NetScout Systems (NASDAQ:NTCT) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

NetScout Systems, Inc. (NASDAQ:NTCT) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $28.53 and traded as high as $33.44. NetScout Systems shares last traded at $33.36, with a volume of 599,235 shares traded.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Royal Bank Of Canada dropped their price objective on shares of NetScout Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Monday, January 5th. Wall Street Zen raised shares of NetScout Systems from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of NetScout Systems in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $31.00.

NetScout Systems Stock Performance

The firm has a market cap of $2.35 billion, a price-to-earnings ratio of 25.07 and a beta of 0.58. The business’s 50 day moving average price is $31.10 and its 200 day moving average price is $28.59.

NetScout Systems (NASDAQ:NTCT) last announced its 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. NetScout Systems had a return on equity of 8.49% and a net margin of 11.13%.The firm had revenue of $250.68 million for the quarter, compared to analyst estimates of $233.69 million. During the same quarter last year, the firm posted $0.94 EPS. The business’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. Sell-side analysts anticipate that NetScout Systems, Inc. will post 1.74 earnings per share for the current fiscal year.

Insider Activity

In other 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 transaction, the executive vice president owned 129,494 shares in the company, valued at $3,884,820. This trade represents a 2.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 3.82% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. IFP Advisors Inc lifted its position in shares of NetScout Systems by 147.2% during the 4th quarter. IFP Advisors Inc now owns 1,011 shares of the technology company’s stock valued at $27,000 after buying an additional 602 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of NetScout Systems by 92.8% during the 4th quarter. Farther Finance Advisors LLC now owns 1,290 shares of the technology company’s stock valued at $35,000 after buying an additional 621 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of NetScout Systems during the 3rd quarter valued at approximately $35,000. Global Retirement Partners LLC purchased a new position in shares of NetScout Systems during the 4th quarter valued at approximately $39,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in NetScout Systems by 1,936.4% in 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. Hedge funds and other institutional investors own 91.64% of the company’s stock.

About NetScout Systems

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.