3,561 Shares in F5, Inc. $FFIV Acquired by Magnetar Financial LLC

Key Points

• Magnetar Financial LLC acquired 3,561 shares of F5, Inc., valued at approximately $948,000, during the first quarter of the year.
• Analysts have recently lifted their price targets for F5, with Piper Sandler raising it from $304.00 to $355.00 while maintaining a "neutral" rating.
• Insiders have sold a total of 10,744 shares worth around $3.35 million in the last three months, indicating potential shifts in investor confidence.

Magnetar Financial LLC purchased a new stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,561 shares of the network technology company's stock, valued at approximately $948,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. WPG Advisers LLC acquired a new position in shares of F5 during the first quarter worth about $75,000. Lansforsakringar Fondforvaltning AB publ lifted its stake in shares of F5 by 271.9% during the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 69,459 shares of the network technology company's stock worth $18,495,000 after purchasing an additional 50,783 shares in the last quarter. OMERS ADMINISTRATION Corp lifted its stake in shares of F5 by 9.3% in the first quarter. OMERS ADMINISTRATION Corp now owns 8,831 shares of the network technology company's stock worth $2,351,000 after acquiring an additional 752 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of F5 by 4.2% in the first quarter. BNP Paribas Financial Markets now owns 153,155 shares of the network technology company's stock worth $40,781,000 after acquiring an additional 6,237 shares in the last quarter. Finally, Truvestments Capital LLC acquired a new position in shares of F5 in the first quarter worth about $270,000. Institutional investors and hedge funds own 90.66% of the company's stock.

Insiders Place Their Bets

In related news, CEO Francois Locoh-Donou sold 1,300 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $308.14, for a total value of $400,582.00. Following the completion of the transaction, the chief executive officer directly owned 110,153 shares of the company's stock, valued at $33,942,545.42. This represents a 1.17% decrease in their position. 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 that occurred on Monday, August 11th. The stock was 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 $7,601,963.84. This trade represents a 18.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,744 shares of company stock valued at $3,347,605. 0.52% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on FFIV. Royal Bank Of Canada boosted their price target on F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. boosted their price target on F5 from $285.00 to $305.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Needham & Company LLC boosted their price target on F5 from $320.00 to $345.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Piper Sandler boosted their price target on F5 from $304.00 to $355.00 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. Finally, Wolfe Research initiated coverage on F5 in a research note on Monday, July 7th. They issued an "outperform" rating on the stock. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $309.89.

F5 Stock Up 0.7%

Shares of NASDAQ:FFIV traded up $2.30 during trading on Wednesday, hitting $309.03. 450,501 shares of the company traded hands, compared to its average volume of 539,208. The stock has a market capitalization of $17.75 billion, a price-to-earnings ratio of 27.23, a PEG ratio of 3.61 and a beta of 1.08. The business's fifty day moving average is $306.92 and its 200-day moving average is $286.80. F5, Inc. has a one year low of $197.34 and a one year high of $334.00.

F5 (NASDAQ:FFIV - Get Free Report) last posted its earnings results 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 company had revenue of $780.37 million during the quarter, compared to analyst estimates of $750.64 million. F5 had a return on equity of 21.77% and a net margin of 22.06%.The business's revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $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. On average, analysts forecast that F5, Inc. will post 11.2 EPS for the current year.

F5 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.