Lansforsakringar Fondforvaltning AB publ Buys 50,783 Shares of F5, Inc. $FFIV

Key Points

• Lansforsakringar Fondforvaltning AB increased its stake in F5, Inc. by 271.9%, acquiring 50,783 additional shares, bringing its total ownership to 69,459 shares valued at approximately $18.5 million.
• Several institutional investors, like GAMMA Investing LLC and Pacer Advisors Inc., significantly raised their stakes in F5, indicating a strong interest in the company's stock among hedge funds.
• F5 reported earnings that surpassed analysts' expectations with an EPS of $4.16 and revenues of $780.37 million for the most recent quarter, reflecting a year-over-year revenue increase of 12.2%.

Lansforsakringar Fondforvaltning AB publ lifted its position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 271.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 69,459 shares of the network technology company's stock after buying an additional 50,783 shares during the quarter. Lansforsakringar Fondforvaltning AB publ owned approximately 0.12% of F5 worth $18,495,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in FFIV. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of F5 by 134.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock valued at $27,000 after acquiring an additional 59 shares in the last quarter. Golden State Wealth Management LLC raised its position in shares of F5 by 275.0% in the first quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company's stock valued at $28,000 after buying an additional 77 shares during the last quarter. Park Square Financial Group LLC acquired a new stake in F5 during the fourth quarter worth approximately $31,000. Groupe la Francaise purchased a new stake in F5 in the 1st quarter worth approximately $34,000. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of F5 by 31.4% during 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 period. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at F5

In other F5 news, EVP Thomas Dean Fountain sold 1,347 shares of the stock in a transaction on Monday, August 4th. The shares were 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 of the company's stock, valued at $6,411,101.27. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Elizabeth Buse sold 1,500 shares of the firm's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $293.53, for a total value of $440,295.00. Following the completion of the sale, the director directly owned 5,013 shares in the company, valued at approximately $1,471,465.89. This represents a 23.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,744 shares of company stock valued at $3,347,605 over the last three months. 0.52% of the stock is owned by insiders.

F5 Stock Down 0.2%

NASDAQ FFIV traded down $0.50 during trading hours on Wednesday, hitting $306.24. The company had a trading volume of 132,513 shares, compared to its average volume of 537,099. F5, Inc. has a fifty-two week low of $197.34 and a fifty-two week high of $334.00. The firm has a market cap of $17.59 billion, a P/E ratio of 26.99, a price-to-earnings-growth ratio of 3.61 and a beta of 1.08. The business has a fifty day simple moving average of $306.92 and a 200-day simple moving average of $286.80.

F5 (NASDAQ:FFIV - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, beating the consensus estimate of $3.49 by $0.67. F5 had a net margin of 22.06% and a return on equity of 21.77%. The firm had revenue of $780.37 million for the quarter, compared to the consensus estimate of $750.64 million. During the same period last year, the firm posted $3.36 EPS. F5's quarterly revenue 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 forecast that F5, Inc. will post 11.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

FFIV has been the subject of several recent research reports. Needham & Company LLC increased their price target on F5 from $320.00 to $345.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Wall Street Zen lowered shares of F5 from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Wolfe Research started coverage on shares of F5 in a research note on Monday, July 7th. They set an "outperform" rating on the stock. Morgan Stanley upped their price objective on shares of F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Finally, JPMorgan Chase & Co. lifted their target price on F5 from $285.00 to $305.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average 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.