Clark Estates Inc. NY Sells 11,100 Shares of NetScout Systems, Inc. (NASDAQ:NTCT)

Clark Estates Inc. NY cut its holdings in shares of NetScout Systems, Inc. (NASDAQ:NTCT) by 7.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 137,750 shares of the technology company’s stock after selling 11,100 shares during the quarter. Clark Estates Inc. NY owned 0.19% of NetScout Systems worth $2,996,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NTCT. Vanguard Group Inc. lifted its position in shares of NetScout Systems by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 9,230,849 shares of the technology company’s stock worth $201,602,000 after buying an additional 223,975 shares during the last quarter. Pacer Advisors Inc. raised its holdings in NetScout Systems by 224,935.8% in the 3rd quarter. Pacer Advisors Inc. now owns 2,056,827 shares of the technology company’s stock valued at $44,736,000 after buying an additional 2,055,913 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its position 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 buying an additional 35,811 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in NetScout Systems by 10.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,165,443 shares of the technology company’s stock worth $25,348,000 after acquiring an additional 108,258 shares during the last quarter. Finally, Millennium Management LLC increased its position in NetScout Systems by 375.3% in the 2nd quarter. Millennium Management LLC now owns 1,100,485 shares of the technology company’s stock valued at $20,128,000 after acquiring an additional 868,955 shares during the period. 91.64% of the stock is currently owned by institutional investors and hedge funds.

NetScout Systems Trading Up 0.8 %

Shares of NTCT stock opened at $22.11 on Wednesday. NetScout Systems, Inc. has a 1-year low of $17.10 and a 1-year high of $24.42. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.68 and a quick ratio of 1.63. The stock has a 50-day moving average of $21.33 and a 200-day moving average of $20.14.

Insider Activity

In other NetScout Systems news, COO Michael Szabados sold 6,500 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $21.32, for a total value of $138,580.00. Following the transaction, the chief operating officer now owns 42,489 shares in the company, valued at approximately $905,865.48. This represents a 13.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.71% of the stock is owned by company insiders.

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.