969 Shares in F5, Inc. $FFIV Bought by Callan Family Office LLC

by · The Cerbat Gem

Callan Family Office LLC bought a new stake in shares of F5, Inc. (NASDAQ:FFIV – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 969 shares of the network technology company’s stock, valued at approximately $285,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Private Advisory Group LLC bought a new position in shares of F5 during the first quarter worth about $469,000. Vestcor Inc grew 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 worth $1,961,000 after acquiring an additional 6,431 shares during the last quarter. Golden State Wealth Management LLC grew 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 worth $28,000 after acquiring an additional 77 shares during the last quarter. Norden Group LLC bought a new position in shares of F5 during the first quarter worth about $234,000. Finally, OneDigital Investment Advisors LLC bought a new position in shares of F5 during the first quarter worth about $240,000. Institutional investors own 90.66% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Piper Sandler increased their target price on shares of F5 from $304.00 to $355.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Wall Street Zen lowered shares of F5 from a “strong-buy” rating to a “buy” rating in a research report on Friday, October 3rd. Royal Bank Of Canada increased their target price on shares of F5 from $314.00 to $326.00 and gave the company a “sector perform” rating in a research report on Thursday, July 31st. Wolfe Research assumed coverage on shares of F5 in a research report on Monday, July 7th. They issued an “outperform” rating for the company. Finally, Needham & Company LLC increased their target price on shares of F5 from $320.00 to $345.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $314.33.

Read Our Latest Stock Analysis on F5

F5 Trading Down 10.7%

FFIV stock opened at $295.35 on Friday. F5, Inc. has a one year low of $213.24 and a one year high of $346.00. The firm has a market capitalization of $16.97 billion, a PE ratio of 26.02, a P/E/G ratio of 3.63 and a beta of 1.06. The firm has a 50-day moving average of $322.91 and a two-hundred day moving average of $297.03.

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, topping analysts’ consensus estimates of $3.49 by $0.67. The business had revenue of $780.37 million during 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 firm’s revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm 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. On average, equities research analysts anticipate that F5, Inc. will post 11.2 earnings per share for the current year.

Insider Transactions at F5

In other F5 news, EVP Chad Michael Whalen sold 5,297 shares of the stock in a transaction that occurred on 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 transaction, the executive vice president owned 23,591 shares in the company, valued at $7,601,963.84. This trade represents a 18.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Thomas Dean Fountain sold 1,347 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $309.73, for a total value of $417,206.31. Following the transaction, the executive vice president owned 20,699 shares in the company, valued at approximately $6,411,101.27. This trade represents a 6.11% decrease in their position. 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. Corporate insiders own 0.52% of the company’s stock.

F5 Profile

(Free Report)

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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