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NetScout director sells $150,800 in shares amid 61% stock surge

Michael Szabados, a director at NetScout, disposed of 4,000 shares for $150,800 as the company’s stock reached a 52-week high. The transaction follows a fiscal first-quarter beat on earnings and revenue.

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Priya Anand · Equities & Earnings Desk · 31 Aug 2026 · 22:46 · 1 min read
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NetScout director sells $150,800 in shares amid 61% stock surge

Michael Szabados, a director at NetScout Systems Inc., sold 4,000 common shares on August 25 for a total of $150,800, according to regulatory filings. The disposal occurred at $37.70 per share, below the company’s closing price of $38.50 on the same day.

The transaction reduced Szabados’s direct holdings in NetScout to 41,654 shares. NetScout’s stock has advanced 61% over the past 12 months, supported by a fiscal first-quarter 2026 performance that exceeded analyst estimates.

In the quarter ended June 30, NetScout reported adjusted earnings per share of $0.52, surpassing the Wall Street consensus of $0.38. Revenue totaled $210.4 million, exceeding the $196.2 million projection while reflecting a 7.3% year-over-year increase. InvestingPro noted a PEG ratio of 0.38, indicating a valuation that may reflect growth potential relative to its price.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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