NETGEAR (NASDAQ:NTGR) Director Sells $90,915.09 in Stock

Posted by Geri Gentry on Jun 6th, 2026

NETGEAR, Inc. (NASDAQ:NTGR – Get Free Report) Director Shravan Goli sold 3,381 shares of NETGEAR stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $26.89, for a total value of $90,915.09. Following the transaction, the director directly owned 25,857 shares in the company, valued at approximately $695,294.73. The trade was a 11.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NETGEAR Stock Down 6.4%

Shares of NASDAQ:NTGR opened at $24.09 on Friday. The stock has a market cap of $646.58 million, a price-to-earnings ratio of -27.38 and a beta of 1.17. NETGEAR, Inc. has a 12-month low of $19.00 and a 12-month high of $36.86. The business’s 50 day moving average is $25.01 and its 200 day moving average is $23.62.

NETGEAR (NASDAQ:NTGR – Get Free Report) last announced its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.14. The company had revenue of $158.82 million for the quarter, compared to analysts’ expectations of $152.49 million. NETGEAR had a negative return on equity of 2.71% and a negative net margin of 3.58%.NETGEAR’s quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.02 earnings per share. As a group, equities research analysts expect that NETGEAR, Inc. will post -0.5 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on NTGR shares. Wall Street Zen upgraded NETGEAR from a “sell” rating to a “hold” rating in a report on Saturday, March 28th. Weiss Ratings reiterated a “sell (d)” rating on shares of NETGEAR in a report on Friday, March 27th. Finally, Zacks Research upgraded NETGEAR from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 10th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, NETGEAR currently has a consensus rating of “Hold” and an average price target of $36.00.

Read Our Latest Stock Analysis on NETGEAR

Institutional Trading of NETGEAR

A number of hedge funds have recently bought and sold shares of the business. Amundi raised its stake in shares of NETGEAR by 99.1% in the first quarter. Amundi now owns 48,211 shares of the communications equipment provider’s stock valued at $1,179,000 after buying an additional 23,993 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of NETGEAR by 15.5% in the first quarter. Goldman Sachs Group Inc. now owns 279,874 shares of the communications equipment provider’s stock valued at $6,846,000 after buying an additional 37,469 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of NETGEAR by 13.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,146 shares of the communications equipment provider’s stock valued at $1,814,000 after buying an additional 9,021 shares during the period. Legal & General Group Plc raised its stake in shares of NETGEAR by 5.4% in the second quarter. Legal & General Group Plc now owns 34,690 shares of the communications equipment provider’s stock valued at $1,008,000 after buying an additional 1,788 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of NETGEAR by 2.3% in the second quarter. Rhumbline Advisers now owns 51,678 shares of the communications equipment provider’s stock valued at $1,502,000 after buying an additional 1,140 shares during the period. 82.97% of the stock is currently owned by institutional investors.

NETGEAR Company Profile

(Get Free Report)

NETGEAR, Inc (NASDAQ: NTGR) is a global provider of networking solutions for consumer, business and service provider markets. The company designs, develops and markets a comprehensive portfolio of products that enable high-speed connectivity, data storage and network security for homes, small to medium-sized businesses and large enterprises.

Its product lineup includes Wi-Fi routers, mesh networking systems, cable modems, mobile broadband gateways and Ethernet switches—offered in both managed and unmanaged configurations.