UBS Group AG Boosts Stock Holdings in Netskope Inc. $NTSK

UBS Group AG grew its holdings in Netskope Inc. (NASDAQ:NTSK) by 3,471.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 409,289 shares of the company’s stock after acquiring an additional 397,830 shares during the period. UBS Group AG’s holdings in Netskope were worth $7,179,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. ICONIQ Capital LLC purchased a new stake in Netskope during the 3rd quarter worth $1,506,261,000. Scge Management L.P. acquired a new position in shares of Netskope in the 3rd quarter valued at about $312,104,000. Vanguard Group Inc. boosted its stake in Netskope by 51.5% during the 4th quarter. Vanguard Group Inc. now owns 5,332,708 shares of the company’s stock valued at $93,536,000 after purchasing an additional 1,812,857 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in Netskope by 11.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,561,508 shares of the company’s stock valued at $62,469,000 after purchasing an additional 373,529 shares during the period. Finally, TimesSquare Capital Management LLC acquired a new position in Netskope during the 3rd quarter valued at about $61,833,000.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Morgan Stanley reduced their target price on shares of Netskope from $27.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday, March 12th. Robert W. Baird dropped their price target on shares of Netskope from $27.00 to $20.00 and set an “outperform” rating on the stock in a research report on Thursday, March 12th. Wells Fargo & Company started coverage on shares of Netskope in a report on Tuesday, March 3rd. They issued an “overweight” rating and a $13.00 target price on the stock. JPMorgan Chase & Co. dropped their target price on shares of Netskope from $23.00 to $19.00 and set an “overweight” rating on the stock in a report on Thursday, March 12th. Finally, Piper Sandler dropped their target price on shares of Netskope from $28.00 to $21.00 and set an “overweight” rating on the stock in a report on Thursday, March 12th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.37.

Netskope Stock Performance

Netskope stock opened at $11.37 on Tuesday. The firm’s 50 day simple moving average is $9.87 and its 200-day simple moving average is $14.38. The company has a market cap of $4.55 billion and a P/E ratio of -81.21. The company has a debt-to-equity ratio of 3.71, a current ratio of 2.13 and a quick ratio of 2.12. Netskope Inc. has a fifty-two week low of $7.66 and a fifty-two week high of $27.99.

Netskope (NASDAQ:NTSK) last released its earnings results on Wednesday, March 11th. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.02. The firm had revenue of $196.33 million during the quarter. The company’s quarterly revenue was up 32.2% compared to the same quarter last year. Netskope has set its Q1 2027 guidance at -0.070–0.060 EPS and its FY 2027 guidance at -0.190–0.190 EPS. As a group, equities research analysts predict that Netskope Inc. will post -0.19 EPS for the current year.

Netskope Profile

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.