Dakota Wealth Management Invests $1.40 Million in F5, Inc. $FFIV

Dakota Wealth Management purchased a new position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 4,765 shares of the network technology company's stock, valued at approximately $1,402,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Perigon Wealth Management LLC purchased a new stake in shares of F5 during the 2nd quarter worth about $267,000. Public Employees Retirement System of Ohio raised its stake in shares of F5 by 6.8% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 20,458 shares of the network technology company's stock worth $6,021,000 after purchasing an additional 1,297 shares in the last quarter. Norden Group LLC raised its stake in shares of F5 by 8.1% during the 2nd quarter. Norden Group LLC now owns 951 shares of the network technology company's stock worth $280,000 after purchasing an additional 71 shares in the last quarter. Cardinal Capital Management raised its stake in shares of F5 by 0.7% during the 2nd quarter. Cardinal Capital Management now owns 18,502 shares of the network technology company's stock worth $5,446,000 after purchasing an additional 125 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of F5 by 6.4% during the 2nd quarter. GAMMA Investing LLC now owns 2,981 shares of the network technology company's stock worth $877,000 after purchasing an additional 179 shares in the last quarter. 90.66% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, 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 of the company's stock, valued at approximately $6,411,101.27. This trade represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lyra Amber Schramm sold 2,701 shares of F5 stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $316.57, for a total value of $855,055.57. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,945 shares of company stock valued at $3,762,365. Corporate insiders own 0.52% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Wolfe Research assumed coverage on F5 in a research note on Monday, July 7th. They issued an "outperform" rating on the stock. Barclays raised their price objective on F5 from $274.00 to $321.00 and gave the company an "equal weight" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. raised their price objective on F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Royal Bank Of Canada raised their price objective on F5 from $314.00 to $326.00 and gave the company a "sector perform" rating in a research note on Thursday, July 31st. Finally, Morgan Stanley raised their price objective on F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a research note on Thursday, July 31st. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, F5 presently has a consensus rating of "Hold" and a consensus target price of $309.89.

F5 Stock Up 0.3%

Shares of NASDAQ FFIV opened at $324.87 on Friday. The business's 50 day moving average is $316.66 and its two-hundred day moving average is $291.07. The company has a market cap of $18.66 billion, a P/E ratio of 28.62, a P/E/G ratio of 3.74 and a beta of 1.08. F5, Inc. has a 12 month low of $213.24 and a 12 month high of $337.39.

F5 (NASDAQ:FFIV - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 EPS for the quarter, topping the consensus estimate of $3.49 by $0.67. The company had revenue of $780.37 million for the quarter, compared to the consensus estimate of $750.64 million. F5 had a return on equity of 21.77% and a net margin of 22.06%.The company's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the business posted $3.36 EPS. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. Sell-side analysts expect that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

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.

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