Allianz Asset Management GmbH Has $25.84 Million Stock Position in NetScout Systems, Inc. $NTCT

Allianz Asset Management GmbH raised its holdings in NetScout Systems, Inc. (NASDAQ:NTCTFree Report) by 21.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,000,552 shares of the technology company’s stock after purchasing an additional 177,976 shares during the quarter. Allianz Asset Management GmbH owned 1.39% of NetScout Systems worth $25,844,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Strs Ohio lifted its position in shares of 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 buying an additional 600 shares during the last quarter. Quantinno Capital Management LP lifted its holdings 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 worth $262,000 after acquiring an additional 615 shares during the last quarter. Hsbc Holdings PLC boosted its stake in shares of NetScout Systems by 0.7% in the 2nd 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 in the last quarter. Allworth Financial LP boosted its stake in shares of NetScout Systems by 1,857.1% in 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 bought a new stake in shares of NetScout Systems during the 2nd quarter valued at approximately $27,000. Institutional investors own 91.64% of the company’s stock.

NetScout Systems Stock Performance

Shares of NASDAQ:NTCT opened at $27.67 on Friday. NetScout Systems, Inc. has a 52 week low of $18.12 and a 52 week high of $30.67. The firm has a market cap of $2.00 billion, a PE ratio of 21.28 and a beta of 0.64. The firm’s fifty day moving average is $27.54 and its 200-day moving average is $25.98.

NetScout Systems (NASDAQ:NTCTGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.14. The business had revenue of $250.68 million during the quarter, compared to the consensus estimate of $233.69 million. NetScout Systems had a return on equity of 8.49% and a net margin of 11.13%.NetScout Systems’s quarterly revenue was down .5% on a year-over-year basis. During the same period in the prior year, the business posted $0.94 earnings per share. NetScout Systems has set its FY 2026 guidance at 2.370-2.450 EPS. Sell-side analysts forecast that NetScout Systems, Inc. will post 1.5 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of NetScout Systems in a research note on Monday, December 29th. Wall Street Zen cut NetScout Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Royal Bank Of Canada reduced their price objective on NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, NetScout Systems presently has an average rating of “Moderate Buy” and an average target price of $31.00.

Check Out Our Latest Stock Analysis on NTCT

NetScout Systems News Roundup

Here are the key news stories impacting NetScout Systems this week:

Insider Transactions at NetScout Systems

In other NetScout Systems news, COO Sanjay Munshi sold 2,000 shares of the firm’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 transaction of $54,460.00. Following the completion of the transaction, the chief operating officer owned 6,254 shares in the company, valued at approximately $170,296.42. This trade represents a 24.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Christopher Perretta sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $28.01, for a total transaction of $280,100.00. Following the completion of the transaction, the director owned 40,866 shares in the company, valued at $1,144,656.66. This trade represents a 19.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.82% of the stock is owned by company insiders.

NetScout Systems Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NetScout Systems (NASDAQ:NTCT)

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