Shell Asset Management Co. Purchases 3,655 Shares of F5, Inc. $FFIV

Key Points

• Shell Asset Management Co. increased its stake in F5, Inc. by 21.9%, purchasing an additional 3,655 shares during the second quarter, bringing its total holdings to 20,322 shares valued at approximately $5.98 million.
• Insider transactions included Lyra Amber Schramm selling 2,701 shares and Chad Michael Whalen selling 5,297 shares, indicating a decrease in ownership among executives.
• F5, Inc. reported a strong quarterly performance with an EPS of $4.16, surpassing analysts' expectations, and was guided to achieve 11.2 EPS for the current fiscal year.

Shell Asset Management Co. boosted its holdings in F5, Inc. (NASDAQ:FFIV - Free Report) by 21.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,322 shares of the network technology company's stock after buying an additional 3,655 shares during the quarter. Shell Asset Management Co.'s holdings in F5 were worth $5,981,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Merit Financial Group LLC acquired a new position in shares of F5 during the first quarter worth $780,000. Wedmont Private Capital bought a new stake in shares of F5 in the 1st quarter valued at about $204,000. Farther Finance Advisors LLC increased its stake in shares of F5 by 84.1% in the first quarter. Farther Finance Advisors LLC now owns 2,395 shares of the network technology company's stock valued at $643,000 after buying an additional 1,094 shares during the period. Pallas Capital Advisors LLC bought a new position in shares of F5 during the first quarter worth about $437,000. Finally, Harbor Capital Advisors Inc. lifted its stake in shares of F5 by 6.6% in the first quarter. Harbor Capital Advisors Inc. now owns 75,232 shares of the network technology company's stock worth $20,032,000 after acquiring an additional 4,660 shares during the period. 90.66% of the stock is owned by institutional investors.

Insider Buying and Selling at F5

In related news, insider Lyra Amber Schramm sold 2,701 shares of the stock in a transaction 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Chad Michael Whalen sold 5,297 shares of F5 stock in a transaction on Monday, August 11th. The stock was 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 in the company, valued at $7,601,963.84. This represents a 18.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,945 shares of company stock worth $3,796,542 in the last quarter. 0.52% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Morgan Stanley upped their price objective on shares of F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a research note on Thursday, July 31st. Royal Bank Of Canada increased their price target on F5 from $314.00 to $326.00 and gave the stock a "sector perform" rating in a report on Thursday, July 31st. Weiss Ratings reissued a "buy (b)" rating on shares of F5 in a research note on Saturday, September 27th. Wolfe Research started coverage on F5 in a research note on Monday, July 7th. They set an "outperform" rating for the company. Finally, Needham & Company LLC lifted their target price on F5 from $320.00 to $345.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $309.89.

F5 Stock Up 1.2%

Shares of NASDAQ:FFIV opened at $329.00 on Tuesday. F5, Inc. has a twelve month low of $213.24 and a twelve month high of $337.39. The stock's 50 day moving average is $319.71 and its 200-day moving average is $293.95. The firm has a market capitalization of $18.90 billion, a price-to-earnings ratio of 28.99, a PEG ratio of 3.57 and a beta of 1.06.

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, beating 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 business had revenue of $780.37 million during the quarter, compared to analyst estimates of $750.64 million. During the same quarter in the previous year, the business posted $3.36 EPS. F5's quarterly 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 research analysts anticipate that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

F5 Company 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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