NetScout Systems (NASDAQ:NTCT) Hits New 1-Year High – Should You Buy?

NetScout Systems, Inc. (NASDAQ:NTCT)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $33.01 and last traded at $32.7650, with a volume of 74884 shares changing hands. The stock had previously closed at $31.79.

Analyst Ratings Changes

NTCT has been the topic of several analyst reports. Royal Bank Of Canada reduced their price target on NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a report on Monday, January 5th. Weiss Ratings restated a “hold (c)” rating on shares of NetScout Systems in a research report on Friday, March 27th. Finally, Wall Street Zen raised shares of NetScout Systems from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $31.00.

NetScout Systems Price Performance

The stock has a 50 day moving average price of $29.63 and a two-hundred day moving average price of $27.87. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 24.82 and a beta of 0.58.

NetScout Systems (NASDAQ:NTCT) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.86 by $0.14. NetScout Systems had a net margin of 11.13% and a return on equity of 8.49%. The business had revenue of $250.68 million during the quarter, compared to analyst estimates of $233.69 million. During the same quarter last year, the firm posted $0.94 earnings per share. The business’s revenue for the quarter was down .5% compared to the same quarter last year. NetScout Systems has set its FY 2026 guidance at 2.370-2.450 EPS. As a group, research analysts expect that NetScout Systems, Inc. will post 1.5 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other NetScout Systems news, EVP John Downing sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $30.00, for a total transaction of $90,000.00. Following the completion of the transaction, the executive vice president owned 129,494 shares in the company, valued at $3,884,820. The trade was a 2.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 3.82% of the stock is currently owned by company insiders.

Institutional Trading of NetScout Systems

Institutional investors have recently bought and sold shares of the business. CIBC Bancorp USA Inc. acquired a new stake in shares of NetScout Systems during the 3rd quarter worth about $118,440,000. Dimensional Fund Advisors LP increased its stake in NetScout Systems by 2.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,148,272 shares of the technology company’s stock valued at $112,254,000 after purchasing an additional 109,910 shares during the last quarter. State Street Corp raised its holdings in NetScout Systems by 1.7% during the fourth quarter. State Street Corp now owns 3,065,837 shares of the technology company’s stock worth $82,962,000 after purchasing an additional 51,835 shares in the last quarter. First Trust Advisors LP lifted its position in shares of NetScout Systems by 40.8% during the 4th quarter. First Trust Advisors LP now owns 2,519,733 shares of the technology company’s stock worth $68,184,000 after buying an additional 729,632 shares during the last quarter. Finally, LSV Asset Management boosted its holdings in shares of NetScout Systems by 34.6% in the 4th quarter. LSV Asset Management now owns 2,288,036 shares of the technology company’s stock valued at $61,914,000 after buying an additional 588,022 shares in the last quarter. 91.64% of the stock is owned by hedge funds and other institutional investors.

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.