WINTON GROUP Ltd Grows Stake in NetScout Systems, Inc. $NTCT

WINTON GROUP Ltd increased its stake in shares of NetScout Systems, Inc. (NASDAQ:NTCT) by 202.6% in the 3rd quarter, Holdings Channel reports. The firm owned 49,032 shares of the technology company’s stock after purchasing an additional 32,826 shares during the period. WINTON GROUP Ltd’s holdings in NetScout Systems were worth $1,266,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Royal Bank of Canada increased its stake in NetScout Systems by 23.3% during the 1st quarter. Royal Bank of Canada now owns 51,798 shares of the technology company’s stock worth $1,088,000 after buying an additional 9,802 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of NetScout Systems by 5.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,377 shares of the technology company’s stock valued at $869,000 after acquiring an additional 2,036 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of NetScout Systems by 17.1% in the first quarter. Goldman Sachs Group Inc. now owns 1,420,479 shares of the technology company’s stock valued at $29,844,000 after acquiring an additional 207,807 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of NetScout Systems by 7.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,284 shares of the technology company’s stock worth $4,481,000 after acquiring an additional 15,112 shares during the last quarter. Finally, Jane Street Group LLC increased its position in shares of NetScout Systems by 64.3% during the first quarter. Jane Street Group LLC now owns 348,209 shares of the technology company’s stock worth $7,316,000 after purchasing an additional 136,253 shares in the last quarter. 91.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on NTCT. Royal Bank Of Canada reduced their price objective on NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a research note on Monday, January 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NetScout Systems in a report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of NetScout Systems from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $31.00.

NetScout Systems Stock Performance

NASDAQ NTCT opened at $30.33 on Thursday. The stock’s fifty day moving average is $28.38 and its two-hundred day moving average is $27.17. The firm has a market capitalization of $2.19 billion, a P/E ratio of 23.33 and a beta of 0.63. NetScout Systems, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $30.89.

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

Insider Transactions at NetScout Systems

In related news, Director Christopher Perretta sold 10,000 shares of the company’s 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 sale, the director owned 40,866 shares of the company’s stock, valued at approximately $1,144,656.66. This represents a 19.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP John Downing sold 3,000 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $30.00, for a total transaction of $90,000.00. Following the sale, the executive vice president owned 129,494 shares of the company’s stock, valued at approximately $3,884,820. The trade was a 2.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.82% of the company’s stock.

NetScout Systems 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.