Netscout director John Egan sells $951,055 of company stock
John Egan, a director at NetScout Systems Inc., recently sold a total of $951,055 worth of the company's common stock over two days in November. On November 11th, 2026, he disposed of 14,500 shares at a weighted average price of $32.78 per share, ranging from $32.69 to $33.32. Following this, his direct beneficial ownership decreased to 83,740 shares.
On November 12th, another 14,500 shares were sold at a weighted average price of $32.81 per share, with individual transaction prices ranging from $32.57 to $33.10. This sale further reduced his direct beneficial ownership to 83,740 shares. Despite the recent stock decline, InvestingPro estimates the stock remains undervalued. NetScout's market cap stands at $2.31 billion with a P/E ratio of 18.32.
The company reported strong earnings and revenue in its fiscal second-quarter 2027 results, surpassing Wall Street expectations.
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