F5, Inc. $FFIV Shares Purchased by Addenda Capital Inc.

Key Points

• Addenda Capital Inc. increased its holdings in F5, Inc. by 2.0% during the 2nd quarter, owning 54,161 shares valued at approximately $15.9 million.
• F5 recently reported $4.16 earnings per share for the quarter, surpassing analysts' expectations, while its revenue rose 12.2% year-over-year to $780.37 million.
• Analysts' ratings for F5 show consensus ratings of Hold with an average price target of $309.89 as several firms raised their price objectives.

Addenda Capital Inc. boosted its holdings in F5, Inc. (NASDAQ:FFIV - Free Report) by 2.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,161 shares of the network technology company's stock after acquiring an additional 1,063 shares during the quarter. Addenda Capital Inc. owned 0.09% of F5 worth $15,941,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Meiji Yasuda Asset Management Co Ltd. boosted its stake in shares of F5 by 2.5% during the 1st 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. Signaturefd LLC boosted its stake in shares of F5 by 2.6% during the 2nd quarter. Signaturefd LLC now owns 1,834 shares of the network technology company's stock worth $540,000 after acquiring an additional 46 shares in the last quarter. Spire Wealth Management boosted its stake in shares of F5 by 11.9% during the 1st quarter. Spire Wealth Management now owns 451 shares of the network technology company's stock worth $120,000 after acquiring an additional 48 shares in the last quarter. Horizon Investments LLC boosted its stake in shares of F5 by 6.3% during the 1st quarter. Horizon Investments LLC now owns 845 shares of the network technology company's stock worth $225,000 after acquiring an additional 50 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in shares of F5 by 0.4% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 11,210 shares of the network technology company's stock worth $2,985,000 after acquiring an additional 50 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

F5 Trading Up 0.3%

NASDAQ FFIV opened at $324.87 on Friday. The stock's 50 day moving average is $316.66 and its two-hundred day moving average is $291.25. The company has a market capitalization of $18.66 billion, a price-to-earnings ratio of 28.62, a PEG ratio of 3.75 and a beta of 1.08. F5, Inc. has a 1-year low of $213.24 and a 1-year high of $337.39.

F5 (NASDAQ:FFIV - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, beating analysts' consensus estimates 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 quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business 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, analysts predict that F5, Inc. will post 11.2 earnings per share for the current year.

Insiders Place Their Bets

In other 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 transaction, the executive vice president directly owned 23,591 shares of the company's stock, valued at $7,601,963.84. The trade was a 18.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Lyra Amber Schramm sold 2,701 shares of the business's 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. Insiders sold 11,945 shares of company stock valued at $3,762,365 over the last quarter. 0.52% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on FFIV shares. Morgan Stanley raised their price objective on F5 from $305.00 to $312.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Royal Bank Of Canada raised their target price on F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a research report on Thursday, July 31st. Barclays raised their target price on F5 from $274.00 to $321.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Needham & Company LLC raised their target price on F5 from $320.00 to $345.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Finally, JPMorgan Chase & Co. raised their target price on F5 from $285.00 to $305.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, F5 has a consensus rating of "Hold" and a consensus price target of $309.89.

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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