F5 (NASDAQ:FFIV) Downgraded to "Buy" Rating by Wall Street Zen

Key Points

• F5 (NASDAQ:FFIV) was downgraded from a "strong-buy" rating to a "buy" rating by Wall Street Zen.
• The stock price of F5 has recently decreased by 0.7%, trading at approximately $324.98.
• F5 reported earnings of $4.16 per share for the last quarter, exceeding analysts' estimates by $0.67.

F5 (NASDAQ:FFIV - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a note issued to investors on Friday.

Several other research firms have also recently weighed in on FFIV. Wolfe Research initiated coverage on F5 in a report on Monday, July 7th. They set an "outperform" rating on the stock. Royal Bank Of Canada lifted their price objective on F5 from $314.00 to $326.00 and gave the company a "sector perform" rating in a report on Thursday, July 31st. Barclays lifted their price objective on F5 from $274.00 to $321.00 and gave the company an "equal weight" rating in a report on Thursday, July 31st. JPMorgan Chase & Co. lifted their target price on F5 from $285.00 to $305.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of F5 in a research report on Saturday, September 27th. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, F5 has a consensus rating of "Hold" and a consensus price target of $309.89.

F5 Stock Down 0.7%

F5 stock traded down $2.20 during mid-day trading on Friday, hitting $324.98. 236,010 shares of the company were exchanged, compared to its average volume of 410,913. The business has a fifty day moving average of $319.17 and a 200 day moving average of $293.19. F5 has a 1-year low of $213.24 and a 1-year high of $337.39. The company has a market capitalization of $18.67 billion, a PE ratio of 28.63, a price-to-earnings-growth ratio of 3.59 and a beta of 1.06.

F5 (NASDAQ:FFIV - Get Free Report) last announced its earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share for the quarter, beating analysts' consensus estimates of $3.49 by $0.67. The company had revenue of $780.37 million during the quarter, compared to analyst estimates of $750.64 million. F5 had a return on equity of 21.77% and a net margin of 22.06%.The firm's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company posted $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. Research analysts expect that F5 will post 11.2 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Lyra Amber Schramm sold 2,701 shares of the firm's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $316.57, for a total value of $855,055.57. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Francois Locoh-Donou sold 1,300 shares of the firm's stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $320.61, for a total value of $416,793.00. Following the completion of the sale, the chief executive officer directly owned 107,553 shares in the company, valued at $34,482,567.33. This trade represents a 1.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,945 shares of company stock valued at $3,796,542. Company insiders own 0.52% of the company's stock.

Hedge Funds Weigh In On F5

Hedge funds have recently modified their holdings of the business. MGO One Seven LLC boosted its position in F5 by 0.8% during the second quarter. MGO One Seven LLC now owns 4,927 shares of the network technology company's stock valued at $1,450,000 after acquiring an additional 40 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its position in F5 by 2.5% during 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 last quarter. Signaturefd LLC boosted its position in 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 during the last quarter. Ethic Inc. boosted its position in F5 by 0.5% during the second quarter. Ethic Inc. now owns 9,849 shares of the network technology company's stock valued at $2,913,000 after acquiring an additional 46 shares during the last quarter. Finally, Coldstream Capital Management Inc. boosted its position in F5 by 4.9% during the second quarter. Coldstream Capital Management Inc. now owns 1,002 shares of the network technology company's stock valued at $295,000 after acquiring an additional 47 shares during the last quarter. Institutional investors and hedge funds own 90.66% 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.

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