Xponance Inc. Sells 208 Shares of F5, Inc. (NASDAQ:FFIV)

Xponance Inc. lessened its position in shares of F5, Inc. (NASDAQ:FFIV) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,930 shares of the network technology company’s stock after selling 208 shares during the period. Xponance Inc.’s holdings in F5 were worth $1,366,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in F5 by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 7,465,022 shares of the network technology company’s stock worth $1,415,294,000 after purchasing an additional 29,154 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of F5 by 10.5% in the 2nd quarter. American Century Companies Inc. now owns 1,709,296 shares of the network technology company’s stock valued at $294,392,000 after acquiring an additional 162,820 shares in the last quarter. Lyrical Asset Management LP grew its holdings in shares of F5 by 38.3% in the 4th quarter. Lyrical Asset Management LP now owns 1,145,302 shares of the network technology company’s stock valued at $204,986,000 after acquiring an additional 317,263 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of F5 by 0.5% in the 4th quarter. First Trust Advisors LP now owns 1,122,995 shares of the network technology company’s stock valued at $200,994,000 after acquiring an additional 6,010 shares in the last quarter. Finally, Pacer Advisors Inc. grew its holdings in shares of F5 by 6,700.2% in the 2nd quarter. Pacer Advisors Inc. now owns 848,388 shares of the network technology company’s stock valued at $146,118,000 after acquiring an additional 835,912 shares in the last quarter. Institutional investors own 90.66% of the company’s stock.

F5 Stock Down 1.1 %

Shares of FFIV stock opened at $219.00 on Friday. The firm has a 50 day moving average price of $198.84 and a two-hundred day moving average price of $184.54. The company has a market capitalization of $12.84 billion, a PE ratio of 26.23, a price-to-earnings-growth ratio of 2.77 and a beta of 1.06. F5, Inc. has a 12-month low of $145.45 and a 12-month high of $223.74.

F5 (NASDAQ:FFIV) last issued its quarterly earnings data on Monday, July 29th. The network technology company reported $3.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.97 by $0.39. The firm had revenue of $695.50 million during the quarter, compared to the consensus estimate of $686.06 million. F5 had a net margin of 19.94% and a return on equity of 21.03%. The business’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period last year, the business posted $2.46 earnings per share. As a group, research analysts expect that F5, Inc. will post 10.18 EPS for the current year.

Insiders Place Their Bets

In other F5 news, CFO Francis J. Pelzer sold 500 shares of the firm’s stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $176.20, for a total transaction of $88,100.00. Following the completion of the sale, the chief financial officer now directly owns 31,108 shares in the company, valued at $5,481,229.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CFO Francis J. Pelzer sold 500 shares of F5 stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $176.20, for a total value of $88,100.00. Following the completion of the sale, the chief financial officer now directly owns 31,108 shares in the company, valued at $5,481,229.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Francois Locoh-Donou sold 1,450 shares of F5 stock in a transaction that occurred on Wednesday, July 3rd. The shares were sold at an average price of $171.95, for a total transaction of $249,327.50. Following the completion of the sale, the chief executive officer now owns 121,462 shares of the company’s stock, valued at $20,885,390.90. The disclosure for this sale can be found here. Insiders sold 7,871 shares of company stock worth $1,508,705 over the last three months. Insiders own 0.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on FFIV shares. Barclays raised their price objective on F5 from $189.00 to $214.00 and gave the company an “equal weight” rating in a report on Tuesday, July 30th. Needham & Company LLC raised their price objective on F5 from $220.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, July 30th. Evercore ISI lifted their price target on F5 from $180.00 to $210.00 and gave the stock an “in-line” rating in a report on Tuesday, July 30th. The Goldman Sachs Group lifted their price target on F5 from $185.00 to $212.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, StockNews.com cut F5 from a “strong-buy” rating to a “buy” rating in a report on Tuesday, September 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, F5 has an average rating of “Hold” and a consensus price target of $204.56.

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.