Insider Trading Alert: NETGEAR, Inc. $NTGR

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NETGEAR, Inc. (NTGR) insider have most recently took part in a trading activity. On Dec 15, 2017 Graham Jef, Director bought 500 shares having total worth of $27,025 at the price of $54.05 per share, following the transaction a total of 5,183 shares owned by Graham Jef.

The stock has experienced a total of 17 insider trades in the past three months. These trades include 17 sell activities .Furthermore, over the past 12 months , the stock was traded 97 times by insiders. In 97 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 17 18.4%
12 Month 0 97 12.8%

Shares of NETGEAR, Inc. (NTGR) traded up 2.41% on Dec 15, 2017, hitting $55.35. 1,232,399 shares of the company’s stock traded hands. NETGEAR, Inc. has a 52 week low of $41.95 and a 52 week high of $60.49. The company’s market cap is $1,940 million.

NETGEAR, Inc. (NTGR) last announced its earnings results on Oct 25, 2017. The company reported 0.00 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.68 by $0.68., compared to the consensus estimate of $351 million. During the same quarter in the previous year, the company posted 0.76 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-25 2017-07-26 2017-04-26 2017-02-07 2016-10-26 2016-07-27 2016-04-27 2016-02-04 2015-10-22 2015-07-23
earnings per share 0.00 0.60 0.64 0.88 0.76 0.72 0.74 0.83 0.67 0.29
Revenue(M) 0 330.72 323.66 367.93 338.46 311.66 310.26 360.86 341.89 288.78

Netgear, Inc was incorporated in Delaware on January 8, 1996. The Company is a networking company that delivers products to consumers, businesses and service providers. The Company’s business is now managed in three specific business units: retail, commercial, and service provider. The retail business unit consists of easy-to-use home networking, storage and digital media products to connect users with the Internet and their content and devices. The commercial business unit consists of business networking, storage and security solutions without the cost and complexity of Big IT. The service provider business unit consists of made-to-order and retail proven, whole home networking solutions sold to service providers for sale to their customers. The Company’s products are built on a variety of technologies such as wireless, Ethernet and powerline. Its product line consists of wired and wireless devices, including devices that enable commercial business networking, broadband access, network connectivity, network storage and security appliances. These products are available in multiple configurations to address the needs of its customers in each geographic region in which its products are sold. Commercial business networking products include: Ethernet switches, which are multiple port devices used to network PCs and peripherals via Ethernet wiring; Wireless controllers, which are devices used to manage and control multiple WiFi base stations which in turn provide WiFi connections to PCs and peripherals; Internet Security Appliances, which provide Internet access through capabilities such as anti-virus and anti-spam; and network attached storage, which enables file sharing among multiple PCs and other networked devices over a local area network. Products that enable broadband access include: routers, which connect the home or office networks to the Internet via broadband modems; gateways, which are routers with integrated modems, for Internet access; IP telephony products, used for transmitting voice communications over a network. Products that enable network connectivity and resource sharing include: wireless access points and range extenders, which provide a wireless link between a wired network and wireless devices; wireless network interface cards and adapters, which enable devices to be connected to the network wirelessly; Ethernet network interface cards and adapters, which enable devices to be connected to the network over Ethernet wiring; media adapters; powerline adapters and bridges; and Multimedia over Coax Alliance standard adapters and bridges. The Company sells products primarily through a sales channel network, which includes traditional retailers, online retailers, wholesale distributors, direct market resellers, value added resellers, and broadband service providers. The Company’s products and manufacturing process are subject to numerous governmental regulations, which cover both the use of various materials as well a

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.