NetScout Systems, Inc. $NTCT Holdings Raised by Teacher Retirement System of Texas

Teacher Retirement System of Texas raised its holdings in NetScout Systems, Inc. (NASDAQ:NTCT) by 30.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 125,825 shares of the technology company’s stock after acquiring an additional 29,242 shares during the quarter. Teacher Retirement System of Texas’ holdings in NetScout Systems were worth $3,250,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Ameriprise Financial Inc. raised its stake in NetScout Systems by 235.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 578,608 shares of the technology company’s stock valued at $14,355,000 after purchasing an additional 406,004 shares during the last quarter. Penserra Capital Management LLC bought a new position in shares of NetScout Systems during the second quarter valued at $9,801,000. LSV Asset Management increased its holdings in shares of NetScout Systems by 33.9% during the second quarter. LSV Asset Management now owns 1,218,614 shares of the technology company’s stock worth $30,234,000 after buying an additional 308,759 shares in the last quarter. AQR Capital Management LLC increased its holdings in NetScout Systems by 63.0% during the 2nd quarter. AQR Capital Management LLC now owns 724,165 shares of the technology company’s stock valued at $17,945,000 after purchasing an additional 279,847 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its position in NetScout Systems by 51.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 805,350 shares of the technology company’s stock worth $20,802,000 after buying an additional 274,483 shares in the last quarter. 91.64% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of NetScout Systems in a research report on Monday, December 29th. Royal Bank Of Canada lowered their price objective on shares of NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.00.

NetScout Systems Stock Performance

NASDAQ NTCT opened at $28.07 on Thursday. The firm has a 50-day moving average of $27.33 and a 200-day moving average of $25.74. The stock has a market cap of $2.03 billion, a PE ratio of 23.01 and a beta of 0.62. NetScout Systems, Inc. has a 52-week low of $18.12 and a 52-week high of $30.67.

NetScout Systems (NASDAQ:NTCT) last posted its earnings results on Thursday, November 6th. The technology company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.17. The company had revenue of $219.02 million during the quarter, compared to the consensus estimate of $200.60 million. NetScout Systems had a return on equity of 8.16% and a net margin of 10.38%.The company’s revenue was up 14.6% on a year-over-year basis. During the same quarter last 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. As a group, analysts predict that NetScout Systems, Inc. will post 1.5 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP John Downing sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $30.00, for a total value of $90,000.00. Following the sale, the executive vice president directly owned 135,494 shares in the company, valued at approximately $4,064,820. This trade represents a 2.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Christopher Perretta sold 10,000 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $28.01, for a total transaction of $280,100.00. Following the sale, the director directly owned 40,866 shares in the company, valued at approximately $1,144,656.66. The trade was a 19.66% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 18,000 shares of company stock valued at $507,960. 3.82% of the stock is currently owned by corporate insiders.

NetScout Systems Company Profile

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.