American Century Companies Inc. Has $140.49 Million Stake in F5, Inc. $FFIV

Key Points

• American Century Companies Inc. cut its stake in F5, Inc. by 35.4% in Q1, now owning around 0.92% of the company, valued at approximately $140.49 million.
• Insider transactions indicate a recent decline in ownership: Director Michael L. Dreyer sold 1,800 shares, reducing his holdings by 29.15%, while EVP Thomas Dean Fountain sold 1,347 shares, a decrease of 6.11%.
• F5 reported quarterly earnings that exceeded estimates with earnings per share of $4.16 and revenue of $780.37 million, marking a 12.2% increase compared to the previous year.

American Century Companies Inc. lessened its stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 35.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 527,629 shares of the network technology company's stock after selling 289,581 shares during the period. American Century Companies Inc. owned about 0.92% of F5 worth $140,492,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in FFIV. Coldstream Capital Management Inc. boosted its holdings in F5 by 3.7% during the fourth quarter. Coldstream Capital Management Inc. now owns 954 shares of the network technology company's stock valued at $240,000 after acquiring an additional 34 shares during the period. Colonial Trust Co SC lifted its stake in shares of 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 buying an additional 34 shares during the period. Spire Wealth Management lifted its stake in shares of 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 buying an additional 48 shares during the period. Horizon Investments LLC lifted its stake 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 valued at $225,000 after buying an additional 50 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of F5 by 134.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock valued at $27,000 after buying an additional 59 shares during the period. 90.66% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on FFIV shares. Piper Sandler increased their target price on shares of F5 from $304.00 to $355.00 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Barclays increased their target price on shares of F5 from $274.00 to $321.00 and gave the company an "equal weight" rating in a research note on Thursday, July 31st. Wall Street Zen cut shares of F5 from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Needham & Company LLC raised their price target 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. Finally, Royal Bank Of Canada raised their price target on shares of F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 31st. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $309.89.

Insider Transactions at F5

In other F5 news, EVP Thomas Dean Fountain sold 1,347 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $309.73, for a total value of $417,206.31. Following the transaction, the executive vice president directly owned 20,699 shares of the company's stock, valued at approximately $6,411,101.27. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Chad Michael Whalen sold 5,297 shares of F5 stock in a transaction on Monday, August 11th. The stock was sold at an average price of $322.24, for a total transaction of $1,706,905.28. Following the transaction, the executive vice president directly owned 23,591 shares in the company, valued at approximately $7,601,963.84. This represents a 18.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,544 shares of company stock valued at $3,862,333. 0.52% of the stock is currently owned by company insiders.

F5 Trading Down 0.5%

Shares of F5 stock traded down $1.56 during midday trading on Thursday, reaching $314.23. The company had a trading volume of 292,250 shares, compared to its average volume of 542,800. The company has a market capitalization of $18.05 billion, a price-to-earnings ratio of 27.69, a price-to-earnings-growth ratio of 3.64 and a beta of 1.03. The stock has a fifty day simple moving average of $302.45 and a 200 day simple moving average of $286.40. F5, Inc. has a 1-year low of $195.44 and a 1-year high of $334.00.

F5 (NASDAQ:FFIV - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.49 by $0.67. F5 had a net margin of 22.06% and a return on equity of 21.77%. The firm had revenue of $780.37 million for the quarter, compared to analysts' expectations of $750.64 million. During the same period last year, the firm earned $3.36 earnings per share. The business's revenue for the quarter was up 12.2% on a year-over-year basis. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. Sell-side analysts expect that F5, Inc. will post 11.2 earnings per share for the current year.

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.