NetScout Systems, Inc. $NTCT Shares Acquired by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co lifted its holdings in NetScout Systems, Inc. (NASDAQ:NTCT) by 187.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,199 shares of the technology company’s stock after buying an additional 28,164 shares during the period. Elo Mutual Pension Insurance Co owned approximately 0.06% of NetScout Systems worth $1,116,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NTCT. Royal Bank of Canada raised its holdings in NetScout Systems by 23.3% in the 1st quarter. Royal Bank of Canada now owns 51,798 shares of the technology company’s stock valued at $1,088,000 after acquiring an additional 9,802 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of NetScout Systems by 5.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,377 shares of the technology company’s stock valued at $869,000 after purchasing an additional 2,036 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of NetScout Systems by 17.1% in the first quarter. Goldman Sachs Group Inc. now owns 1,420,479 shares of the technology company’s stock valued at $29,844,000 after purchasing an additional 207,807 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of NetScout Systems by 7.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,284 shares of the technology company’s stock valued at $4,481,000 after purchasing an additional 15,112 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in NetScout Systems by 64.3% during the first quarter. Jane Street Group LLC now owns 348,209 shares of the technology company’s stock worth $7,316,000 after buying an additional 136,253 shares in the last quarter. 91.64% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at NetScout Systems

In other NetScout Systems news, EVP John Downing sold 3,000 shares of NetScout Systems stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $30.00, for a total value of $90,000.00. Following the completion of the transaction, the executive vice president directly owned 129,494 shares of the company’s stock, valued at $3,884,820. The trade was a 2.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Christopher Perretta sold 10,000 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $28.01, for a total transaction of $280,100.00. Following the sale, the director owned 40,866 shares in the company, valued at $1,144,656.66. This trade represents a 19.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 3.82% of the company’s stock.

Analyst Upgrades and Downgrades

NTCT has been the subject of several analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of NetScout Systems in a report on Monday, December 29th. Royal Bank Of Canada dropped their price objective on shares of NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a report on Monday, January 5th. Finally, Wall Street Zen raised shares of NetScout Systems from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $31.00.

NetScout Systems Price Performance

Shares of NTCT opened at $30.06 on Friday. The firm has a 50-day simple moving average of $28.16 and a two-hundred day simple moving average of $26.93. The stock has a market cap of $2.17 billion, a PE ratio of 23.12 and a beta of 0.63. NetScout Systems, Inc. has a 1-year low of $18.12 and a 1-year high of $30.67.

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

About NetScout Systems

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.