achieving $780.37 million compared to analysts' expectations of $750.64 million.

Caisse DE Depot ET Placement DU Quebec increased its stake in F5, Inc. (NASDAQ:FFIV - Free Report) by 226.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 147,017 shares of the network technology company's stock after acquiring an additional 102,019 shares during the period. Caisse DE Depot ET Placement DU Quebec owned about 0.26% of F5 worth $39,146,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Annis Gardner Whiting Capital Advisors LLC raised its position in F5 by 134.1% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock valued at $27,000 after purchasing an additional 59 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in F5 by 275.0% in the first quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company's stock worth $28,000 after acquiring an additional 77 shares during the period. Park Square Financial Group LLC bought a new stake in shares of F5 during the 4th quarter valued at about $31,000. Groupe la Francaise purchased a new position in shares of F5 during the first quarter valued at about $34,000. Finally, MassMutual Private Wealth & Trust FSB raised its stake in F5 by 31.4% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 293 shares of the network technology company's stock worth $78,000 after buying an additional 70 shares in the last quarter. Institutional investors own 90.66% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on FFIV. Morgan Stanley raised their target price on F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. increased 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. Barclays increased their price objective on F5 from $274.00 to $321.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Piper Sandler increased their price objective on F5 from $304.00 to $355.00 and gave the stock a "neutral" rating in a report on Thursday, July 31st. Finally, Wall Street Zen downgraded F5 from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. 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 stock. According to MarketBeat, F5 presently has a consensus rating of "Hold" and a consensus price target of $309.89.

F5 Trading Down 1.7%

FFIV traded down $5.26 during trading on Friday, hitting $313.14. 593,461 shares of the company's stock traded hands, compared to its average volume of 472,758. The company's 50 day simple moving average is $306.35 and its two-hundred day simple moving average is $286.81. F5, Inc. has a 12-month low of $197.34 and a 12-month high of $334.00. The stock has a market capitalization of $17.99 billion, a price-to-earnings ratio of 27.59, a PEG ratio of 3.61 and a beta of 1.03.

F5 (NASDAQ:FFIV - Get Free Report) last issued its earnings results on Wednesday, July 30th. The network technology company reported $4.16 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 business had revenue of $780.37 million for the quarter, compared to the consensus estimate of $750.64 million. During the same period last year, the business posted $3.36 EPS. The company'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. On average, equities analysts expect that F5, Inc. will post 11.2 EPS for the current year.

Insider Transactions at F5

In other news, EVP Chad Michael Whalen sold 5,297 shares of the company's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $322.24, for a total value of $1,706,905.28. Following the completion of the sale, the executive vice president directly owned 23,591 shares in the company, valued at $7,601,963.84. This represents a 18.34% decrease in their position. 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 F5 stock in a transaction on Friday, August 1st. The shares were sold at an average price of $308.14, for a total value of $400,582.00. Following the transaction, the chief executive officer owned 110,153 shares in the company, valued at $33,942,545.42. This trade represents a 1.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,744 shares of company stock valued at $3,347,605. 0.52% of the stock is owned by company insiders.

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.