NetScout Systems, Inc. $NTCT Shares Purchased by Allspring Global Investments Holdings LLC

Key Points

• Allspring Global Investments Holdings LLC increased its stake in NetScout by 93.3% to 119,363 shares, representing about 0.17% of the company and worth $3.205 million.
• NetScout beat quarterly expectations with EPS of $1.00 (vs. $0.86) and revenue of $250.68M (vs. $233.69M), and set FY2026 guidance of 2.370–2.450 EPS.
• The stock has a market capitalization of $2.39 billion and a P/E of 25.48, with an average analyst rating of "Moderate Buy" and an average target price of $31.00.

Allspring Global Investments Holdings LLC increased its stake in shares of NetScout Systems, Inc. (NASDAQ:NTCT - Free Report) by 93.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 119,363 shares of the technology company's stock after acquiring an additional 57,602 shares during the period. Allspring Global Investments Holdings LLC owned about 0.17% of NetScout Systems worth $3,205,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Advisory Services Network LLC purchased a new position in shares of NetScout Systems during the 3rd quarter valued at approximately $35,000. EverSource Wealth Advisors LLC increased its holdings in shares of NetScout Systems by 1,936.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,016 shares of the technology company's stock valued at $50,000 after purchasing an additional 1,917 shares in the last quarter. Allworth Financial LP increased its holdings in shares of NetScout Systems by 90.1% during the 3rd quarter. Allworth Financial LP now owns 2,083 shares of the technology company's stock valued at $54,000 after purchasing an additional 987 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new position in shares of NetScout Systems during the 3rd quarter valued at approximately $55,000. Finally, Vestcor Inc purchased a new position in shares of NetScout Systems during the 3rd quarter valued at approximately $65,000. 91.64% of the stock is owned by institutional investors and hedge funds.

Insider Activity at NetScout Systems

In other NetScout Systems news, EVP John Downing sold 3,000 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $30.00, for a total transaction of $90,000.00. Following the completion of the transaction, the executive vice president owned 129,494 shares of the company's stock, valued at $3,884,820. This represents a 2.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.82% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

NTCT has been the subject of a number of analyst reports. Royal Bank Of Canada decreased their price objective on shares of NetScout Systems from $31.00 to $29.00 and set a "sector perform" rating for the company in a research report on Monday, January 5th. Wall Street Zen upgraded shares of NetScout Systems from a "hold" rating to a "buy" rating in a research report on Saturday, February 28th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of NetScout Systems in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, NetScout Systems presently has an average rating of "Moderate Buy" and an average target price of $31.00.

NetScout Systems Stock Performance

NetScout Systems stock opened at $33.12 on Wednesday. The company's fifty day moving average price is $29.93 and its 200 day moving average price is $28.05. NetScout Systems, Inc. has a 1 year low of $18.61 and a 1 year high of $33.21. The stock has a market capitalization of $2.39 billion, a P/E ratio of 25.48 and a beta of 0.58.

NetScout Systems (NASDAQ:NTCT - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The technology company reported $1.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.14. The firm had revenue of $250.68 million for the quarter, compared to analysts' expectations of $233.69 million. NetScout Systems had a net margin of 11.13% and a return on equity of 8.49%. The firm's revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter last year, the company earned $0.94 EPS. NetScout Systems has set its FY 2026 guidance at 2.370-2.450 EPS. Sell-side analysts predict that NetScout Systems, Inc. will post 1.5 EPS for the current year.

NetScout Systems Company Profile

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.

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