MetLife Investment Management LLC Has $868,000 Position in NetScout Systems, Inc. $NTCT

MetLife Investment Management LLC lowered its position in NetScout Systems, Inc. (NASDAQ:NTCT) by 1.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 41,312 shares of the technology company’s stock after selling 678 shares during the period. MetLife Investment Management LLC owned 0.06% of NetScout Systems worth $868,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

Separately, B. Riley assumed coverage on NetScout Systems in a report on Tuesday, August 26th. They set a “buy” rating and a $33.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $29.00.

NetScout Systems Stock Down 0.8%

Shares of NTCT stock opened at $24.86 on Friday. NetScout Systems, Inc. has a 12 month low of $18.12 and a 12 month high of $27.89. The business’s 50 day moving average is $23.08 and its two-hundred day moving average is $22.40. The company has a market cap of $1.79 billion, a PE ratio of 24.86 and a beta of 0.73.

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

Insider Transactions at NetScout Systems

In other news, Director Joseph G. Hadzima, Jr. sold 3,500 shares of the firm’s stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $23.85, for a total value of $83,475.00. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Michael Szabados sold 4,000 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was 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 in the company, valued at approximately $892,092.49. The trade was a 9.32% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,500 shares of company stock worth $442,348. Insiders own 3.82% of the company’s stock.

NetScout Systems Profile

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.