Vanguard Group Inc. Sells 58,875 Shares of NetScout Systems, Inc. $NTCT

Vanguard Group Inc. trimmed its position in NetScout Systems, Inc. (NASDAQ:NTCT) by 0.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,257,058 shares of the technology company’s stock after selling 58,875 shares during the quarter. Vanguard Group Inc. owned about 0.13% of NetScout Systems worth $239,110,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in NTCT. Legal & General Group Plc raised its holdings in shares of NetScout Systems by 2.1% during the 2nd quarter. Legal & General Group Plc now owns 4,484,569 shares of the technology company’s stock worth $111,262,000 after acquiring an additional 91,248 shares in the last quarter. Geode Capital Management LLC increased its position in NetScout Systems by 1.2% in the second quarter. Geode Capital Management LLC now owns 1,758,249 shares of the technology company’s stock worth $43,626,000 after purchasing an additional 21,498 shares during the last quarter. First Trust Advisors LP raised its stake in NetScout Systems by 6.0% during the second quarter. First Trust Advisors LP now owns 1,755,457 shares of the technology company’s stock valued at $43,553,000 after purchasing an additional 99,400 shares in the last quarter. LSV Asset Management lifted its position in NetScout Systems by 39.5% during the third quarter. LSV Asset Management now owns 1,700,014 shares of the technology company’s stock valued at $43,911,000 after purchasing an additional 481,400 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of NetScout Systems by 17.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,420,479 shares of the technology company’s stock worth $29,844,000 after buying an additional 207,807 shares in the last quarter. Hedge funds and other institutional investors own 91.64% of the company’s stock.

Insider Activity at NetScout Systems

In other news, COO Sanjay Munshi sold 2,000 shares of NetScout Systems stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $27.23, for a total transaction 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. The trade was a 24.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John Downing sold 3,000 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $30.00, for a total value of $90,000.00. Following the completion of the transaction, the executive vice president directly owned 129,494 shares in the company, valued at approximately $3,884,820. This trade represents a 2.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 15,000 shares of company stock worth $424,560 in the last 90 days. 3.82% of the stock is owned by corporate insiders.

NetScout Systems Price Performance

Shares of NASDAQ:NTCT opened at $29.21 on Monday. The firm has a market capitalization of $2.11 billion, a PE ratio of 22.47 and a beta of 0.63. The business has a 50 day simple moving average of $28.02 and a two-hundred day simple moving average of $26.79. NetScout Systems, Inc. has a 1 year low of $18.12 and a 1 year high of $30.67.

NetScout Systems (NASDAQ:NTCT) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.14. NetScout Systems had a return on equity of 8.49% and a net margin of 11.13%.The company had revenue of $250.68 million during the quarter, compared to analysts’ expectations of $233.69 million. During the same quarter in the previous year, the business earned $0.94 EPS. NetScout Systems’s revenue was down .5% compared to the same quarter last year. NetScout Systems has set its FY 2026 guidance at 2.370-2.450 EPS. Equities research analysts expect that NetScout Systems, Inc. will post 1.5 EPS for the current fiscal year.

Analyst Ratings Changes

NTCT has been the subject of several recent research reports. Royal Bank Of Canada dropped their price target on NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a research report on Monday, January 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of NetScout Systems in a report on Monday, December 29th. Finally, Wall Street Zen upgraded NetScout Systems from a “hold” rating to a “buy” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, NetScout Systems presently has an average rating of “Moderate Buy” and an average price target of $31.00.

NetScout Systems Profile

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.