NetScout Systems (NASDAQ:NTCT) Stock Price Passes Above 200 Day Moving Average – What’s Next?

NetScout Systems, Inc. (NASDAQ:NTCT) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $25.53 and traded as high as $28.03. NetScout Systems shares last traded at $27.16, with a volume of 543,116 shares changing hands.

Analysts Set New Price Targets

NTCT has been the subject of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of NetScout Systems in a research report on Monday, December 29th. Royal Bank Of Canada decreased their price target on shares of NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $31.00.

NetScout Systems Trading Down 2.8%

The firm’s 50-day moving average price is $27.28 and its 200-day moving average price is $25.53. The stock has a market capitalization of $1.96 billion, a PE ratio of 22.26 and a beta of 0.62.

NetScout Systems (NASDAQ:NTCT) last issued its quarterly earnings data on Thursday, November 6th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.17. NetScout Systems had a return on equity of 8.16% and a net margin of 10.38%.The company had revenue of $219.02 million for the quarter, compared to analysts’ expectations of $200.60 million. During the same period in the previous year, the firm posted $0.47 earnings per share. The firm’s revenue for the quarter was up 14.6% on a year-over-year basis. 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. On average, equities research analysts predict that NetScout Systems, Inc. will post 1.5 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP John Downing sold 3,000 shares of the stock in a transaction on Thursday, November 6th. 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 135,494 shares in the company, valued at approximately $4,064,820. This represents a 2.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Sanjay Munshi sold 2,000 shares of NetScout Systems stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $27.23, for a total transaction of $54,460.00. Following the transaction, the chief operating officer directly owned 6,254 shares of the company’s stock, valued at $170,296.42. The trade was a 24.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 18,000 shares of company stock valued at $507,960. 3.82% of the stock is currently owned by insiders.

Hedge Funds Weigh In On NetScout Systems

Several hedge funds have recently added to or reduced their stakes in the company. CIBC Bancorp USA Inc. purchased a new position in shares of NetScout Systems during the third quarter valued at approximately $118,440,000. Legal & General Group Plc raised its holdings in shares of NetScout Systems by 2.1% in the second quarter. Legal & General Group Plc now owns 4,484,569 shares of the technology company’s stock worth $111,262,000 after buying an additional 91,248 shares during the period. First Trust Advisors LP lifted its stake in shares of NetScout Systems by 2.0% during the 3rd quarter. First Trust Advisors LP now owns 1,790,101 shares of the technology company’s stock worth $46,238,000 after acquiring an additional 34,644 shares during the last quarter. Geode Capital Management LLC boosted its holdings in NetScout Systems by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 1,758,249 shares of the technology company’s stock valued at $43,626,000 after acquiring an additional 21,498 shares during the period. Finally, LSV Asset Management boosted its holdings in NetScout Systems by 39.5% during the 3rd quarter. LSV Asset Management now owns 1,700,014 shares of the technology company’s stock valued at $43,911,000 after acquiring an additional 481,400 shares during the period. 91.64% of the stock is currently owned by institutional investors.

About NetScout Systems

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.