Investment Analysts’ Recent Ratings Changes for F5 (FFIV)

F5 (NASDAQ: FFIV) recently received a number of ratings updates from brokerages and research firms:

• 10/29/2024 – F5 was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 10/29/2024 – F5 had its price target raised by analysts at Royal Bank of Canada from $205.00 to $240.00. They now have a “sector perform” rating on the stock.
• 10/29/2024 – F5 had its price target raised by analysts at The Goldman Sachs Group, Inc. from $212.00 to $241.00. They now have a “neutral” rating on the stock.
• 10/29/2024 – F5 had its price target raised by analysts at JPMorgan Chase & Co. from $225.00 to $250.00. They now have a “neutral” rating on the stock.
• 10/29/2024 – F5 had its price target raised by analysts at Piper Sandler from $186.00 to $246.00. They now have a “neutral” rating on the stock.
• 10/29/2024 – F5 had its price target raised by analysts at Barclays PLC from $214.00 to $246.00. They now have an “equal weight” rating on the stock.
• 10/29/2024 – F5 had its price target raised by analysts at Morgan Stanley from $215.00 to $230.00. They now have an “equal weight” rating on the stock.
• 9/24/2024 – F5 had its price target raised by analysts at The Goldman Sachs Group, Inc. from $185.00 to $212.00. They now have a “neutral” rating on the stock.
• 9/10/2024 – F5 was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.

F5 Stock Down 0.4 %

Shares of F5 stock opened at $231.20 on Tuesday. The firm’s 50 day moving average price is $214.78 and its 200-day moving average price is $190.07. F5, Inc. has a 52-week low of $152.97 and a 52-week high of $250.46. The company has a market cap of $13.47 billion, a P/E ratio of 24.18, a PEG ratio of 3.17 and a beta of 1.05.

F5 (NASDAQ:FFIV) last released its earnings results on Monday, October 28th. The network technology company reported $3.67 earnings per share for the quarter, topping the consensus estimate of $3.45 by $0.22. The company had revenue of $747.00 million for the quarter, compared to the consensus estimate of $730.43 million. F5 had a net margin of 20.13% and a return on equity of 20.80%. F5’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.76 EPS. As a group, equities research analysts forecast that F5, Inc. will post 10.99 EPS for the current fiscal year.

Insider Buying and Selling at F5

In related news, CFO Francis J. Pelzer sold 500 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $196.73, for a total value of $98,365.00. Following the completion of the transaction, the chief financial officer now directly owns 31,125 shares in the company, valued at $6,123,221.25. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CFO Francis J. Pelzer sold 500 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $196.73, for a total value of $98,365.00. Following the completion of the transaction, the chief financial officer now directly owns 31,125 shares in the company, valued at $6,123,221.25. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Alan Higginson sold 1,000 shares of the business’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $201.65, for a total transaction of $201,650.00. Following the completion of the transaction, the director now owns 10,707 shares of the company’s stock, valued at approximately $2,159,066.55. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,250 shares of company stock worth $897,594. Company insiders own 0.58% of the company’s stock.

Institutional Investors Weigh In On F5

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Trust Direct Indexing L.P. increased its holdings in F5 by 2.9% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 2,030 shares of the network technology company’s stock worth $447,000 after acquiring an additional 58 shares in the last quarter. Simon Quick Advisors LLC increased its holdings in F5 by 4.9% in the 2nd quarter. Simon Quick Advisors LLC now owns 1,353 shares of the network technology company’s stock worth $233,000 after acquiring an additional 63 shares in the last quarter. Tocqueville Asset Management L.P. increased its holdings in F5 by 0.6% in the 1st quarter. Tocqueville Asset Management L.P. now owns 11,531 shares of the network technology company’s stock worth $2,186,000 after acquiring an additional 64 shares in the last quarter. Profund Advisors LLC increased its holdings in F5 by 6.3% in the 2nd quarter. Profund Advisors LLC now owns 1,185 shares of the network technology company’s stock worth $204,000 after acquiring an additional 70 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings in F5 by 0.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 28,231 shares of the network technology company’s stock worth $4,862,000 after acquiring an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 90.66% of the company’s stock.

F5, Inc provides multi-cloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region. The company’s distributed cloud services enable its customers to deploy, secure, and operate applications in any architecture, from on-premises to the public cloud.