F5 (NASDAQ:FFIV) Reaches New 1-Year High - Time to Buy?

Key Points

• F5, Inc. (NASDAQ:FFIV) reached a new 52-week high of $336.42, closing at $334.04 with a trading volume of 65,983 shares.
• Several analysts have upgraded their ratings and price targets for F5, with a consensus holding rating and an average price target of $309.89.
• The company reported strong quarterly earnings, with $4.16 EPS, surpassing estimates and showing 12.2% revenue growth year-over-year.

F5, Inc. (NASDAQ:FFIV - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as $336.42 and last traded at $334.04, with a volume of 65983 shares changing hands. The stock had previously closed at $326.69.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Royal Bank Of Canada increased their price objective on F5 from $314.00 to $326.00 and gave the company a "sector perform" rating in a research report on Thursday, July 31st. Wall Street Zen cut F5 from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Piper Sandler raised their target price on F5 from $304.00 to $355.00 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Morgan Stanley lifted their price objective on F5 from $305.00 to $312.00 and gave the company an "equal weight" rating in a research note on Thursday, July 31st. Finally, Needham & Company LLC lifted their target price on F5 from $320.00 to $345.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, F5 presently has an average rating of "Hold" and an average price target of $309.89.

F5 Price Performance

The business has a 50-day moving average of $309.85 and a 200 day moving average of $287.47. The company has a market capitalization of $19.23 billion, a PE ratio of 29.51, a P/E/G ratio of 3.76 and a beta of 1.08.

F5 (NASDAQ:FFIV - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.49 by $0.67. F5 had a return on equity of 21.77% and a net margin of 22.06%.The business had revenue of $780.37 million for the quarter, compared to the consensus estimate of $750.64 million. During the same period in the prior year, the business posted $3.36 earnings per share. The company's quarterly revenue was up 12.2% compared to the same quarter last year. 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 anticipate that F5, Inc. will post 11.2 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Chad Michael Whalen sold 5,297 shares of the firm's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $322.24, for a total value of $1,706,905.28. Following the completion of the sale, the executive vice president owned 23,591 shares of the company's stock, valued at $7,601,963.84. This trade represents a 18.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Lyra Amber Schramm sold 2,701 shares of the firm's stock in a transaction on Monday, September 8th. The stock was sold at an average price of $316.57, for a total value of $855,055.57. The disclosure for this sale can be found here. Insiders sold 11,945 shares of company stock worth $3,762,365 over the last quarter. Company insiders own 0.52% of the company's stock.

Hedge Funds Weigh In On F5

Institutional investors have recently modified their holdings of the stock. Whipplewood Advisors LLC grew its position in shares of F5 by 275.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 90 shares of the network technology company's stock valued at $26,000 after acquiring an additional 66 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of F5 by 134.1% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company's stock worth $27,000 after purchasing an additional 59 shares during the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of F5 by 275.0% during the 1st quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company's stock worth $28,000 after purchasing an additional 77 shares during the last quarter. Park Square Financial Group LLC acquired a new position in shares of F5 during the 4th quarter worth approximately $31,000. Finally, Groupe la Francaise acquired a new position in shares of F5 during the 1st quarter worth approximately $34,000. Hedge funds and other institutional investors 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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