S&P 500 slips, but losses kept in check as Nvidia climbs ahead of results
John Downing, Executive Vice President of World-Wide Sales at NetScout Systems Inc. (NASDAQ:NTCT), recently sold 3,000 shares of the company’s common stock. The shares were sold at a price of $23.47 each, amounting to a total transaction value of $70,410. This transaction was executed as part of a pre-arranged 10b5-1 plan, which Downing adopted on February 20, 2025. Following this sale, Downing holds 127,352 shares directly. The company maintains impressive gross profit margins of 78% and appears undervalued according to InvestingPro’s Fair Value analysis, with 8 additional ProTips available for subscribers.
In other recent news, NetScout Systems Inc. disclosed its fourth-quarter financial results for fiscal year 2025, revealing a mixed performance. The company reported an earnings per share (EPS) of $0.52, which fell short of Wall Street’s expectation of $0.71. However, NetScout’s revenue for the quarter stood at $205 million, slightly surpassing forecasts and indicating a 0.8% year-over-year growth. For the full fiscal year 2025, the company recorded revenue of $822.7 million, a slight decrease of 0.8% compared to the previous year. Despite the earnings miss, NetScout remains optimistic about fiscal year 2026, projecting revenue between $825 million and $865 million and a non-GAAP EPS of $2.25 to $2.40. The company is also undergoing a leadership transition, with new appointments for the CEO and CFO positions effective June 2025. Additionally, NetScout continues to focus on innovations in AI and cybersecurity, which are expected to drive future growth. The firm RBC Capital Markets noted the company’s continued momentum in its cybersecurity offerings.
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