Stocks

NetScout Systems EVP John Downing Sells 3,000 Shares

Published November 15, 2023

NetScout Systems, Inc. NTCT, a prominent provider of service security and cybersecurity solutions, recently witnessed a significant sell-off from an executive insider. John Downing, the company’s Executive Vice President, executed a sizeable stock disposition, as reported through a recent filing with the U.S. Securities and Exchange Commission (SEC).

Insider Selling at NetScout Systems

On November 14, SEC filings revealed that John Downing sold 3,000 shares of NetScout Systems NTCT. This transaction was made public through a Form 4 document submitted to the SEC on Tuesday, which details insider trading activities. The sell-off by a key executive has caught the attention of both shareholders and analysts, as insider transactions are often closely monitored for insights into a company's performance and insider confidence.

About NetScout Systems

Headquartered in Westford, Massachusetts, NetScout Systems NTCT delivers comprehensive solutions aimed at safeguarding digital business services against operational disruptions. Their services span across various geographical regions, including the United States, Europe, Asia Pacific, and internationally. As a player in the cybersecurity and service security industries, the company's insider trading movements can have potential implications for investor sentiment and market performance.

Insider, Selling, SEC