US Bancorp DE,
Orion Portfolio Solutions and
Wells Fargo have all reported reduced investments in
F5, Inc. (NASDAQ:FFIV), while
Nomura Asset Management,
Norges Bank and
Quest Partners LLC have increased their positions. Despite these mixed stake adjustments, the stock has shown consistent
growth with a 4.9% CAGR over the last five years. The company's Q1 and Q2 earnings surpassed estimates, but Q2 revenues fell Y/Y. Despite F5's sales being in line with estimates for Q1, the stock fell 12.2% after a weaker guide. However, the company reported earnings growth for Q1 FY24, and the stock jumped 10.6% after Q1 sales targets were exceeded. F5's International Revenue Trends are also being deciphered. While their capital returns might not inspire confidence, the stock is seen as a strong growth stock for the long-term and might be positioned well for a growth-value metric. The company added
Tami Erwin to its board of directors, while CEO
Francois Locoh-Donou sold 1450 of his F5 shares. F5's CEO compensation has been regarded as acceptable. Despite stock reductions from US Bancorp DE and Wells Fargo, F5's outlook remains positive.
F5 FFIV News Analytics from Wed, 04 Oct 2023 07:00:00 GMT to Sun, 02 Jun 2024 11:50:11 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3
