UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Purchases 92,816 Shares of F5, Inc. $FFIV

Key Points

• UBS Asset Management increased its stake in F5, Inc. by 14.3%, owning 743,808 shares, valued at approximately $198 million.
• F5, Inc. reported strong quarterly earnings with $4.16 EPS, exceeding estimates by $0.67, and revenue of $780.37 million, a 12.2% increase year-over-year.
• Institutional investors now hold 90.66% of F5's stock, with several firms increasing their positions significantly in the last quarter.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in F5, Inc. (NASDAQ:FFIV - Free Report) by 14.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 743,808 shares of the network technology company's stock after acquiring an additional 92,816 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 1.30% of F5 worth $198,054,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Meiji Yasuda Asset Management Co Ltd. lifted its position in F5 by 2.5% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,805 shares of the network technology company's stock worth $481,000 after purchasing an additional 44 shares during the period. Spire Wealth Management lifted its position in F5 by 11.9% in the first quarter. Spire Wealth Management now owns 451 shares of the network technology company's stock worth $120,000 after purchasing an additional 48 shares during the period. Horizon Investments LLC lifted its position in F5 by 6.3% in the first quarter. Horizon Investments LLC now owns 845 shares of the network technology company's stock worth $225,000 after purchasing an additional 50 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in F5 by 0.4% in the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 11,210 shares of the network technology company's stock worth $2,985,000 after purchasing an additional 50 shares during the period. Finally, Oliver Luxxe Assets LLC lifted its position in F5 by 4.6% in the first quarter. Oliver Luxxe Assets LLC now owns 1,298 shares of the network technology company's stock worth $346,000 after purchasing an additional 57 shares during the period. 90.66% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Chad Michael Whalen sold 5,297 shares of F5 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 completion of the sale, the executive vice president owned 23,591 shares of the company's stock, valued at approximately $7,601,963.84. The trade was a 18.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,945 shares of company stock valued at $3,762,365. 0.52% of the stock is owned by insiders.

Analysts Set New Price Targets

FFIV has been the subject of several recent analyst reports. Needham & Company LLC increased their price objective on F5 from $320.00 to $345.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Royal Bank Of Canada raised their target price on F5 from $314.00 to $326.00 and gave the company a "sector perform" rating in a research note on Thursday, July 31st. Wolfe Research initiated coverage on F5 in a research note on Monday, July 7th. They issued an "outperform" rating for the company. JPMorgan Chase & Co. raised 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, Wall Street Zen lowered F5 from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Three equities research analysts have rated the stock with a Buy rating, seven 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 currently has a consensus rating of "Hold" and a consensus target price of $309.89.

F5 Price Performance

FFIV stock traded down $1.12 during trading hours on Tuesday, reaching $322.98. The stock had a trading volume of 125,412 shares, compared to its average volume of 529,998. The stock has a market capitalization of $18.55 billion, a PE ratio of 28.45, a price-to-earnings-growth ratio of 3.71 and a beta of 1.08. The stock has a 50-day simple moving average of $311.47 and a 200 day simple moving average of $288.11. F5, Inc. has a fifty-two week low of $211.89 and a fifty-two week high of $337.39.

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, 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 company had revenue of $780.37 million for the quarter, compared to analysts' expectations of $750.64 million. During the same period in the prior year, the firm earned $3.36 EPS. F5's quarterly revenue was up 12.2% compared to the same quarter last year. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. On average, sell-side analysts forecast that F5, Inc. will post 11.2 EPS for the current fiscal year.

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.