Segall Bryant & Hamill LLC Has $2.63 Million Holdings in NetScout Systems, Inc. $NTCT

Segall Bryant & Hamill LLC raised its position in shares of NetScout Systems, Inc. (NASDAQ:NTCT) by 36.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 101,711 shares of the technology company’s stock after buying an additional 26,995 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in NetScout Systems were worth $2,627,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Allworth Financial LP lifted its holdings in shares of NetScout Systems by 1,857.1% in the second quarter. Allworth Financial LP now owns 1,096 shares of the technology company’s stock valued at $27,000 after purchasing an additional 1,040 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in NetScout Systems by 1,936.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,016 shares of the technology company’s stock valued at $50,000 after buying an additional 1,917 shares during the period. Abich Financial Wealth Management LLC purchased a new stake in NetScout Systems in the 3rd quarter worth about $55,000. Northwestern Mutual Wealth Management Co. acquired a new stake in NetScout Systems during the 2nd quarter worth about $76,000. Finally, EMC Capital Management purchased a new position in NetScout Systems during the 2nd quarter valued at about $138,000. 91.64% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at NetScout Systems

In related news, Director Christopher Perretta sold 10,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $28.01, for a total value of $280,100.00. Following the completion of the sale, the director directly owned 40,866 shares in the company, valued at approximately $1,144,656.66. This represents a 19.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP John Downing sold 3,000 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $30.00, for a total transaction of $90,000.00. Following the transaction, the executive vice president directly owned 129,494 shares in the company, valued at $3,884,820. The trade was a 2.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.82% of the stock is currently owned by insiders.

NetScout Systems Stock Performance

Shares of NASDAQ NTCT opened at $30.06 on Friday. The business has a 50 day simple moving average of $28.16 and a 200 day simple moving average of $26.93. NetScout Systems, Inc. has a 52 week low of $18.12 and a 52 week high of $30.67. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 23.12 and a beta of 0.63.

NetScout Systems (NASDAQ:NTCT) last posted its earnings results 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. The firm had revenue of $250.68 million during the quarter, compared to analysts’ expectations of $233.69 million. NetScout Systems had a net margin of 11.13% and a return on equity of 8.49%. The company’s revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.94 earnings per share. NetScout Systems has set its FY 2026 guidance at 2.370-2.450 EPS. On average, analysts predict that NetScout Systems, Inc. will post 1.5 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on NTCT. Weiss Ratings reissued a “hold (c)” rating on shares of NetScout Systems in a research report on Monday, December 29th. Wall Street Zen upgraded shares of NetScout Systems from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Finally, Royal Bank Of Canada decreased their target price on shares of NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $31.00.

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.