Leuthold Group LLC Buys 15,773 Shares of NetScout Systems, Inc. $NTCT

Leuthold Group LLC increased its stake in shares of NetScout Systems, Inc. (NASDAQ:NTCT – Free Report) by 9.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 189,517 shares of the technology company’s stock after buying an additional 15,773 shares during the quarter. Leuthold Group LLC owned about 0.26% of NetScout Systems worth $7,615,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in NTCT. Ashton Thomas Private Wealth LLC boosted its holdings in shares of NetScout Systems by 2.7% during the third quarter. Ashton Thomas Private Wealth LLC now owns 11,632 shares of the technology company’s stock valued at $467,000 after acquiring an additional 302 shares during the period. GAMMA Investing LLC increased its holdings in shares of NetScout Systems by 20.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,768 shares of the technology company’s stock worth $71,000 after acquiring an additional 303 shares during the period. Signaturefd LLC increased its holdings in shares of NetScout Systems by 111.8% in the 3rd quarter. Signaturefd LLC now owns 754 shares of the technology company’s stock worth $30,000 after acquiring an additional 398 shares during the period. Vise Technologies Inc. increased its holdings in shares of NetScout Systems by 10.0% in the 3rd quarter. Vise Technologies Inc. now owns 6,071 shares of the technology company’s stock worth $244,000 after acquiring an additional 551 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in NetScout Systems by 16.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,364 shares of the technology company’s stock valued at $139,000 after purchasing an additional 628 shares during the last quarter. 91.64% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other NetScout Systems news, COO Sanjay Munshi sold 2,269 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $39.27, for a total transaction of $89,103.63. Following the completion of the transaction, the chief operating officer directly owned 6,729 shares of the company’s stock, valued at approximately $264,247.83. This trade represents a 25.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Christopher Perretta sold 7,000 shares of NetScout Systems stock in a transaction on Friday, September 11th. The shares were sold at an average price of $38.00, for a total value of $266,000.00. Following the transaction, the director owned 40,866 shares in the company, valued at approximately $1,552,908. This trade represents a 14.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 13,269 shares of company stock valued at $505,904 over the last quarter. Corporate insiders own 4.74% of the company’s stock.

NetScout Systems Stock Up 3.0%

Shares of NTCT opened at $32.47 on Tuesday. The firm has a 50-day moving average price of $38.53 and a 200 day moving average price of $36.52. The firm has a market capitalization of $2.36 billion, a PE ratio of 18.45 and a beta of 0.72. NetScout Systems, Inc. has a 52-week low of $25.29 and a 52-week high of $45.28.

NetScout Systems (NASDAQ:NTCT – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The technology company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. The company had revenue of $222.19 million for the quarter, compared to the consensus estimate of $218.77 million. NetScout Systems had a net margin of 13.71% and a return on equity of 9.25%. NetScout Systems’s revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.62 EPS. NetScout Systems has set its FY 2027 guidance at 2.650-2.800 EPS. On average, equities analysts expect that NetScout Systems, Inc. will post 2.15 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on NTCT. B. Riley Financial reissued a “buy” rating and set a $50.00 target price on shares of NetScout Systems in a research note on Sunday, August 9th. after the company reported F1Q27 results. Royal Bank Of Canada dropped their price target on shares of NetScout Systems from $43.00 to $35.00 and set a “sector perform” rating on the stock in a research note on Friday. Zacks Research cut NetScout Systems from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 8th. Wall Street Zen downgraded NetScout Systems from a “strong-buy” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings upgraded NetScout Systems from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, NetScout Systems has an average rating of “Hold” and a consensus price target of $42.50.

Check Out Our Latest Report on NetScout Systems

NetScout Systems Company Profile

(Free Report)

NetScout Systems, Inc provides network monitoring, performance management, and cybersecurity solutions for enterprises, communications service providers, and government organizations. Its technology helps customers monitor network and application performance, investigate service disruptions, and identify security threats across complex digital environments.

The company’s offerings include the nGenius platform for service assurance and network visibility, as well as Arbor products designed to detect and mitigate distributed denial-of-service (DDoS) attacks.

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Institutional Ownership by Quarter for NetScout Systems (NASDAQ:NTCT)

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