Gallacher Capital Management LLC Purchases Shares of 888 F5, Inc. $FFIV

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.

Gallacher Capital Management LLC acquired a new position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) during the 2nd 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.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FFIV. Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of F5 by 2.5% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,805 shares of the network technology company's stock valued at $481,000 after acquiring an additional 44 shares in the last quarter. Spire Wealth Management increased its position in F5 by 11.9% during the 1st quarter. Spire Wealth Management now owns 451 shares of the network technology company's stock valued at $120,000 after purchasing an additional 48 shares during the period. Horizon Investments LLC raised its holdings in shares of F5 by 6.3% in the 1st quarter. Horizon Investments LLC now owns 845 shares of the network technology company's stock valued at $225,000 after purchasing an additional 50 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in shares of F5 by 0.4% in the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 11,210 shares of the network technology company's stock valued at $2,985,000 after purchasing an additional 50 shares in the last quarter. Finally, Oliver Luxxe Assets LLC lifted its position in shares of F5 by 4.6% in the 1st quarter. Oliver Luxxe Assets LLC now owns 1,298 shares of the network technology company's stock worth $346,000 after purchasing an additional 57 shares during the period. 90.66% of the stock is currently owned by institutional investors.

F5 Stock Performance

Shares of FFIV stock opened at $324.10 on Tuesday. F5, Inc. has a fifty-two week low of $210.72 and a fifty-two week high of $337.39. The firm has a market capitalization of $18.62 billion, a price-to-earnings ratio of 28.56, a PEG ratio of 3.71 and a beta of 1.08. The stock's 50-day simple moving average is $311.47 and its 200-day simple moving average is $288.11.

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

Insider Activity at F5

In other F5 news, EVP Thomas Dean Fountain sold 1,347 shares of F5 stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $309.73, for a total transaction of $417,206.31. Following the completion of the sale, the executive vice president owned 20,699 shares of the company's stock, valued at approximately $6,411,101.27. The trade was a 6.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Lyra Amber Schramm sold 2,701 shares of the stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $316.57, for a total value of $855,055.57. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,945 shares of company stock valued at $3,762,365. 0.52% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on FFIV. Royal Bank Of Canada upped their target price on F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a report on Thursday, July 31st. Piper Sandler upped their price objective on F5 from $304.00 to $355.00 and gave the stock 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 note on Thursday, May 22nd. JPMorgan Chase & Co. boosted 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, Barclays raised their price target on shares of F5 from $274.00 to $321.00 and gave the company an "equal weight" 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 company. According to data from MarketBeat, F5 currently has an average rating of "Hold" and a consensus price target of $309.89.

F5 Company 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.

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