Netscout Systems Inc’s recently made public that its insider BUA JEAN A unloaded Company’s shares for reported $0.29 million on Feb 13 ’25. In the deal valued at $23.92 per share,11,999 shares were sold. As a result of this transaction, BUA JEAN A now holds 71,361 shares worth roughly $ 1.73 million.
Then, BUA JEAN A bought 11,999 shares, generating $287,033 in total proceeds.
Before that, SZABADOS MICHAEL sold 6,500 shares. Netscout Systems Inc shares valued at $152,549 were divested by the Chief Operating Officer at a price of $23.47 per share. As a result of the transaction, SZABADOS MICHAEL now holds 35,989 shares, worth roughly $0.87 million.
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 Friday, Netscout Systems Inc [NASDAQ:NTCT] saw its stock fall -1.10% to $24.22. Over the last five days, the stock has lost -0.04%. Netscout Systems Inc shares have risen nearly 11.82% since the year began. Nevertheless, the stocks have risen 21.53% 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 $22.66, while 200 days put it at $20.81.
Levels Of Support And Resistance For NTCT Stock
The 24-hour chart illustrates a support level at 24.01, which if violated will result in even more drops to 23.79. On the upside, there is a resistance level at 24.47. A further resistance level may holdings at 24.71. The Relative Strength Index (RSI) on the 14-day chart is 56.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.05%. Stochastics %K at 36.80% 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 2025-01-31, growing by 48129.0 shares to a total of 1.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.42 million shares. There was a rise of 3.29%, which implies that there is a positive sentiment for the stock.
