Truvestments Capital LLC Takes $270,000 Position in F5, Inc. $FFIV

Key Points

• Truvestments Capital LLC invested $270,000 to acquire 1,014 shares of F5, Inc., indicating growing institutional interest in the network technology company.
• F5 reported a 12.2% year-over-year revenue increase and earnings per share of $4.16 for the last quarter, surpassing analysts' expectations.
• Analysts have mixed sentiments about F5's stock, with price targets ranging from $305 to $355, and an average target price of $309.89 reflecting a consensus rating of "Hold."

Truvestments Capital LLC bought a new position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,014 shares of the network technology company's stock, valued at approximately $270,000.

A number of other hedge funds have also recently bought and sold shares of the company. Marshall Wace LLP purchased a new position in F5 during the 4th quarter valued at about $272,000. Price T Rowe Associates Inc. MD grew its stake in F5 by 31.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 139,932 shares of the network technology company's stock valued at $35,190,000 after acquiring an additional 33,514 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in shares of F5 during the 4th quarter valued at about $204,000. Coldstream Capital Management Inc. lifted its holdings in shares of F5 by 3.7% during the 4th quarter. Coldstream Capital Management Inc. now owns 954 shares of the network technology company's stock valued at $240,000 after buying an additional 34 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of F5 during the 4th quarter valued at about $503,000. 90.66% of the stock is owned by institutional investors and hedge funds.

F5 Price Performance

Shares of FFIV stock traded down $6.28 during trading hours on Tuesday, hitting $306.86. 237,496 shares of the company's stock were exchanged, compared to its average volume of 537,255. The stock's 50-day moving average is $306.71 and its 200-day moving average is $286.66. The stock has a market cap of $17.63 billion, a price-to-earnings ratio of 27.01, a price-to-earnings-growth ratio of 3.61 and a beta of 1.08. F5, Inc. has a 52 week low of $197.34 and a 52 week high of $334.00.

F5 (NASDAQ:FFIV - Get Free Report) last announced its 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 for the quarter, compared to analysts' expectations of $750.64 million. F5 had a return on equity of 21.77% and a net margin of 22.06%.The business's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business 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. Equities research analysts forecast that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Elizabeth Buse sold 1,500 shares of the stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $293.53, for a total transaction of $440,295.00. Following the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Francois Locoh-Donou sold 1,300 shares of the company's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $308.14, for a total value of $400,582.00. Following the transaction, the chief executive officer directly owned 110,153 shares in the company, valued at $33,942,545.42. This trade represents a 1.17% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,744 shares of company stock worth $3,347,605 over the last ninety days. Company insiders own 0.52% of the company's stock.

Analyst Ratings Changes

FFIV has been the subject of a number of research analyst reports. Piper Sandler upped their price target on F5 from $304.00 to $355.00 and gave the stock a "neutral" rating in a report on Thursday, July 31st. Wall Street Zen cut F5 from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Morgan Stanley boosted 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. Needham & Company LLC boosted 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. Finally, JPMorgan Chase & Co. boosted their price objective on F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, F5 currently has a consensus rating of "Hold" and an average price target of $309.89.

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.