F5 (NASDAQ:FFIV) Reaches New 1-Year High – Here’s What Happened

F5, Inc. (NASDAQ:FFIV) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $362.00 and last traded at $354.98, with a volume of 505200 shares trading hands. The stock had previously closed at $358.30.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Royal Bank Of Canada boosted their price target on shares of F5 from $345.00 to $375.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Needham & Company LLC restated a “hold” rating on shares of F5 in a research note on Wednesday, April 29th. Weiss Ratings upgraded shares of F5 from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 30th. Barclays raised their price target on shares of F5 from $283.00 to $292.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. raised their price target on shares of F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $316.44.

F5 Stock Down 0.9%

The company has a market capitalization of $20.03 billion, a PE ratio of 29.12, a price-to-earnings-growth ratio of 8.29 and a beta of 1.00. The business’s 50 day simple moving average is $302.13 and its 200 day simple moving average is $275.23.

F5 (NASDAQ:FFIV) last issued its earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share for the quarter, beating analysts’ consensus estimates of $3.47 by $0.43. F5 had a return on equity of 21.50% and a net margin of 21.96%.The company had revenue of $811.70 million for the quarter, compared to the consensus estimate of $783.82 million. During the same quarter in the prior year, the company earned $3.42 EPS. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. F5 has set its Q3 2026 guidance at 3.910-4.030 EPS and its FY 2026 guidance at 16.250-16.550 EPS. On average, analysts anticipate that F5, Inc. will post 12.71 earnings per share for the current fiscal year.

Insider Transactions at F5

In other F5 news, CTO Kunal Anand sold 3,123 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $322.33, for a total transaction of $1,006,636.59. Following the transaction, the chief technology officer owned 12,194 shares in the company, valued at $3,930,492.02. This trade represents a 20.39% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 Alan Higginson sold 1,770 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $275.25, for a total value of $487,192.50. Following the transaction, the director owned 6,840 shares in the company, valued at approximately $1,882,710. This trade represents a 20.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,328 shares of company stock valued at $9,319,571 in the last ninety days. 0.48% of the stock is currently owned by insiders.

Institutional Investors Weigh In On F5

Hedge funds and other institutional investors have recently modified their holdings of the stock. Hazlett Burt & Watson Inc. acquired a new stake in shares of F5 in the fourth quarter worth $26,000. Hantz Financial Services Inc. grew its stake in shares of F5 by 109.8% in the fourth quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock worth $27,000 after acquiring an additional 56 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in shares of F5 in the fourth quarter worth $28,000. Abich Financial Wealth Management LLC acquired a new stake in shares of F5 in the third quarter worth $37,000. Finally, SJS Investment Consulting Inc. grew its stake in shares of F5 by 963.6% in the first quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company’s stock worth $34,000 after acquiring an additional 106 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

F5 Company Profile

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.