Pramod Badjate Sells 3,000 Shares of NETGEAR (NASDAQ:NTGR) Stock

NETGEAR, Inc. (NASDAQ:NTGR) insider Pramod Badjate sold 3,000 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $20.97, for a total value of $62,910.00. Following the completion of the transaction, the insider directly owned 144,586 shares in the company, valued at approximately $3,031,968.42. This represents a 2.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Pramod Badjate also recently made the following trade(s):

• On Wednesday, November 19th, Pramod Badjate sold 4,000 shares of NETGEAR stock. The stock was sold at an average price of $24.60, for a total value of $98,400.00.

NETGEAR Stock Performance

Shares of NETGEAR stock opened at $20.17 on Thursday. The firm has a 50-day moving average of $23.75 and a 200-day moving average of $26.89. NETGEAR, Inc. has a 52-week low of $18.75 and a 52-week high of $36.86. The stock has a market cap of $572.83 million, a PE ratio of -22.16 and a beta of 1.15.

NETGEAR (NASDAQ:NTGR) last released its quarterly earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.21. NETGEAR had a negative net margin of 3.73% and a negative return on equity of 3.81%. The business had revenue of $182.47 million for the quarter, compared to analyst estimates of $177.26 million. During the same period last year, the firm earned ($0.06) earnings per share. NETGEAR’s revenue for the quarter was up .0% compared to the same quarter last year. Equities research analysts predict that NETGEAR, Inc. will post -1.84 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NTGR. Weiss Ratings reissued a “sell (d)” rating on shares of NETGEAR in a research report on Monday, December 29th. Zacks Research cut NETGEAR from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 20th. Wall Street Zen cut shares of NETGEAR from a “hold” rating to a “sell” rating in a research report on Saturday, January 17th. Raymond James Financial increased their price objective on shares of NETGEAR from $29.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Finally, Stifel Nicolaus boosted their target price on shares of NETGEAR from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $37.33.

NETGEAR News Roundup

Here are the key news stories impacting NETGEAR this week:

• Positive Sentiment: Q4 revenue topped Street estimates and gross profit expanded substantially year-over-year, showing improvement in product margins and top-line stability. Quiver Quant: Q4 results
• Positive Sentiment: Several outlets report an adjusted EPS beat for the quarter (Zacks/MarketBeat cite $0.26 vs. consensus ~$0.05), which supports the view that underlying business trends may be improving on a non‑GAAP basis. Zacks: EPS & revenue beat
• Neutral Sentiment: Analyst coverage remains mixed but with some conviction: a small number of firms maintain buy/outperform views and price targets well above the current share price (median/consensus targets in the high‑$30s to $40). That sets a wide range of expectations. MarketBeat: analyst notes & targets
• Negative Sentiment: Forward guidance disappointed: Q1 revenue was guided to roughly $145M–$160M, below the consensus (~$167M), raising near‑term growth concerns and pressure on the stock. Yahoo Finance: Q4 & guidance
• Negative Sentiment: There are conflicting EPS frames: while adjusted EPS figures show a beat, GAAP metrics reported by some sources indicate a small net loss/diluted EPS miss (Quiver notes diluted EPS ≈ -$0.02 and a slight net loss), which can unsettle investors focused on GAAP results. Quiver Quant: GAAP vs adjusted
• Negative Sentiment: Insider selling was reported (Pramod Badjate sold 3,000 shares at about $20.97), a small but visible sign that may reinforce caution among short-term traders. InsiderTrades: insider sale

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Amundi lifted its holdings in shares of NETGEAR by 99.1% in the first quarter. Amundi now owns 48,211 shares of the communications equipment provider’s stock worth $1,179,000 after acquiring an additional 23,993 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in NETGEAR by 15.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 279,874 shares of the communications equipment provider’s stock valued at $6,846,000 after purchasing an additional 37,469 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in NETGEAR by 13.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,146 shares of the communications equipment provider’s stock valued at $1,814,000 after buying an additional 9,021 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in NETGEAR by 22.1% in the second quarter. Robeco Institutional Asset Management B.V. now owns 236,593 shares of the communications equipment provider’s stock valued at $6,878,000 after buying an additional 42,815 shares in the last quarter. Finally, KLP Kapitalforvaltning AS grew its stake in shares of NETGEAR by 67.9% during the second quarter. KLP Kapitalforvaltning AS now owns 28,200 shares of the communications equipment provider’s stock worth $820,000 after buying an additional 11,400 shares during the last quarter. Institutional investors own 82.97% of the company’s stock.

NETGEAR Company Profile

NETGEAR, Inc (NASDAQ: NTGR) is a global provider of networking solutions for consumer, business and service provider markets. The company designs, develops and markets a comprehensive portfolio of products that enable high-speed connectivity, data storage and network security for homes, small to medium-sized businesses and large enterprises.

Its product lineup includes Wi-Fi routers, mesh networking systems, cable modems, mobile broadband gateways and Ethernet switches—offered in both managed and unmanaged configurations.