Freedom Investment Management Inc. Lowers Stock Holdings in F5, Inc. $FFIV

Key Points

• Freedom Investment Management Inc. reduced its stake in F5, Inc. by 17.4% during the 1st quarter, owning 3,788 shares worth approximately $1,009,000 after selling 796 shares.
• Director Michael L. Dreyer and EVP Chad Michael Whalen both sold shares of F5, resulting in a combined total sale value of approximately $2.22 million in the last 90 days.
• F5, Inc. recently reported an earnings per share (EPS) of $4.16, surpassing analysts' expectations, and has set fiscal year 2025 guidance of 15.240-15.380 EPS.

Freedom Investment Management Inc. lowered its stake in F5, Inc. (NASDAQ:FFIV - Free Report) by 17.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,788 shares of the network technology company's stock after selling 796 shares during the period. Freedom Investment Management Inc.'s holdings in F5 were worth $1,009,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Coldstream Capital Management Inc. grew its position in F5 by 3.7% during the 4th quarter. Coldstream Capital Management Inc. now owns 954 shares of the network technology company's stock worth $240,000 after acquiring an additional 34 shares during the last quarter. Colonial Trust Co SC lifted its position in F5 by 5.2% in the fourth quarter. Colonial Trust Co SC now owns 685 shares of the network technology company's stock valued at $172,000 after purchasing an additional 34 shares during the last quarter. Spire Wealth Management boosted its stake in shares of F5 by 11.9% during the first quarter. Spire Wealth Management now owns 451 shares of the network technology company's stock valued at $120,000 after purchasing an additional 48 shares during the period. Horizon Investments LLC grew its holdings in shares of F5 by 6.3% in 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 during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its holdings in shares of F5 by 0.4% in 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 during the last quarter. Institutional investors own 90.66% of the company's stock.

Insider Transactions at F5

In other news, EVP Chad Michael Whalen sold 5,297 shares of the business's 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 sale, the executive vice president owned 23,591 shares in the company, valued at approximately $7,601,963.84. The trade was a 18.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Thomas Dean Fountain sold 1,347 shares of the company's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $309.73, for a total transaction of $417,206.31. Following the completion of the sale, the executive vice president directly owned 20,699 shares in the company, valued at $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. Over the last ninety days, insiders have sold 10,744 shares of company stock valued at $3,347,605. Company insiders own 0.52% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FFIV. William Blair reiterated an "outperform" rating on shares of F5 in a report on Tuesday, April 29th. Wall Street Zen cut shares of F5 from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. increased their target price on shares of F5 from $285.00 to $305.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Piper Sandler raised their target price on F5 from $304.00 to $355.00 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. Finally, Morgan Stanley boosted their price target on F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a report on Thursday, July 31st. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $309.89.

F5 Stock Performance

Shares of NASDAQ FFIV traded up $2.17 during midday trading on Wednesday, hitting $317.74. 249,634 shares of the company traded hands, compared to its average volume of 572,547. F5, Inc. has a 12-month low of $197.34 and a 12-month high of $334.00. The firm has a market cap of $18.25 billion, a P/E ratio of 27.99, a P/E/G ratio of 3.64 and a beta of 1.03. The stock has a 50-day moving average price of $305.19 and a 200 day moving average price of $286.87.

F5 (NASDAQ:FFIV - Get Free Report) last issued its quarterly earnings data 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. F5 had a net margin of 22.06% and a return on equity of 21.77%. The business had revenue of $780.37 million during the quarter, compared to analyst estimates of $750.64 million. During the same period last year, the business posted $3.36 earnings per share. F5's quarterly revenue was up 12.2% compared to the same quarter last year. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. As a group, equities analysts expect that F5, Inc. will post 11.2 earnings per share for the current 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.