One Wealth Advisors LLC Makes New $253,000 Investment in F5, Inc. (NASDAQ:FFIV)

Key Points

• One Wealth Advisors LLC has invested approximately $253,000 in F5, Inc. by acquiring 950 shares, as reported in their recent SEC filing.
• F5's stock performance fluctuated, closing at $299.37, with a 52-week range between $174.11 and $313.00.
• Analysts have mixed views on F5, with a consensus rating of "Hold" and an average price target of $291.44.

One Wealth Advisors 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 950 shares of the network technology company's stock, valued at approximately $253,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Golden State Wealth Management LLC raised its stake in F5 by 275.0% during 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 in the last quarter. Park Square Financial Group LLC acquired a new stake in shares of F5 during the 4th quarter worth approximately $31,000. Hurley Capital LLC acquired a new stake in shares of F5 during the 4th quarter worth approximately $43,000. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in shares of F5 during the 4th quarter worth approximately $60,000. Finally, MassMutual Private Wealth & Trust FSB raised its position 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. Hedge funds and other institutional investors own 90.66% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Piper Sandler reiterated a "neutral" rating and set a $304.00 price target (up from $269.00) on shares of F5 in a research report on Monday, July 14th. Barclays lowered their target price on F5 from $296.00 to $274.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 29th. Wall Street Zen cut F5 from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. William Blair restated an "outperform" rating on shares of F5 in a research report on Tuesday, April 29th. Finally, Needham & Company LLC restated a "buy" rating and issued a $320.00 target price on shares of F5 in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, F5 currently has an average rating of "Hold" and a consensus target price of $291.44.

F5 Stock Performance

Shares of NASDAQ:FFIV traded down $2.56 during midday trading on Friday, hitting $299.37. 262,548 shares of the stock were exchanged, compared to its average volume of 430,646. F5, Inc. has a 52-week low of $174.11 and a 52-week high of $313.00. The business's fifty day simple moving average is $292.62 and its two-hundred day simple moving average is $280.78. The company has a market capitalization of $17.19 billion, a PE ratio of 28.40, a P/E/G ratio of 3.81 and a beta of 1.00.

F5 (NASDAQ:FFIV - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The network technology company reported $3.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.11 by $0.31. F5 had a return on equity of 21.18% and a net margin of 21.14%. The business had revenue of $590.16 million during the quarter, compared to analyst estimates of $719.91 million. During the same period last year, the company earned $2.91 earnings per share. F5's quarterly revenue was up 7.3% compared to the same quarter last year. As a group, equities analysts anticipate that F5, Inc. will post 11.2 EPS for the current year.

Insider Buying and Selling

In related news, Director Alan Higginson sold 1,272 shares of F5 stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $286.69, for a total transaction of $364,669.68. Following the sale, the director directly owned 9,919 shares of the company's stock, valued at $2,843,678.11. This trade represents a 11.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael L. Dreyer sold 1,800 shares of F5 stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $285.96, for a total value of $514,728.00. Following the sale, the director directly owned 4,376 shares in the company, valued at approximately $1,251,360.96. This trade represents a 29.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,519 shares of company stock valued at $2,408,594 in the last quarter. Insiders own 0.52% of the company's stock.

About F5

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.