Gotham Asset Management LLC Purchases 4,114 Shares of F5, Inc. $FFIV

Key Points

• Gotham Asset Management LLC increased its holdings in F5, Inc. by 4.8%, acquiring an additional 4,114 shares, bringing its total to 90,433 shares valued at approximately $24.08 million.
• F5 reported earnings of $4.16 EPS for the quarter, surpassing expectations by $0.67, with revenue of $780.37 million which is a 12.2% year-over-year increase.
• Several analysts have raised their price targets for F5, with Barclays increasing it to $321.00 and Piper Sandler to $355.00, while the consensus rating remains at "Hold" with an average target price of $309.89.

Gotham Asset Management LLC boosted its stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 4.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,433 shares of the network technology company's stock after purchasing an additional 4,114 shares during the period. Gotham Asset Management LLC owned approximately 0.16% of F5 worth $24,080,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of FFIV. AXA S.A. raised its stake in shares of F5 by 17.0% in the 4th quarter. AXA S.A. now owns 15,115 shares of the network technology company's stock valued at $3,801,000 after acquiring an additional 2,192 shares during the period. BNP Paribas Financial Markets raised its stake in shares of F5 by 32.9% in the 4th quarter. BNP Paribas Financial Markets now owns 146,918 shares of the network technology company's stock valued at $36,945,000 after acquiring an additional 36,379 shares during the period. Benjamin Edwards Inc. raised its stake in shares of F5 by 194.7% in the 4th quarter. Benjamin Edwards Inc. now owns 3,548 shares of the network technology company's stock valued at $892,000 after acquiring an additional 2,344 shares during the period. Captrust Financial Advisors raised its stake in shares of F5 by 8.8% in the 4th quarter. Captrust Financial Advisors now owns 2,826 shares of the network technology company's stock valued at $711,000 after acquiring an additional 228 shares during the period. Finally, CoreCap Advisors LLC raised its stake in shares of F5 by 314.8% in the 4th quarter. CoreCap Advisors LLC now owns 365 shares of the network technology company's stock valued at $92,000 after acquiring an additional 277 shares during the period. Hedge funds and other institutional investors own 90.66% of the company's stock.

F5 Trading Up 1.5%

FFIV stock traded up $4.78 during trading on Tuesday, hitting $325.41. 428,504 shares of the stock traded hands, compared to its average volume of 535,113. F5, Inc. has a one year low of $197.34 and a one year high of $334.00. The stock has a market cap of $18.69 billion, a price-to-earnings ratio of 28.67, a P/E/G ratio of 3.65 and a beta of 1.08. The company has a 50 day simple moving average of $308.65 and a 200 day simple moving average of $286.93.

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

Insider Activity

In other news, insider Lyra Amber Schramm sold 2,701 shares of the business's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $316.57, for a total value of $855,055.57. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Elizabeth Buse sold 1,500 shares of the company's stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $293.53, for a total transaction of $440,295.00. Following the sale, the director directly owned 5,013 shares in the company, valued at $1,471,465.89. This trade represents a 23.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,445 shares of company stock valued at $4,202,660. 0.52% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on FFIV shares. Needham & Company LLC raised their target price on shares of F5 from $320.00 to $345.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Piper Sandler raised their price target on shares of F5 from $304.00 to $355.00 and gave the company a "neutral" rating in a report on Thursday, July 31st. Morgan Stanley raised their price target on shares of F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a report on Thursday, July 31st. Royal Bank Of Canada raised their price objective on shares of F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a report on Thursday, July 31st. Finally, JPMorgan Chase & Co. raised their price objective on shares of F5 from $285.00 to $305.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $309.89.

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.