Empowered Funds LLC Makes New Investment in F5, Inc. $FFIV

Key Points

• Empowered Funds LLC acquired 24,800 F5 shares during the second quarter, worth approximately $10.3 million. Institutional investors collectively own 90.66% of the company.
• Analyst sentiment remains mixed: Piper Sandler and JPMorgan raised their price targets to $461 and $515, respectively, while the overall consensus rating is “Hold” with a $416.62 target.
• F5 shares opened at $394.24, down 3.9%, despite quarterly results exceeding expectations. The company reported adjusted EPS of $4.73 on $865.1 million in revenue, with revenue up 10.9% year over year.

Empowered Funds LLC purchased a new stake in F5, Inc. (NASDAQ:FFIV - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 24,800 shares of the network technology company's stock, valued at approximately $10,316,000.

A number of other institutional investors also recently modified their holdings of FFIV. Hazlett Burt & Watson Inc. acquired a new position in F5 during the fourth quarter worth about $26,000. Hantz Financial Services Inc. boosted its stake in shares of F5 by 109.8% in the 4th quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company's stock valued at $27,000 after purchasing an additional 56 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in shares of F5 in the 4th quarter valued at approximately $28,000. SJS Investment Consulting Inc. grew its holdings in shares of F5 by 963.6% during the 1st quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company's stock valued at $34,000 after purchasing an additional 106 shares during the last quarter. Finally, Capital Advisors Ltd. LLC grew its holdings in shares of F5 by 113.8% during the 1st quarter. Capital Advisors Ltd. LLC now owns 124 shares of the network technology company's stock valued at $36,000 after purchasing an additional 66 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company's stock.

Insider Buying and Selling

In other F5 news, CEO Francois Locoh-Donou sold 3,782 shares of the firm's stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $412.44, for a total transaction of $1,559,848.08. Following the completion of the transaction, the chief executive officer owned 146,989 shares in the company, valued at approximately $60,624,143.16. This trade represents a 2.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Edward Cooper Werner sold 2,500 shares of the business's stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $400.00, for a total transaction of $1,000,000.00. Following the completion of the transaction, the chief financial officer owned 406 shares in the company, valued at $162,400. This trade represents a 86.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 15,699 shares of company stock valued at $6,316,411 over the last 90 days. 0.48% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on FFIV shares. Piper Sandler restated an "overweight" rating and issued a $461.00 target price (up from $423.00) on shares of F5 in a research report on Tuesday, July 28th. Morgan Stanley upped their price target on shares of F5 from $380.00 to $415.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 28th. JPMorgan Chase & Co. increased their price target on F5 from $500.00 to $515.00 and gave the company an "overweight" rating in a research note on Tuesday, July 28th. Needham & Company LLC restated a "hold" rating on shares of F5 in a research report on Tuesday, July 28th. Finally, Wall Street Zen upgraded F5 from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $416.62.

F5 Stock Down 3.9%

Shares of NASDAQ:FFIV opened at $394.24 on Friday. The firm has a market cap of $22.33 billion, a P/E ratio of 31.39, a P/E/G ratio of 3.85 and a beta of 1.03. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $435.00. The business has a fifty day simple moving average of $404.32 and a 200 day simple moving average of $351.96.

F5 (NASDAQ:FFIV - Get Free Report) last released its quarterly earnings results on Monday, July 27th. The network technology company reported $4.73 EPS for the quarter, beating analysts' consensus estimates of $4.00 by $0.73. The firm had revenue of $865.08 million for the quarter, compared to analyst estimates of $834.60 million. F5 had a return on equity of 21.54% and a net margin of 21.95%.The business's revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.16 EPS. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. As a group, equities research analysts expect that F5, Inc. will post 13.65 EPS for the current year.

F5 Company Profile

F5 Inc NASDAQ: FFIV specializes in application services and delivery networking, helping organizations ensure the availability, performance and security of their applications. The company's core offerings include advanced load balancing, traffic management and application security solutions designed to optimize user experiences and protect against threats such as distributed denial-of-service (DDoS) attacks and web application exploits.

At the heart of F5's product portfolio is the BIG-IP platform, which provides a suite of software modules for local and global traffic management, secure web application firewalling and DNS service delivery.

Want to see what other hedge funds are holding FFIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for F5, Inc. (NASDAQ:FFIV - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source