Charles Schwab Investment Management Inc. Has $26.57 Million Position in NetScout Systems, Inc. $NTCT

Charles Schwab Investment Management Inc. raised its position in shares of NetScout Systems, Inc. (NASDAQ:NTCT) by 1.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,264,530 shares of the technology company’s stock after purchasing an additional 13,374 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.76% of NetScout Systems worth $26,568,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. First Trust Advisors LP increased its stake in shares of NetScout Systems by 4.6% in the fourth quarter. First Trust Advisors LP now owns 1,432,901 shares of the technology company’s stock worth $31,037,000 after acquiring an additional 62,603 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in shares of NetScout Systems by 39.9% in the first quarter. Assenagon Asset Management S.A. now owns 1,152,379 shares of the technology company’s stock worth $24,211,000 after acquiring an additional 328,468 shares during the last quarter. LSV Asset Management increased its stake in shares of NetScout Systems by 253.1% in the first quarter. LSV Asset Management now owns 909,855 shares of the technology company’s stock worth $19,116,000 after acquiring an additional 652,155 shares during the last quarter. Northern Trust Corp increased its stake in shares of NetScout Systems by 2.1% in the fourth quarter. Northern Trust Corp now owns 795,610 shares of the technology company’s stock worth $17,233,000 after acquiring an additional 16,013 shares during the last quarter. Finally, Allianz Asset Management GmbH increased its stake in shares of NetScout Systems by 8.5% in the first quarter. Allianz Asset Management GmbH now owns 779,820 shares of the technology company’s stock worth $16,384,000 after acquiring an additional 60,820 shares during the last quarter. 91.64% of the stock is owned by institutional investors and hedge funds.

NetScout Systems Trading Down 0.2%

NASDAQ NTCT opened at $22.66 on Thursday. NetScout Systems, Inc. has a 1-year low of $18.12 and a 1-year high of $27.89. The company has a market capitalization of $1.63 billion, a PE ratio of 22.66 and a beta of 0.65. The firm’s fifty day simple moving average is $23.01 and its 200-day simple moving average is $22.40.

NetScout Systems (NASDAQ:NTCT) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. NetScout Systems had a net margin of 8.72% and a return on equity of 7.47%. The business had revenue of $186.75 million for the quarter, compared to the consensus estimate of $181.50 million. During the same period in the prior year, the business posted $0.28 earnings per share. NetScout Systems’s revenue for the quarter was up 6.9% compared to the same quarter last year. NetScout Systems has set its FY 2026 guidance at 2.250-2.40 EPS. As a group, analysts predict that NetScout Systems, Inc. will post 1.5 EPS for the current year.

Insiders Place Their Bets

In related news, Director Joseph G. Hadzima, Jr. sold 3,500 shares of the company’s stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $23.85, for a total value of $83,475.00. Following the completion of the sale, the director directly owned 127,798 shares in the company, valued at approximately $3,047,982.30. This represents a 2.67% 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 company’s stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $23.47, for a total transaction of $70,410.00. Following the completion of the sale, the executive vice president owned 127,352 shares of the company’s stock, valued at $2,988,951.44. This represents a 2.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.82% of the company’s stock.

NetScout Systems Company Profile

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.