NetScout Systems, Inc. $NTCT Stock: Leuthold Group LLC Grows Stake

Leuthold Group LLC boosted its holdings in shares of NetScout Systems, Inc. (NASDAQ:NTCT) by 9.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 189,517 shares of the technology company’s stock after purchasing an additional 15,773 shares during the period. Leuthold Group LLC’s holdings in NetScout Systems were worth $7,615,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Verus Capital Partners LLC grew its position in NetScout Systems by 46.1% in the third quarter. Verus Capital Partners LLC now owns 12,685 shares of the technology company’s stock worth $510,000 after buying an additional 4,000 shares during the last quarter. Ashton Thomas Private Wealth LLC lifted its position in shares of NetScout Systems by 2.7% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 11,632 shares of the technology company’s stock valued at $467,000 after acquiring an additional 302 shares during the last quarter. Covestor Ltd lifted its position in shares of NetScout Systems by 84.3% during the 3rd quarter. Covestor Ltd now owns 2,531 shares of the technology company’s stock valued at $102,000 after acquiring an additional 1,158 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of NetScout Systems during the 3rd quarter worth $918,000. Finally, Vise Technologies Inc. boosted its stake in shares of NetScout Systems by 10.0% during the 3rd quarter. Vise Technologies Inc. now owns 6,071 shares of the technology company’s stock worth $244,000 after acquiring an additional 551 shares in the last quarter. 91.64% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NTCT. Weiss Ratings raised NetScout Systems from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Wall Street Zen lowered NetScout Systems from a “strong-buy” rating to a “hold” rating in a research report on Saturday. B. Riley Financial reissued a “buy” rating and issued a $50.00 price target on shares of NetScout Systems in a research note on Sunday, August 9th. after the company reported F1Q27 results. Royal Bank Of Canada reduced their price objective on shares of NetScout Systems from $43.00 to $35.00 and set a “sector perform” rating for the company in a research note on Friday. Finally, Zacks Research cut shares of NetScout Systems from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 8th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $42.50.

Insider Buying and Selling at NetScout Systems

In other NetScout Systems news, Director Michael Szabados sold 4,000 shares of NetScout Systems stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $37.70, for a total transaction of $150,800.00. Following the transaction, the director owned 41,654 shares of the company’s stock, valued at $1,570,355.80. The trade was a 8.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Christopher Perretta sold 7,000 shares of the stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $38.00, for a total transaction of $266,000.00. Following the completion of the sale, the director directly owned 40,866 shares of the company’s stock, valued at $1,552,908. This trade represents a 14.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 13,269 shares of company stock valued at $505,904 in the last 90 days. 4.74% of the stock is currently owned by corporate insiders.

NetScout Systems Stock Up 3.0%

Shares of NetScout Systems stock opened at $32.47 on Tuesday. The stock has a market cap of $2.36 billion, a PE ratio of 18.45 and a beta of 0.72. The business has a fifty day simple moving average of $38.53 and a 200-day simple moving average of $36.52. NetScout Systems, Inc. has a 12 month low of $25.29 and a 12 month high of $45.28.

NetScout Systems (NASDAQ:NTCT) last issued its quarterly earnings results on Thursday, November 5th. The technology company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $222.19 million for the quarter, compared to the consensus estimate of $218.77 million. NetScout Systems had a return on equity of 9.25% and a net margin of 13.71%. NetScout Systems’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 earnings per share. NetScout Systems has set its FY 2027 guidance at 2.650-2.800 EPS. Analysts expect that NetScout Systems, Inc. will post 2.15 EPS for the current fiscal year.

NetScout Systems Company Profile

NetScout Systems, Inc provides network monitoring, performance management, and cybersecurity solutions for enterprises, communications service providers, and government organizations. Its technology helps customers monitor network and application performance, investigate service disruptions, and identify security threats across complex digital environments.

The company’s offerings include the nGenius platform for service assurance and network visibility, as well as Arbor products designed to detect and mitigate distributed denial-of-service (DDoS) attacks.