New York State Teachers Retirement System Buys 98 Shares of F5, Inc. $FFIV

New York State Teachers Retirement System grew its stake in shares of F5, Inc. (NASDAQ:FFIV) by 0.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,963 shares of the network technology company’s stock after purchasing an additional 98 shares during the period. New York State Teachers Retirement System owned approximately 0.10% of F5 worth $16,177,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MGO One Seven LLC increased its position in F5 by 0.8% in the 2nd quarter. MGO One Seven LLC now owns 4,927 shares of the network technology company’s stock valued at $1,450,000 after buying an additional 40 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its stake in F5 by 2.5% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,805 shares of the network technology company’s stock valued at $481,000 after acquiring an additional 44 shares during the period. Signaturefd LLC increased its holdings in shares of F5 by 2.6% during the second quarter. Signaturefd LLC now owns 1,834 shares of the network technology company’s stock valued at $540,000 after acquiring an additional 46 shares in the last quarter. Spire Wealth Management increased its holdings in shares of F5 by 11.9% during the first quarter. Spire Wealth Management now owns 451 shares of the network technology company’s stock valued at $120,000 after acquiring an additional 48 shares in the last quarter. Finally, Horizon Investments LLC raised its position in shares of F5 by 6.3% during the first quarter. Horizon Investments LLC now owns 845 shares of the network technology company’s stock worth $225,000 after purchasing an additional 50 shares during the period. Institutional investors own 90.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on FFIV shares. Royal Bank Of Canada lifted their price target 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 initiated coverage on shares of F5 in a research note on Monday, July 7th. They issued an “outperform” rating on the stock. Wall Street Zen cut shares of F5 from a “strong-buy” rating to a “buy” rating in a report on Friday, October 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of F5 in a research report on Wednesday, October 8th. Finally, Piper Sandler upped their target price on shares of F5 from $304.00 to $355.00 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $314.33.

F5 Price Performance

Shares of FFIV stock opened at $300.90 on Friday. The firm has a 50-day moving average of $322.50 and a 200-day moving average of $297.25. The company has a market cap of $17.29 billion, a P/E ratio of 26.51, a P/E/G ratio of 3.24 and a beta of 1.06. F5, Inc. has a one year low of $213.24 and a one year high of $346.00.

F5 (NASDAQ:FFIV) last released its quarterly earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, topping the consensus estimate of $3.49 by $0.67. The business had revenue of $780.37 million for 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 firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous 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 expect that F5, Inc. will post 11.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Lyra Amber Schramm sold 2,701 shares of the stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $316.57, for a total transaction of $855,055.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas Dean Fountain sold 1,347 shares of the business’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $309.73, for a total value of $417,206.31. Following the completion of the transaction, the executive vice president directly owned 20,699 shares in the company, valued at approximately $6,411,101.27. This represents a 6.11% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 11,945 shares of company stock valued at $3,796,542. Insiders own 0.52% of the company’s stock.

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.