Morningstar Investment Management LLC Buys Shares of 814 F5, Inc. $FFIV

Key Points

• Morningstar Investment Management LLC recently acquired 814 shares of F5, Inc., valued at approximately $240,000, indicating growing interest from institutional investors in the company.
• F5, Inc. reported quarterly earnings of $4.16 per share, significantly exceeding analysts' estimates of $3.49, alongside revenue of $780.37 million, outperforming expectations.
• The company has seen a positive shift in analyst ratings, with several firms raising price targets and reaffirming buy or outperform ratings, reflecting increased confidence in F5's performance.

Morningstar Investment Management LLC bought a new stake in F5, Inc. (NASDAQ:FFIV - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 814 shares of the network technology company's stock, valued at approximately $240,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of F5 by 134.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock worth $27,000 after purchasing an additional 59 shares during the period. Golden State Wealth Management LLC raised its position in shares of F5 by 275.0% during the first quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company's stock worth $28,000 after purchasing an additional 77 shares during the period. Groupe la Francaise acquired a new stake in shares of F5 during the first quarter worth about $34,000. Flaharty Asset Management LLC acquired a new stake in shares of F5 during the first quarter worth about $35,000. Finally, Geneos Wealth Management Inc. raised its position in shares of F5 by 288.1% during the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company's stock worth $43,000 after purchasing an additional 121 shares during the period. Institutional investors and hedge funds own 90.66% of the company's stock.

F5 Stock Performance

Shares of F5 stock opened at $343.17 on Wednesday. The business's 50 day simple moving average is $323.16 and its 200 day simple moving average is $296.60. F5, Inc. has a 52-week low of $213.24 and a 52-week high of $346.00. The firm has a market cap of $19.72 billion, a PE ratio of 30.24, a P/E/G ratio of 3.74 and a beta of 1.06.

F5 (NASDAQ:FFIV - Get Free Report) last posted its quarterly 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. The firm had revenue of $780.37 million during the quarter, compared to the consensus estimate 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 last 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. As a group, equities research analysts predict that F5, Inc. will post 11.2 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on FFIV. Weiss Ratings reaffirmed a "buy (b)" rating on shares of F5 in a research report on Wednesday, October 8th. Royal Bank Of Canada raised their price target on F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. raised their price target on F5 from $285.00 to $305.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Wolfe Research assumed coverage on F5 in a research report on Monday, July 7th. They set an "outperform" rating on the stock. Finally, Barclays lifted their target price on F5 from $274.00 to $321.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $314.33.

Insider Buying and Selling

In other F5 news, insider Lyra Amber Schramm sold 2,701 shares of the firm's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $316.57, for a total value of $855,055.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Thomas Dean Fountain sold 1,347 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $309.73, for a total value of $417,206.31. Following the completion of the transaction, the executive vice president owned 20,699 shares of the company's stock, valued at approximately $6,411,101.27. This represents a 6.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,945 shares of company stock valued at $3,796,542 in the last ninety days. 0.52% of the stock is owned by company insiders.

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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