F5 chief technology ops officer Montoya sells $427,599 in stock

Chief Technology Ops Officer at F5, Inc., Michael F. Montoya, sold $427,599 worth of the company's common stock on November 4, 2026. F5 shares had dropped about 8% over the previous week, reaching $311.74 per share, although InvestingPro analysts believe the stock is currently undervalued. The sale comprised 1,297 shares acquired through multiple transactions, with prices fluctuating between $326.89 and $336.65.

Specifically, Montoya sold 120 shares priced between $326.89 and $327.63, 560 shares priced between $328.17 and $329.12, and 337 shares priced between $329.24 and $329.82. Additional sales included 80 shares priced between $330.53 and $330.65, 80 shares priced between $332.96 and $333.11, and another 80 shares priced between $334.37 and $334.54.

A final block of 40 shares was sold at $336.65, executed under a pre-established Rule 10b5-1 trading plan. Following these transactions, Montoya personally holds 1,309 shares of F5, Inc. stock.

Recent news highlighted F5 Networks' strong fiscal fourth-quarter 2026 results, which exceeded Wall Street's expectations. The company reported $917 million in revenue and adjusted earnings per share of $4.42, surpassing forecasts of $884 million in revenue and $4.26 in earnings per share. Revenue growth was 13% year over year, with product revenue increasing by 23%.

Despite these positive figures, F5 Networks' stock experienced a decline after hours, as investors appeared to anticipate even better guidance. In response to these developments, Evercore ISI raised its price target for F5 Networks to $500 and maintained an Outperform rating, citing F5's growth in AI and other areas. Conversely, Piper Sandler downgraded the stock to Neutral from Overweight, expressing valuation concerns while retaining a price target of $461.

Both firms acknowledged F5 Networks' growth in hybrid multi-cloud adoption and security needs, and the company's total revenue for fiscal 2026 reached approximately $3.4 billion, marking an 11% increase from the prior year.