NETGEAR® has pioneered advanced networking technologies for homes, businesses, and service providers around the world since 1996 and leads the industry with a broad range of award-winning products designed to simplify and improve people’s lives. By enabling people to collaborate and connect to a world of information and entertainment, NETGEAR is dedicated to delivering innovative and advanced connected solutions ranging from mobile and cloud-based services for enhanced control and security, to smart networking products, video over Ethernet for Pro AV applications, easy-to-use WiFi solutions and performance gaming routers to enhance online game play.
The company is headquartered out of San Jose, Calif. with offices located around the globe.
Company profile
Ticker
NTGR
Exchange
Website
CEO
Patrick Lo
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
CIENA • ADTRAN • Plantronics • Infinera • Fabrinet • Westell • Audiocodes • Pineapple Energy • ClearOne • Sonim ...
Former names
NETGEAR INC, NETGEAR, INC
SEC CIK
Corporate docs
Subsidiaries
Infrant Technologies, LLC • SKIPJAM CORP • NETGEAR International, Inc. • Netgear Deutschland GmbH • NETGEAR FRANCE SAS • NETGEAR HOLDINGS LIMITED • NETGEAR INTERNATIONAL LTD • NETGEAR ASIA PTE. LIMITED • NETGEAR HONG KONG LIMITED • Netgear Switzerland GmbH ...
IRS number
770419172
NTGR stock data
Analyst ratings and price targets
Latest filings (excl ownership)
SD
Conflict minerals disclosure
24 May 23
10-Q
2023 Q1
Quarterly report
5 May 23
8-K
Netgear® Reports First Quarter 2023 Results
26 Apr 23
DEFA14A
Additional proxy soliciting materials
20 Apr 23
DEF 14A
Definitive proxy
20 Apr 23
ARS
2022 FY
Annual report to shareholders
20 Apr 23
10-K
2022 FY
Annual report
17 Feb 23
8-K
Netgear® Reports Fourth Quarter and Full Year 2022 Results
1 Feb 23
10-Q
2022 Q3
Quarterly report
4 Nov 22
8-K
Netgear® Reports Third Quarter 2022 Results
26 Oct 22
Transcripts
NTGR
Earnings call transcript
2023 Q1
26 Apr 23
NTGR
Earnings call transcript
2022 Q4
1 Feb 23
NTGR
Earnings call transcript
2022 Q3
26 Oct 22
NTGR
Earnings call transcript
2022 Q2
28 Jul 22
NTGR
Earnings call transcript
2022 Q1
27 Apr 22
NTGR
Earnings call transcript
2021 Q4
3 Feb 22
NTGR
Earnings call transcript
2021 Q3
28 Oct 21
NTGR
Earnings call transcript
2021 Q2
22 Jul 21
NTGR
Earnings call transcript
2021 Q1
22 Apr 21
NTGR
Earnings call transcript
2020 Q4
4 Feb 21
Latest ownership filings
Financial summary
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 143.19 mm | 143.19 mm | 143.19 mm | 143.19 mm | 143.19 mm | 143.19 mm |
| Cash burn (monthly) | 1.10 mm | 5.30 mm | 3.99 mm | 3.10 mm | (no burn) | 492.00 k |
| Cash used (since last report) | 2.30 mm | 11.05 mm | 8.32 mm | 6.45 mm | n/a | 1.03 mm |
| Cash remaining | 140.89 mm | 132.14 mm | 134.87 mm | 136.74 mm | n/a | 142.17 mm |
| Runway (months of cash) | 127.7 | 24.9 | 33.8 | 44.1 | n/a | 289.0 |
Institutional ownership, Q1 2023
84.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 152 |
| Opened positions | 17 |
| Closed positions | 21 |
| Increased positions | 43 |
| Reduced positions | 71 |
| 13F shares | Current |
|---|---|
| Total value | 444.10 bn |
| Total shares | 24.45 mm |
| Total puts | 231.90 k |
| Total calls | 37.70 k |
| Total put/call ratio | 6.2 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 5.28 mm | $97.76 bn |
| Vanguard | 3.31 mm | $61.24 bn |
| Victory Capital Management | 2.56 mm | $47.44 bn |
| Brandes Investment Partners | 2.28 mm | $42.26 bn |
| Dimensional Fund Advisors | 1.78 mm | $32.95 bn |
| STT State Street | 1.25 mm | $23.13 bn |
| MCQEF Macquarie | 811.63 k | $15.02 bn |
| Geode Capital Management | 555.26 k | $10.28 bn |
| Charles Schwab Investment Management | 536.31 k | $9.93 bn |
| JPM JPMorgan Chase & Co. | 449.21 k | $8.32 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jun 23 | Sarah Butterfass | Common Stock | Grant | Acquire A | No | No | 0 | 14,064 | 0.00 | 31,751 |
| 1 Jun 23 | Shravan Goli | Common Stock | Grant | Acquire A | No | No | 0 | 14,064 | 0.00 | 28,694 |
| 1 Jun 23 | Maiorino Bradley | Common Stock | Grant | Acquire A | No | No | 0 | 14,064 | 0.00 | 48,039 |
| 1 Jun 23 | Roberts Janice M | Common Stock | Grant | Acquire A | No | No | 0 | 14,064 | 0.00 | 46,671 |
| 1 Jun 23 | Waechter Thomas H | Common Stock | Grant | Acquire A | No | No | 0 | 14,064 | 0.00 | 53,199 |
News
'Netgear Routers' Flaws Expose Users To Malware, Remote Attacks, And Surveillance' - The Hacker News
12 May 23
Raymond James Maintains Outperform on Netgear, Lowers Price Target to $22
28 Apr 23
12 Information Technology Stocks Moving In Thursday's Intraday Session
27 Apr 23
Why NETGEAR Shares Are Trading Lower By 18%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
27 Apr 23
Stocks That Hit 52-Week Lows On Thursday
27 Apr 23
Press releases
NETGEAR Introduces World's First WiFi 6E Unlocked 5G Mobile Hotspot With mmWave Technology
10 May 23
NETGEAR® Reports First Quarter 2023 Results
26 Apr 23
NETGEAR Schedules First Quarter 2023 Results Conference Call
12 Apr 23
Shapeways Announces Appointment of Christine Gorjanc as Independent Director
30 Mar 23
NETGEAR Introduces the First WiFi 7 Router, Unlocking the Next Generation of High-Performance Connectivity
14 Mar 23