Victory Capital Management Inc. Purchases 141,420 Shares of NetScout Systems, Inc. $NTCT

Key Points

• Victory Capital Management raised its position in NetScout by 55.2%, buying 141,420 shares to hold 397,705 shares (about 0.55% of the company) worth roughly $10.27 million at quarter-end.
• NetScout beat recent quarterly expectations with $1.00 EPS vs. $0.86 expected and $250.7M in revenue, and set FY2026 guidance of 2.37–2.45 EPS.
• Analysts have a consensus rating of "Moderate Buy" with an average target of $31.00, reflecting mixed notes including an upgrade from Wall Street Zen and a lowered RBC target to $29.00.

Victory Capital Management Inc. raised its position in shares of NetScout Systems, Inc. (NASDAQ:NTCT - Free Report) by 55.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 397,705 shares of the technology company's stock after buying an additional 141,420 shares during the quarter. Victory Capital Management Inc. owned about 0.55% of NetScout Systems worth $10,273,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Legal & General Group Plc raised its stake in NetScout Systems by 2.1% during the second quarter. Legal & General Group Plc now owns 4,484,569 shares of the technology company's stock valued at $111,262,000 after buying an additional 91,248 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of NetScout Systems by 1.2% during the second quarter. Geode Capital Management LLC now owns 1,758,249 shares of the technology company's stock valued at $43,626,000 after purchasing an additional 21,498 shares in the last quarter. First Trust Advisors LP grew its stake in shares of NetScout Systems by 6.0% in the second quarter. First Trust Advisors LP now owns 1,755,457 shares of the technology company's stock worth $43,553,000 after acquiring an additional 99,400 shares during the period. LSV Asset Management boosted its holdings in NetScout Systems by 39.5% in the third quarter. LSV Asset Management now owns 1,700,014 shares of the technology company's stock worth $43,911,000 after purchasing an additional 481,400 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in NetScout Systems by 17.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,420,479 shares of the technology company's stock valued at $29,844,000 after buying an additional 207,807 shares during the last quarter. 91.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NTCT has been the subject of several research analyst reports. Wall Street Zen raised NetScout Systems from a "hold" rating to a "buy" rating in a report on Saturday, February 28th. Royal Bank Of Canada cut their price target on NetScout Systems from $31.00 to $29.00 and set a "sector perform" rating for the company in a research note on Monday, January 5th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of NetScout Systems in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, NetScout Systems currently has a consensus rating of "Moderate Buy" and an average target price of $31.00.

NetScout Systems Stock Performance

NASDAQ NTCT opened at $30.33 on Thursday. The business's fifty day moving average is $28.38 and its 200 day moving average is $27.17. NetScout Systems, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $30.89. The company has a market capitalization of $2.19 billion, a PE ratio of 23.33 and a beta of 0.63.

NetScout Systems (NASDAQ:NTCT - Get Free Report) last announced its quarterly earnings data 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. NetScout Systems had a return on equity of 8.49% and a net margin of 11.13%.The company had revenue of $250.68 million during the quarter, compared to the consensus estimate of $233.69 million. During the same period in the previous year, the company posted $0.94 EPS. The firm's revenue was down .5% on a year-over-year basis. NetScout Systems has set its FY 2026 guidance at 2.370-2.450 EPS. On average, sell-side analysts forecast that NetScout Systems, Inc. will post 1.5 EPS for the current year.

Insider Buying and Selling at NetScout Systems

In related news, Director Christopher Perretta sold 10,000 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $28.01, for a total transaction of $280,100.00. Following the completion of the sale, the director owned 40,866 shares in the company, valued at approximately $1,144,656.66. This trade represents a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John Downing sold 3,000 shares of NetScout Systems stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $30.00, for a total value of $90,000.00. Following the sale, the executive vice president directly owned 129,494 shares in the company, valued at $3,884,820. This trade represents a 2.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.82% of the company's stock.

NetScout Systems 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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