Texas Permanent School Fund Grows Position in NetScout Systems, Inc. (NASDAQ:NTCT)

Texas Permanent School Fund boosted its stake in shares of NetScout Systems, Inc. (NASDAQ:NTCTGet Rating) by 2.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 53,363 shares of the technology company’s stock after purchasing an additional 1,021 shares during the period. Texas Permanent School Fund owned approximately 0.07% of NetScout Systems worth $1,806,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of NTCT. Maryland State Retirement & Pension System lifted its stake in shares of NetScout Systems by 1.1% in the 2nd quarter. Maryland State Retirement & Pension System now owns 29,917 shares of the technology company’s stock valued at $1,013,000 after purchasing an additional 311 shares during the period. Great West Life Assurance Co. Can raised its position in NetScout Systems by 0.5% during the first quarter. Great West Life Assurance Co. Can now owns 65,268 shares of the technology company’s stock worth $2,149,000 after acquiring an additional 335 shares during the period. Bank of Montreal Can raised its position in NetScout Systems by 1.8% during the first quarter. Bank of Montreal Can now owns 21,657 shares of the technology company’s stock worth $702,000 after acquiring an additional 392 shares during the period. Crossmark Global Holdings Inc. raised its position in NetScout Systems by 6.7% during the first quarter. Crossmark Global Holdings Inc. now owns 6,810 shares of the technology company’s stock worth $218,000 after acquiring an additional 430 shares during the period. Finally, Mutual of America Capital Management LLC raised its position in NetScout Systems by 5.4% during the first quarter. Mutual of America Capital Management LLC now owns 10,639 shares of the technology company’s stock worth $341,000 after acquiring an additional 546 shares during the period. Hedge funds and other institutional investors own 97.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of NetScout Systems from a “strong-buy” rating to a “buy” rating in a research report on Friday, October 28th.

NetScout Systems Stock Performance

NASDAQ:NTCT opened at $35.83 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.40 and a current ratio of 1.46. The company has a fifty day moving average of $33.34 and a two-hundred day moving average of $33.51. The stock has a market capitalization of $2.59 billion, a PE ratio of 52.69, a P/E/G ratio of 5.14 and a beta of 0.65. NetScout Systems, Inc. has a fifty-two week low of $28.69 and a fifty-two week high of $37.68.

NetScout Systems Company Profile

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NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.

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

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