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Gallacher Capital Management LLC Purchases New Shares in F5, Inc. $FFIV

F5 logo with Computer and Technology background

Key Points

  • Gallacher Capital Management LLC purchased 888 shares of F5, Inc., valued at approximately $261,000, indicating increasing institutional interest in the network technology company.
  • F5, Inc. reported better-than-expected quarterly earnings with $4.16 EPS, exceeding analysts' expectations, and showcased a 12.2% revenue increase year-over-year.
  • The stock has received varied ratings from analysts, with current consensus suggesting a "Hold" rating and an average price target of $309.89.
  • Interested in F5? Here are five stocks we like better.

Gallacher Capital Management LLC acquired a new stake in F5, Inc. (NASDAQ:FFIV - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 888 shares of the network technology company's stock, valued at approximately $261,000.

Other institutional investors also recently modified their holdings of the company. Hotchkis & Wiley Capital Management LLC lifted its position in shares of F5 by 6.2% during the 1st 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 acquiring an additional 312,415 shares during the period. Northern Trust Corp lifted its position in shares of F5 by 15.5% during the 1st quarter. Northern Trust Corp now owns 1,054,701 shares of the network technology company's stock valued at $280,835,000 after acquiring an additional 141,680 shares during the period. Acadian Asset Management LLC lifted its position in shares of F5 by 24.0% during the 1st quarter. Acadian Asset Management LLC now owns 828,966 shares of the network technology company's stock valued at $220,693,000 after acquiring an additional 160,708 shares during the period. AQR Capital Management LLC lifted its position in shares of F5 by 37.5% during the 1st quarter. AQR Capital Management LLC now owns 828,900 shares of the network technology company's stock valued at $216,757,000 after acquiring an additional 226,231 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of F5 by 34,698.9% during the 1st quarter. GAMMA Investing LLC now owns 746,089 shares of the network technology company's stock valued at $198,661,000 after acquiring an additional 743,945 shares during the period. 90.66% of the stock is owned by institutional investors.

F5 Trading Down 0.9%

Shares of FFIV stock traded down $3.11 during trading hours on Friday, reaching $328.69. The stock had a trading volume of 1,276,679 shares, compared to its average volume of 380,036. The stock's fifty day simple moving average is $313.70 and its 200 day simple moving average is $289.26. F5, Inc. has a 12 month low of $213.24 and a 12 month high of $337.39. The firm has a market capitalization of $18.88 billion, a PE ratio of 28.96, a PEG ratio of 3.83 and a beta of 1.08.

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

Insider Activity at F5

In other F5 news, CEO Francois Locoh-Donou sold 1,300 shares of F5 stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $308.14, for a total transaction of $400,582.00. Following the transaction, the chief executive officer directly owned 110,153 shares of the company's stock, valued at approximately $33,942,545.42. This trade represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Thomas Dean Fountain sold 1,347 shares of F5 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 directly owned 20,699 shares in the company, valued at $6,411,101.27. This trade represents 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 valued at $3,762,365. Company insiders own 0.52% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on FFIV shares. Wolfe Research started coverage on shares of F5 in a report on Monday, July 7th. They set an "outperform" rating on the stock. Needham & Company LLC upped their price objective on shares of F5 from $320.00 to $345.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Morgan Stanley upped their price objective on shares of F5 from $305.00 to $312.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Barclays upped their price objective on shares of F5 from $274.00 to $321.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Finally, Piper Sandler upped their price objective on shares of F5 from $304.00 to $355.00 and gave the stock a "neutral" rating in a report 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 company. Based on data from MarketBeat, F5 presently has an average rating of "Hold" and a consensus target price of $309.89.

Check Out Our Latest Analysis on FFIV

About F5

(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.

See Also

Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

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