F5 (NASDAQ:FFIV – Free Report) had its target price raised by Royal Bank Of Canada from $508.00 to $525.00 in a research note issued to investors on Monday, MarketBeat reports. Royal Bank Of Canada currently has an outperform rating on the network technology company’s stock.
A number of other research analysts have also recently weighed in on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of F5 in a research report on Tuesday, July 28th. Barclays increased their price objective on shares of F5 from $386.00 to $397.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 28th. Zacks Research lowered shares of F5 from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Wall Street Zen raised shares of F5 from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, Piper Sandler restated an “overweight” rating and set a $461.00 target price (up from $423.00) on shares of F5 in a report on Tuesday, July 28th. Five equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, F5 presently has an average rating of “Hold” and an average target price of $426.00.
View Our Latest Report on FFIV
F5 Price Performance
F5 (NASDAQ:FFIV – Get Free Report) last released its quarterly earnings data on Monday, July 27th. The network technology company reported $4.73 earnings per share for the quarter, beating the consensus estimate of $4.00 by $0.73. The business had revenue of $865.08 million for 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%. The company’s revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the company posted $4.16 EPS. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. As a group, research analysts anticipate that F5 will post 13.65 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider John Maddison sold 204 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $406.24, for a total transaction of $82,872.96. Following the transaction, the insider directly owned 1,149 shares of the company’s stock, valued at approximately $466,769.76. The trade was a 15.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Michael F. Montoya sold 4,426 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $410.16, for a total value of $1,815,368.16. Following the completion of the transaction, the chief technology officer owned 1,309 shares of the company’s stock, valued at approximately $536,899.44. This represents a 77.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 16,829 shares of company stock valued at $6,815,302. Company insiders own 0.48% of the company’s stock.
Institutional Trading of F5
A number of hedge funds have recently made changes to their positions in FFIV. BlackRock Inc. purchased a new stake in F5 during the 2nd quarter worth $2,611,637,000. Jericho Capital Asset Management L.P. acquired a new position in F5 in the 4th quarter worth $579,699,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in F5 by 24.8% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 726,844 shares of the network technology company’s stock worth $302,338,000 after buying an additional 144,534 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in F5 by 0.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 603,086 shares of the network technology company’s stock worth $174,463,000 after buying an additional 4,296 shares in the last quarter. Finally, William Blair Investment Management LLC purchased a new position in F5 in the 2nd quarter valued at about $243,865,000. Hedge funds and other institutional investors own 90.66% of the company’s stock.
F5 Company Profile
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.
See Also
- Five stocks we like better than F5
- Salesforce Just Got a Rare Double Upgrade—What Changed?
- OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
- China Still Dominates Rare Earths—These 3 U.S. Companies Could Benefit
- 3 REITs That May Win in a Higher Interest Rate Environment
Receive News & Ratings for F5 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F5 and related companies with MarketBeat.com's FREE daily email newsletter.
