Czech National Bank Raises Stake in F5, Inc. $FFIV

Key Points

• The Czech National Bank increased its holdings in F5, Inc. by 6.0% in Q2, now owning 14,038 shares valued at approximately $4.13 million.
• Analysts have raised target prices for F5 shares, with Royal Bank of Canada now targeting $326, while the average target price across multiple analysts is $309.89.
• F5 reported strong earnings, with an EPS of $4.16 for the last quarter, beating estimates and demonstrating a 12.2% revenue increase year-over-year.

Czech National Bank raised its position in F5, Inc. (NASDAQ:FFIV - Free Report) by 6.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 14,038 shares of the network technology company's stock after buying an additional 797 shares during the period. Czech National Bank's holdings in F5 were worth $4,132,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FFIV. Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of F5 by 2.5% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,805 shares of the network technology company's stock worth $481,000 after acquiring an additional 44 shares in the last quarter. Spire Wealth Management raised its stake in F5 by 11.9% during the 1st 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 raised its holdings in F5 by 6.3% during the first quarter. Horizon Investments LLC now owns 845 shares of the network technology company's stock worth $225,000 after purchasing an additional 50 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in F5 by 0.4% during the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 11,210 shares of the network technology company's stock worth $2,985,000 after purchasing an additional 50 shares in the last quarter. Finally, Oliver Luxxe Assets LLC grew its position in F5 by 4.6% during the first quarter. Oliver Luxxe Assets LLC now owns 1,298 shares of the network technology company's stock worth $346,000 after buying an additional 57 shares during the period. Hedge funds and other institutional investors own 90.66% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on FFIV. JPMorgan Chase & Co. raised their target price on shares of F5 from $285.00 to $305.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Morgan Stanley boosted their target price on shares of F5 from $305.00 to $312.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Wolfe Research began coverage on shares of F5 in a report on Monday, July 7th. They issued an "outperform" rating for the company. Royal Bank Of Canada boosted their target price on shares of F5 from $314.00 to $326.00 and gave the company a "sector perform" rating in a research note on Thursday, July 31st. Finally, Wall Street Zen cut shares of 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 given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $309.89.

F5 Price Performance

Shares of FFIV stock traded down $3.11 during trading hours on Friday, reaching $328.69. 1,276,679 shares of the company were exchanged, compared to its average volume of 380,036. The company has a market cap of $18.88 billion, a price-to-earnings ratio of 28.96, a P/E/G ratio of 3.83 and a beta of 1.08. The stock's fifty day moving average is $313.70 and its two-hundred day moving average is $289.26. F5, Inc. has a fifty-two week low of $213.24 and a fifty-two week high of $337.39.

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 net margin of 22.06% and a return on equity of 21.77%. The firm had revenue of $780.37 million during the quarter, compared to the consensus estimate of $750.64 million. During the same quarter in the prior year, the firm earned $3.36 earnings per share. The business's quarterly revenue was up 12.2% on a year-over-year basis. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. On average, research analysts anticipate that F5, Inc. will post 11.2 earnings per share for the current year.

Insider Buying and Selling at F5

In other F5 news, EVP Chad Michael Whalen sold 5,297 shares of the firm's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $322.24, for a total value of $1,706,905.28. Following the transaction, the executive vice president directly owned 23,591 shares of the company's stock, valued at $7,601,963.84. This trade represents a 18.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas Dean Fountain sold 1,347 shares of F5 stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $309.73, for a total transaction of $417,206.31. Following the sale, the executive vice president owned 20,699 shares in the company, valued at approximately $6,411,101.27. This represents a 6.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,945 shares of company stock valued at $3,762,365 in the last three months. 0.52% of the stock is owned by 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.