Empowered Funds LLC Invests $3.64 Million in NETGEAR, Inc. $NTGR

Posted by on Sep 2nd, 2026

Empowered Funds LLC acquired a new stake in NETGEAR, Inc. (NASDAQ:NTGR – Free Report) in the second quarter, Holdings Channel.com reports. The firm acquired 155,742 shares of the communications equipment provider’s stock, valued at approximately $3,637,000.

Several other hedge funds also recently bought and sold shares of NTGR. Johnson Financial Group Inc. bought a new stake in NETGEAR during the 4th quarter worth approximately $25,000. Comerica Bank boosted its holdings in NETGEAR by 64.8% in the 3rd quarter. Comerica Bank now owns 1,091 shares of the communications equipment provider’s stock valued at $35,000 after purchasing an additional 429 shares during the period. IFP Advisors Inc boosted its holdings in NETGEAR by 161.7% in the 4th quarter. IFP Advisors Inc now owns 2,243 shares of the communications equipment provider’s stock valued at $55,000 after purchasing an additional 1,386 shares during the period. Persistent Asset Partners Ltd purchased a new position in shares of NETGEAR during the 2nd quarter valued at $58,000. Finally, Fifth Third Bancorp grew its position in shares of NETGEAR by 6,085.7% during the 1st quarter. Fifth Third Bancorp now owns 3,031 shares of the communications equipment provider’s stock valued at $66,000 after purchasing an additional 2,982 shares in the last quarter. Hedge funds and other institutional investors own 82.97% of the company’s stock.

NETGEAR Price Performance

Shares of NASDAQ:NTGR opened at $20.87 on Wednesday. The company’s fifty day moving average price is $22.91 and its 200-day moving average price is $23.38. The firm has a market capitalization of $567.25 million, a price-to-earnings ratio of -22.44 and a beta of 1.18. NETGEAR, Inc. has a one year low of $19.00 and a one year high of $36.86.

NETGEAR (NASDAQ:NTGR – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The communications equipment provider reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.15. NETGEAR had a negative net margin of 3.71% and a negative return on equity of 2.79%. The firm had revenue of $168.56 million for the quarter, compared to analysts’ expectations of $157.80 million. During the same quarter last year, the company posted $0.06 EPS. The business’s quarterly revenue was down 1.2% on a year-over-year basis. As a group, equities research analysts expect that NETGEAR, Inc. will post -0.52 EPS for the current year.

Analyst Ratings Changes

NTGR has been the topic of a number of recent analyst reports. Wall Street Zen downgraded NETGEAR from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings restated a “sell (d)” rating on shares of NETGEAR in a research report on Wednesday, June 24th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $36.50.

Check Out Our Latest Stock Report on NTGR

Insider Buying and Selling

In other NETGEAR news, insider Pramod Badjate sold 3,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $23.88, for a total transaction of $71,640.00. Following the sale, the insider owned 154,073 shares in the company, valued at $3,679,263.24. This trade represents a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 3.10% of the stock is currently owned by corporate insiders.

NETGEAR Company Profile

(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.

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Institutional Ownership by Quarter for NETGEAR (NASDAQ:NTGR)

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