Fjarde AP Fonden Fourth Swedish National Pension Fund Acquires 8,300 Shares of F5, Inc. $FFIV

Key Points

• Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in F5, Inc. by 23.4%, owning 43,780 shares valued at $11.7 million as of its latest SEC filing.
• Multiple hedge funds made significant investments in F5, with GAMMA Investing LLC's stake growing by an astounding 34,698.9%, now owning 746,089 shares worth $198.7 million.
• F5's stock has experienced a decline of 2.2%, recently opening at $318.50, despite reporting quarterly earnings that surpassed expectations with $4.16 EPS compared to the estimated $3.49.

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 23.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,780 shares of the network technology company's stock after buying an additional 8,300 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund owned approximately 0.08% of F5 worth $11,657,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Neuberger Berman Group LLC raised its stake in shares of F5 by 41.6% during the 1st quarter. Neuberger Berman Group LLC now owns 11,446 shares of the network technology company's stock worth $3,048,000 after purchasing an additional 3,365 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its position in shares of F5 by 32.3% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,126 shares of the network technology company's stock valued at $566,000 after acquiring an additional 519 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in shares of F5 by 32.7% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 325 shares of the network technology company's stock worth $87,000 after purchasing an additional 80 shares during the last quarter. S Bank Fund Management Ltd acquired a new position in shares of F5 during the 1st quarter worth about $760,000. Finally, Russell Investments Group Ltd. increased its stake in shares of F5 by 41.4% during the 1st quarter. Russell Investments Group Ltd. now owns 156,130 shares of the network technology company's stock worth $41,424,000 after purchasing an additional 45,737 shares during the last quarter. Institutional investors own 90.66% of the company's stock.

Insider Transactions at F5

In other F5 news, EVP Chad Michael Whalen sold 5,297 shares of the firm's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $322.24, for a total value of $1,706,905.28. Following the completion of the sale, the executive vice president directly owned 23,591 shares in the company, valued at approximately $7,601,963.84. This trade represents a 18.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael L. Dreyer sold 1,800 shares of the firm's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $285.96, for a total transaction of $514,728.00. Following the completion of the sale, the director owned 4,376 shares of the company's stock, valued at $1,251,360.96. The trade was a 29.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,816 shares of company stock worth $4,227,002. 0.52% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

FFIV has been the topic of several recent analyst reports. Wall Street Zen lowered shares of F5 from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. William Blair restated an "outperform" rating on shares of F5 in a research note on Tuesday, April 29th. Piper Sandler lifted their target price on shares of F5 from $304.00 to $355.00 and gave the stock a "neutral" rating in a report on Thursday, July 31st. JPMorgan Chase & Co. lifted 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. Finally, Needham & Company LLC lifted their target price on shares of F5 from $320.00 to $345.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Three equities research 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.com, the stock presently has a consensus rating of "Hold" and an average target price of $309.89.

F5 Trading Down 0.3%

NASDAQ:FFIV traded down $1.0460 on Tuesday, hitting $315.2140. The company had a trading volume of 138,690 shares, compared to its average volume of 545,094. The stock has a market capitalization of $18.11 billion, a price-to-earnings ratio of 27.74, a PEG ratio of 3.64 and a beta of 1.03. The firm has a 50 day moving average of $301.56 and a two-hundred day moving average of $285.99. F5, Inc. has a 52 week low of $195.06 and a 52 week high of $334.00.

F5 (NASDAQ:FFIV - Get Free Report) last announced 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. F5 had a net margin of 22.06% and a return on equity of 21.77%. The firm had revenue of $780.37 million during the quarter, compared to analysts' expectations of $750.64 million. During the same period in the prior year, the company posted $3.36 EPS. The company's revenue 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. As a group, equities analysts forecast that F5, Inc. will post 11.2 EPS for the current year.

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.