Netscout Systems Inc’s recent filing unveils that its Officer SZABADOS MICHAEL acquired Company’s shares for reported $0.15 million on Feb 04 ’25. In the deal valued at $23.47 per share,6,500 shares were bought.
Then, DOWNING JOHN sold 3,000 shares, generating $67,650 in total proceeds. Upon selling the shares at $22.55, the EVP, World-Wide Sales now owns 133,352 shares.
Before that, DOWNING JOHN bought 3,000 shares. Netscout Systems Inc shares valued at $67,650 were divested by the Officer at a price of $22.55 per share.
Piper Sandler upgraded its Netscout Systems Inc [NTCT] rating to a Neutral from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in late May from “a Neutral” to “an Underweight”. Lake Street also remained covering NTCT and has decreased its forecast on October 30, 2020 with a “Hold” recommendation from previously “Buy” rating. Piper Sandler revised its rating on October 29, 2020. It rated NTCT as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of NTCT
On Tuesday, Netscout Systems Inc [NASDAQ:NTCT] saw its stock jump 0.71% to $24.14. Over the last five days, the stock has gained 6.77%. Netscout Systems Inc shares have risen nearly 11.45% since the year began. Nevertheless, the stocks have risen 10.53% over the past one year. While a 52-week high of $27.89 was reached on 01/30/25, a 52-week low of $17.10 was recorded on 01/13/25. SMA at 50 days reached $22.25, while 200 days put it at $20.62.
Levels Of Support And Resistance For NTCT Stock
The 24-hour chart illustrates a support level at 23.46, which if violated will result in even more drops to 22.77. On the upside, there is a resistance level at 24.55. A further resistance level may holdings at 24.95. The Relative Strength Index (RSI) on the 14-day chart is 61.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.00, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 63.61%. Stochastics %K at 38.39% indicates the stock is a holding.
How much short interest is there in Netscout Systems Inc?
A steep rise in short interest was recorded in Netscout Systems Inc stocks on 2025-01-15, dropping by -0.11 million shares to a total of 1.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.41 million shares. There was a decline of -8.69%, which implies that there is a negative sentiment for the stock.
