F5 (NASDAQ:FFIV) Hits New 12-Month High – Here’s Why

F5, Inc. (NASDAQ:FFIV)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $435.00 and last traded at $428.6250, with a volume of 6809 shares. The stock had previously closed at $431.26.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Piper Sandler raised their price target on shares of F5 from $356.00 to $423.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. Zacks Research raised shares of F5 from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 26th. Morgan Stanley increased their price objective on shares of F5 from $340.00 to $380.00 and gave the company an “equal weight” rating in a report on Wednesday, May 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of F5 in a research note on Friday, June 26th. Finally, Bank of America boosted their target price on F5 from $250.00 to $300.00 and gave the stock an “underperform” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $382.67.

F5 Stock Performance

The business has a 50 day simple moving average of $392.28 and a 200-day simple moving average of $321.73. The firm has a market capitalization of $23.77 billion, a price-to-earnings ratio of 34.61, a P/E/G ratio of 4.94 and a beta of 1.03.

F5 (NASDAQ:FFIV) last announced its quarterly earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share for the quarter, beating the consensus estimate of $3.47 by $0.43. F5 had a net margin of 21.96% and a return on equity of 21.50%. The firm had revenue of $811.70 million for the quarter, compared to analysts’ expectations of $783.82 million. During the same quarter in the previous year, the company posted $3.42 EPS. The company’s revenue was up 11.0% compared to the same quarter last year. 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 predict that F5, Inc. will post 12.78 earnings per share for the current fiscal year.

Insider Activity at F5

In other news, CEO Francois Locoh-Donou sold 3,783 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $337.39, for a total value of $1,276,346.37. Following the completion of the sale, the chief executive officer owned 146,989 shares of the company’s stock, valued at $49,592,618.71. This represents a 2.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Edward Cooper Werner sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $400.00, for a total transaction of $1,000,000.00. Following the sale, the chief financial officer owned 406 shares of the company’s stock, valued at $162,400. This represents a 86.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 22,579 shares of company stock valued at $7,836,860 over the last ninety days. Corporate insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FFIV. Millennium Management LLC lifted its stake in shares of F5 by 166.5% in the 1st quarter. Millennium Management LLC now owns 62,906 shares of the network technology company’s stock valued at $16,750,000 after purchasing an additional 39,305 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of F5 by 1,281.4% during the 1st quarter. NewEdge Advisors LLC now owns 967 shares of the network technology company’s stock worth $257,000 after purchasing an additional 897 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in F5 by 38.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 298,297 shares of the network technology company’s stock valued at $79,428,000 after buying an additional 82,835 shares during the period. Focus Partners Wealth purchased a new stake in F5 in the 1st quarter valued at about $257,000. Finally, Geneos Wealth Management Inc. lifted its position in F5 by 288.1% in the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock valued at $43,000 after buying an additional 121 shares during the last quarter. 90.66% of the stock is currently 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.