NETGEAR INC NTGR
COM · Common Stock · CUSIP 64111Q104
American multinational technology company
- SectorTechnology
- IndustryComputer Communications Equipment
- HeadquartersSan Jose, CA
- Founded1996
- Websitenetgear.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 29.1m as of 2024-04-26, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $15.77. Options: 10 managers hold calls ($3.6m notional), 8 hold puts ($14.5m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 151 |
| Q4 2022 | 158 |
| Q1 2023 | 155 |
| Q2 2023 | 150 |
| Q3 2023 | 140 |
| Q4 2023 | 153 |
| Q1 2024 | 151 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 80 | 61 |
| Q1 2023 | 62 | 87 |
| Q2 2023 | 80 | 74 |
| Q3 2023 | 79 | 77 |
| Q4 2023 | 85 | 58 |
| Q1 2024 | 63 | 87 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $228.0k | $215.1k | 0.94 |
| Q3 2023 | $5.9m | $6.8m | 1.17 |
| Q4 2023 | $4.2m | $1.8m | 0.43 |
| Q1 2024 | $3.6m | $14.5m | 4.09 |
Biggest buyers
| MORGAN STANLEY | Added | +663.3k |
| FRANKLIN RESOURCES INC | Added | +289.6k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +261.7k |
| BRANDES INVESTMENT PARTNERS, LP | Added | +244.0k |
| Caption Management, LLC | Added | +145.3k |
| Shay Capital LLC | Added | +136.2k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | New | +133.8k |
| AMERICAN CENTURY COMPANIES INC | Added | +120.2k |
| VANGUARD GROUP INC | Added | +106.0k |
| Brandywine Global Investment Management, LLC | New | +101.9k |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -396.5k |
| Invenomic Capital Management LP | Sold out | -291.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -243.5k |
| Assenagon Asset Management S.A. | Reduced | -127.9k |
| D. E. Shaw & Co., Inc. | Reduced | -116.1k |
| GSA CAPITAL PARTNERS LLP | Reduced | -114.4k |
| Cubist Systematic Strategies, LLC | Reduced | -98.3k |
| Walleye Capital LLC | Sold out | -96.0k |
| Trexquant Investment LP | Reduced | -71.7k |
| STATE OF WISCONSIN INVESTMENT BOARD | Sold out | -70.6k |
Biggest calls
| WOLVERINE TRADING, LLC | New | $1.0m63.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $518.8k32.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $406.0k25.8k shares |
| Caption Management, LLC | New | $394.2k25.0k shares |
| JANE STREET GROUP, LLC | New | $387.9k24.6k shares |
| CITADEL ADVISORS LLC | Reduced | $365.9k23.2k shares |
| GTS SECURITIES LLC | Reduced | $179.8k11.4k shares |
| PEAK6 Investments LLC | Unchanged | $157.7k10.0k shares |
| GROUP ONE TRADING LLC | Reduced | $145.1k9.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Caption Management, LLC | Added | $9.5m600.0k shares |
| D. E. Shaw & Co., Inc. | New | $3.2m200.0k shares |
| Squarepoint Ops LLC | New | $788.5k50.0k shares |
| SIMPLEX TRADING, LLC | Added | $521.0k33.1k shares |
| PEAK6 Investments LLC | Added | $335.9k21.3k shares |
| CITADEL ADVISORS LLC | Reduced | $266.5k16.9k shares |
| GROUP ONE TRADING LLC | New | $7.9k500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-07 | 9.0% |
| BRANDES INVESTMENT PARTNERS, LP 13G · institution -4.1 pts · filed 2026-08-13 | 6.6% |
| BlackRock Portfolio Management LLC 13G · institution new · filed 2026-10-27 | 5.6% |
| Windward Management LP 13G · passive investor new · filed 2026-02-13 | 5.1% |
Fell to 5% or below in the last year: VANGUARD CAPITAL MANAGEMENT LLC (4.9%, 2026-07-31), DIMENSIONAL FUND ADVISORS LP (4.0%, 2026-04-09), VANGUARD GROUP INC (0.0%, 2026-03-27), Pertento Partners LLP (3.4%, 2026-02-11)
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 4 | $298.9k | — |
| Q3 2022 | 0 | — | 4 | $431.1k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 2 | $91.2k | — |
| Q2 2023 | 0 | — | 4 | $302.9k | — |
| Q3 2023 | 0 | — | 3 | $184.0k | $184.0k |
| Q4 2023 | 0 | — | 3 | $254.1k | $25.3k |
| Q1 2024 | 0 | — | 3 | $320.3k | $291.3k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-15 | Kim Andrew Wonki Chief Legal Officer | Sold plan | $81.6k5.6k shares |
| 2024-02-16 | Westhead Martin CTO, Software | Sold plan | $22.5k1.5k shares |
| 2024-02-15 | Kim Andrew Wonki Chief Legal Officer | Sold plan | $85.4k5.9k shares |
| 2024-02-05 | Mehta Vikram SVP, SMB | Sold plan | $26.7k1.8k shares |
| 2024-01-16 | Kim Andrew Wonki Chief Legal Officer | Sold plan | $75.1k5.5k shares |
| 2024-01-03 | Westhead Martin CTO | Sold | $28.9k2.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 4.7m $73.8m | Added +96.5k |
| BRANDES INVESTMENT PARTNERS, LP 0.74% of their portfolio | 3.6m $57.5m | Added +244.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.5m $39.6m | Added +106.0k |
| MORGAN STANLEY 0.00% of their portfolio | 1.7m $27.5m | Added +663.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.3m $21.1m | Reduced -3.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $17.2m | Added +28.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 765.7k $12.1m | Added +42.5k |
| STATE STREET CORP 0.00% of their portfolio | 699.8k $11.0m | Reduced -4.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 651.4k $10.3m | Added +12.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 622.9k $9.8m | Added +261.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 479.5k $7.6m | Reduced -243.5k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 472.1k $7.4m | Reduced -116.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio | 429.6k $6.8m | Reduced -16.3k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 338.1k $5.3m | Added +101.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 302.5k $4.8m | Added +289.6k |
| DONALD SMITH & CO., INC. 0.11% of their portfolio | 294.2k $4.6m | Added +2.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 266.0k $4.2m | Reduced -16.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 237.8k $3.8m | Added +28.8k |
| Shay Capital LLC 1.06% of their portfolio | 230.0k $3.6m | Added +136.2k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 207.9k $3.3m | Reduced -40.7k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 196.5k $3.1m | Reduced -36.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 184.1k $2.9m | Reduced -58.1k |
| Caption Management, LLC 0.31% of their portfolio | 179.2k $2.8m | Added +145.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 179.0k $2.8m | Reduced -35.6k |
| ALGERT GLOBAL LLC 0.11% of their portfolio | 170.5k $2.7m | Reduced -11.1k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 166.5k $2.6m | Reduced -127.9k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 163.4k $2.6m | Added +45.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 149.2k $2.4m | Added +120.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.01% of their portfolio | 149.0k $2.3m | Reduced -5.0k |
| Invesco Ltd. 0.00% of their portfolio | 146.2k $2.3m | Added +62.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 133.8k $2.1m | New |
| Susquehanna Portfolio Strategies, LLC 0.05% of their portfolio | 130.9k $2.1m | Reduced -3.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 115.4k $1.8m | Reduced -11.7k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 107.8k $1.7m | Reduced -9.1k |
| Brandywine Global Investment Management, LLC 0.01% of their portfolio | 101.9k $1.6m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 92.6k $1.5m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 89.3k $1.4m | Reduced -39.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 81.7k $1.3m | Reduced -17.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 73.7k $1.2m | Reduced -396.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 72.0k $1.1m | Reduced -3.4k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 68.2k $1.2m | Added +4.8k |
| MIZUHO MARKETS AMERICAS LLC 0.03% of their portfolio | 66.9k $1.1m | New |
| SIMPLEX TRADING, LLC 0.03% of their portfolio | 66.3k $1.0m | Added +40.1k |
| UBS Group AG 0.00% of their portfolio | 66.1k $1.0m | Reduced -32.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 65.5k $1.0m | Reduced -39.3k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 61.3k $966.7k | New |
| Empowered Funds, LLC 0.01% of their portfolio | 60.9k $959.7k | New |
| BARCLAYS PLC 0.00% of their portfolio | 60.6k $955.6k | Added +9.3k |
| GARNET EQUITY CAPITAL HOLDINGS, INC. 0.80% of their portfolio | 60.0k $946.2k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 59.7k $942.2k | Added +1.1k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 56.8k $896.3k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 56.4k $889.6k | Reduced -70.2k |
| Swiss National Bank 0.00% of their portfolio | 55.1k $868.9k | Unchanged |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 50.4k $794.3k | Reduced -98.3k |
| Engineers Gate Manager LP 0.02% of their portfolio | 49.3k $777.0k | Reduced -21.4k |
| Pinnacle Holdings, LLC 0.31% of their portfolio | 48.6k $766.8k | Added +10.9k |
| Acuitas Investments, LLC 0.37% of their portfolio | 47.1k $742.2k | Added +5.2k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 46.2k $728.9k | Added +1.4k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 46.1k $727.7k | Reduced -1.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 45.2k $712.7k | Reduced -333 |
| Trexquant Investment LP 0.01% of their portfolio | 42.2k $665.8k | Reduced -71.7k |
| HRT FINANCIAL LP 0.00% of their portfolio | 40.5k $638.0k | Reduced -26.9k |
| RBF Capital, LLC 0.03% of their portfolio | 37.8k $596.6k | Reduced -7.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 37.8k $596.0k | Added +1.2k |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 35.7k $562.0k | Reduced -114.4k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 34.8k $549.4k | Reduced -39 |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 34.0k $536.8k | Reduced -1.7k |
| Pacific Ridge Capital Partners, LLC 0.12% of their portfolio | 34.0k $535.6k | Reduced -8.8k |
| CAXTON ASSOCIATES LP 0.04% of their portfolio | 33.6k $529.1k | Unchanged |
| WOLVERINE TRADING, LLC 0.01% of their portfolio | 32.0k $504.4k | New |
| NorthRock Partners, LLC 0.02% of their portfolio | 30.5k $481.1k | Reduced -2.5k |
| SHERBROOKE PARK ADVISERS LLC 0.09% of their portfolio | 29.6k $466.2k | New |
| Point72 Asia (Singapore) Pte. Ltd. 0.12% of their portfolio | 29.0k $457.7k | Added +27.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 28.4k $447.9k | Reduced -2.3k |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 28.4k $447.3k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 28.2k $444.5k | Reduced -1.4k |
| Legal & General Group Plc 0.00% of their portfolio | 28.0k $442.3k | Unchanged |
| Jump Financial, LLC 0.01% of their portfolio | 27.7k $436.6k | Reduced -16.6k |
| GLOBEFLEX CAPITAL L P 0.04% of their portfolio | 25.4k $401.0k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 24.7k $389.0k | Added +42 |
| XTX Topco Ltd 0.05% of their portfolio | 24.4k $384.5k | Added +2.6k |
| Aristides Capital LLC 0.15% of their portfolio | 21.9k $344.8k | Unchanged |
| Dynamic Technology Lab Private Ltd 0.03% of their portfolio | 20.3k $320.0k | Reduced -46.1k |
| BAILARD, INC. 0.01% of their portfolio | 17.3k $273.2k | New |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 16.9k $267.1k | New |
| Elm Ridge Management, LLC 0.29% of their portfolio | 16.5k $259.9k | New |
| Creative Planning 0.00% of their portfolio | 15.5k $244.5k | Added +4.0k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 15.4k $242.6k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 14.3k $224.8k | Reduced -122 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 13.8k $217.7k | New |
| Catalyst Funds Management Pty Ltd 0.06% of their portfolio | 13.1k $206.6k | First filing |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 13.1k $206.3k | Added +2 |
| Squarepoint Ops LLC 0.00% of their portfolio | 12.9k $204.2k | Reduced -2.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 12.2k $191.7k | Added +2.0k |
| Amundi 0.00% of their portfolio | 11.9k $168.8k | Unchanged |
| Savant Capital, LLC 0.00% of their portfolio | 11.9k $187.9k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 11.8k $185.4k | Reduced -15 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 11.2k $176.1k | Reduced -809 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 11.1k $206.3k | New |
| Versor Investments LP 0.03% of their portfolio | 10.6k $167.2k | New |