NetScout Systems, Inc. $NTCT Shares Bought by WINTON GROUP Ltd

WINTON GROUP Ltd raised its position in shares of NetScout Systems, Inc. (NASDAQ:NTCT) by 202.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 49,032 shares of the technology company’s stock after purchasing an additional 32,826 shares during the quarter. WINTON GROUP Ltd owned 0.07% of NetScout Systems worth $1,266,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. AlphaQuest LLC raised its holdings in shares of NetScout Systems by 604.8% during the third quarter. AlphaQuest LLC now owns 50,255 shares of the technology company’s stock worth $1,298,000 after purchasing an additional 43,125 shares during the last quarter. Prudential Financial Inc. boosted its holdings in NetScout Systems by 9.0% in the second quarter. Prudential Financial Inc. now owns 477,424 shares of the technology company’s stock valued at $11,845,000 after purchasing an additional 39,347 shares during the last quarter. Leuthold Group LLC acquired a new stake in NetScout Systems during the 3rd quarter worth about $3,199,000. Allianz Asset Management GmbH raised its stake in shares of NetScout Systems by 21.6% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,000,552 shares of the technology company’s stock valued at $25,844,000 after buying an additional 177,976 shares during the last quarter. Finally, Acadian Asset Management LLC raised its stake in shares of NetScout Systems by 14.2% during the 2nd quarter. Acadian Asset Management LLC now owns 610,445 shares of the technology company’s stock valued at $15,138,000 after buying an additional 75,786 shares during the last quarter. 91.64% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at NetScout Systems

In related news, Director Christopher Perretta sold 10,000 shares of NetScout Systems stock in a transaction on Friday, December 12th. The shares were 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 approximately $1,144,656.66. This trade represents a 19.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John Downing sold 3,000 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $30.00, for a total transaction of $90,000.00. Following the completion of the sale, the executive vice president directly owned 129,494 shares of the company’s stock, valued at approximately $3,884,820. The trade was a 2.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on NTCT shares. Weiss Ratings restated a “hold (c)” rating on shares of NetScout Systems in a research note on Monday, December 29th. Royal Bank Of Canada cut 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 report on Monday, January 5th. Finally, Wall Street Zen raised shares of NetScout Systems from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $31.00.

NetScout Systems Stock Up 0.3%

Shares of NetScout Systems stock opened at $30.33 on Thursday. The firm has a market cap of $2.19 billion, a PE ratio of 23.33 and a beta of 0.63. NetScout Systems, Inc. has a twelve month low of $18.12 and a twelve month high of $30.89. The business has a 50-day moving average price of $28.38 and a 200 day moving average price of $27.17.

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