NetScout Systems, Inc. $NTCT Shares Purchased by State of Wyoming

State of Wyoming grew its stake in shares of NetScout Systems, Inc. (NASDAQ:NTCT) by 813.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,037 shares of the technology company’s stock after purchasing an additional 20,516 shares during the quarter. State of Wyoming’s holdings in NetScout Systems were worth $595,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of NTCT. Strs Ohio lifted its position in NetScout Systems by 1.9% during the 3rd quarter. Strs Ohio now owns 32,700 shares of the technology company’s stock worth $845,000 after acquiring an additional 600 shares in the last quarter. Quantinno Capital Management LP boosted its stake in shares of NetScout Systems by 6.2% in the second quarter. Quantinno Capital Management LP now owns 10,552 shares of the technology company’s stock valued at $262,000 after purchasing an additional 615 shares during the period. Hsbc Holdings PLC boosted its stake in shares of NetScout Systems by 0.7% in the second quarter. Hsbc Holdings PLC now owns 113,771 shares of the technology company’s stock valued at $2,824,000 after purchasing an additional 815 shares during the period. Allworth Financial LP grew its holdings in NetScout Systems by 1,857.1% during the 2nd quarter. Allworth Financial LP now owns 1,096 shares of the technology company’s stock valued at $27,000 after purchasing an additional 1,040 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in NetScout Systems during the 2nd quarter worth $27,000. Institutional investors and hedge funds own 91.64% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on NTCT. Royal Bank Of Canada lowered their target price on NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a research note on Monday, January 5th. Weiss Ratings restated a “hold (c)” rating on shares of NetScout Systems in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, NetScout Systems currently has a consensus rating of “Moderate Buy” and an average price target of $31.00.

NetScout Systems Stock Performance

NetScout Systems stock opened at $28.35 on Wednesday. NetScout Systems, Inc. has a 1 year low of $18.12 and a 1 year high of $30.67. The firm’s 50-day moving average is $27.48 and its 200-day moving average is $25.92. The company has a market cap of $2.05 billion, a P/E ratio of 23.24 and a beta of 0.64.

NetScout Systems (NASDAQ:NTCT) last released its quarterly earnings data on Thursday, November 6th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.17. NetScout Systems had a net margin of 10.38% and a return on equity of 8.16%. The firm had revenue of $219.02 million for the quarter, compared to analyst estimates of $200.60 million. During the same quarter in the prior year, the business earned $0.47 earnings per share. NetScout Systems’s quarterly revenue was up 14.6% on a year-over-year basis. 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. As a group, sell-side analysts predict that NetScout Systems, Inc. will post 1.5 earnings per share for the current year.

Insider Buying and Selling at NetScout Systems

In related news, COO Sanjay Munshi sold 2,000 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The stock was 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 of the company’s stock, valued at $170,296.42. This represents a 24.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP John Downing sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $30.00, for a total value of $90,000.00. Following the completion of the sale, the executive vice president owned 135,494 shares in the company, valued at approximately $4,064,820. This represents a 2.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,000 shares of company stock valued at $424,560 in the last ninety days. Company insiders own 3.82% of the company’s stock.

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.