Shares of F5, Inc. (NASDAQ:FFIV - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $471.32 and last traded at $470.1210, with a volume of 16210 shares. The stock had previously closed at $458.53.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the company. Morgan Stanley lifted their price target on F5 from $380.00 to $415.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 28th. Barclays raised their target price on F5 from $386.00 to $397.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 28th. Needham & Company LLC reaffirmed a "hold" rating on shares of F5 in a report on Tuesday, July 28th. Wall Street Zen upgraded F5 from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Finally, Royal Bank Of Canada reissued an "outperform" rating on shares of F5 in a report on Thursday, July 16th. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $416.62.
Read Our Latest Report on FFIV
F5 Trading Up 1.7%
The firm has a fifty day simple moving average of $412.39 and a two-hundred day simple moving average of $378.96. The stock has a market cap of $26.40 billion, a PE ratio of 37.29, a PEG ratio of 4.30 and a beta of 1.03.
F5 (NASDAQ:FFIV - Get Free Report) last issued its quarterly earnings data on Monday, July 27th. The network technology company reported $4.73 EPS for the quarter, topping the consensus estimate of $4.00 by $0.73. The company had revenue of $865.08 million during the quarter, compared to analyst estimates of $834.60 million. F5 had a return on equity of 21.54% and a net margin of 21.95%.F5's revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.16 earnings per share. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. Equities analysts forecast that F5, Inc. will post 13.65 earnings per share for the current year.
Insider Transactions at F5
In other news, CEO Francois Locoh-Donou sold 3,782 shares of the firm's stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $412.44, for a total transaction of $1,559,848.08. Following the sale, the chief executive officer owned 146,989 shares in the company, valued at approximately $60,624,143.16. This trade represents a 2.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas Fountain sold 1,208 shares of the company's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $414.63, for a total transaction of $500,873.04. Following the completion of the transaction, the executive vice president owned 8,060 shares of the company's stock, valued at $3,341,917.80. This trade represents a 13.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 16,829 shares of company stock worth $6,815,302. Company insiders own 0.48% of the company's stock.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in FFIV. CX Institutional raised its position in F5 by 17.7% during the 3rd quarter. CX Institutional now owns 733 shares of the network technology company's stock valued at $326,000 after purchasing an additional 110 shares during the last quarter. QRG Capital Management Inc. increased its position in F5 by 14.5% during the 2nd quarter. QRG Capital Management Inc. now owns 1,474 shares of the network technology company's stock valued at $613,000 after buying an additional 187 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in F5 by 14.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 22,144 shares of the network technology company's stock valued at $9,211,000 after purchasing an additional 2,814 shares during the last quarter. National Pension Service raised its holdings in F5 by 10.5% in the 2nd quarter. National Pension Service now owns 14,091 shares of the network technology company's stock worth $5,861,000 after acquiring an additional 1,341 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of F5 in the second quarter worth approximately $459,000. 90.66% of the stock is owned by hedge funds and other institutional investors.
F5 Company Profile
(
Get Free Report)
F5, Inc develops application delivery, security and management technologies that help organizations deploy, protect and optimize applications across data centers, public clouds, edge environments and distributed networks. Its offerings are designed to support application availability, performance, scalability and security across hybrid and multi-cloud architectures.
The company's portfolio includes BIG-IP application delivery and security solutions, NGINX web and application delivery technologies, and F5 Distributed Cloud services.
Further Reading
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