American Century Companies Inc. Has $21.39 Million Stock Position in NETGEAR, Inc. $NTGR

American Century Companies Inc. boosted its position in NETGEAR, Inc. (NASDAQ:NTGR) by 13.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 874,339 shares of the communications equipment provider’s stock after purchasing an additional 103,875 shares during the period. American Century Companies Inc. owned about 3.04% of NETGEAR worth $21,386,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. CWM LLC lifted its stake in NETGEAR by 35.4% in the 1st quarter. CWM LLC now owns 2,916 shares of the communications equipment provider’s stock valued at $71,000 after purchasing an additional 763 shares during the last quarter. Headlands Technologies LLC lifted its stake in NETGEAR by 19.6% in the 1st quarter. Headlands Technologies LLC now owns 3,010 shares of the communications equipment provider’s stock valued at $74,000 after purchasing an additional 494 shares during the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new stake in NETGEAR in the 1st quarter valued at about $154,000. ProShare Advisors LLC acquired a new stake in NETGEAR in the 4th quarter valued at about $219,000. Finally, PharVision Advisers LLC acquired a new stake in NETGEAR in the 4th quarter valued at about $227,000. 82.97% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NETGEAR news, Director Laura Durr sold 4,387 shares of NETGEAR stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $28.39, for a total value of $124,546.93. Following the completion of the sale, the director owned 45,059 shares in the company, valued at $1,279,225.01. The trade was a 8.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Graeme Mclindin sold 2,377 shares of NETGEAR stock in a transaction dated Friday, June 13th. The stock was sold at an average price of $28.38, for a total transaction of $67,459.26. Following the completion of the sale, the vice president owned 61,208 shares of the company’s stock, valued at $1,737,083.04. This trade represents a 3.74% decrease in their position. The disclosure for this sale can be found here. Insiders sold 17,000 shares of company stock worth $490,401 in the last quarter. 2.30% of the stock is currently owned by corporate insiders.

NETGEAR Stock Performance

Shares of NTGR opened at $27.48 on Friday. NETGEAR, Inc. has a 52 week low of $15.35 and a 52 week high of $31.55. The firm has a market cap of $797.19 million, a P/E ratio of 12.72 and a beta of 1.07. The firm’s 50-day simple moving average is $26.85 and its 200 day simple moving average is $26.41.

NETGEAR (NASDAQ:NTGR) last announced its quarterly earnings results on Wednesday, July 30th. The communications equipment provider reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.22. NETGEAR had a net margin of 9.13% and a negative return on equity of 3.24%. The business had revenue of $170.53 million for the quarter, compared to analyst estimates of $162.06 million. During the same quarter in the prior year, the business earned ($0.74) EPS. NETGEAR’s quarterly revenue was up 18.5% on a year-over-year basis. NETGEAR has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that NETGEAR, Inc. will post -1.84 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on NTGR. Wall Street Zen downgraded shares of NETGEAR from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Stifel Nicolaus began coverage on shares of NETGEAR in a research note on Friday. They issued a “buy” rating and a $35.00 price target on the stock. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, NETGEAR presently has a consensus rating of “Buy” and a consensus price target of $32.00.

NETGEAR Profile

NETGEAR, Inc provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific. The company operates in two segments, Connected Home, and NETGEAR for Business. The Connected Home segment offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, digital displays, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, and Wi-Fi network adapters; and provides value-added service offerings, including security and privacy, technical support, and parental controls.