Key Points
- NetScout COO Sanjay Munshi sold 2,000 shares on Dec. 3 at an average price of $27.23 for total proceeds of $54,460, reducing his stake by 24.23% to 6,254 shares; the trade was disclosed in an SEC Form 4 filing.
- NetScout beat expectations in its latest quarter with $0.62 EPS (vs. $0.45 est.) and $219.0M revenue (vs. $200.6M est.), reported 14.6% YoY revenue growth, and set FY2026 EPS guidance of $2.35–$2.45.
- Shares trade around $26.90 with a 52-week range of $18.12–$30.67; analysts have raised targets (e.g., RBC to $31, B. Riley $33) for a consensus target of about $32, and institutional investors own roughly 91.64% of the stock.
NetScout Systems, Inc. (NASDAQ:NTCT - Get Free Report) COO Sanjay Munshi sold 2,000 shares of the company's stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $27.23, for a total value of $54,460.00. Following the completion of the sale, the chief operating officer owned 6,254 shares of the company's stock, valued at approximately $170,296.42. This trade represents a 24.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
NetScout Systems Stock Down 0.3%
NASDAQ:NTCT opened at $26.90 on Friday. The business's 50-day moving average price is $26.78 and its 200 day moving average price is $24.73. NetScout Systems, Inc. has a 52-week low of $18.12 and a 52-week high of $30.67. The firm has a market cap of $1.94 billion, a P/E ratio of 22.05 and a beta of 0.66.
NetScout Systems (NASDAQ:NTCT - Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The technology company reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.17. The company had revenue of $219.02 million during the quarter, compared to the consensus estimate of $200.60 million. NetScout Systems had a net margin of 10.38% and a return on equity of 8.16%. NetScout Systems's revenue was up 14.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.47 EPS. NetScout Systems has set its FY 2026 guidance at 2.350-2.45 EPS and its FY 2026 guidance at 2.350-2.45 EPS. Sell-side analysts expect that NetScout Systems, Inc. will post 1.5 EPS for the current year.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC purchased a new stake in shares of NetScout Systems during the second quarter worth $27,000. Allworth Financial LP lifted its holdings in NetScout Systems by 1,857.1% in the 2nd quarter. Allworth Financial LP now owns 1,096 shares of the technology company's stock worth $27,000 after purchasing an additional 1,040 shares during the last quarter. Ransom Advisory Ltd bought a new stake in shares of NetScout Systems during the 1st quarter worth $34,000. Advisory Services Network LLC bought a new stake in NetScout Systems during the third quarter valued at about $35,000. Finally, EverSource Wealth Advisors LLC boosted its stake in NetScout Systems by 1,936.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,016 shares of the technology company's stock valued at $50,000 after purchasing an additional 1,917 shares during the period. Institutional investors and hedge funds own 91.64% of the company's stock.
Analysts Set New Price Targets
Several research analysts have issued reports on NTCT shares. Royal Bank Of Canada lifted their price target on shares of NetScout Systems from $26.00 to $31.00 and gave the stock a "sector perform" rating in a research report on Friday, November 7th. B. Riley began coverage on NetScout Systems in a research note on Tuesday, August 26th. They set a "buy" rating and a $33.00 price objective for the company. Finally, Weiss Ratings restated a "hold (c)" rating on shares of NetScout Systems in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, NetScout Systems presently has an average rating of "Moderate Buy" and a consensus target price of $32.00.
Check Out Our Latest Report on NetScout Systems
About NetScout Systems
(
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NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.
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