F5 (NASDAQ:FFIV) Price Target Lowered to $315.00 at Royal Bank Of Canada

F5 (NASDAQ:FFIV) had its target price reduced by Royal Bank Of Canada from $350.00 to $315.00 in a research report report published on Tuesday morning, MarketBeat.com reports. They currently have a sector perform rating on the network technology company’s stock.

Several other research firms have also commented on FFIV. Morgan Stanley lowered their price target on shares of F5 from $352.00 to $336.00 and set an “equal weight” rating on the stock in a report on Tuesday. Bank of America decreased their price objective on F5 from $260.00 to $250.00 and set an “underperform” rating for the company in a report on Tuesday. Wall Street Zen cut F5 from a “strong-buy” rating to a “buy” rating in a report on Friday, October 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of F5 in a research report on Wednesday, October 8th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of F5 in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $295.56.

F5 Trading Down 7.9%

FFIV opened at $267.58 on Tuesday. F5 has a 12-month low of $227.04 and a 12-month high of $346.00. The firm has a market capitalization of $15.37 billion, a PE ratio of 22.66, a P/E/G ratio of 3.19 and a beta of 1.06. The firm has a 50 day moving average of $318.81 and a two-hundred day moving average of $299.87.

F5 (NASDAQ:FFIV) last released its quarterly earnings data on Monday, October 27th. The network technology company reported $4.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.96 by $0.43. The firm had revenue of $810.09 million for the quarter, compared to analyst estimates of $794.06 million. F5 had a net margin of 22.42% and a return on equity of 22.17%. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.67 earnings per share. F5 has set its FY 2026 guidance at 14.500-15.500 EPS. Q1 2026 guidance at 3.350-3.850 EPS. As a group, analysts predict that F5 will post 11.2 EPS for the current fiscal year.

Insiders Place Their Bets

In other F5 news, insider Lyra Amber Schramm sold 2,701 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $316.57, for a total value of $855,055.57. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Francois Locoh-Donou sold 1,300 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $320.61, for a total value of $416,793.00. Following the completion of the sale, the chief executive officer directly owned 107,553 shares in the company, valued at approximately $34,482,567.33. The trade was a 1.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,945 shares of company stock valued at $3,796,542 in the last three months. 0.52% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On F5

A number of large investors have recently added to or reduced their stakes in FFIV. Norges Bank acquired a new position in F5 during the second quarter worth $207,492,000. Hotchkis & Wiley Capital Management LLC increased its stake in shares of F5 by 6.2% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 5,387,700 shares of the network technology company’s stock worth $1,434,583,000 after purchasing an additional 312,415 shares in the last quarter. Pacer Advisors Inc. increased its stake in shares of F5 by 659.3% during the first quarter. Pacer Advisors Inc. now owns 316,992 shares of the network technology company’s stock worth $84,405,000 after purchasing an additional 275,244 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in F5 by 40.8% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 789,283 shares of the network technology company’s stock worth $232,302,000 after buying an additional 228,790 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in F5 by 37.5% in the 1st quarter. AQR Capital Management LLC now owns 828,900 shares of the network technology company’s stock worth $216,757,000 after buying an additional 226,231 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

About F5

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.