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Livforsakringsbolaget Skandia Omsesidigt Acquires 35,720 Shares of F5, Inc. $FFIV

F5 logo with Computer and Technology background

Key Points

  • Livforsakringsbolaget Skandia Omsesidigt increased its holdings in F5, Inc. by 145.9% in Q2, owning 60,207 shares worth approximately $17.7 million.
  • Insider transactions include EVPs selling shares, with Thomas Dean Fountain selling 1,347 shares and CEO Francois Locoh-Donou selling 1,300 shares, indicating a reduction in their respective ownerships.
  • Analysts have mixed ratings for F5, with target prices ranging from $305 to $355, and an average rating of "Hold".
  • MarketBeat previews the top five stocks to own by November 1st.

Livforsakringsbolaget Skandia Omsesidigt grew its position in F5, Inc. (NASDAQ:FFIV - Free Report) by 145.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 60,207 shares of the network technology company's stock after buying an additional 35,720 shares during the period. Livforsakringsbolaget Skandia Omsesidigt owned approximately 0.10% of F5 worth $17,720,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Private Advisory Group LLC acquired a new position in F5 in the first quarter valued at about $469,000. Vestcor Inc boosted its holdings in shares of F5 by 689.3% in the first quarter. Vestcor Inc now owns 7,364 shares of the network technology company's stock valued at $1,961,000 after buying an additional 6,431 shares during the period. Golden State Wealth Management LLC boosted its holdings in shares of F5 by 275.0% in the first quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company's stock valued at $28,000 after buying an additional 77 shares during the period. Norden Group LLC acquired a new position in shares of F5 in the first quarter valued at approximately $234,000. Finally, OneDigital Investment Advisors LLC acquired a new position in shares of F5 in the first quarter valued at approximately $240,000. 90.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Lyra Amber Schramm sold 2,701 shares of the company's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $316.57, for a total transaction of $855,055.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thomas Dean Fountain sold 1,347 shares of the company's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $309.73, for a total value of $417,206.31. Following the sale, the executive vice president owned 20,699 shares of the company's stock, valued at $6,411,101.27. The trade was a 6.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,945 shares of company stock worth $3,762,365. 0.52% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on FFIV shares. Needham & Company LLC upped their target price on shares of F5 from $320.00 to $345.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Barclays upped their price objective on F5 from $274.00 to $321.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Wolfe Research assumed coverage on F5 in a research report on Monday, July 7th. They set an "outperform" rating for the company. JPMorgan Chase & Co. upped their price target on F5 from $285.00 to $305.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Finally, Morgan Stanley upped their price target on F5 from $305.00 to $312.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, F5 currently has a consensus rating of "Hold" and an average price target of $309.89.

View Our Latest Stock Report on FFIV

F5 Stock Down 0.9%

Shares of F5 stock traded down $3.11 during trading on Friday, reaching $328.69. The company's stock had a trading volume of 1,276,679 shares, compared to its average volume of 380,036. The firm has a market cap of $18.88 billion, a PE ratio of 28.96, a P/E/G ratio of 3.83 and a beta of 1.08. F5, Inc. has a 52 week low of $213.24 and a 52 week high of $337.39. The business's 50-day moving average price is $313.70 and its 200-day moving average price is $289.26.

F5 (NASDAQ:FFIV - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.49 by $0.67. The business had revenue of $780.37 million during the quarter, compared to analysts' expectations of $750.64 million. F5 had a return on equity of 21.77% and a net margin of 22.06%.The firm's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company posted $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. Equities analysts predict that F5, Inc. will post 11.2 earnings per share for the current year.

F5 Profile

(Free Report)

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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Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

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