NetScout Systems (NASDAQ:NTCT) Updates FY 2026 Earnings Guidance

Key Points

• NetScout Systems has updated its FY 2026 earnings guidance, projecting earnings per share (EPS) of 2.250-2.40 and revenue of $825.0 million-$865.0 million, slightly differing from consensus estimates.
• Shares of NetScout Systems declined 2.0% to $21.28, with the stock's trading volume surpassing its average, indicating increased market activity.
• Insider transactions included COO Michael Szabados selling 7,500 shares and director Joseph G. Hadzima Jr. selling 3,500 shares, indicating notable insider selling in the company.

NetScout Systems (NASDAQ:NTCT - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.250-2.40 for the period, compared to the consensus estimate of 2.277. The company issued revenue guidance of $825.0 million-$865.0 million, compared to the consensus revenue estimate of $838.0 million.

NetScout Systems Trading Down 2.0%

Shares of NASDAQ:NTCT traded down $0.44 on Thursday, hitting $21.28. The company had a trading volume of 826,117 shares, compared to its average volume of 507,017. The stock has a 50 day moving average price of $23.21 and a 200 day moving average price of $22.44. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of -4.13 and a beta of 0.65. NetScout Systems has a 1-year low of $18.12 and a 1-year high of $27.89.

NetScout Systems (NASDAQ:NTCT - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The technology company reported $0.52 earnings per share for the quarter, hitting the consensus estimate of $0.52. The firm had revenue of $204.99 million for the quarter, compared to analysts' expectations of $194.80 million. NetScout Systems had a positive return on equity of 7.37% and a negative net margin of 44.60%. The company's quarterly revenue was up .8% compared to the same quarter last year. During the same quarter last year, the business earned $0.55 EPS. Sell-side analysts anticipate that NetScout Systems will post 1.5 earnings per share for the current fiscal year.

Insider Transactions at NetScout Systems

In other news, COO Michael Szabados sold 7,500 shares of the business's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $22.77, for a total transaction of $170,775.00. Following the sale, the chief operating officer directly owned 28,489 shares in the company, valued at approximately $648,694.53. The trade was a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Joseph G. Hadzima, Jr. sold 3,500 shares of the business's stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $23.85, for a total transaction of $83,475.00. Following the sale, the director directly owned 127,798 shares in the company, valued at $3,047,982.30. The trade was a 2.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,000 shares of company stock valued at $324,660. Corporate insiders own 3.82% of the company's stock.

Hedge Funds Weigh In On NetScout Systems

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in NetScout Systems by 5.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,377 shares of the technology company's stock worth $869,000 after purchasing an additional 2,036 shares in the last quarter. Royal Bank of Canada raised its stake in shares of NetScout Systems by 23.3% in the first quarter. Royal Bank of Canada now owns 51,798 shares of the technology company's stock valued at $1,088,000 after buying an additional 9,802 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of NetScout Systems by 7.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,284 shares of the technology company's stock worth $4,481,000 after acquiring an additional 15,112 shares during the period. Jane Street Group LLC raised its stake in NetScout Systems by 64.3% in the 1st quarter. Jane Street Group LLC now owns 348,209 shares of the technology company's stock valued at $7,316,000 after acquiring an additional 136,253 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in NetScout Systems by 17.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,420,479 shares of the technology company's stock worth $29,844,000 after buying an additional 207,807 shares during the period. Institutional investors own 91.64% of the company's stock.

NetScout Systems Company Profile

NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.

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