NETGEAR (NASDAQ:NTGR) Earns “Hold (C)” Rating from Weiss Ratings

NETGEAR (NASDAQ:NTGR)‘s stock had its “hold (c)” rating reaffirmed by Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.

Other equities research analysts also recently issued research reports about the stock. Stifel Nicolaus raised their price target on shares of NETGEAR from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Friday, October 17th. UBS Group set a $35.00 price target on shares of NETGEAR in a research report on Thursday, August 21st. Seaport Res Ptn raised shares of NETGEAR to a “strong-buy” rating in a research report on Wednesday, October 1st. Zacks Research downgraded shares of NETGEAR from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 20th. Finally, Wall Street Zen downgraded shares of NETGEAR from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $34.67.

NETGEAR Trading Up 2.5%

Shares of NTGR stock opened at $32.99 on Friday. The stock has a market cap of $957.04 million, a PE ratio of 15.27 and a beta of 1.09. The company’s fifty day moving average price is $29.90 and its 200-day moving average price is $28.05. NETGEAR has a 12 month low of $18.75 and a 12 month high of $36.86.

NETGEAR (NASDAQ:NTGR) last announced its quarterly earnings data on Wednesday, July 30th. The communications equipment provider reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.22. NETGEAR had a net margin of 9.13% and a negative return on equity of 3.24%. The company had revenue of $170.53 million for the quarter, compared to the consensus estimate of $162.06 million. During the same period in the prior year, the firm posted ($0.74) EPS. NETGEAR’s revenue for the quarter was up 18.5% on a year-over-year basis. NETGEAR has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that NETGEAR will post -1.84 earnings per share for the current fiscal year.

Insider Transactions at NETGEAR

In other NETGEAR news, Director Bradley Maiorino sold 13,063 shares of the business’s stock in a transaction dated Thursday, October 9th. The stock was sold at an average price of $35.26, for a total value of $460,601.38. Following the completion of the transaction, the director owned 56,356 shares of the company’s stock, valued at approximately $1,987,112.56. The trade was a 18.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Shravan Goli sold 11,757 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $26.11, for a total value of $306,975.27. Following the completion of the transaction, the director directly owned 31,285 shares of the company’s stock, valued at approximately $816,851.35. This trade represents a 27.32% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 26,867 shares of company stock valued at $828,884. 2.30% of the stock is owned by insiders.

Institutional Investors Weigh In On NETGEAR

Hedge funds and other institutional investors have recently made changes to their positions in the business. Informed Momentum Co LLC increased its position in shares of NETGEAR by 129.9% during the 1st quarter. Informed Momentum Co LLC now owns 95,100 shares of the communications equipment provider’s stock valued at $2,326,000 after purchasing an additional 53,739 shares during the last quarter. American Century Companies Inc. increased its position in shares of NETGEAR by 13.5% during the 1st quarter. American Century Companies Inc. now owns 874,339 shares of the communications equipment provider’s stock valued at $21,386,000 after purchasing an additional 103,875 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of NETGEAR by 138.8% during the 1st quarter. Russell Investments Group Ltd. now owns 69,333 shares of the communications equipment provider’s stock valued at $1,707,000 after purchasing an additional 40,294 shares during the last quarter. Vanguard Group Inc. increased its position in shares of NETGEAR by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 2,515,636 shares of the communications equipment provider’s stock valued at $61,532,000 after purchasing an additional 23,488 shares during the last quarter. Finally, Sierra Summit Advisors LLC purchased a new stake in shares of NETGEAR during the 1st quarter valued at about $633,000. Hedge funds and other institutional investors own 82.97% of the company’s stock.

About NETGEAR

NETGEAR, Inc provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific. The company operates in two segments, Connected Home, and NETGEAR for Business. The Connected Home segment offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, digital displays, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, and Wi-Fi network adapters; and provides value-added service offerings, including security and privacy, technical support, and parental controls.