F5 (NASDAQ:FFIV) Reaches New 12-Month High – Here’s What Happened

F5, Inc. (NASDAQ:FFIV)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $428.79 and last traded at $427.75, with a volume of 23526 shares traded. The stock had previously closed at $419.14.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Barclays boosted their price objective on shares of F5 from $292.00 to $386.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. JPMorgan Chase & Co. lifted their target price on shares of F5 from $355.00 to $365.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Weiss Ratings reiterated a “buy (b-)” rating on shares of F5 in a research report on Friday, June 26th. Morgan Stanley raised their price objective on shares of F5 from $340.00 to $380.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 20th. Finally, Royal Bank Of Canada lifted their price objective on F5 from $425.00 to $450.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, F5 has a consensus rating of “Moderate Buy” and an average target price of $382.67.

F5 Stock Performance

The business has a 50-day moving average of $388.51 and a 200 day moving average of $318.99. The stock has a market cap of $24.28 billion, a PE ratio of 35.31, a PEG ratio of 5.05 and a beta of 1.03.

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

Insider Buying and Selling

In other F5 news, CTO Kunal Anand sold 3,123 shares of the stock in a transaction 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 of the company’s stock, valued at $3,930,492.02. This represents a 20.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Francois Locoh-Donou sold 3,783 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer owned 146,989 shares in the company, valued at $49,592,618.71. This trade represents a 2.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 22,579 shares of company stock worth $7,836,860 in the last three months. 0.48% of the stock is currently owned by insiders.

Institutional Investors Weigh In On F5

Several hedge funds have recently modified their holdings of the stock. Hazlett Burt & Watson Inc. acquired a new position in F5 during the fourth quarter worth approximately $26,000. Hantz Financial Services Inc. grew its stake in shares of F5 by 109.8% during the 4th quarter. Hantz Financial Services Inc. now owns 107 shares of the network technology company’s stock valued at $27,000 after buying an additional 56 shares during the period. Elyxium Wealth LLC acquired a new stake in shares of F5 during the 4th quarter worth $28,000. SJS Investment Consulting Inc. raised its position in shares of F5 by 963.6% in the 1st quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company’s stock worth $34,000 after buying an additional 106 shares during the period. Finally, Elevation Wealth Partners LLC raised its position in shares of F5 by 373.1% in the 2nd quarter. Elevation Wealth Partners LLC now owns 123 shares of the network technology company’s stock worth $51,000 after buying an additional 97 shares during the period. 90.66% of the stock is owned by institutional investors and hedge funds.

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.