Netscout Systems (NTCT): State Street reports 3.58M-share, 5% beneficial stake
Rhea-AI Filing Summary
State Street Corporation reported beneficial ownership of common stock of NETSCOUT SYSTEMS INC. The filing states beneficial ownership of 3,579,289 shares of common stock, representing 5% of the class as of the reporting date.
State Street reports no sole voting or dispositive power over these shares. It has shared voting power over 3,343,057 shares and shared dispositive power over 3,579,289 shares, reflecting holdings managed through subsidiaries including various State Street Global Advisors entities.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 3,579,289 shares
Percent of class: 5 %
Shared voting power: 3,343,057 shares
+1 more
4 metrics
Shares beneficially owned
3,579,289 shares
Common stock of NETSCOUT SYSTEMS INC reported by State Street Corporation
Percent of class
5 %
Portion of NETSCOUT SYSTEMS INC common stock class beneficially owned
Shared voting power
3,343,057 shares
Shares over which State Street has shared power to vote or direct the vote
Shared dispositive power
3,579,289 shares
Shares over which State Street has shared power to dispose or direct disposition
Key Terms
beneficially owned, shared dispositive power, shared voting power, Investment Company Act of 1940
4 terms
beneficially owned financial
"Amount beneficially owned: 3579289.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Investment Company Act of 1940 regulatory
"shareholders of an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of NETSCOUT SYSTEMS INC (NTCT) does State Street Corporation hold?
State Street Corporation reports beneficial ownership of 5% of NETSCOUT SYSTEMS INC’s common stock. This 5% interest is based on 3,579,289 shares identified as beneficially owned in the Schedule 13G filing.
What dispositive power does State Street Corporation report over NTCT stock?
State Street Corporation reports 0 shares with sole dispositive power and 3,579,289 shares with shared dispositive power. Shared dispositive power indicates affiliated entities jointly determine when and how these shares may be sold or otherwise disposed of.
Which subsidiaries are involved in State Street’s NTCT holdings?
The filing lists several investment adviser subsidiaries, including SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, and State Street Global Advisors Trust Company, among others, as entities through which the NTCT shares are held.