F5 (NASDAQ:FFIV) Reaches New 52-Week High Following Analyst Upgrade

F5, Inc. (NASDAQ:FFIVGet Free Report) shares hit a new 52-week high on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $412.43 and last traded at $408.2960, with a volume of 72120 shares trading hands. The stock had previously closed at $394.53.

Other analysts have also recently issued research reports about the company. Royal Bank Of Canada lifted their target price on F5 from $425.00 to $450.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 9th. Barclays raised their price target on F5 from $292.00 to $386.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Bank of America lifted their price target on F5 from $250.00 to $300.00 and gave the stock an “underperform” rating in a research report on Tuesday, May 26th. Morgan Stanley boosted their price objective on F5 from $340.00 to $380.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 20th. Finally, JPMorgan Chase & Co. increased their price objective on F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, F5 currently has an average rating of “Moderate Buy” and an average price target of $382.67.

View Our Latest Report on FFIV

Insider Buying and Selling at F5

In related news, CEO Francois Locoh-Donou sold 3,783 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $337.39, for a total value of $1,276,346.37. Following the transaction, the chief executive officer owned 146,989 shares in the company, valued at $49,592,618.71. The trade was a 2.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elizabeth Buse sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $399.35, for a total value of $399,350.00. Following the sale, the director directly owned 4,947 shares of the company’s stock, valued at approximately $1,975,584.45. This represents a 16.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 22,579 shares of company stock valued at $7,836,860. Corporate insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On F5

Several large investors have recently modified their holdings of FFIV. Pinnacle Wealth Management Advisory Group LLC grew its position in F5 by 2.6% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,447 shares of the network technology company’s stock valued at $419,000 after buying an additional 36 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of F5 by 3.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,190 shares of the network technology company’s stock worth $309,000 after acquiring an additional 39 shares during the period. Pacific Sage Partners LLC lifted its stake in shares of F5 by 0.6% in the 4th quarter. Pacific Sage Partners LLC now owns 7,122 shares of the network technology company’s stock worth $1,818,000 after acquiring an additional 40 shares during the period. Meiji Yasuda Asset Management Co Ltd. boosted its holdings in shares of F5 by 4.4% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 968 shares of the network technology company’s stock valued at $247,000 after acquiring an additional 41 shares in the last quarter. Finally, Coldstream Capital Management Inc. boosted its holdings in shares of F5 by 4.5% in the third quarter. Coldstream Capital Management Inc. now owns 1,047 shares of the network technology company’s stock valued at $338,000 after acquiring an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 90.66% of the company’s stock.

F5 Price Performance

The business’s 50 day moving average price is $370.86 and its 200-day moving average price is $310.42. The firm has a market capitalization of $23.47 billion, a price-to-earnings ratio of 34.12, a price-to-earnings-growth ratio of 4.82 and a beta of 1.04.

F5 (NASDAQ:FFIVGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The network technology company reported $3.90 EPS for the quarter, beating analysts’ consensus estimates of $3.47 by $0.43. The firm had revenue of $811.70 million during the quarter, compared to the consensus estimate of $783.82 million. F5 had a net margin of 21.96% and a return on equity of 21.50%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm earned $3.42 earnings per share. F5 has set its Q3 2026 guidance at 3.910-4.030 EPS and its FY 2026 guidance at 16.250-16.550 EPS. As a group, analysts expect that F5, Inc. will post 12.78 earnings per share for the current fiscal year.

About F5

(Get Free Report)

F5 Inc (NASDAQ:FFIV) specializes in application services and delivery networking, helping organizations ensure the availability, performance and security of their applications. The company’s core offerings include advanced load balancing, traffic management and application security solutions designed to optimize user experiences and protect against threats such as distributed denial-of-service (DDoS) attacks and web application exploits.

At the heart of F5’s product portfolio is the BIG-IP platform, which provides a suite of software modules for local and global traffic management, secure web application firewalling and DNS service delivery.

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