NetScout Systems Insider Buys: Eric Todd Watt Acquires Shares
Eric Todd Watt, Chief Accounting Officer of NetScout Systems, bought 10,000 shares.
Key Points
- Eric Todd Watt, Chief Accounting Officer of NetScout Systems, purchased 10,000 shares on June 19, 2026.
- NetScout Systems, traded on NasdaqGS under the ticker NTCT, had a market cap of $2.88 billion and a P/E ratio of 31.04.
- Peers like BlackRock and Dimensional Fund Advisors also adjusted their holdings in NetScout Systems recently.
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Eric Todd Watt, the Chief Accounting Officer at NetScout Systems, Inc. (NasdaqGS:NTCT), recently purchased 10,000 shares of the company. This insider transaction took place on June 19, 2026. Shares of NetScout Systems traded at $40.29 on Friday.
Insider Buying and Selling at NetScout Systems, Inc.
On June 19, 2026, several insiders at NetScout Systems made notable transactions. Eric Todd Watt, the Chief Accounting Officer, bought 10,000 shares. Anil Singhal, the President & CEO, also acquired 10,368 shares but sold 4,609 shares on the same day. John Downing, EVP of World-Wide Sales, purchased 5,184 shares but also sold the same amount. These transactions were not part of any pre-planned trading programs.
Other Institutional Activity in NetScout Systems
Several institutional investors have been active in NetScout Systems. BlackRock, Inc. increased its holdings by 21,275 shares, bringing its total to 11,388,987 shares valued at approximately $362.1 million. Dimensional Fund Advisors LP added 110,702 shares, growing its position by 2.7% to 4,258,974 shares worth about $135.4 million. Meanwhile, Legal & General Group PLC reduced its stake by 225,831 shares, a 5.8% decrease, ending with 3,635,111 shares valued at $115.6 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, each acquiring over 3 million shares.
NetScout Systems, Inc. Stock Up 3.1%
As of Friday, shares of NetScout Systems were trading at $40.29. The company, which operates in the technology sector, has a market capitalization of approximately $2.88 billion. It holds a P/E ratio of 31.04 and a forward P/E of 14.45. The stock has seen a 52-week range between $20.39 and $43.80, with a current beta of 0.687, indicating less volatility compared to the broader market. The company's 50-day moving average is $37.61, and its 200-day moving average is $30.27.
$NTCT stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its most recent earnings report, NetScout Systems posted revenue of $859.5 million, although it recorded a slight revenue decline of 1%. The company's net margin stands at 11.1%, with a return on equity of 5.95%. The next earnings release is scheduled for August 6, 2026.
Analysts Set New Price Targets
RBC Capital maintained its hold rating on NetScout Systems with a price target of $38.00, as of May 8, 2026. The consensus among analysts is a hold rating, with a mean target price of $41.71 based on three analyst opinions.
About NetScout Systems
NetScout Systems, Inc., headquartered in Westford, Massachusetts, provides service assurance and cybersecurity solutions. The company offers tools like the nGeniusONE management software to help businesses predict and resolve network issues. NetScout serves a wide range of industries, including financial services, healthcare, and government sectors. Led by CEO Anil K. Singhal, the company employs over 2,050 people.
Bottom Line
Eric Todd Watt's recent share purchase at NetScout Systems highlights ongoing insider interest in the company. Investors often track insider transactions for potential signals about a company's prospects. Remember, though, that such filings are backward-looking and may not reflect current positions.
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