Netskope (NASDAQ:NTSK) CFO Matto Andrew Del Sells 49,875 Shares

Netskope Inc. (NASDAQ:NTSK) CFO Matto Andrew Del sold 49,875 shares of Netskope stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $17.16, for a total transaction of $855,855.00. Following the completion of the transaction, the chief financial officer directly owned 41,493 shares of the company’s stock, valued at $712,019.88. This trade represents a 54.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Netskope Price Performance

Shares of NASDAQ:NTSK traded up $0.31 during trading on Wednesday, reaching $17.65. 2,385,875 shares of the company’s stock traded hands, compared to its average volume of 2,729,612. The stock has a market cap of $6.94 billion and a PE ratio of -176.50. Netskope Inc. has a 12 month low of $16.57 and a 12 month high of $27.99. The company’s 50 day moving average is $19.68. The company has a debt-to-equity ratio of 5.17, a current ratio of 2.32 and a quick ratio of 2.32.

Netskope (NASDAQ:NTSK) last issued its earnings results on Thursday, December 11th. The company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.15. The company had revenue of $184.17 million during the quarter, compared to analyst estimates of $175.81 million. The business’s quarterly revenue was up 33.0% compared to the same quarter last year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Morgan Stanley initiated coverage on Netskope in a research note on Monday, October 13th. They issued an “overweight” rating and a $27.00 target price on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $23.00 price objective on shares of Netskope in a report on Monday. Citigroup began coverage on shares of Netskope in a research note on Monday, October 13th. They set an “outperform” rating for the company. Oppenheimer set a $28.00 target price on shares of Netskope and gave the stock an “outperform” rating in a research report on Monday, October 13th. Finally, BTIG Research started coverage on shares of Netskope in a research note on Monday, October 13th. They issued a “buy” rating and a $27.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $26.94.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tudor Investment Corp ET AL bought a new stake in Netskope during the third quarter worth approximately $3,928,000. Hudson Bay Capital Management LP acquired a new position in shares of Netskope during the 3rd quarter valued at $5,891,000. Polar Asset Management Partners Inc. bought a new stake in shares of Netskope in the 3rd quarter worth $2,814,000. BlueCrest Capital Management Ltd acquired a new stake in shares of Netskope in the third quarter valued at $5,035,000. Finally, Maven Securities LTD bought a new position in Netskope during the third quarter valued at about $227,000.

Key Headlines Impacting Netskope

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: Netskope reported a December quarter beat (EPS and revenue) with revenue up ~33% year‑over‑year — a fundamental positive that supports the growth story and can help underpin the stock over time.
• Neutral Sentiment: Analyst/institutional backdrop is generally constructive: consensus is a “Moderate Buy” with a street target near $26.94 and multiple buy/outperform ratings and large institutional stakes reported, which can limit downside if fundamentals remain intact.
• Negative Sentiment: CEO Sanjay Beri has sold large blocks of shares across multiple days (recent filings show sales totaling hundreds of thousands of shares over early January), which markets often interpret as a negative signal for insider conviction. Read More.
• Negative Sentiment: CFO Matto Andrew H. Del has also sold substantial shares across recent filings and his reported direct ownership has materially declined (to ~41,493 shares), which can raise governance or confidence concerns among investors. Read More.
• Negative Sentiment: Technical/market pressure: the stock recently hit a new 52‑week low, increasing the risk of stop‑loss selling and short‑term volatility. Read More.

About Netskope

We are redefining security and networking for the era of cloud and AI. The cloud and AI have completely revolutionized work. We are more dispersed, more productive, and more automated than ever before, and the rate of change is only accelerating. Not since the internet has there been such a transformative tectonic shift. But, with it has come collateral damage-traditional security and networking are now broken. We founded Netskope to address this revolution. We built Netskope One, our unified, cloud-native platform from the ground up to solve the challenge of securing and accelerating the digital interactions of enterprises in this new era.