New insider activity at F5 Networks ( (FFIV) ) has taken place on February 5, 2025.
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CPO Lyra Amber Schramm recently sold 253 shares of F5 Networks, amounting to a transaction value of $75,206.
Recent Updates on FFIV stock
F5 Networks has seen recent developments including a significant price target revision by BofA, which raised its target from $180 to $260 while maintaining an Underperform rating. This change comes after F5’s impressive Q1 performance, which showed strong revenue growth across product lines, especially in software subscriptions. The optimism is partly due to F5’s successful transition towards a subscription-based model and its strategic wins in competitive displacements. However, the revised target also takes into account that some growth drivers are temporary, and the company’s valuation has returned to historical highs. Additionally, RBC Capital increased its price target for F5 to $310, reflecting confidence in F5’s growth trajectory despite potential revenue pull-forward risks and uncertain future expansion rates. The company’s forward-looking guidance suggests strong expansion trends and a promising outlook, especially in AI opportunities.
More about F5 Networks
YTD Price Performance: 17.26%
Average Trading Volume: 550,518
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $17.3B