F5 (NASDAQ:FFIV) Price Target Raised to $355.00 at JPMorgan Chase & Co.

F5 (NASDAQ:FFIV) had its price objective upped by JPMorgan Chase & Co. from $345.00 to $355.00 in a research note released on Thursday,Benzinga reports. The brokerage currently has an overweight rating on the network technology company’s stock.

FFIV has been the topic of several other reports. The Goldman Sachs Group increased their target price on shares of F5 from $285.00 to $320.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Piper Sandler reissued an “overweight” rating and set a $325.00 target price (up from $295.00) on shares of F5 in a research report on Wednesday, January 28th. Royal Bank Of Canada increased their target price on shares of F5 from $325.00 to $345.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Barclays increased their target price on shares of F5 from $267.00 to $283.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 28th. Finally, Zacks Research raised shares of F5 from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Six investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, F5 has a consensus rating of “Hold” and a consensus target price of $311.00.

F5 Trading Up 3.0%

NASDAQ FFIV opened at $308.06 on Thursday. F5 has a 1-year low of $223.76 and a 1-year high of $346.00. The company has a market capitalization of $17.41 billion, a PE ratio of 25.48, a price-to-earnings-growth ratio of 8.36 and a beta of 0.93. The firm’s fifty day simple moving average is $286.19 and its 200-day simple moving average is $275.60.

F5 (NASDAQ:FFIV) last posted its earnings results on Tuesday, January 27th. The network technology company reported $4.45 EPS for the quarter, topping the consensus estimate of $3.63 by $0.82. The firm had revenue of $822.47 million for the quarter, compared to the consensus estimate of $755.97 million. F5 had a net margin of 22.45% and a return on equity of 22.08%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $3.84 earnings per share. F5 has set its Q2 2026 guidance at 3.340-3.460 EPS and its FY 2026 guidance at 15.650-16.050 EPS. As a group, analysts predict that F5 will post 11.2 EPS for the current year.

Insider Activity at F5

In other F5 news, CEO Francois Locoh-Donou sold 3,755 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $283.53, for a total transaction of $1,064,655.15. Following the completion of the sale, the chief executive officer directly owned 150,323 shares in the company, valued at $42,621,080.19. This represents a 2.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alan Higginson sold 1,770 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $275.25, for a total transaction of $487,192.50. Following the sale, the director owned 6,840 shares of the company’s stock, valued at $1,882,710. This trade represents a 20.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 17,961 shares of company stock valued at $4,959,115. 0.48% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On F5

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in F5 by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 7,357,293 shares of the network technology company’s stock valued at $1,878,023,000 after acquiring an additional 114,533 shares during the period. State Street Corp lifted its stake in shares of F5 by 1.7% in the third quarter. State Street Corp now owns 3,226,326 shares of the network technology company’s stock valued at $1,042,716,000 after buying an additional 53,712 shares during the period. First Trust Advisors LP lifted its stake in shares of F5 by 68.5% in the fourth quarter. First Trust Advisors LP now owns 2,753,652 shares of the network technology company’s stock valued at $702,897,000 after buying an additional 1,119,291 shares during the period. Jericho Capital Asset Management L.P. bought a new stake in shares of F5 in the fourth quarter valued at about $579,699,000. Finally, Invesco Ltd. lifted its stake in shares of F5 by 7.5% in the fourth quarter. Invesco Ltd. now owns 1,537,680 shares of the network technology company’s stock valued at $392,508,000 after buying an additional 106,616 shares during the period. 90.66% of the stock is currently owned by institutional investors.

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.