NetScout Systems (NASDAQ:NTCT) Research Coverage Started at B. Riley

B. Riley started coverage on shares of NetScout Systems (NASDAQ:NTCTFree Report) in a research report report published on Tuesday, MarketBeat reports. The firm issued a buy rating and a $33.00 price objective on the technology company’s stock. B. Riley also issued estimates for NetScout Systems’ Q2 2026 earnings at $0.30 EPS, Q3 2026 earnings at $0.80 EPS, Q4 2026 earnings at $0.45 EPS, Q2 2027 earnings at $0.37 EPS, Q3 2027 earnings at $0.79 EPS, Q4 2027 earnings at $0.46 EPS and FY2027 earnings at $1.77 EPS.

NetScout Systems Stock Up 1.3%

Shares of NetScout Systems stock opened at $25.08 on Tuesday. The stock has a market capitalization of $1.80 billion, a P/E ratio of 25.08 and a beta of 0.65. The company has a 50-day simple moving average of $23.03 and a 200 day simple moving average of $22.38. NetScout Systems has a 12-month low of $18.12 and a 12-month high of $27.89.

NetScout Systems (NASDAQ:NTCTGet Free Report) last announced its earnings results on Thursday, August 7th. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. The business had revenue of $186.75 million during the quarter, compared to analysts’ expectations of $181.50 million. NetScout Systems had a net margin of 8.72% and a return on equity of 7.47%. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the company posted $0.28 EPS. NetScout Systems has set its FY 2026 guidance at 2.250-2.40 EPS. On average, equities analysts anticipate that NetScout Systems will post 1.5 earnings per share for the current year.

Insider Buying and Selling

In other NetScout Systems news, Director Joseph G. Hadzima, Jr. sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $23.85, for a total value of $83,475.00. Following the completion of the sale, the director owned 127,798 shares in the company, valued at approximately $3,047,982.30. This trade represents a 2.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael Szabados sold 4,000 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $22.91, for a total transaction of $91,640.00. Following the completion of the sale, the director owned 38,939 shares of the company’s stock, valued at $892,092.49. The trade was a 9.32% decrease in their position. The disclosure for this sale can be found here. Insiders sold 18,500 shares of company stock worth $442,348 in the last quarter. 3.82% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NetScout Systems

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC acquired a new stake in NetScout Systems in the 1st quarter valued at about $216,000. SG Americas Securities LLC increased its position in NetScout Systems by 94.6% in the 1st quarter. SG Americas Securities LLC now owns 31,759 shares of the technology company’s stock valued at $667,000 after acquiring an additional 15,443 shares in the last quarter. Captrust Financial Advisors increased its position in NetScout Systems by 4.3% in the 4th quarter. Captrust Financial Advisors now owns 24,210 shares of the technology company’s stock valued at $524,000 after acquiring an additional 993 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in NetScout Systems by 3.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,341 shares of the technology company’s stock valued at $852,000 after acquiring an additional 1,481 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in NetScout Systems by 1,658.0% in the 1st quarter. GAMMA Investing LLC now owns 18,195 shares of the technology company’s stock valued at $382,000 after acquiring an additional 17,160 shares in the last quarter. Institutional investors and hedge funds own 91.64% of the company’s stock.

NetScout Systems Company Profile

(Get Free Report)

NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.

Further Reading

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