Vestcor Inc Sells 5,198 Shares of F5, Inc. $FFIV

Vestcor Inc trimmed its position in shares of F5, Inc. (NASDAQ:FFIV) by 44.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,501 shares of the network technology company’s stock after selling 5,198 shares during the period. Vestcor Inc’s holdings in F5 were worth $1,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of FFIV. Millennium Management LLC raised its stake in F5 by 166.5% during the first quarter. Millennium Management LLC now owns 62,906 shares of the network technology company’s stock valued at $16,750,000 after purchasing an additional 39,305 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of F5 by 1,281.4% in the 1st quarter. NewEdge Advisors LLC now owns 967 shares of the network technology company’s stock worth $257,000 after buying an additional 897 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of F5 by 38.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 298,297 shares of the network technology company’s stock worth $79,428,000 after buying an additional 82,835 shares in the last quarter. Focus Partners Wealth bought a new stake in shares of F5 in the 1st quarter worth about $257,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of F5 by 288.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock worth $43,000 after buying an additional 121 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors.

F5 Stock Performance

F5 stock opened at $393.35 on Monday. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $411.52. The firm has a 50-day moving average price of $338.41 and a 200-day moving average price of $292.04. The firm has a market capitalization of $22.19 billion, a PE ratio of 32.27, a price-to-earnings-growth ratio of 9.05 and a beta of 1.04.

F5 (NASDAQ:FFIV) last issued its quarterly earnings results on Tuesday, April 28th. The network technology company reported $3.90 EPS for the quarter, beating the consensus estimate of $3.47 by $0.43. The company had revenue of $811.70 million for the quarter, compared to the consensus estimate of $783.82 million. F5 had a net margin of 21.96% and a return on equity of 21.50%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.42 EPS. F5 has set its Q3 2026 guidance at 3.910-4.030 EPS and its FY 2026 guidance at 16.250-16.550 EPS. As a group, sell-side analysts predict that F5, Inc. will post 12.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on FFIV. Weiss Ratings raised shares of F5 from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 30th. Needham & Company LLC reissued a “hold” rating on shares of F5 in a research note on Wednesday, April 29th. Bank of America upped their price objective on F5 from $250.00 to $300.00 and gave the company an “underperform” rating in a research report on Tuesday, May 26th. JPMorgan Chase & Co. raised their price objective on F5 from $355.00 to $365.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Evercore upgraded F5 from an “in-line” rating to an “outperform” rating and set a $475.00 target price for the company in a report on Monday, May 18th. Six equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, F5 has an average rating of “Hold” and a consensus price target of $379.89.

Insider Activity

In related news, CTO Kunal Anand sold 3,123 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $322.33, for a total transaction of $1,006,636.59. Following the completion of the transaction, the chief technology officer owned 12,194 shares in the company, valued at $3,930,492.02. The trade was a 20.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Edward Cooper Werner sold 2,500 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $400.00, for a total value of $1,000,000.00. Following the completion of the transaction, the chief financial officer directly owned 406 shares in the company, valued at $162,400. This trade represents a 86.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 21,579 shares of company stock valued at $7,437,510. 0.48% of the stock is currently owned by corporate insiders.

About F5

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.