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Northwest & Ethical Investments L.P. Buys 7,430 Shares of F5, Inc. $FFIV

F5 logo with Computer and Technology background

Key Points

  • Northwest & Ethical Investments L.P. increased its stake in F5, Inc. by 147.8%, holding 12,458 shares worth approximately $3.32 million.
  • Several analysts have raised their target prices for F5, with Barclays increasing it from $274 to $321 and Royal Bank of Canada from $314 to $326, reflecting positive sentiment in the market.
  • F5 reported earnings per share of $4.16, exceeding estimates, and a revenue of $780.37 million, marking a 12.2% increase year-over-year.
  • Looking to export and analyze F5 data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Northwest & Ethical Investments L.P. grew its stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 147.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,458 shares of the network technology company's stock after acquiring an additional 7,430 shares during the period. Northwest & Ethical Investments L.P.'s holdings in F5 were worth $3,317,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Coldstream Capital Management Inc. raised its position in F5 by 3.7% during the fourth quarter. Coldstream Capital Management Inc. now owns 954 shares of the network technology company's stock valued at $240,000 after purchasing an additional 34 shares in the last quarter. Colonial Trust Co SC raised its position in F5 by 5.2% during the fourth quarter. Colonial Trust Co SC now owns 685 shares of the network technology company's stock valued at $172,000 after purchasing an additional 34 shares in the last quarter. Spire Wealth Management raised its position in F5 by 11.9% during the first quarter. Spire Wealth Management now owns 451 shares of the network technology company's stock valued at $120,000 after purchasing an additional 48 shares in the last quarter. Horizon Investments LLC raised its position in F5 by 6.3% during the first quarter. Horizon Investments LLC now owns 845 shares of the network technology company's stock valued at $225,000 after purchasing an additional 50 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its position in 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 valued at $27,000 after purchasing an additional 59 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other F5 news, Director Elizabeth Buse sold 1,500 shares of the company'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 of the company's stock, valued at approximately $1,471,465.89. This represents a 23.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Michael L. Dreyer sold 1,800 shares of the company's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $285.96, for a total transaction of $514,728.00. Following the completion of the sale, the director directly owned 4,376 shares of the company's stock, valued at $1,251,360.96. The trade was a 29.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,544 shares of company stock worth $3,862,333 in the last ninety days. 0.52% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on FFIV. JPMorgan Chase & Co. boosted their price objective on shares of F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Morgan Stanley boosted their target price on shares of F5 from $305.00 to $312.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Piper Sandler boosted their target price on shares of F5 from $304.00 to $355.00 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. Wall Street Zen cut shares of F5 from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Finally, Royal Bank Of Canada boosted their target price on shares of F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 31st. Three 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 data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $309.89.

Check Out Our Latest Stock Report on FFIV

F5 Stock Performance

Shares of NASDAQ FFIV traded up $3.00 during trading on Friday, hitting $317.23. 307,103 shares of the company traded hands, compared to its average volume of 541,725. F5, Inc. has a fifty-two week low of $197.09 and a fifty-two week high of $334.00. The firm has a market capitalization of $18.22 billion, a price-to-earnings ratio of 27.95, a P/E/G ratio of 3.64 and a beta of 1.03. The business's fifty day moving average is $302.90 and its 200 day moving average is $286.53.

F5 (NASDAQ:FFIV - Get Free Report) last posted its earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, topping analysts' consensus estimates of $3.49 by $0.67. F5 had a net margin of 22.06% and a return on equity of 21.77%. The company had revenue of $780.37 million for the quarter, compared to analyst estimates of $750.64 million. During the same quarter in the prior year, the business posted $3.36 EPS. The firm's 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. On average, analysts predict that F5, Inc. will post 11.2 EPS for the current year.

F5 Profile

(Free Report)

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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Institutional Ownership by Quarter for F5 (NASDAQ:FFIV)

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