NETGEAR Inc (NTGR)

Pinnacle Holdings LLC recently acquired 56,084 shares of NETGEAR, Inc. (NASDAQ:NTGR) during the second quarter, valued at approximately $1.31 million. This purchase represents about 0.21% of the company's stock, contributing to the 82.97% ownership by institutional investors and hedge funds. Despite mixed analyst sentiment and some insider selling, NETGEAR reported stronger-than-expected quarterly earnings and revenue, though revenue saw a slight year-over-year decline.

NETGEAR, Inc. (NASDAQ:NTGR) has received a consensus "Hold" rating from four brokerages, with an average 12-month price target of $36.50 against an opening price of $21.02. Despite beating quarterly earnings and revenue expectations, the company experienced a 1.2% year-over-year revenue decline, and analysts anticipate a full-year loss of $0.52 per share. Institutional investors hold a significant stake, with BlackRock initiating a large position, while insiders have recently sold shares.

Hara Capital LLC has acquired a new position in NETGEAR, Inc. (NASDAQ:NTGR) by purchasing 62,340 shares valued at approximately $1.46 million. This move is part of a broader trend of institutional investors and hedge funds increasing their stakes in the company, which now collectively own 82.97% of NETGEAR. Despite beating quarterly earnings expectations, NETGEAR's revenue saw a slight year-over-year decline, and analysts maintain a "Hold" rating with a mixed outlook.

This article provides detailed salary information for NETGEAR Principal Engineers in Lewiston, ID, indicating an estimated average annual compensation of $164,346, including a base salary and bonus. It compares this figure to the US national average and outlines salary ranges within NETGEAR, department-specific compensation, and compensation based on gender and ethnicity across similar companies. The report also touches on employee satisfaction with compensation and benefits at NETGEAR.

NETGEAR (NASDAQ: NTGR) stock dropped 5.6% to $22.79 on Monday amidst light trading volume, with analysts generally holding a "Hold" rating and a $36 price target, despite Weiss Ratings reiterating a "Sell" rating. The company surpassed quarterly EPS and revenue estimates but experienced a 1.2% year-over-year revenue decline, and analysts anticipate a full-year loss. Insider selling totaled 12,085 shares worth $313,933 over the last three months, while institutional investors own 82.97% of the stock.