Sequoia Financial Advisors LLC Acquires 2,461 Shares of F5, Inc. $FFIV

Key Points

• Sequoia Financial Advisors LLC increased its holdings in F5, Inc. by 15.4%, acquiring an additional 2,461 shares during the second quarter, bringing its total to 18,477 shares worth approximately $5.44 million.
• Several institutional investors significantly raised their stakes in F5, with notable increases of 134.1% and 275.0% reported by Annis Gardner Whiting Capital Advisors LLC and Golden State Wealth Management LLC, respectively.
• Wall Street analysts have raised their price targets for F5 shares, with Morgan Stanley increasing its target from $312 to $352 and a consensus rating of "Hold," indicating a positive outlook on the stock.

Sequoia Financial Advisors LLC raised its holdings in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 15.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,477 shares of the network technology company's stock after acquiring an additional 2,461 shares during the quarter. Sequoia Financial Advisors LLC's holdings in F5 were worth $5,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC raised its holdings in F5 by 134.1% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock valued at $27,000 after acquiring an additional 59 shares during the period. Golden State Wealth Management LLC grew its position in shares of F5 by 275.0% during the 1st quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company's stock valued at $28,000 after purchasing an additional 77 shares in the last quarter. Groupe la Francaise purchased a new position in shares of F5 during the 1st quarter valued at $34,000. Flaharty Asset Management LLC purchased a new position in shares of F5 during the 1st quarter valued at $35,000. Finally, Geneos Wealth Management Inc. grew its position in shares of F5 by 288.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company's stock valued at $43,000 after purchasing an additional 121 shares in the last quarter. Institutional investors own 90.66% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on FFIV. Morgan Stanley boosted their price target on shares of F5 from $312.00 to $352.00 and gave the company an "equal weight" rating in a research report on Friday. Royal Bank Of Canada boosted their price target on shares of F5 from $314.00 to $326.00 and gave the company a "sector perform" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. boosted their price target 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. Weiss Ratings reiterated a "buy (b)" rating on shares of F5 in a research report on Wednesday, October 8th. Finally, Wolfe Research started coverage on shares of F5 in a research report on Monday, July 7th. They issued an "outperform" rating for the company. 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.com, the company currently has a consensus rating of "Hold" and a consensus price target of $314.33.

F5 Stock Up 0.7%

NASDAQ FFIV opened at $343.17 on Wednesday. The company has a 50-day simple moving average of $323.16 and a two-hundred day simple moving average of $296.60. F5, Inc. has a 12-month low of $213.24 and a 12-month high of $346.00. The firm has a market cap of $19.72 billion, a price-to-earnings ratio of 30.24, a PEG 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 (EPS) for the quarter, beating 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 business had revenue of $780.37 million during the quarter, compared to analyst estimates of $750.64 million. During the same period in the prior year, the business posted $3.36 earnings per share. The company's revenue 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. Equities analysts expect that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

Insider Buying and Selling at F5

In other news, insider Lyra Amber Schramm sold 2,701 shares of the company'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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Chad Michael Whalen sold 5,297 shares of the company's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $322.24, for a total transaction of $1,706,905.28. Following the transaction, the executive vice president directly owned 23,591 shares of the company's stock, valued at approximately $7,601,963.84. This trade represents a 18.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 11,945 shares of company stock valued at $3,796,542. Corporate 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.

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