NetScout investor drops stake to 4.1%

By Lisa Kerner

Charlotte, N.C., Jan. 27 - NetScout Systems, Inc. investors led by Silver Lake Partners, LP sold 1,201,088 shares of the company's stock between Jan. 20 and Jan. 26 at prices from $13.6588 to $14.7523 each, according to a schedule 13D/A filed with the Securities and Exchange.

The investors beneficially own 1,610,687 shares, or 4.1%, of NetScout.

Ken Hao, Silver Lakes' representative on NetScout's board of directors, resigned in September, the filing said.

Westford, Mass.-based NetScout manufactures and sells high-speed-network products.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.