Netscout Systems Inc’s filing revealed that its EVP, World-Wide Sales DOWNING JOHN unloaded Company’s shares for reported $72750.0 on Feb 18 ’25. In the deal valued at $24.25 per share,3,000 shares were sold. As a result of this transaction, DOWNING JOHN now holds 130,352 shares worth roughly $3.02 million.
Then, DOWNING JOHN bought 3,000 shares, generating $72,750 in total proceeds.
Before that, BUA JEAN A sold 11,999 shares. Netscout Systems Inc shares valued at $287,033 were divested by the insider at a price of $23.92 per share. As a result of the transaction, BUA JEAN A now holds 71,361 shares, worth roughly $1.66 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 Tuesday, Netscout Systems Inc [NASDAQ:NTCT] saw its stock fall -1.36% to $23.20. Over the last five days, the stock has lost -4.05%. Netscout Systems Inc shares have risen nearly 7.11% since the year began. Nevertheless, the stocks have risen 7.76% 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 $22.82, while 200 days put it at $20.93.
Levels Of Support And Resistance For NTCT Stock
The 24-hour chart illustrates a support level at 22.96, which if violated will result in even more drops to 22.71. On the upside, there is a resistance level at 23.57. A further resistance level may holdings at 23.93. The Relative Strength Index (RSI) on the 14-day chart is 45.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.26%. Stochastics %K at 19.85% indicates the stock is a buying.
