Ameritas Advisory Services LLC Buys Shares of 1,097 NetScout Systems, Inc. $NTCT

Ameritas Advisory Services LLC bought a new stake in shares of NetScout Systems, Inc. (NASDAQ:NTCT) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,097 shares of the technology company’s stock, valued at approximately $27,000.

Several other hedge funds have also recently added to or reduced their stakes in NTCT. Nuveen LLC bought a new stake in shares of NetScout Systems during the 1st quarter worth about $13,894,000. LSV Asset Management raised its position in shares of NetScout Systems by 253.1% during the 1st quarter. LSV Asset Management now owns 909,855 shares of the technology company’s stock worth $19,116,000 after buying an additional 652,155 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of NetScout Systems by 17.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,420,479 shares of the technology company’s stock worth $29,844,000 after buying an additional 207,807 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in NetScout Systems by 54.3% during the first quarter. Robeco Institutional Asset Management B.V. now owns 499,592 shares of the technology company’s stock worth $10,496,000 after purchasing an additional 175,894 shares in the last quarter. Finally, Algert Global LLC bought a new stake in NetScout Systems during the first quarter worth approximately $3,690,000. Institutional investors own 91.64% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on NTCT shares. B. Riley assumed coverage on NetScout Systems in a report on Tuesday, August 26th. They set a “buy” rating and a $33.00 target price on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of NetScout Systems in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $29.00.

Insider Buying and Selling at NetScout Systems

In other NetScout Systems news, Director Alfred Grasso sold 5,644 shares of the business’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $24.44, for a total transaction of $137,939.36. Following the sale, the director directly owned 33,000 shares of the company’s stock, valued at $806,520. The trade was a 14.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael Szabados sold 4,000 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $22.91, for a total value of $91,640.00. Following the transaction, the director directly owned 38,939 shares in the company, valued at $892,092.49. The trade was a 9.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,000 shares of company stock worth $358,873. Company insiders own 3.82% of the company’s stock.

NetScout Systems Stock Up 1.9%

Shares of NetScout Systems stock opened at $26.17 on Thursday. The stock’s fifty day moving average is $24.77 and its 200-day moving average is $23.15. The firm has a market capitalization of $1.88 billion, a PE ratio of 26.17 and a beta of 0.72. NetScout Systems, Inc. has a 12-month low of $18.12 and a 12-month high of $27.89.

NetScout Systems (NASDAQ:NTCT) last posted its quarterly earnings data on Thursday, August 7th. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.05. NetScout Systems had a return on equity of 7.47% and a net margin of 8.72%.The firm had revenue of $186.75 million for the quarter, compared to the consensus estimate of $181.50 million. During the same quarter in the previous year, the company earned $0.28 EPS. The business’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. Analysts expect that NetScout Systems, Inc. will post 1.5 EPS for the current year.

NetScout Systems 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.