NetScout Systems, Inc. $NTCT Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC increased its position in shares of NetScout Systems, Inc. (NASDAQ:NTCT) by 180.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,761 shares of the technology company’s stock after purchasing an additional 39,757 shares during the period. Allspring Global Investments Holdings LLC owned 0.09% of NetScout Systems worth $1,623,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of NTCT. Quantinno Capital Management LP lifted its holdings in NetScout Systems by 6.2% during the 2nd quarter. Quantinno Capital Management LP now owns 10,552 shares of the technology company’s stock worth $262,000 after buying an additional 615 shares during the last quarter. Wedge Capital Management L L P NC increased its holdings in shares of NetScout Systems by 1.1% in the 2nd quarter. Wedge Capital Management L L P NC now owns 68,863 shares of the technology company’s stock valued at $1,708,000 after acquiring an additional 781 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of NetScout Systems by 0.7% during the 2nd quarter. Hsbc Holdings PLC now owns 113,771 shares of the technology company’s stock worth $2,824,000 after acquiring an additional 815 shares in the last quarter. Allworth Financial LP raised its position in shares of NetScout Systems by 1,857.1% during the 2nd quarter. Allworth Financial LP now owns 1,096 shares of the technology company’s stock worth $27,000 after acquiring an additional 1,040 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in NetScout Systems during the second quarter worth approximately $27,000. Hedge funds and other institutional investors own 91.64% of the company’s stock.

Insider Buying and Selling at NetScout Systems

In other NetScout Systems news, EVP John Downing sold 3,000 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $30.00, for a total transaction of $90,000.00. Following the completion of the sale, the executive vice president directly owned 135,494 shares of the company’s stock, valued at approximately $4,064,820. This trade represents a 2.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Sanjay Munshi sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $27.23, for a total value of $54,460.00. Following the completion of the transaction, the chief operating officer directly owned 6,254 shares in the company, valued at approximately $170,296.42. The trade was a 24.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 18,000 shares of company stock valued at $507,960 in the last ninety days. Insiders own 3.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of NetScout Systems in a report on Monday, December 29th. Royal Bank Of Canada dropped their target price on shares of NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, NetScout Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.00.

NetScout Systems Price Performance

Shares of NASDAQ:NTCT opened at $27.20 on Friday. NetScout Systems, Inc. has a 1-year low of $18.12 and a 1-year high of $30.67. The stock has a market cap of $1.96 billion, a P/E ratio of 22.30 and a beta of 0.62. The firm has a fifty day moving average price of $27.34 and a 200 day moving average price of $25.42.

NetScout Systems (NASDAQ:NTCT) last announced its earnings results on Thursday, November 6th. The technology company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.17. NetScout Systems had a net margin of 10.38% and a return on equity of 8.16%. The business had revenue of $219.02 million during the quarter, compared to analysts’ expectations of $200.60 million. During the same period in the prior year, the company earned $0.47 earnings per share. The business’s revenue was up 14.6% compared to the same quarter last year. NetScout Systems has set its FY 2026 guidance at 2.350-2.45 EPS and its FY 2026 guidance at 2.350-2.45 EPS. Sell-side analysts expect that NetScout Systems, Inc. will post 1.5 EPS for the current fiscal year.

NetScout Systems Profile

NetScout Systems, Inc is a leading provider of network performance management, service assurance and cybersecurity solutions. The company designs and delivers hardware and software platforms that capture and analyze real-time and historical packet data, enabling IT teams and service providers to monitor application performance, troubleshoot network issues and defend against distributed denial-of-service (DDoS) attacks. NetScout’s flagship offerings include the nGeniusONE service assurance platform and the InfiniStream packet broker, which together provide end-to-end visibility across hybrid and multi-cloud environments.

Founded in 1984 and headquartered in Westford, Massachusetts, NetScout has built a reputation for scalable and resilient monitoring infrastructure.