NetScout Systems, Inc. (NTCT) Reaches $29.95 After 8.00% Up Move; LEONARDO SPA ORDINARY SHARES (FINMF) Sellers Increased By 18.9% Their Shorts

June 14, 2018 - By Maria Brooks

NetScout Systems, Inc. (NASDAQ:NTCT) Logo

The stock of NetScout Systems, Inc. (NASDAQ:NTCT) is a huge mover today! The stock increased 2.74% or $0.8 during the last trading session, reaching $29.95. About 709,336 shares traded. NetScout Systems, Inc. (NASDAQ:NTCT) has declined 24.55% since June 14, 2017 and is downtrending. It has underperformed by 37.12% the S&P500. Some Historical NTCT News: ; 04/05/2018 – Netscout could attract activist looking for M&A deal – sources [21:25 BST04 May 2018] [Proprietary] []; 11/04/2018 – RCR Wireless: NetScout brings smart data technology to LFN; 15/05/2018 – NETSCOUT Honored for Delivering World-Class Customer Service; 11/04/2018 – New NETSCOUT DDoS Mitigation Platform for Terabit Attack Era; 03/05/2018 – NetScout Systems 4Q Rev $235.2M; 03/05/2018 – NetScout Systems 4Q EPS 20c; 14/05/2018 – Epoch Investment Partners, Inc. Exits Position in NetScout; 25/04/2018 – NetScout Systems: Board Increases to 9 Members From 7 Members; 05/04/2018 – NETSCOUT Wins Network Computing Product of the Year; 04/04/2018 – NETSCOUT ENGAGE ’18 Dedicated to Helping Customers Win in the Digital WorldThe move comes after 8 months positive chart setup for the $2.40 billion company. It was reported on Jun, 14 by Barchart.com. We have $32.35 PT which if reached, will make NASDAQ:NTCT worth $192.32M more.

LEONARDO SPA ORDINARY SHARES (OTCMKTS:FINMF) had an increase of 18.9% in short interest. FINMF’s SI was 8.74 million shares in June as released by FINRA. Its up 18.9% from 7.35 million shares previously. With 300 avg volume, 29117 days are for LEONARDO SPA ORDINARY SHARES (OTCMKTS:FINMF)’s short sellers to cover FINMF’s short positions. The SI to LEONARDO SPA ORDINARY SHARES’s float is 2.25%. It closed at $10.5 lastly. It is down 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Leonardo S.p.A. engages in the helicopters, defense and security systems, electronics, aeronautics, space, and other businesses in Italy, the United Kingdom, rest of Europe, North America, and internationally. The company has market cap of $6.11 billion. The firm researches, designs, develops, produces, supports, and markets a range of helicopters for commercial, public service, and security and defense applications. It has a 18.04 P/E ratio. It also engages in the design, development, production, and logistics support of trainer aircraft, and the relevant integrated systems for crew training; military and tactical transport aircraft; special mission multi-role aircraft; and unmanned systems, as well as nacelles.

Investors sentiment increased to 0.92 in Q1 2018. Its up 0.09, from 0.83 in 2017Q4. It is positive, as 37 investors sold NetScout Systems, Inc. shares while 66 reduced holdings. 39 funds opened positions while 56 raised stakes. 90.23 million shares or 3.88% less from 93.87 million shares in 2017Q4 were reported. Glenmede Tru Na holds 0% or 685 shares in its portfolio. Barclays Pcl invested in 38,866 shares or 0% of the stock. Fisher Asset Ltd Liability Com has invested 0.11% in NetScout Systems, Inc. (NASDAQ:NTCT). 17,162 are held by Liberty Mutual Asset Mngmt Incorporated. Sg Americas Securities Limited Liability Corporation has 19,407 shares. Nokota Mgmt Limited Partnership holds 1.22 million shares or 0.44% of its portfolio. Bessemer holds 0% of its portfolio in NetScout Systems, Inc. (NASDAQ:NTCT) for 860 shares. Voya Inv Mngmt Ltd Liability Com holds 1.74M shares or 0.1% of its portfolio. Kennedy Cap Mgmt Inc invested 0.05% of its portfolio in NetScout Systems, Inc. (NASDAQ:NTCT). Macquarie Group Inc holds 0.07% of its portfolio in NetScout Systems, Inc. (NASDAQ:NTCT) for 1.49M shares. Ameriprise Fincl Incorporated holds 824,818 shares. Moreover, Virginia Retirement System Et Al has 0.02% invested in NetScout Systems, Inc. (NASDAQ:NTCT). Nj State Employees Deferred Compensation Plan accumulated 19,977 shares or 0.09% of the stock. Stevens Management L P invested in 22,775 shares. North Star Asset Mgmt has 53,471 shares.

Analysts await NetScout Systems, Inc. (NASDAQ:NTCT) to report earnings on July, 26. They expect $-0.10 earnings per share, down 1,100.00% or $0.11 from last year’s $0.01 per share. After $0.25 actual earnings per share reported by NetScout Systems, Inc. for the previous quarter, Wall Street now forecasts -140.00% negative EPS growth.

Another recent and important NetScout Systems, Inc. (NASDAQ:NTCT) news was published by Businesswire.com which published an article titled: “NETSCOUT Demonstrates How Enterprises Can Leverage Smart Data” on June 11, 2018.

Among 13 analysts covering NetScout Systems (NASDAQ:NTCT), 5 have Buy rating, 0 Sell and 8 Hold. Therefore 38% are positive. NetScout Systems had 30 analyst reports since July 31, 2015 according to SRatingsIntel. RBC Capital Markets downgraded it to “Sector Perform” rating and $31 target in Thursday, January 19 report. RBC Capital Markets maintained NetScout Systems, Inc. (NASDAQ:NTCT) on Sunday, September 3 with “Hold” rating. The firm earned “Hold” rating on Wednesday, January 10 by Craig Hallum. The stock has “Hold” rating by RBC Capital Markets on Tuesday, January 30. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, July 19. The rating was maintained by RBC Capital Markets on Sunday, October 8 with “Hold”. The rating was downgraded by DA Davidson on Wednesday, January 10 to “Neutral”. Piper Jaffray maintained NetScout Systems, Inc. (NASDAQ:NTCT) on Wednesday, January 10 with “Buy” rating. Stephens maintained NetScout Systems, Inc. (NASDAQ:NTCT) rating on Wednesday, January 31. Stephens has “Hold” rating and $28.0 target. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, October 11.

NetScout Systems, Inc. provides real-time operational intelligence and performance analytics for service assurance, and cybersecurity solutions in the United States, Europe, Asia, and internationally. The company has market cap of $2.40 billion. The firm offers nGeniusONE management software that enables clients 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 clients to analyze and troubleshoot traffic in radio access and WiFi networks, as well as gain timely insight into services, applications, and systems. It has a 33.28 P/E ratio. It also provides Intelligent Data Sources under the Infinistream brand name that provide real-time collection and analysis of data from the network; packet flow switching solutions that delivers targeted network traffic access to an increasing number of monitoring and security systems; and a suite of test access points that enable non-disruptive access to network traffic with multiple link type and speed options.

Since February 2, 2018, it had 0 insider purchases, and 5 sales for $584,018 activity. 3,000 shares were sold by DOWNING JOHN, worth $83,460 on Tuesday, May 8. On Friday, February 2 the insider SZABADOS MICHAEL sold $140,830. On Thursday, May 17 the insider BUA JEAN A sold $136,097.

NetScout Systems, Inc. (NASDAQ:NTCT) Institutional Positions Chart

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