NETGEAR, Inc. (NASDAQ:NTGR) Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its stake in NETGEAR, Inc. (NASDAQ:NTGR - Free Report) by 143.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 193,778 shares of the communications equipment provider's stock after acquiring an additional 114,085 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.67% of NETGEAR worth $4,740,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in shares of NETGEAR by 3.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,332,316 shares of the communications equipment provider's stock valued at $37,132,000 after purchasing an additional 44,752 shares during the period. American Century Companies Inc. grew its stake in shares of NETGEAR by 31.6% during the fourth quarter. American Century Companies Inc. now owns 770,464 shares of the communications equipment provider's stock valued at $21,473,000 after acquiring an additional 184,863 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of NETGEAR by 126.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 675,209 shares of the communications equipment provider's stock worth $18,818,000 after acquiring an additional 376,974 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in shares of NETGEAR by 22.7% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 506,756 shares of the communications equipment provider's stock worth $14,123,000 after acquiring an additional 93,737 shares in the last quarter. Finally, Bridgeway Capital Management LLC boosted its holdings in NETGEAR by 47.7% in the fourth quarter. Bridgeway Capital Management LLC now owns 406,119 shares of the communications equipment provider's stock valued at $11,319,000 after purchasing an additional 131,243 shares during the last quarter. Institutional investors and hedge funds own 82.97% of the company's stock.

NETGEAR Price Performance

NTGR opened at $29.07 on Tuesday. The stock has a market capitalization of $836.63 million, a PE ratio of 35.45 and a beta of 1.14. NETGEAR, Inc. has a 12-month low of $13.96 and a 12-month high of $31.55. The firm's fifty day moving average price is $28.20 and its 200 day moving average price is $26.60.

NETGEAR (NASDAQ:NTGR - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The communications equipment provider reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.35) by $0.37. The business had revenue of $162.06 million for the quarter, compared to analysts' expectations of $152.24 million. NETGEAR had a net margin of 3.72% and a negative return on equity of 7.63%. The company's quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter last year, the company posted ($0.28) earnings per share. On average, equities research analysts forecast that NETGEAR, Inc. will post -1.84 earnings per share for the current fiscal year.

Insider Transactions at NETGEAR

In other news, Director Laura Durr sold 4,388 shares of the business's stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $29.50, for a total value of $129,446.00. Following the completion of the sale, the director directly owned 49,446 shares in the company, valued at approximately $1,458,657. The trade was a 8.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Murray Bryan sold 2,671 shares of the firm's stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $28.09, for a total value of $75,028.39. Following the transaction, the chief financial officer owned 178,945 shares in the company, valued at $5,026,565.05. This trade represents a 1.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 19,671 shares of company stock worth $565,429. 2.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded NETGEAR from a "hold" rating to a "buy" rating in a report on Monday, May 5th.

NETGEAR Company Profile

NETGEAR, Inc provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific. The company operates in two segments, Connected Home, and NETGEAR for Business. The Connected Home segment offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, digital displays, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, and Wi-Fi network adapters; and provides value-added service offerings, including security and privacy, technical support, and parental controls.

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