Chapin Davis Inc. Reduces Stake in F5, Inc. $FFIV

Key Points

• Chapin Davis Inc. has reduced its stake in F5, Inc. by 6.4%, now holding 16,455 shares valued at approximately $4.84 million.
• F5 recently reported earnings of $4.16 EPS, surpassing analyst estimates and showing 12.2% revenue growth year-over-year, with total revenue reaching $780.37 million.
• Institutional investors hold about 90.66% of F5's stock, indicating strong interest from various funds, while analysts have given it an average target price of $309.89.

Chapin Davis Inc. reduced its position in F5, Inc. (NASDAQ:FFIV - Free Report) by 6.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,455 shares of the network technology company's stock after selling 1,120 shares during the period. F5 makes up about 1.3% of Chapin Davis Inc.'s investment portfolio, making the stock its 21st biggest position. Chapin Davis Inc.'s holdings in F5 were worth $4,843,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Hotchkis & Wiley Capital Management LLC lifted its position in F5 by 6.2% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 5,387,700 shares of the network technology company's stock valued at $1,434,583,000 after purchasing an additional 312,415 shares in the last quarter. Northern Trust Corp lifted its position in F5 by 15.5% during the first quarter. Northern Trust Corp now owns 1,054,701 shares of the network technology company's stock valued at $280,835,000 after purchasing an additional 141,680 shares in the last quarter. Acadian Asset Management LLC lifted its position in F5 by 24.0% during the first quarter. Acadian Asset Management LLC now owns 828,966 shares of the network technology company's stock valued at $220,693,000 after purchasing an additional 160,708 shares in the last quarter. AQR Capital Management LLC lifted its position in F5 by 37.5% during the first quarter. AQR Capital Management LLC now owns 828,900 shares of the network technology company's stock valued at $216,757,000 after purchasing an additional 226,231 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in 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 purchasing an additional 743,945 shares in the last quarter. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

F5 Price Performance

Shares of NASDAQ:FFIV opened at $328.69 on Monday. F5, Inc. has a 1 year low of $213.24 and a 1 year high of $337.39. The business has a 50 day simple moving average of $313.70 and a two-hundred day simple moving average of $289.40. The firm has a market capitalization of $18.88 billion, a PE ratio of 28.96, a price-to-earnings-growth ratio of 3.79 and a beta of 1.08.

F5 (NASDAQ:FFIV - Get Free Report) last announced its 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 business had revenue of $780.37 million during the quarter, compared to analyst estimates of $750.64 million. During the same quarter in the previous year, the business earned $3.36 earnings per share. 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. Equities research analysts expect that F5, Inc. will post 11.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on FFIV. JPMorgan Chase & Co. raised 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. Royal Bank Of Canada raised 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. Wolfe Research began coverage on F5 in a report on Monday, July 7th. They set an "outperform" rating on the stock. Piper Sandler raised 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. Finally, Morgan Stanley raised their price target on F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a report on Thursday, July 31st. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, F5 has an average rating of "Hold" and an average target price of $309.89.

Insiders Place Their Bets

In related news, EVP Chad Michael Whalen sold 5,297 shares of the business's stock in a transaction that occurred 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 owned 23,591 shares in the company, valued at approximately $7,601,963.84. The trade was a 18.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 sale, the executive vice president owned 20,699 shares of the company's stock, valued at $6,411,101.27. The trade was a 6.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,945 shares of company stock worth $3,762,365 over the last three months. 0.52% of the stock is currently 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.

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