NetScout Systems, Inc. (NASDAQ:NTCT) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC increased its holdings in shares of NetScout Systems, Inc. (NASDAQ:NTCT) by 2.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 28,296 shares of the technology company’s stock after purchasing an additional 606 shares during the quarter. Natixis Advisors LLC’s holdings in NetScout Systems were worth $615,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of NTCT. Vanguard Group Inc. boosted its stake in shares of NetScout Systems by 2.5% in the first quarter. Vanguard Group Inc. now owns 9,230,849 shares of the technology company’s stock valued at $201,602,000 after purchasing an additional 223,975 shares during the period. D. E. Shaw & Co. Inc. increased its holdings in NetScout Systems by 2.9% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,275,726 shares of the technology company’s stock worth $23,333,000 after purchasing an additional 35,811 shares during the last quarter. Millennium Management LLC boosted its stake in shares of NetScout Systems by 375.3% during the 2nd quarter. Millennium Management LLC now owns 1,100,485 shares of the technology company’s stock valued at $20,128,000 after buying an additional 868,955 shares during the last quarter. Assenagon Asset Management S.A. grew its position in shares of NetScout Systems by 24.5% during the third quarter. Assenagon Asset Management S.A. now owns 1,053,606 shares of the technology company’s stock worth $22,916,000 after buying an additional 207,171 shares in the last quarter. Finally, Impax Asset Management Group plc increased its stake in shares of NetScout Systems by 32.0% in the third quarter. Impax Asset Management Group plc now owns 495,000 shares of the technology company’s stock worth $10,766,000 after buying an additional 120,000 shares during the last quarter. Hedge funds and other institutional investors own 91.64% of the company’s stock.

Insider Transactions at NetScout Systems

In other NetScout Systems news, COO Michael Szabados sold 6,500 shares of the business’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $21.32, for a total value of $138,580.00. Following the sale, the chief operating officer now directly owns 42,489 shares in the company, valued at approximately $905,865.48. The trade was a 13.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.71% of the company’s stock.

NetScout Systems Trading Down 0.4 %

Shares of NASDAQ NTCT opened at $22.02 on Thursday. The company has a quick ratio of 1.63, a current ratio of 1.68 and a debt-to-equity ratio of 0.05. The stock’s 50 day moving average price is $21.37 and its two-hundred day moving average price is $20.15. NetScout Systems, Inc. has a 52-week low of $17.10 and a 52-week high of $24.42. The stock has a market capitalization of $1.58 billion, a P/E ratio of -2.62 and a beta of 0.58.

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.