LSV Asset Management Raises Stake in NetScout Systems, Inc. $NTCT

LSV Asset Management boosted its stake in shares of NetScout Systems, Inc. (NASDAQ:NTCT) by 33.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,218,614 shares of the technology company’s stock after buying an additional 308,759 shares during the quarter. LSV Asset Management owned 1.68% of NetScout Systems worth $30,234,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in NTCT. Allspring Global Investments Holdings LLC acquired a new position in shares of NetScout Systems during the 2nd quarter worth approximately $546,000. Allianz Asset Management GmbH grew its position in shares of NetScout Systems by 5.5% in the second quarter. Allianz Asset Management GmbH now owns 822,576 shares of the technology company’s stock valued at $20,408,000 after purchasing an additional 42,756 shares during the period. Cubist Systematic Strategies LLC grew its holdings in NetScout Systems by 284.9% in the 1st quarter. Cubist Systematic Strategies LLC now owns 52,276 shares of the technology company’s stock valued at $1,098,000 after buying an additional 38,693 shares during the period. Caxton Associates LLP acquired a new position in shares of NetScout Systems during the 1st quarter valued at about $492,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of NetScout Systems during the 2nd quarter worth about $27,000. Hedge funds and other institutional investors own 91.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on NTCT shares. Weiss Ratings restated a “hold (c)” rating on shares of NetScout Systems in a report on Monday. B. Riley started coverage on shares of NetScout Systems in a research note on Tuesday, August 26th. They set a “buy” rating and a $33.00 price objective for the company. Finally, Royal Bank Of Canada increased their target price on NetScout Systems from $26.00 to $31.00 and gave the stock a “sector perform” rating in a research report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, NetScout Systems has an average rating of “Moderate Buy” and an average target price of $32.00.

NetScout Systems Stock Down 3.9%

NetScout Systems stock opened at $25.67 on Wednesday. The firm has a fifty day moving average of $26.53 and a 200-day moving average of $24.37. NetScout Systems, Inc. has a 52-week low of $18.12 and a 52-week high of $30.67. The firm has a market capitalization of $1.85 billion, a P/E ratio of 25.67 and a beta of 0.71.

NetScout Systems (NASDAQ:NTCT) last posted its earnings results on Thursday, November 6th. The technology company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.17. NetScout Systems had a net margin of 8.72% and a return on equity of 7.47%. The business had revenue of $219.02 million for the quarter, compared to analyst estimates of $200.60 million. During the same quarter in the previous year, the business posted $0.47 EPS. The business’s quarterly revenue was up 14.6% on a year-over-year basis. NetScout Systems has set its FY 2026 guidance at 2.350-2.45 EPS. FY 2026 guidance at 2.350-2.45 EPS. On average, research analysts expect that NetScout Systems, Inc. will post 1.5 EPS for the current fiscal year.

Insider Transactions at NetScout Systems

In other NetScout Systems news, Director Michael Szabados sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $22.91, for a total value of $91,640.00. Following the completion of the transaction, the director owned 38,939 shares in the company, valued at $892,092.49. This represents a 9.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John Downing sold 3,000 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were 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 135,494 shares of the company’s stock, valued at $4,064,820. This trade represents a 2.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 21,000 shares of company stock valued at $532,273 over the last quarter. Company insiders own 3.82% of the company’s stock.

NetScout Systems Profile

NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.