F5, Inc. $FFIV Shares Sold by State of Wyoming

Key Points

• The State of Wyoming reduced its holdings in F5, Inc. by 73.4% during the first quarter, leaving them with 439 shares valued at approximately $117,000.
• Institutional investors and hedge funds now own 90.66% of F5's stock, highlighting significant institutional interest in the company.
• F5's recent earnings report showed an EPS of $4.16, surpassing estimates, and a revenue increase of 12.2% year-over-year, indicating strong performance amidst evolving market conditions.

State of Wyoming decreased its position in F5, Inc. (NASDAQ:FFIV - Free Report) by 73.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 439 shares of the network technology company's stock after selling 1,212 shares during the quarter. State of Wyoming's holdings in F5 were worth $117,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in FFIV. Spire Wealth Management boosted its holdings in F5 by 11.9% in the first quarter. Spire Wealth Management now owns 451 shares of the network technology company's stock valued at $120,000 after acquiring an additional 48 shares in the last quarter. Horizon Investments LLC grew 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 valued at $225,000 after purchasing an additional 50 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew 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 valued at $2,985,000 after acquiring an additional 50 shares during the period. Oliver Luxxe Assets LLC boosted its stake in F5 by 4.6% in the 1st quarter. Oliver Luxxe Assets LLC now owns 1,298 shares of the network technology company's stock worth $346,000 after purchasing an additional 57 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of F5 by 134.1% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock worth $27,000 after acquiring an additional 59 shares in the last quarter. Institutional investors own 90.66% of the company's stock.

Insider Transactions at F5

In other F5 news, EVP Thomas Dean Fountain sold 1,347 shares of the 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 transaction, the executive vice president owned 20,699 shares of the company's stock, valued at $6,411,101.27. This trade represents a 6.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Chad Michael Whalen sold 5,297 shares of the 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 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. Over the last ninety days, insiders have sold 11,945 shares of company stock valued at $3,762,365. Insiders own 0.52% of the company's stock.

F5 Stock Up 2.1%

Shares of F5 stock traded up $6.93 during trading on Thursday, reaching $333.62. The company's stock had a trading volume of 253,567 shares, compared to its average volume of 532,565. The business has a 50 day moving average price of $309.85 and a 200-day moving average price of $287.47. The company has a market capitalization of $19.17 billion, a P/E ratio of 29.42, a price-to-earnings-growth ratio of 3.76 and a beta of 1.08. F5, Inc. has a 12-month low of $202.68 and a 12-month high of $337.39.

F5 (NASDAQ:FFIV - Get Free Report) last posted its earnings results on Wednesday, July 30th. The network technology company reported $4.16 EPS for the quarter, topping analysts' consensus estimates of $3.49 by $0.67. F5 had a return on equity of 21.77% and a net margin of 22.06%.The company had revenue of $780.37 million for the quarter, compared to the consensus estimate of $750.64 million. During the same period in the previous year, the business earned $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. Research analysts predict that F5, Inc. will post 11.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

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.