Key Points
- Director Michael Szabados sold 4,000 NetScout shares at an average price of $37.70, worth $150,800, reducing his position by 8.76% to 41,654 shares.
- NetScout reported quarterly EPS of $0.52, beating estimates by $0.14, while revenue rose 12.7% year over year to $210.42 million. The company issued fiscal 2027 EPS guidance of $2.65–$2.80.
- Analyst sentiment is generally positive, with recent upgrades to “strong buy” and MarketBeat’s average rating at “Moderate Buy” with a $38.00 price target; institutional investors own 91.64% of the stock.
NetScout Systems, Inc. (NASDAQ:NTCT - Get Free Report) Director Michael Szabados sold 4,000 shares of the firm's stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $37.70, for a total value of $150,800.00. Following the completion of the sale, the director directly owned 41,654 shares of the company's stock, valued at $1,570,355.80. The trade was a 8.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
NetScout Systems Stock Performance
Shares of NTCT opened at $38.50 on Thursday. NetScout Systems, Inc. has a fifty-two week low of $23.86 and a fifty-two week high of $45.28. The firm's 50-day simple moving average is $40.58 and its two-hundred day simple moving average is $36.45. The stock has a market cap of $2.80 billion, a PE ratio of 23.48 and a beta of 0.69.
NetScout Systems (NASDAQ:NTCT - Get Free Report) last issued its earnings results on Thursday, August 6th. The technology company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.14. NetScout Systems had a net margin of 13.71% and a return on equity of 9.25%. The business had revenue of $210.42 million during the quarter, compared to analysts' expectations of $196.17 million. During the same period in the previous year, the company earned $0.34 earnings per share. The business's revenue for the quarter was up 12.7% compared to the same quarter last year. NetScout Systems has set its FY 2027 guidance at 2.650-2.800 EPS. Equities research analysts predict that NetScout Systems, Inc. will post 2.15 EPS for the current year.
Analyst Ratings Changes
Several brokerages have recently weighed in on NTCT. Weiss Ratings upgraded shares of NetScout Systems from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, August 13th. Zacks Research raised NetScout Systems from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 19th. Wall Street Zen raised NetScout Systems from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 8th. Finally, Royal Bank Of Canada raised their price objective on shares of NetScout Systems from $29.00 to $38.00 and gave the company a "sector perform" rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $38.00.
Check Out Our Latest Analysis on NTCT
Institutional Trading of NetScout Systems
A number of institutional investors have recently bought and sold shares of the stock. ProShare Advisors LLC grew its stake in NetScout Systems by 3.3% during the fourth quarter. ProShare Advisors LLC now owns 13,587 shares of the technology company's stock worth $368,000 after buying an additional 437 shares in the last quarter. IFP Advisors Inc increased its stake in shares of NetScout Systems by 147.2% in the 4th quarter. IFP Advisors Inc now owns 1,011 shares of the technology company's stock valued at $27,000 after purchasing an additional 602 shares during the last quarter. Quantinno Capital Management LP raised its holdings in shares of NetScout Systems by 6.2% during the 2nd quarter. Quantinno Capital Management LP now owns 10,552 shares of the technology company's stock worth $262,000 after buying an additional 615 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of NetScout Systems by 14.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,883 shares of the technology company's stock worth $132,000 after buying an additional 618 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of NetScout Systems by 92.8% during the 4th quarter. Farther Finance Advisors LLC now owns 1,290 shares of the technology company's stock worth $35,000 after buying an additional 621 shares during the last quarter. 91.64% of the stock is currently owned by institutional investors.
NetScout Systems Company Profile
(
Get Free Report)
NetScout Systems, Inc is a leading provider of network performance management, service assurance and cybersecurity solutions. The company designs and delivers hardware and software platforms that capture and analyze real-time and historical packet data, enabling IT teams and service providers to monitor application performance, troubleshoot network issues and defend against distributed denial-of-service (DDoS) attacks. NetScout's flagship offerings include the nGeniusONE service assurance platform and the InfiniStream packet broker, which together provide end-to-end visibility across hybrid and multi-cloud environments.
Founded in 1984 and headquartered in Westford, Massachusetts, NetScout has built a reputation for scalable and resilient monitoring infrastructure.
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