Intech Investment Management LLC Has $2.21 Million Holdings in NetScout Systems, Inc. $NTCT

Intech Investment Management LLC boosted its stake in NetScout Systems, Inc. (NASDAQ:NTCT) by 107.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,673 shares of the technology company’s stock after purchasing an additional 42,273 shares during the period. Intech Investment Management LLC owned about 0.11% of NetScout Systems worth $2,210,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. IFP Advisors Inc increased its holdings in NetScout Systems by 147.2% in the fourth quarter. IFP Advisors Inc now owns 1,011 shares of the technology company’s stock valued at $27,000 after purchasing an additional 602 shares during the period. Farther Finance Advisors LLC increased its holdings in NetScout Systems by 92.8% in the fourth quarter. Farther Finance Advisors LLC now owns 1,290 shares of the technology company’s stock valued at $35,000 after purchasing an additional 621 shares during the period. Advisory Services Network LLC acquired a new stake in NetScout Systems in the third quarter valued at $35,000. Global Retirement Partners LLC acquired a new stake in NetScout Systems in the fourth quarter valued at $39,000. Finally, EverSource Wealth Advisors LLC increased its holdings in NetScout Systems by 1,936.4% in the second quarter. EverSource Wealth Advisors LLC now owns 2,016 shares of the technology company’s stock valued at $50,000 after purchasing an additional 1,917 shares during the period. 91.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on NTCT. Zacks Research upgraded NetScout Systems from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Weiss Ratings downgraded NetScout Systems from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 4th. Wall Street Zen upgraded NetScout Systems from a “hold” rating to a “buy” rating in a report on Sunday, May 17th. Finally, Royal Bank Of Canada increased their price objective on NetScout Systems from $29.00 to $38.00 and gave the company a “sector perform” rating in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, NetScout Systems presently has an average rating of “Buy” and a consensus price target of $35.50.

NetScout Systems Trading Down 2.6%

Shares of NetScout Systems stock opened at $42.30 on Thursday. The business has a 50-day moving average price of $35.85 and a two-hundred day moving average price of $30.83. NetScout Systems, Inc. has a 1-year low of $20.39 and a 1-year high of $43.80. The company has a market cap of $3.02 billion, a P/E ratio of 32.54 and a beta of 0.68.

NetScout Systems (NASDAQ:NTCT) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. NetScout Systems had a return on equity of 8.37% and a net margin of 11.11%.The firm had revenue of $203.04 million during the quarter, compared to the consensus estimate of $198.64 million. During the same period last year, the business posted $0.52 EPS. The business’s revenue was down 1.0% compared to the same quarter last year. NetScout Systems has set its FY 2027 guidance at 2.650-2.800 EPS. Equities research analysts forecast that NetScout Systems, Inc. will post 2.06 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Alfred Grasso sold 5,000 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $40.67, for a total transaction of $203,350.00. Following the transaction, the director owned 35,000 shares of the company’s stock, valued at $1,423,450. This represents a 12.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.82% of the company’s stock.

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.