Sierra Summit Advisors LLC Buys New Shares in NETGEAR, Inc. $NTGR

Sierra Summit Advisors LLC purchased a new position in NETGEAR, Inc. (NASDAQ:NTGR) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 33,322 shares of the communications equipment provider’s stock, valued at approximately $1,079,000. Sierra Summit Advisors LLC owned 0.12% of NETGEAR at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NTGR. Rexford Capital Inc. bought a new position in shares of NETGEAR during the 2nd quarter worth about $58,000. Jones Financial Companies Lllp raised its stake in NETGEAR by 44.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,323 shares of the communications equipment provider’s stock worth $75,000 after buying an additional 718 shares during the period. Tower Research Capital LLC TRC raised its stake in NETGEAR by 35.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,475 shares of the communications equipment provider’s stock worth $101,000 after buying an additional 904 shares during the period. CANADA LIFE ASSURANCE Co boosted its holdings in NETGEAR by 242.6% in the second quarter. CANADA LIFE ASSURANCE Co now owns 4,087 shares of the communications equipment provider’s stock worth $119,000 after acquiring an additional 2,894 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in NETGEAR by 2,530.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,260 shares of the communications equipment provider’s stock valued at $153,000 after acquiring an additional 5,060 shares during the period. 82.97% of the stock is owned by institutional investors.

Insider Buying and Selling at NETGEAR

In related news, insider Pramod Badjate sold 3,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $20.97, for a total transaction of $62,910.00. Following the transaction, the insider directly owned 144,586 shares in the company, valued at approximately $3,031,968.42. The trade was a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.30% of the stock is owned by insiders.

NETGEAR News Roundup

Here are the key news stories impacting NETGEAR this week:

• Positive Sentiment: Zacks Research raised several 2027/2028 forecasts — including improving FY2027 EPS to -$0.60 (from -$0.83) and upward revisions to multiple 2027 quarter estimates — which suggests analysts see a clearer path toward narrowing losses over the medium term. Zacks Research Weighs in on NETGEAR FY2028 Earnings
• Neutral Sentiment: A Yahoo Finance analysis explains how the NTGR investment story is shifting as analysts update revenue targets and margin assumptions — useful context for investors evaluating whether recent model changes justify a re‑rating or longer holding period. The piece is analytical rather than a clear buy/sell trigger. How The NETGEAR (NTGR) Investment Story Is Shifting With New Targets And Margin Assumptions
• Negative Sentiment: Zacks simultaneously trimmed near‑term guidance — cutting FY2026 and several 2026 quarter EPS estimates (notably Q1 and Q2 2026) — and continues to rate the stock “Strong Sell,” which keeps downside risk for the share price if short‑term execution or demand disappoints. Zacks Research Weighs in on NETGEAR FY2028 Earnings
• Negative Sentiment: Wall Street Zen lowered its rating on NTGR to “Sell,” adding another analyst downgrade that can pressure sentiment and cap near‑term upside until clearer evidence of margin improvement and revenue stabilization appears. NETGEAR (NASDAQ:NTGR) Rating Lowered to “Sell” at Wall Street Zen

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NETGEAR in a research report on Monday, December 29th. Stifel Nicolaus set a $36.00 price target on shares of NETGEAR in a research note on Thursday, February 5th. Wall Street Zen downgraded shares of NETGEAR from a “hold” rating to a “sell” rating in a report on Sunday. Finally, Zacks Research lowered shares of NETGEAR from a “hold” rating to a “strong sell” rating in a research note on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $36.00.

NETGEAR Stock Up 0.6%

Shares of NASDAQ:NTGR opened at $20.62 on Friday. The business’s 50 day moving average is $22.15 and its 200 day moving average is $26.38. NETGEAR, Inc. has a 12-month low of $18.75 and a 12-month high of $36.86. The stock has a market cap of $579.63 million, a price-to-earnings ratio of -33.26 and a beta of 1.15.

NETGEAR (NASDAQ:NTGR) last issued its quarterly earnings data on Wednesday, February 4th. The communications equipment provider reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.21. The business had revenue of $182.47 million for the quarter, compared to analysts’ expectations of $177.26 million. NETGEAR had a negative return on equity of 2.40% and a negative net margin of 2.56%.The business’s revenue was up .0% on a year-over-year basis. During the same period last year, the business earned ($0.06) EPS. As a group, equities research analysts expect that NETGEAR, Inc. will post -1.84 earnings per share for the current year.

About NETGEAR

NETGEAR, Inc (NASDAQ: NTGR) is a global provider of networking solutions for consumer, business and service provider markets. The company designs, develops and markets a comprehensive portfolio of products that enable high-speed connectivity, data storage and network security for homes, small to medium-sized businesses and large enterprises.

Its product lineup includes Wi-Fi routers, mesh networking systems, cable modems, mobile broadband gateways and Ethernet switches—offered in both managed and unmanaged configurations.