112,947 Shares in F5, Inc. $FFIV Purchased by Woodline Partners LP

Key Points

• Woodline Partners LP has made a significant investment in F5, Inc. by acquiring 112,947 shares worth approximately $30 million, representing about 0.20% of the company.
• F5, Inc. has shown strong performance indicators, with a net income of $4.16 per share for the latest quarter, surpassing analyst expectations and a year-over-year revenue increase of 12.2%.
• Insider trading activity includes significant sales by executives, with one EVP selling over $1.7 million in stock, highlighting a potential shift in insider confidence regarding the company's shares.

Woodline Partners LP acquired a new position in shares of F5, Inc. (NASDAQ:FFIV - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 112,947 shares of the network technology company's stock, valued at approximately $30,074,000. Woodline Partners LP owned about 0.20% of F5 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in FFIV. GAMMA Investing LLC raised its holdings in shares of F5 by 34,698.9% in the first quarter. GAMMA Investing LLC now owns 746,089 shares of the network technology company's stock worth $198,661,000 after acquiring an additional 743,945 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of F5 by 6.2% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 5,387,700 shares of the network technology company's stock worth $1,434,583,000 after acquiring an additional 312,415 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of F5 by 110.4% in the first quarter. Robeco Institutional Asset Management B.V. now owns 560,493 shares of the network technology company's stock worth $149,242,000 after acquiring an additional 294,050 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of F5 by 659.3% in the first quarter. Pacer Advisors Inc. now owns 316,992 shares of the network technology company's stock worth $84,405,000 after acquiring an additional 275,244 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of F5 by 37.5% in the first quarter. AQR Capital Management LLC now owns 828,900 shares of the network technology company's stock worth $216,757,000 after acquiring an additional 226,231 shares during the last quarter. 90.66% of the stock is owned by institutional investors and hedge funds.

F5 Price Performance

FFIV stock traded up $2.01 during trading on Monday, reaching $323.68. 108,616 shares of the stock traded hands, compared to its average volume of 530,869. The business's 50 day moving average price is $310.97 and its 200-day moving average price is $287.89. F5, Inc. has a 52-week low of $210.72 and a 52-week high of $337.39. The firm has a market capitalization of $18.60 billion, a PE ratio of 28.52, a P/E/G ratio of 3.71 and a beta of 1.08.

F5 (NASDAQ:FFIV - Get Free Report) last posted its quarterly 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 return on equity of 21.77% and a net margin of 22.06%.The firm had revenue of $780.37 million during the quarter, compared to the consensus estimate of $750.64 million. During the same quarter in the previous year, the business earned $3.36 earnings per share. The firm'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, equities research analysts predict that F5, Inc. will post 11.2 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Francois Locoh-Donou sold 1,300 shares of the company's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $308.14, for a total value of $400,582.00. Following the completion of the sale, the chief executive officer owned 110,153 shares of the company's stock, valued at $33,942,545.42. This represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Lyra Amber Schramm sold 2,701 shares of the company's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $316.57, for a total value of $855,055.57. The disclosure for this sale can be found here. Insiders sold 11,945 shares of company stock worth $3,762,365 over the last three months. 0.52% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

FFIV has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price target on F5 from $285.00 to $305.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Barclays upped their target price on F5 from $274.00 to $321.00 and gave the company an "equal weight" rating in a research note on Thursday, July 31st. Royal Bank Of Canada upped 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. Wall Street Zen lowered F5 from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Finally, Needham & Company LLC upped their target price on F5 from $320.00 to $345.00 and gave the company a "buy" 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 stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price 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.