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Bryan Murray, the Chief Financial Officer of NETGEAR , Inc. (NASDAQ:NTGR), recently reported selling shares of the company. According to a recent SEC filing, Murray sold a total of 2,671 shares in two separate transactions on May 2, 2025. The shares were sold at prices ranging from $27.52 to $28.42, resulting in a total transaction value of $75,032. The sales occurred as NETGEAR’s stock has shown remarkable strength, delivering a 139% return over the past year. InvestingPro analysis indicates the company maintains a strong financial health score of "GOOD," with robust liquidity reflected in a current ratio of 2.81.
The transactions were part of a pre-arranged trading plan adopted by Murray in December 2024, designed to cover expected tax liabilities related to the vesting of equity awards. Following these sales, Murray now holds 178,945 shares of NETGEAR. For deeper insights into insider trading patterns and comprehensive financial analysis, InvestingPro subscribers can access detailed reports covering 1,400+ US stocks, including NETGEAR’s complete insider transaction history and valuation metrics.
In addition to the sales, Murray also reported other transactions on the form, including the acquisition of 6,671 shares through the vesting of Performance-Based Restricted Stock Units (PRSUs) and the withholding of 18,087 shares to satisfy tax obligations related to the vesting of these and other restricted stock units. With a current market capitalization of approximately $805 million, NETGEAR trades at levels that InvestingPro analysis suggests may be above its Fair Value.
In other recent news, NETGEAR Inc. reported a surprising turnaround in its Q1 2025 earnings, achieving an earnings per share (EPS) of $0.02, significantly exceeding the anticipated loss of $0.37 per share. The company also surpassed revenue expectations, reporting $162.1 million against the forecasted $152.24 million. This performance highlights NETGEAR’s strategic initiatives, such as the acquisition of VOG Systems and the launch of a new WiFi 7 product line, which have bolstered its market position. The company has projected Q2 2025 revenue between $155 million and $170 million, indicating cautious optimism despite ongoing market challenges. NETGEAR’s efforts in strategic acquisitions and operational restructuring have been noted as significant contributors to its positive results. Analysts from Raymond (NSE:RYMD) James have acknowledged the company’s resilience and strategic positioning, particularly in navigating geopolitical challenges. Additionally, NETGEAR’s focus on enhancing its software development capabilities through the VOG Systems acquisition has been a strategic move to support its future growth.
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