Vident Advisory LLC Has $1.46 Million Position in F5, Inc. $FFIV

Key Points

• Vident Advisory LLC increased its stake in F5, Inc. by 47.0% during the first quarter, acquiring an additional 1,754 shares, bringing their total holdings to 5,488 shares valued at $1.461 million.
• Several institutional investors, including Annis Gardner Whiting Capital Advisors LLC and Golden State Wealth Management LLC, have also significantly increased their positions in F5, indicating strong institutional interest in the company.
• F5 reported earnings of $4.16 EPS for the last quarter, exceeding expectations and reflecting a 12.2% increase in quarterly revenue compared to the same period last year.

Vident Advisory LLC lifted its stake in F5, Inc. (NASDAQ:FFIV - Free Report) by 47.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,488 shares of the network technology company's stock after acquiring an additional 1,754 shares during the quarter. Vident Advisory LLC's holdings in F5 were worth $1,461,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Annis Gardner Whiting Capital Advisors LLC increased its position in F5 by 134.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock worth $27,000 after buying an additional 59 shares during the last quarter. Golden State Wealth Management LLC increased its position in F5 by 275.0% during the first quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company's stock worth $28,000 after buying an additional 77 shares during the last quarter. Park Square Financial Group LLC acquired a new position in F5 during the fourth quarter worth $31,000. Groupe la Francaise acquired a new position in F5 during the first quarter worth $34,000. Finally, WPG Advisers LLC acquired a new position in F5 during the first quarter worth $75,000. 90.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on FFIV. Morgan Stanley raised their price target 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. raised their price target on F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Wolfe Research began coverage on F5 in a research report on Monday, July 7th. They issued an "outperform" rating on the stock. Needham & Company LLC raised their price target on F5 from $320.00 to $345.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, Wall Street Zen downgraded F5 from a "strong-buy" rating to a "buy" rating in a research report 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 issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $309.89.

F5 Stock Up 0.5%

FFIV traded up $1.54 during midday trading on Friday, reaching $315.89. 310,965 shares of the company's stock were exchanged, compared to its average volume of 403,783. The firm has a market capitalization of $18.15 billion, a price-to-earnings ratio of 27.83, a price-to-earnings-growth ratio of 3.63 and a beta of 1.08. F5, Inc. has a one year low of $197.34 and a one year high of $334.00. The business has a 50-day simple moving average of $308.12 and a two-hundred day simple moving average of $287.04.

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 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 net margin of 22.06% and a return on equity of 21.77%. The company's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter last 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, research analysts anticipate that F5, Inc. will post 11.2 EPS for the current fiscal year.

Insider Buying and Selling at F5

In other news, Director Elizabeth Buse sold 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $293.53, for a total transaction of $440,295.00. Following the completion of the sale, the director owned 5,013 shares of the company's stock, valued at approximately $1,471,465.89. This trade represents a 23.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Francois Locoh-Donou sold 1,300 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $308.14, for a total transaction of $400,582.00. Following the sale, the chief executive officer directly owned 110,153 shares of the company's stock, valued at approximately $33,942,545.42. The trade was a 1.17% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,744 shares of company stock worth $3,347,605 in the last three months. 0.52% of the stock is currently owned by company insiders.

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.