Capstone Investment Advisors LLC Invests $940,000 in NetScout Systems, Inc. (NASDAQ:NTCT)

Capstone Investment Advisors LLC bought a new position in shares of NetScout Systems, Inc. (NASDAQ:NTCT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 43,216 shares of the technology company’s stock, valued at approximately $940,000. Capstone Investment Advisors LLC owned 0.06% of NetScout Systems at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Russell Investments Group Ltd. raised its position in shares of NetScout Systems by 34,572.1% during the first quarter. Russell Investments Group Ltd. now owns 14,909 shares of the technology company’s stock valued at $326,000 after buying an additional 14,866 shares during the last quarter. Vanguard Group Inc. raised its holdings in NetScout Systems by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 9,230,849 shares of the technology company’s stock valued at $201,602,000 after acquiring an additional 223,975 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of NetScout Systems by 5.4% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 79,170 shares of the technology company’s stock worth $1,728,000 after acquiring an additional 4,037 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of NetScout Systems by 5.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 45,401 shares of the technology company’s stock worth $992,000 after purchasing an additional 2,264 shares in the last quarter. Finally, Comerica Bank increased its position in shares of NetScout Systems by 38.8% during the first quarter. Comerica Bank now owns 45,858 shares of the technology company’s stock valued at $1,002,000 after purchasing an additional 12,828 shares during the period. 91.64% of the stock is owned by institutional investors.

NetScout Systems Stock Down 0.4 %

Shares of NTCT stock opened at $22.02 on Friday. NetScout Systems, Inc. has a one year low of $17.10 and a one year high of $24.42. The company has a quick ratio of 1.63, a current ratio of 1.68 and a debt-to-equity ratio of 0.05. The stock has a fifty day moving average price of $21.40 and a 200 day moving average price of $20.16.

Insider Transactions at NetScout Systems

In other 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 completion of the transaction, the chief operating officer now directly owns 42,489 shares of the company’s stock, valued at approximately $905,865.48. This represents a 13.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 3.71% of the stock is owned by 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.