F5, Inc. $FFIV Shares Sold by Rafferty Asset Management LLC

Key Points

• Rafferty Asset Management LLC decreased its stake in F5, Inc. by 10.0%, selling 1,974 shares and now holding 17,799 shares worth approximately $4.74 million.
• Institutional investors own around 90.66% of F5's stock, with Marshall Wace LLP and Price T Rowe Associates being notable new stakeholders in Q4.
• F5 reported a strong Q2 with earnings of $4.16 per share, exceeding analyst expectations, while also providing a positive FY 2025 earnings guidance.

Rafferty Asset Management LLC trimmed its position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 10.0% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,799 shares of the network technology company's stock after selling 1,974 shares during the period. Rafferty Asset Management LLC's holdings in F5 were worth $4,739,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC lifted its stake 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 worth $27,000 after purchasing an additional 59 shares in the last quarter. Golden State Wealth Management LLC grew its position in F5 by 275.0% in the 1st quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company's stock valued at $28,000 after acquiring an additional 77 shares in the last quarter. Park Square Financial Group LLC purchased a new stake in F5 during the fourth quarter worth about $31,000. Groupe la Francaise acquired a new stake in shares of F5 during the first quarter worth about $34,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in shares of F5 by 31.4% during the first 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 in the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

F5 Trading Down 1.7%

NASDAQ:FFIV traded down $5.26 during midday trading on Friday, hitting $313.14. 593,461 shares of the company were exchanged, compared to its average volume of 462,904. The company has a fifty day simple moving average of $306.35 and a 200 day simple moving average of $286.64. F5, Inc. has a fifty-two week low of $197.34 and a fifty-two week high of $334.00. The company has a market capitalization of $17.99 billion, a PE ratio of 27.59, a price-to-earnings-growth ratio of 3.61 and a beta of 1.08.

F5 (NASDAQ:FFIV - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 EPS for the quarter, topping the consensus estimate of $3.49 by $0.67. F5 had a net margin of 22.06% and a return on equity of 21.77%. The firm had revenue of $780.37 million for the quarter, compared to analyst estimates of $750.64 million. During the same period last year, the business earned $3.36 EPS. F5's revenue for the quarter 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. As a group, equities research analysts expect that F5, Inc. will post 11.2 EPS for the current year.

Analyst Upgrades and Downgrades

FFIV has been the topic of a number of recent research reports. Piper Sandler upped their price objective on F5 from $304.00 to $355.00 and gave the stock a "neutral" rating in a research report on Thursday, July 31st. Wolfe Research assumed coverage on F5 in a report on Monday, July 7th. They issued an "outperform" rating for the company. Wall Street Zen lowered F5 from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Morgan Stanley lifted their target price on F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a report on Thursday, July 31st. Finally, Royal Bank Of Canada lifted their price objective on shares of F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a research report on Thursday, July 31st. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $309.89.

Insider Buying and Selling at F5

In other F5 news, EVP Chad Michael Whalen sold 5,297 shares of F5 stock in a transaction on Monday, August 11th. The shares were sold at an average price of $322.24, for a total value of $1,706,905.28. Following the transaction, the executive vice president directly owned 23,591 shares in the company, valued at approximately $7,601,963.84. The trade was a 18.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Elizabeth Buse sold 1,500 shares of F5 stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $293.53, for a total transaction of $440,295.00. Following the completion of the transaction, the director owned 5,013 shares in the company, valued at approximately $1,471,465.89. This represents a 23.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,744 shares of company stock valued at $3,347,605. Company 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.