NetScout Systems (NASDAQ:NTCT) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

NetScout Systems, Inc. (NASDAQ:NTCT)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $25.53 and traded as high as $28.03. NetScout Systems shares last traded at $27.16, with a volume of 543,116 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Royal Bank Of Canada decreased their price objective on shares of NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Monday, January 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NetScout Systems in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, NetScout Systems currently has an average rating of “Moderate Buy” and a consensus price target of $31.00.

NetScout Systems Trading Down 2.8%

The company has a market cap of $1.96 billion, a price-to-earnings ratio of 22.26 and a beta of 0.62. The stock’s 50 day moving average price is $27.28 and its 200 day moving average price is $25.54.

NetScout Systems (NASDAQ:NTCT) last released its earnings results on Thursday, November 6th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.17. The firm had revenue of $219.02 million during the quarter, compared to the consensus estimate of $200.60 million. NetScout Systems had a net margin of 10.38% and a return on equity of 8.16%. NetScout Systems’s revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.47 earnings per share. NetScout Systems has set its FY 2026 guidance at 2.350-2.45 EPS and its FY 2026 guidance at 2.350-2.45 EPS. On average, equities analysts expect that NetScout Systems, Inc. will post 1.5 earnings per share for the current fiscal year.

Insider Buying and Selling at NetScout Systems

In other NetScout Systems news, EVP John Downing sold 3,000 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $30.00, for a total transaction of $90,000.00. Following the completion of the sale, the executive vice president directly owned 135,494 shares in the company, valued at $4,064,820. This represents a 2.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Christopher Perretta sold 10,000 shares of NetScout Systems stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $28.01, for a total value of $280,100.00. Following the completion of the transaction, the director directly owned 40,866 shares in the company, valued at $1,144,656.66. This represents a 19.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 18,000 shares of company stock valued at $507,960. Company insiders own 3.82% of the company’s stock.

Hedge Funds Weigh In On NetScout Systems

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in NetScout Systems by 4.2% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 77,517 shares of the technology company’s stock valued at $2,098,000 after purchasing an additional 3,144 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of NetScout Systems by 93.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 119,363 shares of the technology company’s stock worth $3,205,000 after buying an additional 57,602 shares during the period. Exchange Traded Concepts LLC grew its stake in shares of NetScout Systems by 4.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 50,329 shares of the technology company’s stock valued at $1,362,000 after buying an additional 2,232 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of NetScout Systems by 2,546.1% during the 4th quarter. SG Americas Securities LLC now owns 449,737 shares of the technology company’s stock valued at $12,170,000 after buying an additional 432,741 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in NetScout Systems by 32.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 26,639 shares of the technology company’s stock worth $746,000 after acquiring an additional 6,490 shares in the last quarter. Institutional investors and hedge funds own 91.64% of the company’s stock.

About NetScout Systems

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.