NETGEAR, Inc. $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 22.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 236,593 shares of the communications equipment provider's stock after acquiring an additional 42,815 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.82% of NETGEAR worth $6,878,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. CWM LLC boosted its stake in shares of NETGEAR by 35.4% in the first quarter. CWM LLC now owns 2,916 shares of the communications equipment provider's stock valued at $71,000 after purchasing an additional 763 shares during the period. Headlands Technologies LLC lifted its holdings in NETGEAR by 19.6% in the 1st quarter. Headlands Technologies LLC now owns 3,010 shares of the communications equipment provider's stock worth $74,000 after buying an additional 494 shares in the last quarter. Skandinaviska Enskilda Banken AB publ purchased a new position in NETGEAR in the 1st quarter valued at about $154,000. Parallax Volatility Advisers L.P. purchased a new position in NETGEAR in the 1st quarter valued at about $206,000. Finally, US Bancorp DE grew its stake in shares of NETGEAR by 142.6% during the first quarter. US Bancorp DE now owns 8,800 shares of the communications equipment provider's stock valued at $215,000 after acquiring an additional 5,172 shares in the last quarter. Hedge funds and other institutional investors own 82.97% of the company's stock.

Insider Activity at NETGEAR

In related news, Director Shravan Goli sold 11,757 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $26.11, for a total transaction of $306,975.27. Following the sale, the director owned 31,285 shares of the company's stock, valued at $816,851.35. The trade was a 27.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.30% of the stock is owned by corporate insiders.

NETGEAR Price Performance

Shares of NETGEAR stock opened at $33.09 on Monday. NETGEAR, Inc. has a 1-year low of $18.75 and a 1-year high of $34.49. The business's fifty day moving average price is $27.26 and its two-hundred day moving average price is $27.02. The company has a market capitalization of $959.94 million, a P/E ratio of 15.32 and a beta of 1.09.

NETGEAR (NASDAQ:NTGR - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The communications equipment provider reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.22. NETGEAR had a negative return on equity of 3.24% and a net margin of 9.13%.The company had revenue of $170.53 million during the quarter, compared to analysts' expectations of $162.06 million. During the same quarter in the prior year, the business posted ($0.74) earnings per share. The company's revenue for the quarter was up 18.5% compared to the same quarter last year. NETGEAR has set its Q3 2025 guidance at EPS. On average, research analysts expect that NETGEAR, Inc. will post -1.84 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on NTGR shares. Seaport Res Ptn upgraded NETGEAR to a "strong-buy" rating in a research note on Wednesday, October 1st. Stifel Nicolaus assumed coverage on NETGEAR in a research report on Friday, August 22nd. They issued a "buy" rating and a $35.00 target price on the stock. UBS Group set a $35.00 price target on shares of NETGEAR in a research report on Thursday, August 21st. Weiss Ratings reaffirmed a "hold (c)" rating on shares of NETGEAR in a report on Saturday, September 27th. Finally, Wall Street Zen downgraded shares of NETGEAR from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $33.00.

About NETGEAR

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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