KLP Kapitalforvaltning AS Acquires 11,400 Shares of NETGEAR, Inc. $NTGR

Market Beat
2025.10.17 07:15
portai
I'm PortAI, I can summarize articles.

KLP Kapitalforvaltning AS increased its stake in NETGEAR, Inc. by 67.9% in Q2, acquiring an additional 11,400 shares, bringing its total to 28,200 shares valued at $820,000. Other institutional investors also increased their holdings. NETGEAR's stock opened at $32.46, with a market cap of $941.66 million. The company reported $0.06 EPS for the last quarter, exceeding estimates, and revenue rose 18.5% year-over-year. Analysts have upgraded NETGEAR's rating, with Zacks Research moving it to "strong-buy."