Netscout systems COO sells $152,549 in stock

Michael Szabados, Chief Operating Officer of NetScout Systems Inc. (NASDAQ:NTCT), recently sold 6,500 shares of common stock, according to a recent SEC filing. The transaction, which occurred on February 4, 2025, was conducted under a pre-established 10b5-1 trading plan. According to InvestingPro data, the company maintains strong financial health with more cash than debt on its balance sheet and impressive gross profit margins of nearly 78%. The shares were sold at a weighted average price of $23.4691, with the actual sales price ranging from $23.18 to $23.91 per share, resulting in a total transaction value of $152,549. Following this sale, Szabados holds 35,989 shares of NetScout Systems. The stock has shown strong momentum with a 34% gain over the past six months, and InvestingPro analysis suggests the stock is currently undervalued. Get access to 8 more exclusive ProTips and comprehensive analysis with an InvestingPro subscription.

In other recent news, NetScout Systems Inc. reported impressive financial results for the third quarter of fiscal year 2025, surpassing market expectations for both earnings per share (EPS) and revenue. The company achieved a diluted EPS of $0.94, exceeding the forecasted $0.73, and revenue reached $252 million, surpassing the anticipated $220.97 million. Additionally, the company’s Q3 FY2025 revenue increased by 16% year-over-year, and the EPS for the quarter rose by 29% compared to the previous year. Notably, NetScout’s operating profit margin improved to 35.6%. The company also set its full-year revenue guidance between $810 million and $820 million. These developments highlight NetScout’s strong performance in Q3 FY2025, driven by robust demand in cybersecurity and network visibility solutions. The company’s CEO, Anil Singhal, emphasized that "cybersecurity continued to represent a solid growth opportunity."

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