Tower Wealth Partners Inc. Buys New Shares in F5, Inc. $FFIV

Key Points

• Tower Wealth Partners Inc. acquired a new stake in F5, Inc. by purchasing 765 shares worth approximately $225,000 during the 2nd quarter.
• Institutional investors hold 90.66% of F5’s stock, demonstrating strong market confidence in the company.
• F5's earnings per share for the last quarter exceeded expectations at $4.16, with a revenue growth of 12.2% year-over-year.

Tower Wealth Partners Inc. bought a new stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 765 shares of the network technology company's stock, valued at approximately $225,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Hotchkis & Wiley Capital Management LLC grew its holdings in shares of F5 by 6.2% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 5,387,700 shares of the network technology company's stock valued at $1,434,583,000 after purchasing an additional 312,415 shares during the last quarter. Northern Trust Corp grew its stake in shares of F5 by 15.5% in the first quarter. Northern Trust Corp now owns 1,054,701 shares of the network technology company's stock worth $280,835,000 after purchasing an additional 141,680 shares during the last quarter. Acadian Asset Management LLC grew its stake in shares of F5 by 24.0% in the first quarter. Acadian Asset Management LLC now owns 828,966 shares of the network technology company's stock worth $220,693,000 after purchasing an additional 160,708 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of F5 by 37.5% in the first quarter. AQR Capital Management LLC now owns 828,900 shares of the network technology company's stock worth $216,757,000 after purchasing an additional 226,231 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of F5 by 40.8% in the second quarter. Robeco Institutional Asset Management B.V. now owns 789,283 shares of the network technology company's stock worth $232,302,000 after purchasing an additional 228,790 shares during the last quarter. Institutional investors own 90.66% of the company's stock.

Analyst Ratings Changes

FFIV has been the topic of a number of research reports. Zacks Research lowered shares of F5 from a "strong-buy" rating to a "hold" rating in a research note on Monday. Needham & Company LLC lifted their price target on shares of F5 from $320.00 to $345.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Wall Street Zen cut shares of F5 from a "strong-buy" rating to a "buy" rating in a research report on Friday, October 3rd. Royal Bank Of Canada lifted 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. Finally, Morgan Stanley lifted 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, October 10th. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $314.33.

Insider Activity at F5

In other F5 news, EVP Thomas Dean Fountain sold 1,347 shares of the company's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $309.73, for a total value of $417,206.31. Following the completion of the transaction, the executive vice president directly owned 20,699 shares in the company, valued at $6,411,101.27. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Lyra Amber Schramm sold 2,701 shares of the company's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $316.57, for a total transaction of $855,055.57. The disclosure for this sale can be found here. Insiders sold 11,945 shares of company stock valued at $3,796,542 over the last ninety days. Company insiders own 0.52% of the company's stock.

F5 Stock Performance

Shares of F5 stock opened at $330.75 on Thursday. The stock has a market capitalization of $19.00 billion, a PE ratio of 29.14, a price-to-earnings-growth ratio of 3.77 and a beta of 1.06. F5, Inc. has a 52-week low of $213.24 and a 52-week high of $346.00. The company has a 50-day simple moving average of $323.35 and a two-hundred day simple moving average of $296.83.

F5 (NASDAQ:FFIV - Get Free Report) last issued its earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.49 by $0.67. The business had revenue of $780.37 million during the quarter, compared to analysts' expectations of $750.64 million. F5 had a net margin of 22.06% and a return on equity of 21.77%. The business's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company earned $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, equities research analysts forecast that F5, Inc. will post 11.2 EPS for the current fiscal year.

F5 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.