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

LSV Asset Management lifted its holdings in shares of NetScout Systems, Inc. (NASDAQ:NTCT) by 33.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,218,614 shares of the technology company’s stock after acquiring an additional 308,759 shares during the quarter. LSV Asset Management’s holdings in NetScout Systems were worth $30,234,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Nuveen LLC acquired a new stake in NetScout Systems during the 1st quarter valued at approximately $13,894,000. Penserra Capital Management LLC acquired a new position in shares of NetScout Systems in the 2nd quarter valued at approximately $9,801,000. Goldman Sachs Group Inc. boosted its stake in shares of NetScout Systems by 17.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,420,479 shares of the technology company’s stock valued at $29,844,000 after buying an additional 207,807 shares during the last quarter. Algert Global LLC acquired a new stake in shares of NetScout Systems during the first quarter worth approximately $3,690,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of NetScout Systems by 24.5% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 745,459 shares of the technology company’s stock worth $15,662,000 after buying an additional 146,848 shares during the last quarter. Institutional investors and hedge funds own 91.64% of the company’s stock.

NetScout Systems Stock Performance

Shares of NASDAQ:NTCT opened at $25.67 on Wednesday. The company’s fifty day moving average is $26.53 and its two-hundred day moving average is $24.37. NetScout Systems, Inc. has a 1-year low of $18.12 and a 1-year high of $30.67. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 25.67 and a beta of 0.71.

NetScout Systems (NASDAQ:NTCT) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $200.60 million. During the same quarter in the prior year, the firm earned $0.47 EPS. The company’s revenue for the quarter was up 14.6% compared to the same quarter last year. NetScout Systems has set its FY 2026 guidance at 2.350-2.45 EPS. FY 2026 guidance at 2.350-2.45 EPS. Sell-side analysts expect that NetScout Systems, Inc. will post 1.5 EPS for the current fiscal year.

Insider Transactions at NetScout Systems

In related news, Director Alfred Grasso sold 5,644 shares of the firm’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $24.44, for a total value of $137,939.36. Following the sale, the director owned 33,000 shares of the company’s stock, valued at approximately $806,520. This trade represents a 14.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael Szabados sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $22.91, for a total value of $91,640.00. Following the transaction, the director owned 38,939 shares of the company’s stock, valued at $892,092.49. This represents a 9.32% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 21,000 shares of company stock worth $532,273. 3.82% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of NetScout Systems in a report on Monday. B. Riley began coverage on shares of NetScout Systems in a research report on Tuesday, August 26th. They set a “buy” rating and a $33.00 price target on the stock. Finally, Royal Bank Of Canada boosted their price objective on NetScout Systems from $26.00 to $31.00 and gave the company a “sector perform” rating in a report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, NetScout Systems presently has a consensus rating of “Moderate Buy” and an average target price of $32.00.

NetScout Systems Company 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.