F5 (NASDAQ:FFIV) Price Target Raised to $386.00 at Barclays

F5 (NASDAQ:FFIV) had its price target raised by Barclays from $292.00 to $386.00 in a research report sent to investors on Friday,Benzinga reports. Barclays currently has an equal weight rating on the network technology company’s stock.

Several other equities analysts have also recently issued reports on the company. Bank of America lifted their price objective on F5 from $250.00 to $300.00 and gave the company an “underperform” rating in a research note on Tuesday. Royal Bank Of Canada reiterated an “outperform” rating and issued a $425.00 price objective on shares of F5 in a research note on Friday. Piper Sandler lifted their price objective on F5 from $356.00 to $423.00 and gave the company an “overweight” rating in a research note on Friday. Needham & Company LLC reiterated a “hold” rating on shares of F5 in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. lifted their price objective on F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Six 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $379.89.

F5 Price Performance

Shares of F5 stock opened at $383.45 on Friday. The business has a 50-day moving average of $327.19 and a 200 day moving average of $285.86. F5 has a 12 month low of $223.76 and a 12 month high of $399.59. The stock has a market capitalization of $21.63 billion, a price-to-earnings ratio of 31.46, a price-to-earnings-growth ratio of 8.82 and a beta of 1.00.

F5 (NASDAQ:FFIV) last announced its earnings results 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. F5 had a return on equity of 21.50% and a net margin of 21.96%.The company had revenue of $811.70 million during the quarter, compared to analysts’ expectations of $783.82 million. During the same period last year, the business posted $3.42 EPS. F5’s revenue for the quarter 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. Equities research analysts anticipate that F5 will post 12.79 earnings per share for the current year.

Insider Buying and Selling at F5

In other news, CTO Kunal Anand sold 3,123 shares of the firm’s stock in a transaction dated 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 sale, the chief technology officer owned 12,194 shares of the company’s stock, valued at approximately $3,930,492.02. This trade represents a 20.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Edward Cooper Werner sold 1,500 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $350.00, for a total value of $525,000.00. Following the sale, the chief financial officer directly owned 2,906 shares in the company, valued at $1,017,100. This trade represents a 34.04% 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. In the last ninety days, insiders have sold 24,491 shares of company stock worth $7,966,227. 0.48% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On F5

Several hedge funds and other institutional investors have recently made changes to their positions in FFIV. Barclays PLC increased its position in F5 by 51.7% during the third quarter. Barclays PLC now owns 310,368 shares of the network technology company’s stock worth $100,308,000 after buying an additional 105,738 shares during the period. Convergence Investment Partners LLC increased its position in F5 by 128.1% during the third quarter. Convergence Investment Partners LLC now owns 7,931 shares of the network technology company’s stock worth $2,563,000 after buying an additional 4,454 shares during the period. Alberta Investment Management Corp increased its position in F5 by 173.3% during the third quarter. Alberta Investment Management Corp now owns 8,200 shares of the network technology company’s stock worth $2,650,000 after buying an additional 5,200 shares during the period. JPMorgan Chase & Co. increased its position in F5 by 11.5% during the third quarter. JPMorgan Chase & Co. now owns 381,350 shares of the network technology company’s stock worth $123,249,000 after buying an additional 39,445 shares during the period. Finally, HighTower Advisors LLC acquired a new position in F5 during the third quarter worth approximately $1,571,000. Institutional investors and hedge funds own 90.66% of the company’s stock.

About F5

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.