NetScout Systems Director Sells Shares: Is This a Sign of Trouble?

Christopher Perretta, a director at NetScout Systems Inc., a company specializing in network performance solutions, recently sold 11,905 shares of the company. This sale, filed on August 23rd, 2024, comes amidst a trend of insider sells at NetScout, with no insider buys recorded over the past year. While the company’s stock price closed at $21 on the day of the sale, analysts suggest a potential undervaluation with an estimated intrinsic value of $26.79. Investors are closely monitoring this insider activity, as it could offer insight into the company’s future performance and valuation adjustments.