Leuthold Group LLC Takes Position in NetScout Systems, Inc. $NTCT

Leuthold Group LLC acquired a new stake in shares of NetScout Systems, Inc. (NASDAQ:NTCT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 123,840 shares of the technology company’s stock, valued at approximately $3,199,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NTCT. Strs Ohio raised its stake in NetScout Systems by 1.9% during the 3rd quarter. Strs Ohio now owns 32,700 shares of the technology company’s stock valued at $845,000 after buying an additional 600 shares during the last quarter. Quantinno Capital Management LP increased its position in NetScout Systems by 6.2% during the second quarter. Quantinno Capital Management LP now owns 10,552 shares of the technology company’s stock valued at $262,000 after acquiring an additional 615 shares during the last quarter. Hsbc Holdings PLC increased its position in NetScout Systems by 0.7% during the second quarter. Hsbc Holdings PLC now owns 113,771 shares of the technology company’s stock valued at $2,824,000 after acquiring an additional 815 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in NetScout Systems by 6.0% in the third quarter. Envestnet Asset Management Inc. now owns 17,649 shares of the technology company’s stock valued at $456,000 after acquiring an additional 998 shares during the period. Finally, Allworth Financial LP grew its stake in shares of 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 during the period. Hedge funds and other institutional investors own 91.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of NetScout Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 7th. Royal Bank Of Canada decreased their price target on shares of 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 reiterated 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.00.

NetScout Systems Trading Down 0.8%

NetScout Systems stock opened at $28.17 on Thursday. NetScout Systems, Inc. has a 12-month low of $18.12 and a 12-month high of $30.67. The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of 21.67 and a beta of 0.64. The firm has a 50 day moving average of $27.60 and a 200 day moving average of $26.12.

NetScout Systems (NASDAQ:NTCT) last posted its quarterly earnings results 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. The business had revenue of $250.68 million during the quarter, compared to analyst estimates of $233.69 million. NetScout Systems had a net margin of 11.13% and a return on equity of 8.49%. The company’s 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. On average, analysts predict that NetScout Systems, Inc. will post 1.5 EPS for the current year.

Insider Transactions at NetScout Systems

In other news, COO Sanjay Munshi sold 2,000 shares of the company’s stock in a transaction dated 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 owned 6,254 shares of the company’s stock, valued at $170,296.42. This represents a 24.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Christopher Perretta sold 10,000 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $28.01, for a total value of $280,100.00. Following the sale, the director owned 40,866 shares of the company’s stock, valued at $1,144,656.66. This represents a 19.66% decrease in their position. The SEC filing for this sale provides additional information. 3.82% of the stock is owned by company insiders.

NetScout Systems Company 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.