Large Inflow of Money Witnessed in NetScout Systems

NetScout Systems (NASDAQ:NTCT) traded with a cut of -0.51 points or -2.07% at $24.1 per share. As per the last available information, the stock aggregated $2.63 million in upticks and $0.94 million in downticks, keeping the net money flow capped at $1.69 million. The up/down ratio was found to be 2.8. For the week, the shares have seen a change of -0.33% in the share price.A block trade of $1.2 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for this transaction was $1.2 million.


The stock has recorded a 20-day Moving Average of 0.74% and the 50-Day Moving Average is 4.19%. The company shares have dropped 36.03% in the past 52 Weeks. On August 18, 2015 The shares registered one year high of $41.34 and one year low was seen on February 9, 2016 at $18.77. The 50-day moving average is $23.56 and the 200 day moving average is recorded at $24. S&P 500 has rallied 1.93% during the last 52-weeks.

NetScout Systems (NASDAQ:NTCT): The stock opened at $24.66 on Tuesday but the bulls could not build on the opening and the stock topped out at $24.87 for the day. The stock traded down to $24.00 during the day, due to lack of any buying support eventually closed down at $24.24 with a loss of -1.50% for the day. The stock had closed at $24.61 on the previous day. The total traded volume was 1,008,510 shares.

Currently the company Insiders own 2.7% of NetScout Systems shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.98% . Institutional Investors own 98.12% of NetScout Systems shares. During last six month period, the net percent change held by insiders has seen a change of -27.01%. On the companys insider trading activities, Szabados Michael, officer (Chief Operating Officer) of Netscout Systems Inc, unloaded 5,000 shares at an average price of $23.08 on May 10, 2016. The total amount of the transaction was worth $115,400, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

NetScout Systems, Inc. is a provider of network, application and service assurance solutions. The Company provides performance analytics that help enterprise, government and service provider customers manage service delivery and identify emerging performance problems. The Company designs, develops, manufactures, markets, licenses, sells and supports the products in hardware and software solutions that are used by commercial enterprises, governmental agencies and telecommunication service providers. The Company has three primary customer groups; enterprise customers, service provider customers and government customers. The Companys products include nGeniusONE Service Assurance Solution, nGenius Intelligent Data Sources, nGenius Packet Flow Switches and Taps, NetScout Test Optimization Products and nGenius NetFlow Solutions.

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