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 ($4.8m this quarter). Holder counts are more reliable. Shares outstanding: 28.1m as of 2026-02-06, 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 ≈ $24.54. Options: 6 managers hold calls ($1.2m notional), 8 hold puts ($5.6m).
Trends to Q4 2025
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 |
| Q2 2024 | 142 |
| Q3 2024 | 152 |
| Q4 2024 | 193 |
| Q1 2025 | 188 |
| Q2 2025 | 208 |
| Q3 2025 | 199 |
| Q4 2025 | 185 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 63 | 87 |
| Q2 2024 | 69 | 80 |
| Q3 2024 | 75 | 72 |
| Q4 2024 | 113 | 69 |
| Q1 2025 | 90 | 90 |
| Q2 2025 | 116 | 92 |
| Q3 2025 | 101 | 97 |
| Q4 2025 | 83 | 111 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $34.4m | $14.9m | 0.43 |
| Q2 2025 | $19.5m | $15.8m | 0.81 |
| Q3 2025 | $42.1m | $3.7m | 0.09 |
| Q4 2025 | $1.2m | $5.6m | 4.59 |
Biggest buyers
| Qube Research & Technologies Ltd | Added | +349.8k |
| Concentric Capital Strategies, LP | New | +286.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +187.5k |
| BRANDES INVESTMENT PARTNERS, LP | Added | +180.3k |
| Point72 Asset Management, L.P. | New | +122.5k |
| JANE STREET GROUP, LLC | New | +119.8k |
| BlackRock, Inc. | Added | +115.8k |
| ExodusPoint Capital Management, LP | New | +96.3k |
| ANCHOR CAPITAL ADVISORS LLC | New | +86.9k |
| ROYCE & ASSOCIATES LP | New | +83.7k |
Biggest sellers
| Pertento Partners LLP | Reduced | -721.3k |
| LAZARD ASSET MANAGEMENT LLC | Sold out | -548.9k |
| JPMORGAN CHASE & CO | Reduced | -492.1k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -453.4k |
| Cinctive Capital Management LP | Sold out | -198.6k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -195.1k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -178.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -162.7k |
| BANK OF AMERICA CORP /DE/ | Reduced | -159.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -157.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $367.9k15.0k shares |
| Walleye Capital LLC | New | $279.6k11.4k shares |
| CITADEL ADVISORS LLC | Reduced | $267.4k10.9k shares |
| Walleye Trading LLC | Added | $127.6k5.2k shares |
| GROUP ONE TRADING LLC | Reduced | $125.1k5.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $63.8k2.6k shares |
Biggest puts
| Caption Management, LLC | Added | $2.5m100.0k shares |
| CITADEL ADVISORS LLC | Added | $824.2k33.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $792.3k32.3k shares |
| GROUP ONE TRADING LLC | New | $620.6k25.3k shares |
| JANE STREET GROUP, LLC | New | $610.8k24.9k shares |
| Walleye Capital LLC | New | $215.9k8.8k shares |
| Walleye Trading LLC | Added | $130.0k5.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.5k100 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 Q4 2025
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 |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 3 | $320.3k | $291.3k |
| Q2 2024 | 0 | — | 6 | $591.6k | $591.6k |
| Q3 2024 | 0 | — | 1 | $50.0k | $50.0k |
| Q4 2024 | 0 | — | 1 | $115.4k | $115.4k |
| Q1 2025 | 0 | — | 2 | $383.2k | $383.2k |
| Q2 2025 | 0 | — | 4 | $565.4k | $565.4k |
| Q3 2025 | 0 | — | 2 | $377.7k | $377.7k |
| Q4 2025 | 0 | — | 3 | $600.3k | $600.3k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-19 | Badjate Pramod President & GM, NFB | Sold plan | $98.4k4.0k shares |
| 2025-11-03 | McLindin Graeme VP, Mobile | Sold plan | $41.3k1.2k shares |
| 2025-10-09 | Maiorino Bradley Director | Sold plan | $460.6k13.1k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 3.0m $74.0m | Added +115.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.5m $62.4m | Added +74.5k |
| BRANDES INVESTMENT PARTNERS, LP 0.35% of their portfolio | 1.9m $45.5m | Added +180.3k |
| Windward Management LP 26.86% of their portfolio | 1.4m $35.5m | First filing |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.4m $35.4m | Reduced -195.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 985.6k $24.2m | Reduced -178.7k |
| Pertento Partners LLP 2.61% of their portfolio | 970.3k $23.8m | Reduced -721.3k |
| STATE STREET CORP 0.00% of their portfolio | 807.5k $19.8m | Added +36.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 802.7k $19.7m | Reduced -6.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 703.8k $17.3m | Added +11.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.06% of their portfolio | 678.4k $16.6m | Reduced -39.6k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 617.6k $15.2m | Added +349.8k |
| GARNET EQUITY CAPITAL HOLDINGS, INC. 6.37% of their portfolio | 521.7k $12.8m | Added +50.0k |
| Tenzing Global Management, LLC 10.40% of their portfolio | 500.0k $12.3m | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 459.9k $11.3m | Added +52.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 451.0k $11.1m | Reduced -453.4k |
| MORGAN STANLEY 0.00% of their portfolio | 421.7k $10.3m | Added +61.7k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.17% of their portfolio | 329.8k $8.1m | Reduced -107.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 325.2k $8.0m | Reduced -492.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 313.6k $7.7m | Reduced -17.5k |
| Concentric Capital Strategies, LP 0.36% of their portfolio | 286.2k $7.0m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 267.8k $6.6m | Reduced -22.8k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 236.1k $5.8m | Added +187.5k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 234.7k $5.8m | Reduced -1.9k |
| PICTON MAHONEY ASSET MANAGEMENT 0.06% of their portfolio | 231.9k $5.7m | Added +8.7k |
| AYAL Capital Advisors Ltd 2.74% of their portfolio | 203.7k $5.0m | Reduced -1.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 191.8k $4.7m | Reduced -162.7k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 186.8k $4.6m | Added +36.4k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 170.1k $4.2m | Added +60.8k |
| LEUTHOLD GROUP, LLC 0.42% of their portfolio | 159.4k $3.9m | Added +57.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 156.2k $3.8m | Added +3.7k |
| Hillsdale Investment Management Inc. 0.10% of their portfolio | 148.0k $3.6m | Reduced -54.9k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 140.8k $3.5m | Reduced -101 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 140.4k $3.4m | Reduced -159.8k |
| Empowered Funds, LLC 0.06% of their portfolio | 138.4k $3.4m | Reduced -24.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 134.6k $3.3m | Added +5.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 132.9k $3.3m | Reduced -128.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 122.5k $3.0m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 119.8k $2.9m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 116.9k $2.9m | Reduced -123.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 108.6k $2.7m | Reduced -21 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 107.4k $2.6m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 96.7k $2.4m | Reduced -16.5k |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 96.3k $2.4m | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 92.7k $2.3m | Reduced -21.1k |
| Invesco Ltd. 0.00% of their portfolio | 90.5k $2.2m | Reduced -12.3k |
| ANCHOR CAPITAL ADVISORS LLC 0.06% of their portfolio | 86.9k $2.1m | New |
| Trexquant Investment LP 0.02% of their portfolio | 84.9k $2.1m | Reduced -4.9k |
| ROYCE & ASSOCIATES LP 0.02% of their portfolio | 83.7k $2.1m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 74.6k $1.8m | Added +23.9k |
| JUPITER ASSET MANAGEMENT LTD 0.01% of their portfolio | 73.6k $1.8m | Reduced -1.1k |
| BARCLAYS PLC 0.00% of their portfolio | 72.8k $1.8m | Added +9.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 70.2k $1.7m | Added +32.9k |
| Nuveen, LLC 0.00% of their portfolio | 64.4k $1.6m | Reduced -25.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 60.9k $1.5m | Reduced -2.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 60.1k $1.5m | Added +33.3k |
| FMR LLC 0.00% of their portfolio | 58.4k $1.4m | Added +55.3k |
| Engineers Gate Manager LP 0.02% of their portfolio | 58.0k $1.4m | Added +15.5k |
| Swiss National Bank 0.00% of their portfolio | 54.4k $1.3m | Added +1.4k |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 50.3k $1.2m | Added +4.4k |
| Caption Management, LLC 0.05% of their portfolio | 50.2k $1.2m | Added +3.3k |
| Pinnacle Holdings, LLC 0.40% of their portfolio | 47.8k $1.2m | Reduced -143 |
| Amundi 0.00% of their portfolio | 46.7k $1.1m | Added +34.1k |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 46.0k $1.1m | Added +7.9k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 45.5k $1.1m | Reduced -7.3k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 44.9k $1.1m | Reduced -63 |
| GREAT LAKES ADVISORS, LLC 0.01% of their portfolio | 44.8k $1.1m | Reduced -16.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 39.9k $978.5k | Reduced -5.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 38.7k $950.3k | Reduced -758 |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 35.0k $857.7k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 33.2k $814.3k | Reduced -157.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 32.3k $792.5k | Added +9.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 30.5k $750.0k | Reduced -9.1k |
| GLOBEFLEX CAPITAL L P 0.11% of their portfolio | 28.9k $709.2k | Unchanged |
| Divisadero Street Capital Management, LP 0.04% of their portfolio | 28.7k $704.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 28.6k $701.3k | Reduced -5.1k |
| Cambria Investment Management, L.P. 0.04% of their portfolio | 28.2k $691.3k | Added +5.4k |
| FOX RUN MANAGEMENT, L.L.C. 0.10% of their portfolio | 27.6k $676.3k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 27.6k $676.2k | Added +1.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 27.4k $672.3k | Added +2.2k |
| Creative Planning 0.00% of their portfolio | 25.2k $617.6k | Added +1.2k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 25.0k $613.9k | Unchanged |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 24.4k $598.5k | Added +1.0k |
| GROUP ONE TRADING LLC 0.02% of their portfolio | 23.6k $577.7k | Added +21.1k |
| CAXTON ASSOCIATES LLP 0.01% of their portfolio | 23.5k $577.3k | Added +11.8k |
| MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio | 23.5k $577.2k | Reduced -16.6k |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 22.6k $554.3k | Added +10.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 22.5k $551.0k | Added +12.5k |
| Verition Fund Management LLC 0.00% of their portfolio | 21.4k $524.9k | Added +3.1k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 20.6k $506.5k | Reduced -6.8k |
| Atria Investments, Inc 0.01% of their portfolio | 19.5k $478.9k | Reduced -332 |
| UBS Group AG 0.00% of their portfolio | 19.2k $471.8k | Reduced -66.6k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 17.7k $433.4k | Added +3.0k |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 17.6k $431.7k | Reduced -20.2k |
| AlphaQuest LLC 0.02% of their portfolio | 17.4k $425.6k | Added +17.3k |
| RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio | 17.3k $423.4k | Reduced -5.8k |
| XTX Topco Ltd 0.01% of their portfolio | 17.0k $418.2k | Added +9.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 16.7k $410.7k | Added +636 |
| Deeter Investments LLP 0.09% of their portfolio | 16.1k $395.6k | First filing |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.01% of their portfolio | 16.0k $391.7k | Added +3.7k |