Weiss Ratings Reaffirms Hold (C) Rating for NETGEAR (NASDAQ:NTGR)

Key Points

• Weiss Ratings has reaffirmed a "hold (c)" rating for NETGEAR (NASDAQ: NTGR) as other analysts continue to express varying opinions, with price targets ranging from $33 to $35.
• NETGEAR reported a significant financial improvement, achieving $0.06 earnings per share for the last quarter, exceeding estimates and marking an 18.5% increase in revenue year-over-year.
• Insiders are actively trading shares, with one director selling 11,757 shares, indicating a 27.32% decrease in their ownership, while institutional investors own approximately 82.97% of the company’s stock.

NETGEAR (NASDAQ:NTGR - Get Free Report)'s stock had its "hold (c)" rating reissued by analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

A number of other research analysts have also weighed in on NTGR. UBS Group set a $35.00 price objective on NETGEAR in a report on Thursday, August 21st. Stifel Nicolaus initiated coverage on NETGEAR in a report on Friday, August 22nd. They set a "buy" rating and a $35.00 price objective on the stock. Wall Street Zen lowered NETGEAR from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Finally, Seaport Res Ptn upgraded NETGEAR to a "strong-buy" rating in a research report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $33.00.

NETGEAR Price Performance

Shares of NTGR stock opened at $33.06 on Wednesday. The business's fifty day moving average price is $27.72 and its 200 day moving average price is $27.16. NETGEAR has a 1-year low of $18.75 and a 1-year high of $34.49. The firm has a market capitalization of $959.07 million, a PE ratio of 15.31 and a beta of 1.09.

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

Insiders Place Their Bets

In related news, Director Shravan Goli sold 11,757 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $26.11, for a total transaction of $306,975.27. Following the transaction, the director directly owned 31,285 shares in the company, valued at approximately $816,851.35. This represents a 27.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 2.30% of the company's stock.

Institutional Investors Weigh In On NETGEAR

Large investors have recently modified their holdings of the stock. FNY Investment Advisers LLC purchased a new position in NETGEAR in the second quarter valued at about $58,000. Rexford Capital Inc. purchased a new position in NETGEAR in the second quarter valued at about $58,000. CWM LLC boosted its holdings in 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 last quarter. Headlands Technologies LLC boosted its holdings in NETGEAR by 19.6% in the first quarter. Headlands Technologies LLC now owns 3,010 shares of the communications equipment provider's stock valued at $74,000 after purchasing an additional 494 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in NETGEAR by 35.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,475 shares of the communications equipment provider's stock valued at $101,000 after purchasing an additional 904 shares during the last quarter. Institutional investors and hedge funds own 82.97% of the company's stock.

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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