F5, Inc. $FFIV Shares Acquired by Voya Investment Management LLC

Key Points

• Voya Investment Management LLC increased its ownership of F5, Inc. by 61.8%, acquiring an additional 136,071 shares, bringing its total to 356,362 shares valued at approximately $94.89 million.
• F5, Inc. reported a 12.2% revenue increase to $780.37 million for the last quarter, significantly exceeding analyst estimates and achieving an earnings per share (EPS) of $4.16.
• Despite strong earnings, shares of F5 have decreased by 3.9% recently, with analysts maintaining a consensus rating of "Hold" and an average price target of $309.89.

Voya Investment Management LLC boosted its stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 61.8% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 356,362 shares of the network technology company's stock after purchasing an additional 136,071 shares during the period. Voya Investment Management LLC owned approximately 0.62% of F5 worth $94,889,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of FFIV. Annis Gardner Whiting Capital Advisors LLC lifted its stake in F5 by 134.1% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock valued at $27,000 after buying an additional 59 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in F5 by 275.0% in the 1st quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company's stock valued at $28,000 after buying an additional 77 shares in the last quarter. Park Square Financial Group LLC purchased a new position in F5 in the 4th quarter valued at about $31,000. Groupe la Francaise purchased a new position in F5 in the 1st quarter valued at about $34,000. Finally, Flaharty Asset Management LLC purchased a new position in F5 in the 1st quarter valued at about $35,000. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at F5

In related news, insider Lyra Amber Schramm sold 2,701 shares of F5 stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $316.57, for a total value of $855,055.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Chad Michael Whalen sold 5,297 shares of F5 stock in a transaction that occurred on 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 $7,601,963.84. This trade represents a 18.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,945 shares of company stock worth $3,762,365 over the last quarter. Company insiders own 0.52% of the company's stock.

F5 Price Performance

Shares of FFIV stock traded down $0.15 during trading on Wednesday, hitting $323.58. 257,925 shares of the stock traded hands, compared to its average volume of 529,416. The firm has a market capitalization of $18.59 billion, a P/E ratio of 28.51, a price-to-earnings-growth ratio of 3.74 and a beta of 1.08. The firm's fifty day moving average price is $311.90 and its 200-day moving average price is $288.36. F5, Inc. has a 52-week low of $211.89 and a 52-week high of $337.39.

F5 (NASDAQ:FFIV - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 EPS for the quarter, beating the consensus estimate of $3.49 by $0.67. The firm had revenue of $780.37 million for the quarter, compared to analyst estimates 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 quarter in the previous year, the company 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. As a group, equities research analysts expect that F5, Inc. will post 11.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on FFIV. JPMorgan Chase & Co. raised their price target on shares of F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Wolfe Research initiated coverage on shares of F5 in a research note on Monday, July 7th. They issued an "outperform" rating on the stock. Needham & Company LLC raised their target price on shares of F5 from $320.00 to $345.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Wall Street Zen lowered shares of F5 from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Finally, Piper Sandler raised their target price on shares of F5 from $304.00 to $355.00 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $309.89.

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.