NetScout Systems, Inc. (NASDAQ:NTCT) Stock Holdings Boosted by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its position in shares of NetScout Systems, Inc. (NASDAQ:NTCT - Free Report) by 71.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 305,454 shares of the technology company's stock after acquiring an additional 127,200 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.43% of NetScout Systems worth $6,644,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Meeder Asset Management Inc. acquired a new stake in NetScout Systems during the 2nd quarter worth approximately $38,000. Innealta Capital LLC acquired a new position in NetScout Systems during the 2nd quarter worth $60,000. Gladius Capital Management LP purchased a new stake in NetScout Systems during the 2nd quarter worth about $69,000. Quest Partners LLC acquired a new position in shares of NetScout Systems during the second quarter worth about $73,000. Finally, CWM LLC raised its holdings in NetScout Systems by 250.8% in the third quarter. CWM LLC now owns 6,409 shares of the technology company's stock valued at $139,000 after acquiring an additional 4,582 shares in the last quarter. 91.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Royal Bank of Canada reiterated a "sector perform" rating and set a $22.00 target price on shares of NetScout Systems in a research note on Friday, July 26th. StockNews.com cut NetScout Systems from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, July 24th.

Insiders Place Their Bets

In other NetScout Systems news, COO Michael Szabados sold 6,500 shares of the 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 completion of the transaction, the chief operating officer now directly owns 42,489 shares of the company's stock, valued at approximately $905,865.48. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other NetScout Systems news, EVP John Downing sold 4,247 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $20.00, for a total transaction of $84,940.00. Following the transaction, the executive vice president now directly owns 131,590 shares in the company, valued at $2,631,800. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Michael Szabados sold 6,500 shares of NetScout Systems stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $21.32, for a total value of $138,580.00. Following the completion of the transaction, the chief operating officer now owns 42,489 shares of the company's stock, valued at $905,865.48. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 36,452 shares of company stock worth $736,991. Company insiders own 3.71% of the company's stock.

NetScout Systems Stock Performance

Shares of NASDAQ:NTCT traded up $0.12 on Friday, reaching $22.28. The company's stock had a trading volume of 158,746 shares, compared to its average volume of 639,384. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.68 and a quick ratio of 1.63. NetScout Systems, Inc. has a 52-week low of $17.10 and a 52-week high of $24.42. The stock's 50-day moving average is $20.87 and its two-hundred day moving average is $19.96. The stock has a market capitalization of $1.60 billion, a P/E ratio of -2.64 and a beta of 0.58.

About NetScout Systems

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.