KLP Kapitalforvaltning AS Has $35.42 Million Holdings in F5, Inc. $FFIV

Key Points

• KLP Kapitalforvaltning AS increased its holdings in F5, Inc. by 6.9% in the second quarter, now owning 120,334 shares valued at approximately $35.42 million.
• Equities analysts have raised their target price for F5, with Needham & Company setting it at $345.00 and four analysts rating the stock as a "Buy."
• CEO Francois Locoh-Donou sold 1,300 shares for about $416,793, reducing his position in the company, which reflects ongoing insider trading activity at F5.

KLP Kapitalforvaltning AS lifted its position in F5, Inc. (NASDAQ:FFIV - Free Report) by 6.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,334 shares of the network technology company's stock after buying an additional 7,800 shares during the quarter. KLP Kapitalforvaltning AS owned about 0.21% of F5 worth $35,417,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Meiji Yasuda Asset Management Co Ltd. grew its stake 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 buying an additional 44 shares in the last quarter. Signaturefd LLC grew its stake in shares of F5 by 2.6% in the second quarter. Signaturefd LLC now owns 1,834 shares of the network technology company's stock valued at $540,000 after buying an additional 46 shares in the last quarter. Spire Wealth Management grew its stake in shares of F5 by 11.9% in the first quarter. Spire Wealth Management now owns 451 shares of the network technology company's stock valued at $120,000 after buying an additional 48 shares in the last quarter. Horizon Investments LLC grew its stake in shares of F5 by 6.3% in the first quarter. Horizon Investments LLC now owns 845 shares of the network technology company's stock valued at $225,000 after buying an additional 50 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in shares of F5 by 0.4% in the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 11,210 shares of the network technology company's stock valued at $2,985,000 after buying an additional 50 shares in the last quarter. 90.66% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. 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. Wolfe Research started coverage on shares of F5 in a research note on Monday, July 7th. They issued an "outperform" rating for the company. Wall Street Zen cut shares of F5 from a "strong-buy" rating to a "buy" rating in a research report on Friday, October 3rd. Morgan Stanley lifted their price objective on shares of F5 from $305.00 to $312.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of F5 in a research report on Saturday, September 27th. Four equities research 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.com, the company currently has an average rating of "Hold" and a consensus target price of $309.89.

Insider Buying and Selling at F5

In other news, CEO Francois Locoh-Donou sold 1,300 shares of the business's stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $320.61, for a total value of $416,793.00. Following the completion of the sale, the chief executive officer owned 107,553 shares of the company's stock, valued at approximately $34,482,567.33. The trade was a 1.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Chad Michael Whalen sold 5,297 shares of the business's stock in a transaction dated 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 directly owned 23,591 shares of the company's stock, valued at approximately $7,601,963.84. This trade represents a 18.34% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 11,945 shares of company stock worth $3,796,542. Insiders own 0.52% of the company's stock.

F5 Price Performance

FFIV stock opened at $330.76 on Wednesday. The company has a fifty day moving average price of $320.34 and a two-hundred day moving average price of $294.20. The stock has a market cap of $19.00 billion, a price-to-earnings ratio of 29.14, a price-to-earnings-growth ratio of 3.61 and a beta of 1.06. F5, Inc. has a one year low of $213.24 and a one year high of $337.39.

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 (EPS) for the quarter, beating analysts' consensus estimates of $3.49 by $0.67. The company had revenue of $780.37 million during 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%. F5's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business 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. Research analysts anticipate that F5, Inc. will post 11.2 EPS for the current fiscal year.

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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