F5, Inc. $FFIV Stock Position Decreased by Hsbc Holdings PLC

Key Points

• Hsbc Holdings PLC has reduced its stake in F5, Inc. by 0.4%, now owning approximately 400,909 shares valued at $106.6 million.
• F5 reported strong quarterly results, with earnings per share (EPS) of $4.16 surpassing estimates, and a year-over-year revenue growth of 12.2%.
• Insider trading activity includes significant sales by Director Michael L. Dreyer and EVP Chad Michael Whalen, reflecting a decrease in their ownership percentages.

Hsbc Holdings PLC lessened its position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 0.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 400,909 shares of the network technology company's stock after selling 1,632 shares during the quarter. Hsbc Holdings PLC owned approximately 0.70% of F5 worth $106,619,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of F5 by 134.1% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock worth $27,000 after buying an additional 59 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of F5 by 275.0% in the 1st quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company's stock valued at $28,000 after purchasing an additional 77 shares in the last quarter. Park Square Financial Group LLC acquired a new position in shares of F5 in the 4th quarter valued at approximately $31,000. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of F5 in the 4th quarter worth about $60,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of F5 by 31.4% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 293 shares of the network technology company's stock worth $78,000 after purchasing an additional 70 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on FFIV shares. Morgan Stanley upped their price target on F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. William Blair reissued an "outperform" rating on shares of F5 in a research report on Tuesday, April 29th. Wall Street Zen lowered F5 from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. upped their price target on F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Finally, Barclays increased their target price on F5 from $274.00 to $321.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $309.89.

F5 Stock Performance

Shares of NASDAQ:FFIV traded up $3.00 on Friday, hitting $317.23. The company's stock had a trading volume of 312,590 shares, compared to its average volume of 564,589. F5, Inc. has a 12 month low of $197.09 and a 12 month high of $334.00. The company has a market capitalization of $18.22 billion, a price-to-earnings ratio of 27.95, a price-to-earnings-growth ratio of 3.66 and a beta of 1.03. The stock's 50-day moving average is $303.52 and its two-hundred day moving average is $286.54.

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 (EPS) for the quarter, topping the consensus estimate of $3.49 by $0.67. F5 had a return on equity of 21.77% and a net margin of 22.06%.The company had revenue of $780.37 million during the quarter, compared to analysts' expectations of $750.64 million. During the same quarter in the prior year, the business posted $3.36 earnings per share. The company's revenue for the quarter was up 12.2% compared to the same quarter last year. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. Equities analysts expect that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

Insider Buying and Selling at F5

In related news, Director Elizabeth Buse sold 1,500 shares of the firm's stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $293.53, for a total transaction of $440,295.00. Following the completion of the transaction, the director owned 5,013 shares of the company's stock, valued at $1,471,465.89. This trade represents a 23.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Chad Michael Whalen sold 5,297 shares of the 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 transaction, the executive vice president owned 23,591 shares of the company's stock, valued at $7,601,963.84. This trade represents a 18.34% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,544 shares of company stock valued at $3,862,333. Corporate insiders own 0.52% of the company's stock.

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.