NetScout Systems (NASDAQ:NTCT) Stock Rating Lowered by Wall Street Zen

NetScout Systems (NASDAQ:NTCT) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Sunday.

Other equities analysts have also issued reports about the stock. Royal Bank Of Canada reduced their target price on shares of 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 reiterated a “hold (c)” rating on shares of NetScout Systems in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, NetScout Systems presently has an average rating of “Moderate Buy” and a consensus price target of $31.00.

NetScout Systems Trading Up 4.5%

NTCT opened at $29.79 on Friday. The stock has a market cap of $2.15 billion, a PE ratio of 22.92 and a beta of 0.64. NetScout Systems has a 1 year low of $18.12 and a 1 year high of $30.67. The stock’s 50 day simple moving average is $27.68 and its 200-day simple moving average is $26.22.

NetScout Systems (NASDAQ:NTCT) last released its quarterly earnings results on Thursday, February 5th. The technology company reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.14. The business had revenue of $250.68 million for 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 revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior year, the company earned $0.94 EPS. NetScout Systems has set its FY 2026 guidance at 2.370-2.450 EPS. Equities analysts forecast that NetScout Systems will post 1.5 earnings per share for the current fiscal year.

Insider Activity at NetScout Systems

In related 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 value of $54,460.00. Following the sale, the chief operating officer directly owned 6,254 shares of the company’s stock, valued at $170,296.42. This trade represents a 24.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Christopher Perretta sold 10,000 shares of the company’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 value of $280,100.00. Following the completion of the sale, the director directly owned 40,866 shares of the company’s stock, valued at approximately $1,144,656.66. This represents a 19.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.82% of the company’s stock.

Institutional Trading of NetScout Systems

Hedge funds have recently modified their holdings of the business. Allworth Financial LP lifted its stake 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 acquiring an additional 1,040 shares during the period. IFP Advisors Inc lifted its stake in NetScout Systems by 147.2% in the 4th quarter. IFP Advisors Inc now owns 1,011 shares of the technology company’s stock worth $27,000 after purchasing an additional 602 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in NetScout Systems by 92.8% during the 4th quarter. Farther Finance Advisors LLC now owns 1,290 shares of the technology company’s stock valued at $35,000 after buying an additional 621 shares in the last quarter. Advisory Services Network LLC bought a new stake in NetScout Systems in the third quarter worth $35,000. Finally, Global Retirement Partners LLC bought a new position in shares of NetScout Systems in the 4th quarter valued at about $39,000. Institutional investors own 91.64% of the company’s stock.

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.