Compass Financial Management LLC Sells 52,973 Shares of NetScout Systems, Inc. $NTCT

Compass Financial Management LLC trimmed its position in NetScout Systems, Inc. (NASDAQ:NTCT - Free Report) by 97.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,208 shares of the technology company's stock after selling 52,973 shares during the quarter. Compass Financial Management LLC's holdings in NetScout Systems were worth $49,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of NTCT. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of NetScout Systems in the 3rd quarter valued at $918,000. Vise Technologies Inc. lifted its position in NetScout Systems by 10.0% during the 3rd quarter. Vise Technologies Inc. now owns 6,071 shares of the technology company's stock worth $244,000 after acquiring an additional 551 shares in the last quarter. State of Wyoming grew its position in NetScout Systems by 346.3% in the third quarter. State of Wyoming now owns 16,964 shares of the technology company's stock valued at $682,000 after acquiring an additional 13,163 shares in the last quarter. BOKF NA purchased a new stake in shares of NetScout Systems during the third quarter valued at approximately $761,000. Finally, Signaturefd LLC raised its stake in shares of NetScout Systems by 111.8% during the third quarter. Signaturefd LLC now owns 754 shares of the technology company's stock valued at $30,000 after purchasing an additional 398 shares during the period. 91.64% of the stock is owned by institutional investors and hedge funds.

Insider Activity at NetScout Systems

In other NetScout Systems news, Director Christopher Perretta sold 7,000 shares of the business's stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $38.00, for a total value of $266,000.00. Following the completion of the sale, the director owned 40,866 shares of the company's stock, valued at $1,552,908. The trade was a 14.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Sanjay Munshi sold 2,269 shares of the company's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $39.27, for a total value of $89,103.63. Following the sale, the chief operating officer owned 6,729 shares of the company's stock, valued at approximately $264,247.83. This trade represents a 25.22% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 21,269 shares of company stock worth $813,184. Corporate insiders own 4.74% of the company's stock.

NetScout Systems Stock Performance

NetScout Systems stock opened at $31.51 on Monday. NetScout Systems, Inc. has a one year low of $25.29 and a one year high of $45.28. The firm has a market capitalization of $2.29 billion, a P/E ratio of 17.90 and a beta of 0.72. The company has a 50-day simple moving average of $38.66 and a 200-day simple moving average of $36.49.

NetScout Systems (NASDAQ:NTCT - Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The technology company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.05. NetScout Systems had a net margin of 14.62% and a return on equity of 9.63%. The business had revenue of $222.19 million during the quarter, compared to the consensus estimate of $218.77 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company's quarterly revenue was up 1.4% compared to the same quarter last year. NetScout Systems has set its FY 2027 guidance at 2.650-2.800 EPS. As a group, sell-side analysts forecast that NetScout Systems, Inc. will post 2.15 earnings per share for the current year.

Key NetScout Systems News

Here are the key news stories impacting NetScout Systems this week:

• Positive Sentiment: Fiscal Q2 2027 adjusted EPS was $0.71, beating the $0.66 consensus and rising from $0.62 a year earlier. Revenue of $222.19 million also topped estimates of $218.77 million. Zacks earnings report
• Neutral Sentiment: NetScout maintained fiscal 2027 EPS guidance of $2.65–$2.80, above the $2.62 consensus. Revenue guidance of $885 million–$915 million brackets analysts’ $904.9 million estimate, while its midpoint is slightly below that forecast.
• Negative Sentiment: RBC cut its price target to $35 from $43 and kept a “sector perform” rating. The new target still implies about 11.1% upside from the cited $31.51 share price, but the sizable reduction may weigh on sentiment. RBC ratings information
• Negative Sentiment: Despite the quarterly beats, revenue increased just 1.4% year over year, suggesting modest growth and potentially limiting enthusiasm about the results.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Zacks Research downgraded shares of NetScout Systems from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 8th. Wall Street Zen cut shares of NetScout Systems from a "strong-buy" rating to a "hold" rating in a research report on Saturday. Royal Bank Of Canada decreased their price objective on shares of NetScout Systems from $43.00 to $35.00 and set a "sector perform" rating for the company in a research report on Friday. B. Riley Financial reaffirmed a "buy" rating and set a $50.00 target price on shares of NetScout Systems in a research report on Sunday, August 9th. after the company reported F1Q27 results. Finally, Weiss Ratings upgraded NetScout Systems from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $42.50.

NetScout Systems Company Profile

NetScout Systems, Inc NASDAQ: NTCT provides network performance management, service assurance and cybersecurity solutions for enterprises, communications service providers, government organizations and other large institutions. Its technologies are designed to help customers monitor network traffic, identify performance issues, maintain service availability and detect or respond to cyberthreats.

The company's offerings include the nGeniusONE service assurance platform, InfiniStream network monitoring and packet-based visibility technologies, and solutions associated with its Arbor portfolio for distributed denial-of-service protection, network detection and response, and other cybersecurity applications.

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