F5 shares rebounded in Q4 2024 due to growing pipeline and improved close rates

From Yahoo Finance: 2025-03-31 08:20:00

Hotchkis & Wiley released their fourth quarter 2024 investor letter, reporting a -0.91% return for the Large Cap Fundamental Value Fund, outperforming the Russell 1000 Value Index. F5, Inc. was highlighted in the letter, with a one-month return of -7.13% and a market capitalization of $15.213 billion as of March 28, 2025.

The Q4 2024 investor letter from Hotchkis & Wiley praised F5, Inc., stating its stock rebounded due to a growing pipeline and improved close rates in subscription software sales. F5, Inc. sells application networking and security software, has no debt, and trades at an attractive valuation.

F5, Inc.’s fiscal first quarter revenues reached $766 million, showing an 11% year-over-year increase. While F5, Inc. has potential as an investment, the focus on AI stocks for higher returns in a shorter timeframe is emphasized. Hotchkis & Wiley previously highlighted F5, Inc.’s rebound in Q3 2024 due to improved sales rates.

F5, Inc. is not among the 30 most popular stocks among hedge funds, but 37 hedge fund portfolios held it at the end of Q4 2024. Despite its potential, AI stocks are seen as offering greater promise for higher returns within a shorter timeframe. For more investor letters from hedge funds, visit the hedge fund investor letters Q4 2024 page.



Read more at Yahoo Finance: F5 (FFIV) Shares Rebounded in the Second Half of 2024