Robeco Institutional Asset Management B.V. boosted its position in shares of NetScout Systems, Inc. (NASDAQ:NTCT – Free Report) by 51.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 805,350 shares of the technology company’s stock after purchasing an additional 274,483 shares during the period. Robeco Institutional Asset Management B.V. owned about 1.12% of NetScout Systems worth $20,802,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in NTCT. Royal Bank of Canada raised its holdings in shares of NetScout Systems by 23.3% in the first quarter. Royal Bank of Canada now owns 51,798 shares of the technology company’s stock worth $1,088,000 after buying an additional 9,802 shares during the period. AQR Capital Management LLC grew its position in NetScout Systems by 4.1% in the 1st quarter. AQR Capital Management LLC now owns 444,318 shares of the technology company’s stock valued at $9,335,000 after acquiring an additional 17,453 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in NetScout Systems by 5.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,377 shares of the technology company’s stock worth $869,000 after purchasing an additional 2,036 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of NetScout Systems by 17.1% during the first quarter. Goldman Sachs Group Inc. now owns 1,420,479 shares of the technology company’s stock worth $29,844,000 after purchasing an additional 207,807 shares during the last quarter. Finally, Caxton Associates LLP purchased a new stake in shares of NetScout Systems during the first quarter valued at $492,000. Institutional investors own 91.64% of the company’s stock.
Insider Transactions at NetScout Systems
In related news, EVP John Downing sold 3,000 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $30.00, for a total transaction of $90,000.00. Following the completion of the sale, the executive vice president directly owned 135,494 shares in the company, valued at $4,064,820. This represents a 2.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Christopher Perretta sold 10,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $28.01, for a total value of $280,100.00. Following the sale, the director directly owned 40,866 shares in the company, valued at approximately $1,144,656.66. The trade was a 19.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 18,000 shares of company stock valued at $507,960. Corporate insiders own 3.82% of the company’s stock.
NetScout Systems Stock Performance
NetScout Systems (NASDAQ:NTCT – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.17. The company had revenue of $219.02 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company posted $0.47 earnings per share. 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. Equities analysts expect that NetScout Systems, Inc. will post 1.5 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several research analysts recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NetScout Systems in a research note on Monday, December 29th. Royal Bank Of Canada reduced their target price on shares of NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Monday. One equities research 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, the stock has a consensus rating of “Moderate Buy” and an average price target of $31.00.
Get Our Latest Stock Report on NetScout Systems
About NetScout Systems
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.
See Also
- Five stocks we like better than NetScout Systems
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- This stock gets a 94 out of 100
- First Time Since 2007: All Warnings Active
- Executive Order 14330: Trump’s Biggest Yet
Receive News & Ratings for NetScout Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NetScout Systems and related companies with MarketBeat.com's FREE daily email newsletter.
