Key Points
- Director Christopher Perretta sold 10,000 shares on December 12 at an average price of $28.01 for a total of $280,100, cutting his stake by 19.66% to 40,866 shares (≈$1.145M), per the SEC filing.
- NetScout recently beat quarterly expectations with $0.62 EPS vs. $0.45 and revenue of $219.02M (up 14.6% YoY vs. $200.6M est.), and set FY2026 guidance of $2.35–$2.45 EPS.
- Stock metrics show a market cap of ~$2.0B and a P/E of 22.7, trading near $27.70 (52-week high $30.67); analyst consensus is a “Moderate Buy” with an average target of $32 and mixed broker ratings.
NetScout Systems, Inc. (NASDAQ:NTCT - Get Free Report) Director Christopher Perretta sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $28.01, for a total transaction of $280,100.00. Following the completion of the sale, the director directly owned 40,866 shares of the company's stock, valued at approximately $1,144,656.66. This represents a 19.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
NetScout Systems Stock Performance
NASDAQ:NTCT opened at $27.70 on Tuesday. The stock's fifty day moving average price is $26.94 and its two-hundred day moving average price is $24.93. NetScout Systems, Inc. has a 52-week low of $18.12 and a 52-week high of $30.67. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 22.70 and a beta of 0.66.
NetScout Systems (NASDAQ:NTCT - Get Free Report) last released its earnings results on Thursday, November 6th. The technology company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.45 by $0.17. NetScout Systems had a return on equity of 8.16% and a net margin of 10.38%.The company had revenue of $219.02 million during the quarter, compared to analysts' expectations of $200.60 million. During the same period last year, the firm earned $0.47 EPS. The business's revenue for the quarter was up 14.6% on a year-over-year basis. 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. On average, equities analysts predict that NetScout Systems, Inc. will post 1.5 EPS for the current fiscal year.
Institutional Trading of NetScout Systems
Several hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its position in shares of NetScout Systems by 15.8% in the first quarter. PNC Financial Services Group Inc. now owns 4,048 shares of the technology company's stock valued at $85,000 after acquiring an additional 553 shares during the period. Strs Ohio raised its stake in NetScout Systems by 1.9% in the 3rd quarter. Strs Ohio now owns 32,700 shares of the technology company's stock worth $845,000 after purchasing an additional 600 shares in the last quarter. Quantinno Capital Management LP raised its stake in NetScout Systems by 6.2% in the 2nd quarter. Quantinno Capital Management LP now owns 10,552 shares of the technology company's stock worth $262,000 after purchasing an additional 615 shares in the last quarter. Wedge Capital Management L L P NC boosted its holdings in NetScout Systems by 1.1% in the 2nd quarter. Wedge Capital Management L L P NC now owns 68,863 shares of the technology company's stock valued at $1,708,000 after purchasing an additional 781 shares during the period. Finally, Hsbc Holdings PLC grew its position in shares of NetScout Systems by 0.7% during the 2nd quarter. Hsbc Holdings PLC now owns 113,771 shares of the technology company's stock worth $2,824,000 after purchasing an additional 815 shares in the last quarter. 91.64% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages recently issued reports on NTCT. Weiss Ratings restated a "hold (c)" rating on shares of NetScout Systems in a report on Monday, December 8th. Royal Bank Of Canada upped their price objective on shares of NetScout Systems from $26.00 to $31.00 and gave the company a "sector perform" rating in a research report on Friday, November 7th. Finally, B. Riley initiated coverage on NetScout Systems in a research note on Tuesday, August 26th. They set a "buy" rating and a $33.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $32.00.
Check Out Our Latest Analysis on NTCT
NetScout Systems Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
