Ascent Group LLC Sells 174 Shares of F5, Inc. $FFIV

Ascent Group LLC lowered its stake in shares of F5, Inc. (NASDAQ:FFIV) by 11.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,360 shares of the network technology company’s stock after selling 174 shares during the period. Ascent Group LLC’s holdings in F5 were worth $400,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Private Advisory Group LLC bought a new stake in shares of F5 during the first quarter valued at approximately $469,000. Vestcor Inc raised its position in shares of F5 by 689.3% during the first quarter. Vestcor Inc now owns 7,364 shares of the network technology company’s stock valued at $1,961,000 after buying an additional 6,431 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of F5 by 275.0% during the first 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 during the last quarter. Norden Group LLC bought a new stake in shares of F5 during the first quarter valued at approximately $234,000. Finally, OneDigital Investment Advisors LLC bought a new stake in shares of F5 during the first quarter valued at approximately $240,000. Institutional investors own 90.66% of the company’s stock.

F5 Stock Up 0.5%

FFIV stock opened at $330.76 on Wednesday. F5, Inc. has a twelve month low of $213.24 and a twelve month high of $337.39. The stock has a market capitalization of $19.00 billion, a price-to-earnings ratio of 29.14, a price-to-earnings-growth ratio of 3.61 and a beta of 1.06. The firm’s fifty day simple moving average is $320.34 and its two-hundred day simple moving average is $294.20.

F5 (NASDAQ:FFIV) last posted its quarterly earnings data on Wednesday, July 30th. The network technology company reported $4.16 earnings per share 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 business had revenue of $780.37 million for the quarter, compared to analysts’ expectations of $750.64 million. During the same quarter in the previous year, the business posted $3.36 earnings per share. The business’s 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. As a group, equities research analysts expect that F5, Inc. will post 11.2 EPS for the current year.

Wall Street Analysts Forecast Growth

FFIV has been the topic of several research reports. Royal Bank Of Canada boosted their price target on shares of F5 from $314.00 to $326.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 31st. Piper Sandler boosted their price target on shares of F5 from $304.00 to $355.00 and gave the stock a “neutral” rating in a research report on Thursday, July 31st. Weiss Ratings restated a “buy (b)” rating on shares of F5 in a research report on Saturday, September 27th. Barclays boosted their price target on shares of F5 from $274.00 to $321.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Finally, Needham & Company LLC boosted their price target on shares of F5 from $320.00 to $345.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Four investment 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 data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $309.89.

Insider Activity

In other F5 news, insider Lyra Amber Schramm sold 2,701 shares of the business’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $316.57, for a total transaction of $855,055.57. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Chad Michael Whalen sold 5,297 shares of the company’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $322.24, for a total transaction of $1,706,905.28. Following the completion of the transaction, the executive vice president owned 23,591 shares in the company, valued at approximately $7,601,963.84. The trade was a 18.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,945 shares of company stock worth $3,796,542. 0.52% of the stock is currently owned by insiders.

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.