New York State Teachers Retirement System Sells 3,930 Shares of F5, Inc. $FFIV

Key Points

• New York State Teachers Retirement System sold 3,930 shares of F5, reducing its stake by 7.7% to 46,795 shares valued at approximately $11.95 million.
• Company insiders have sold a total of 13,309 shares worth $3.74 million in the last 90 days (including Director Michael Dreyer and CFO Edward Cooper Werner); insiders now own 0.48% while institutional investors hold 90.66% of the stock.
• F5 beat quarterly estimates with $3.90 EPS (vs. $3.47 expected) and $811.7M revenue, set Q3 and FY2026 EPS guidance, but analysts' consensus remains a "Hold" with an average price target of $316.44.

New York State Teachers Retirement System lowered its stake in shares of F5, Inc. (NASDAQ:FFIV - Free Report) by 7.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 46,795 shares of the network technology company's stock after selling 3,930 shares during the period. New York State Teachers Retirement System owned approximately 0.08% of F5 worth $11,945,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of FFIV. UBS Group AG lifted its stake in F5 by 141.2% during the 4th quarter. UBS Group AG now owns 1,023,869 shares of the network technology company's stock valued at $261,353,000 after acquiring an additional 599,384 shares during the period. M&T Bank Corp increased its position in shares of F5 by 17,181.1% during the 4th quarter. M&T Bank Corp now owns 309,158 shares of the network technology company's stock valued at $78,916,000 after purchasing an additional 307,369 shares during the last quarter. Caisse de depot et placement du Quebec increased its position in shares of F5 by 169.2% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 462,740 shares of the network technology company's stock valued at $149,553,000 after purchasing an additional 290,828 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of F5 by 422.7% during the 3rd quarter. Victory Capital Management Inc. now owns 347,125 shares of the network technology company's stock valued at $112,187,000 after purchasing an additional 280,719 shares during the last quarter. Finally, Nordea Investment Management AB increased its position in shares of F5 by 217.7% during the 3rd quarter. Nordea Investment Management AB now owns 229,591 shares of the network technology company's stock valued at $74,142,000 after purchasing an additional 157,318 shares during the last quarter. Institutional investors own 90.66% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on FFIV. Barclays upped their price target on shares of F5 from $283.00 to $292.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 29th. Royal Bank Of Canada upped their price target on shares of F5 from $345.00 to $375.00 and gave the company an "outperform" rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. upped their price target on shares of F5 from $355.00 to $365.00 and gave the company an "overweight" rating in a research report on Wednesday, April 29th. Piper Sandler reaffirmed an "overweight" rating on shares of F5 in a research report on Wednesday, April 29th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of F5 in a research report on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, F5 presently has a consensus rating of "Hold" and an average price target of $316.44.

Insider Buying and Selling

In related news, Director Michael L. Dreyer sold 3,067 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $282.41, for a total value of $866,151.47. Following the completion of the sale, the director directly owned 1,309 shares of the company's stock, valued at approximately $369,674.69. This represents a 70.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Edward Cooper Werner sold 969 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $282.20, for a total transaction of $273,451.80. Following the completion of the sale, the chief financial officer directly owned 5,305 shares of the company's stock, valued at $1,497,071. This represents a 15.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 13,309 shares of company stock worth $3,736,061 in the last ninety days. Corporate insiders own 0.48% of the company's stock.

F5 Trading Up 2.1%

F5 stock opened at $329.93 on Tuesday. The firm has a 50 day moving average of $293.21 and a 200 day moving average of $273.31. The firm has a market capitalization of $18.65 billion, a price-to-earnings ratio of 27.07, a P/E/G ratio of 7.53 and a beta of 1.00. F5, Inc. has a 12-month low of $223.76 and a 12-month high of $346.00.

F5 (NASDAQ:FFIV - Get Free Report) last released its earnings results on Tuesday, April 28th. The network technology company reported $3.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.47 by $0.43. The company had revenue of $811.70 million during the quarter, compared to analyst estimates of $783.82 million. F5 had a net margin of 21.96% and a return on equity of 21.50%. The firm's quarterly 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. On average, analysts predict that F5, Inc. will post 12.62 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.

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