Mirae Asset Global Investments Co. Ltd. Purchases 1,376 Shares of F5, Inc. $FFIV

Key Points

• Mirae Asset Global Investments increased its stake in F5, Inc. by 10.9% during Q2, now holding 13,974 shares valued at approximately $4.1 million.
• Insider sales include CEO Francois Locoh-Donou selling 1,300 shares for over $416,000, reducing his ownership by 1.19%.
• F5 reported a strong earnings performance with EPS of $4.16 in Q2, outperforming analysts' estimates and showing a year-over-year revenue increase of 12.2%.

Mirae Asset Global Investments Co. Ltd. increased its position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 10.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,974 shares of the network technology company's stock after acquiring an additional 1,376 shares during the period. Mirae Asset Global Investments Co. Ltd.'s holdings in F5 were worth $4,113,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. J. Safra Sarasin Holding AG increased its holdings in shares of F5 by 66.0% in the second quarter. J. Safra Sarasin Holding AG now owns 14,619 shares of the network technology company's stock worth $4,303,000 after purchasing an additional 5,813 shares during the period. ASR Vermogensbeheer N.V. grew its position in F5 by 19.9% during the second quarter. ASR Vermogensbeheer N.V. now owns 2,351 shares of the network technology company's stock worth $692,000 after buying an additional 390 shares in the last quarter. CHURCHILL MANAGEMENT Corp purchased a new position in F5 during the second quarter worth about $7,762,000. Robeco Institutional Asset Management B.V. grew its holdings in shares of F5 by 40.8% during the second quarter. Robeco Institutional Asset Management B.V. now owns 789,283 shares of the network technology company's stock worth $232,302,000 after purchasing an additional 228,790 shares in the last quarter. Finally, One Wealth Advisors LLC raised its stake in F5 by 36.7% in the second quarter. One Wealth Advisors LLC now owns 1,299 shares of the network technology company's stock valued at $382,000 after purchasing an additional 349 shares in the last quarter. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other F5 news, CEO Francois Locoh-Donou sold 1,300 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $320.61, for a total transaction 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 $34,482,567.33. This represents a 1.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Lyra Amber Schramm sold 2,701 shares of the business's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $316.57, for a total transaction of $855,055.57. The disclosure for this sale can be found here. Insiders have sold a total of 11,945 shares of company stock worth $3,796,542 over the last ninety days. Company insiders own 0.52% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on FFIV. Royal Bank Of Canada increased their price target 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. Wall Street Zen lowered shares of F5 from a "strong-buy" rating to a "buy" rating in a research report on Friday. JPMorgan Chase & Co. increased their target price on F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Piper Sandler lifted 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, Barclays upped their price objective on F5 from $274.00 to $321.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $309.89.

F5 Trading Up 1.2%

Shares of NASDAQ:FFIV opened at $329.00 on Tuesday. The stock has a market capitalization of $18.90 billion, a P/E ratio of 28.99, a price-to-earnings-growth ratio of 3.57 and a beta of 1.06. The stock's 50-day moving average price is $319.71 and its 200-day moving average price is $293.95. F5, Inc. has a 12-month low of $213.24 and a 12-month high of $337.39.

F5 (NASDAQ:FFIV - Get Free Report) last released its earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, beating analysts' consensus estimates 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 analyst estimates of $750.64 million. During the same quarter in the previous year, the company posted $3.36 EPS. F5's revenue for the quarter was up 12.2% on a year-over-year basis. 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, research analysts predict 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.

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