JPMorgan Chase & Co. Increases Stock Position in NetScout Systems, Inc. $NTCT

JPMorgan Chase & Co. raised its position in NetScout Systems, Inc. (NASDAQ:NTCT) by 65.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 343,551 shares of the technology company’s stock after buying an additional 136,377 shares during the period. JPMorgan Chase & Co. owned about 0.48% of NetScout Systems worth $8,874,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Strs Ohio boosted its stake 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 acquiring an additional 600 shares in the last quarter. Quantinno Capital Management LP raised its holdings in NetScout Systems by 6.2% in the 2nd quarter. Quantinno Capital Management LP now owns 10,552 shares of the technology company’s stock worth $262,000 after purchasing an additional 615 shares during the period. Hsbc Holdings PLC raised its holdings in NetScout Systems by 0.7% in the 2nd quarter. Hsbc Holdings PLC now owns 113,771 shares of the technology company’s stock worth $2,824,000 after purchasing an additional 815 shares during the period. CI Investments Inc. boosted its position in NetScout Systems by 48.4% during the third quarter. CI Investments Inc. now owns 2,707 shares of the technology company’s stock worth $70,000 after purchasing an additional 883 shares in the last quarter. Finally, Allworth Financial LP boosted its position in NetScout Systems by 90.1% during the third quarter. Allworth Financial LP now owns 2,083 shares of the technology company’s stock worth $54,000 after purchasing an additional 987 shares in the last quarter. Institutional investors and hedge funds own 91.64% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on NTCT shares. Wall Street Zen upgraded NetScout Systems from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Royal Bank Of Canada decreased their target price 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. Finally, Weiss Ratings reissued 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.00.

NetScout Systems Stock Performance

NTCT stock opened at $31.86 on Monday. NetScout Systems, Inc. has a 12-month low of $18.12 and a 12-month high of $32.87. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of 24.51 and a beta of 0.63. The business’s 50-day moving average is $29.27 and its 200 day moving average is $27.72.

NetScout Systems (NASDAQ:NTCT) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.86 by $0.14. The company had revenue of $250.68 million during the quarter, compared to analyst estimates 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 previous year, the business earned $0.94 EPS. NetScout Systems has set its FY 2026 guidance at 2.370-2.450 EPS. As a group, equities analysts forecast that NetScout Systems, Inc. will post 1.5 EPS for the current fiscal year.

Insider Activity at NetScout Systems

In related news, EVP John Downing sold 3,000 shares of the stock in a transaction on 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 approximately $3,884,820. This represents a 2.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.