Federation des caisses Desjardins du Quebec Has $5.28 Million Stock Holdings in F5, Inc. $FFIV

Key Points

• The Federation des caisses Desjardins du Quebec has reduced its holdings in F5, Inc. by 12.0%, now owning 19,819 shares valued at approximately $5.28 million.
• Insider transactions included CEO Francois Locoh-Donou selling 1,300 shares for around $400,582, representing a 1.17% decrease in his position.
• F5 reported a 12.2% increase in revenue year-over-year, with quarterly earnings surpassing estimates at $4.16 per share.

Federation des caisses Desjardins du Quebec cut its stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 12.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,819 shares of the network technology company's stock after selling 2,698 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in F5 were worth $5,277,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Hotchkis & Wiley Capital Management LLC increased its stake in shares of F5 by 6.2% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 5,387,700 shares of the network technology company's stock valued at $1,434,583,000 after buying an additional 312,415 shares in the last quarter. Northern Trust Corp increased its stake in shares of F5 by 15.5% in the first quarter. Northern Trust Corp now owns 1,054,701 shares of the network technology company's stock valued at $280,835,000 after buying an additional 141,680 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of F5 by 34,698.9% in the first quarter. GAMMA Investing LLC now owns 746,089 shares of the network technology company's stock valued at $198,661,000 after buying an additional 743,945 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of F5 by 0.9% in the first quarter. Dimensional Fund Advisors LP now owns 656,373 shares of the network technology company's stock valued at $174,755,000 after buying an additional 5,826 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of F5 by 21.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 650,992 shares of the network technology company's stock valued at $163,705,000 after buying an additional 116,785 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on FFIV. Wolfe Research began coverage on F5 in a research note on Monday, July 7th. They issued an "outperform" rating for the company. Piper Sandler raised their target price on F5 from $304.00 to $355.00 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Wall Street Zen lowered F5 from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Barclays boosted their price objective on F5 from $274.00 to $321.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Finally, Royal Bank Of Canada raised their target price on shares of F5 from $314.00 to $326.00 and gave the company a "sector perform" rating in a research note on Thursday, July 31st. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $309.89.

Insider Buying and Selling

In other news, EVP Chad Michael Whalen sold 5,297 shares of the business's stock in a transaction dated 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 completion of the transaction, the executive vice president directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Francois Locoh-Donou sold 1,300 shares of the business's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $308.14, for a total value of $400,582.00. Following the transaction, the chief executive officer owned 110,153 shares of the company's stock, valued at $33,942,545.42. The trade was a 1.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,945 shares of company stock valued at $3,762,365 over the last 90 days. 0.52% of the stock is owned by corporate insiders.

F5 Price Performance

Shares of F5 stock traded up $0.59 during trading on Wednesday, hitting $326.00. 63,591 shares of the company were exchanged, compared to its average volume of 532,344. The firm has a market capitalization of $18.73 billion, a P/E ratio of 28.72, a price-to-earnings-growth ratio of 3.70 and a beta of 1.08. F5, Inc. has a 1-year low of $197.34 and a 1-year high of $334.00. The firm's fifty day moving average price is $309.24 and its 200 day moving average price is $287.20.

F5 (NASDAQ:FFIV - Get Free Report) last posted its earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.49 by $0.67. The company had revenue of $780.37 million during the quarter, compared to analyst estimates of $750.64 million. F5 had a return on equity of 21.77% and a net margin of 22.06%.The company'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 earned $3.36 EPS. 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 research analysts anticipate 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.