Venturi Wealth Management LLC Buys New Position in F5, Inc. $FFIV

Key Points

• Venturi Wealth Management LLC purchased 943 shares of F5, Inc. valued at approximately $278,000, marking a new position in the company.
• Multiple institutional investors, including Hotchkis & Wiley and Pacer Advisors Inc., increased their stakes, with Pacer Advisors raising its stake by an impressive 659.3% during the last quarter.
• F5's CEO, Francois Locoh-Donou, sold 1,300 shares at an average price of $320.61, reducing his ownership by 1.19%, while insider selling totaled almost $3.8 million in the last 90 days.

Venturi Wealth Management LLC bought a new stake in F5, Inc. (NASDAQ:FFIV - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 943 shares of the network technology company's stock, valued at approximately $278,000.

Several other institutional investors have also recently added to or reduced their stakes in FFIV. Hotchkis & Wiley Capital Management LLC raised its stake in F5 by 6.2% in 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. Robeco Institutional Asset Management B.V. raised its stake in F5 by 110.4% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 560,493 shares of the network technology company's stock valued at $149,242,000 after purchasing an additional 294,050 shares during the last quarter. Pacer Advisors Inc. raised its stake in F5 by 659.3% in the 1st quarter. Pacer Advisors Inc. now owns 316,992 shares of the network technology company's stock valued at $84,405,000 after purchasing an additional 275,244 shares during the last quarter. AQR Capital Management LLC raised its stake in F5 by 37.5% in the 1st quarter. AQR Capital Management LLC now owns 828,900 shares of the network technology company's stock valued at $216,757,000 after purchasing an additional 226,231 shares during the last quarter. Finally, Nuveen LLC acquired a new position in F5 in the 1st quarter valued at about $46,920,000. Institutional investors and hedge funds own 90.66% of the company's stock.

Insider Buying and Selling

In other F5 news, CEO Francois Locoh-Donou sold 1,300 shares of the company's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $320.61, for a total value of $416,793.00. Following the completion of the transaction, the chief executive officer owned 107,553 shares in the company, valued at $34,482,567.33. This represents a 1.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Chad Michael Whalen sold 5,297 shares of the company's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $322.24, for a total value of $1,706,905.28. Following the completion of the transaction, the executive vice president owned 23,591 shares of the company's stock, valued at approximately $7,601,963.84. This represents a 18.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,945 shares of company stock worth $3,796,542 in the last 90 days. 0.52% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on FFIV. Morgan Stanley upped their price objective on shares of F5 from $312.00 to $352.00 and gave the company an "equal weight" rating in a research note on Friday. Piper Sandler upped their price objective on shares of F5 from $304.00 to $355.00 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Needham & Company LLC upped their price objective on shares of F5 from $320.00 to $345.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Weiss Ratings reaffirmed a "buy (b)" rating on shares of F5 in a research note on Wednesday. Finally, Wolfe Research began coverage on shares of F5 in a research note on Monday, July 7th. They set an "outperform" rating for the company. Four 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. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $314.33.

F5 Stock Down 3.1%

NASDAQ FFIV opened at $331.75 on Friday. The stock has a market cap of $19.06 billion, a PE ratio of 29.23, a P/E/G ratio of 3.76 and a beta of 1.06. F5, Inc. has a fifty-two week low of $213.24 and a fifty-two week high of $346.00. The business has a 50 day moving average price of $322.28 and a two-hundred day moving average price of $295.40.

F5 (NASDAQ:FFIV - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, topping analysts' consensus estimates of $3.49 by $0.67. The firm had revenue of $780.37 million during 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%.F5's quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.36 EPS. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. Sell-side analysts anticipate that F5, Inc. will post 11.2 EPS 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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