Empowered Funds LLC Has $14.56 Million Stake in F5, Inc. $FFIV

Key Points

• Empowered Funds LLC increased its investment in F5, Inc. by 4,816.6%, acquiring a total of 54,673 shares worth approximately $14.56 million.
• F5 reported a quarterly EPS of $4.16, surpassing analysts' expectations by $0.67, with revenue growth of 12.2% compared to the previous year.
• Institutional investors own a significant 90.66% of F5's stock, indicating strong support from large financial entities.

Empowered Funds LLC grew its stake in F5, Inc. (NASDAQ:FFIV - Free Report) by 4,816.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 54,673 shares of the network technology company's stock after purchasing an additional 53,561 shares during the quarter. Empowered Funds LLC owned about 0.10% of F5 worth $14,558,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC lifted its stake 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 buying an additional 59 shares during the period. Golden State Wealth Management LLC increased its stake in shares of F5 by 275.0% in the 1st quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company's stock valued at $28,000 after acquiring an additional 77 shares during the last quarter. Park Square Financial Group LLC acquired a new stake in shares of F5 in the 4th quarter valued at approximately $31,000. Groupe la Francaise bought a new position in F5 during the 1st quarter worth approximately $34,000. Finally, WPG Advisers LLC acquired a new position in F5 during the first quarter valued at approximately $75,000. 90.66% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at F5

In related news, EVP Thomas Dean Fountain sold 1,347 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $309.73, for a total transaction of $417,206.31. Following the completion of the transaction, 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Chad Michael Whalen sold 5,297 shares of F5 stock in a transaction on Monday, August 11th. The shares were sold at an average price of $322.24, for a total transaction of $1,706,905.28. Following the completion of the sale, the executive vice president owned 23,591 shares in the company, valued at $7,601,963.84. The trade was a 18.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 11,945 shares of company stock worth $3,762,365. Company insiders own 0.52% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Morgan Stanley lifted their price target 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 initiated coverage on F5 in a research note on Monday, July 7th. They set an "outperform" rating on the stock. Piper Sandler boosted their target price on F5 from $304.00 to $355.00 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Barclays increased their price target on F5 from $274.00 to $321.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Finally, JPMorgan Chase & Co. lifted their price objective on F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. 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's stock. Based on data from MarketBeat.com, F5 presently has an average rating of "Hold" and a consensus target price of $309.89.

F5 Trading Down 3.9%

Shares of F5 stock traded down $12.92 during trading on Friday, reaching $321.67. The stock had a trading volume of 439,874 shares, compared to its average volume of 380,601. The company has a market capitalization of $18.48 billion, a price-to-earnings ratio of 28.34, a P/E/G ratio of 3.86 and a beta of 1.08. The stock has a fifty day moving average price of $310.97 and a two-hundred day moving average price of $287.96. F5, Inc. has a 52 week low of $206.10 and a 52 week high of $337.39.

F5 (NASDAQ:FFIV - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.49 by $0.67. The business had revenue of $780.37 million during 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%.F5's quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the company earned $3.36 earnings per share. 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 forecast that F5, Inc. will post 11.2 EPS for the current fiscal year.

About F5

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.