Vestcor Inc Sells 3,714 Shares of F5, Inc. $FFIV

Vestcor Inc lowered its holdings in F5, Inc. (NASDAQ:FFIV) by 24.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,699 shares of the network technology company’s stock after selling 3,714 shares during the quarter. Vestcor Inc’s holdings in F5 were worth $3,781,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of F5 in the 2nd quarter valued at about $207,492,000. Victory Capital Management Inc. grew its holdings in F5 by 422.7% during the third quarter. Victory Capital Management Inc. now owns 347,125 shares of the network technology company’s stock worth $112,187,000 after purchasing an additional 280,719 shares during the period. Nordea Investment Management AB grew its holdings in F5 by 217.7% during the third quarter. Nordea Investment Management AB now owns 229,591 shares of the network technology company’s stock worth $74,142,000 after purchasing an additional 157,318 shares during the period. Assenagon Asset Management S.A. increased its position in F5 by 503.9% during the third quarter. Assenagon Asset Management S.A. now owns 163,525 shares of the network technology company’s stock worth $52,850,000 after buying an additional 136,445 shares during the last quarter. Finally, Barclays PLC raised its stake in F5 by 51.7% in the third quarter. Barclays PLC now owns 310,368 shares of the network technology company’s stock valued at $100,308,000 after buying an additional 105,738 shares during the period. 90.66% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Alan Higginson sold 1,770 shares of F5 stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $275.25, for a total transaction of $487,192.50. Following the transaction, the director owned 6,840 shares of the company’s stock, valued at $1,882,710. The trade was a 20.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Thomas Dean Fountain sold 3,343 shares of the company’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $261.87, for a total transaction of $875,431.41. Following the completion of the sale, the executive vice president directly owned 8,060 shares of the company’s stock, valued at $2,110,672.20. The trade was a 29.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 23,501 shares of company stock worth $6,415,370 over the last 90 days. Company insiders own 0.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on FFIV shares. Wall Street Zen cut F5 from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Morgan Stanley cut their price target on F5 from $336.00 to $296.00 and set an “equal weight” rating for the company in a report on Wednesday, December 17th. Needham & Company LLC reaffirmed a “hold” rating on shares of F5 in a research report on Wednesday, January 28th. Piper Sandler reiterated an “overweight” rating and issued a $325.00 price objective (up from $295.00) on shares of F5 in a report on Wednesday, January 28th. Finally, Weiss Ratings lowered shares of F5 from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, January 27th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $309.89.

F5 Stock Up 0.3%

Shares of NASDAQ:FFIV opened at $286.14 on Wednesday. The business has a fifty day simple moving average of $273.21 and a 200 day simple moving average of $280.27. The firm has a market cap of $16.17 billion, a P/E ratio of 23.67, a P/E/G ratio of 8.08 and a beta of 1.01. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $346.00.

F5 (NASDAQ:FFIV) last issued its quarterly earnings results on Tuesday, January 27th. The network technology company reported $4.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.82. F5 had a return on equity of 22.08% and a net margin of 22.45%.The firm had revenue of $822.47 million for the quarter, compared to analyst estimates of $755.97 million. During the same period in the previous year, the firm earned $3.84 earnings per share. The company’s revenue was up 7.3% compared to the same quarter last year. 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, equities research analysts expect that F5, Inc. will post 11.2 EPS for the current year.

F5 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.