F5, Inc. $FFIV Shares Acquired by Swedbank AB

Key Points

• Swedbank AB increased its stake in F5, Inc. by 6.2%, acquiring an additional 12,258 shares, bringing its total ownership to approximately 209,428 shares valued at $61.639 million.
• Recent insider selling includes CEO Francois Locoh-Donou selling 1,300 shares for $400,582, along with EVP Chad Michael Whalen selling 5,297 shares for $1.707 million.
• Analysts have raised F5’s price targets, with JPMorgan Chase increasing its target from $285 to $305, while Piper Sandler set a new target of $355.

Swedbank AB grew its stake in F5, Inc. (NASDAQ:FFIV - Free Report) by 6.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,428 shares of the network technology company's stock after acquiring an additional 12,258 shares during the quarter. Swedbank AB owned about 0.36% of F5 worth $61,639,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of F5 by 134.1% in 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 acquiring an additional 59 shares in the last quarter. Golden State Wealth Management LLC lifted its position in shares of F5 by 275.0% in the first 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 shares of F5 in the fourth quarter valued at $31,000. Groupe la Francaise purchased a new stake in shares of F5 in the first quarter valued at $34,000. Finally, Flaharty Asset Management LLC purchased a new stake in shares of F5 in the first quarter valued at $35,000. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

F5 Trading Up 0.5%

NASDAQ:FFIV traded up $1.50 on Monday, hitting $330.19. 460,369 shares of the stock were exchanged, compared to its average volume of 428,241. The stock has a market cap of $18.97 billion, a PE ratio of 29.09, a PEG ratio of 3.79 and a beta of 1.08. The stock has a fifty day moving average of $314.42 and a 200-day moving average of $289.79. F5, Inc. has a fifty-two week low of $213.24 and a fifty-two week high of $337.39.

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. The company had revenue of $780.37 million during the quarter, compared to analyst estimates of $750.64 million. F5 had a return on equity of 21.77% and a net margin of 22.06%.The firm's revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm posted $3.36 earnings per share. 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, analysts predict that F5, Inc. will post 11.2 earnings per share for the current year.

Insider Transactions at F5

In other F5 news, EVP Chad Michael Whalen sold 5,297 shares of the company's stock in a transaction dated 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 completion of the sale, 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Thomas Dean Fountain sold 1,347 shares of the company's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $309.73, for a total value of $417,206.31. Following the sale, the executive vice president owned 20,699 shares of the company's stock, valued at $6,411,101.27. This represents a 6.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,945 shares of company stock valued at $3,762,365. Insiders own 0.52% of the company's stock.

Analyst Ratings Changes

Several analysts have recently issued reports on FFIV shares. Needham & Company LLC upped their price objective on F5 from $320.00 to $345.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Piper Sandler upped their price objective on F5 from $304.00 to $355.00 and gave the company a "neutral" rating in a research report on Thursday, July 31st. Morgan Stanley upped their price objective on F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. upped their target price on F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Finally, Wolfe Research started coverage on F5 in a research note on Monday, July 7th. They issued an "outperform" rating for the company. Three research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, F5 has an average rating of "Hold" and a consensus price target of $309.89.

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.