Key Points
- CFO Matto Andrew Del sold 33,387 shares on Dec. 31 at an average $17.67 (≈$589,948), and filings show he sold ~149,210 shares across the period, leaving him with 41,493 shares—a reported 44.59% drop in direct ownership.
- Significant insider selling by management also includes CEO Sanjay Beri's sales totaling ~630,321 shares (~$10.8M) during early January, a development investors often view as a negative signal for near‑term insider conviction.
- Netskope posted an EPS and revenue beat (Qtrly EPS -$0.10 vs. -$0.25 est.; revenue $184.17M, up ~33% YoY), yet the stock trades near its 52‑week low and below the analyst consensus target of about $26.94.
Netskope Inc. (NASDAQ:NTSK - Get Free Report) CFO Matto Andrew Del sold 33,387 shares of the company's stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $17.67, for a total transaction of $589,948.29. Following the completion of the sale, the chief financial officer directly owned 41,493 shares in the company, valued at $733,181.31. This represents a 44.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Netskope Price Performance
Shares of NASDAQ NTSK opened at $17.15 on Tuesday. Netskope Inc. has a 1 year low of $16.57 and a 1 year high of $27.99. The stock has a market cap of $6.74 billion and a PE ratio of -171.50. The company's 50-day simple moving average is $19.91. The company has a debt-to-equity ratio of 5.17, a quick ratio of 2.32 and a current ratio of 2.32.
Netskope (NASDAQ:NTSK - Get Free Report) last announced its quarterly earnings data on Thursday, December 11th. The company reported ($0.10) earnings per share for the quarter, topping analysts' consensus estimates of ($0.25) by $0.15. The business had revenue of $184.17 million during the quarter, compared to analysts' expectations of $175.81 million. The business's revenue was up 33.0% compared to the same quarter last year.
Key Headlines Impacting Netskope
Here are the key news stories impacting Netskope this week:
- Positive Sentiment: Recent fundamentals: Netskope reported a Dec. quarter beat (EPS and revenue) and ~33% YoY revenue growth in its last quarterly report, which underpins the company’s growth narrative and can be a long-term positive for the stock.
- Neutral Sentiment: Valuation/volatility pieces: Coverage assessing Netskope’s valuation after recent share-price moves is adding attention but not a clear directional catalyst; such pieces can increase trading interest and short-term volatility. Assessing Netskope (NTSK) Valuation After Recent Share Price Volatility
- Negative Sentiment: CEO insider selling: CEO Sanjay Beri has disclosed multiple sales (108,553 on 12/31, 346,061 on 1/2 and 175,707 on 1/5) totaling ~630,321 shares and roughly $10.8M, which investors often view as a negative signal about near-term insider conviction. CEO Form 4
- Negative Sentiment: CFO insider selling and ownership drop: CFO Matto Andrew H. Del sold ~149,210 shares across the same dates (~$2.56M total), reducing his direct ownership to 41,493 shares (a material percentage decline reported in filings), which can raise governance/concern flags for investors. CFO Form 4
- Negative Sentiment: Share-price technical pressure: The stock recently hit a new 52-week low, which can trigger stop-loss selling and cautious positioning by traders and some funds. Netskope Sets New 1-Year Low
Institutional Investors Weigh In On Netskope
Several large investors have recently bought and sold shares of NTSK. ICONIQ Capital LLC purchased a new position in Netskope in the 3rd quarter worth about $1,506,261,000. Scge Management L.P. purchased a new position in shares of Netskope during the third quarter valued at approximately $312,104,000. Vanguard Group Inc. purchased a new position in shares of Netskope during the third quarter valued at approximately $80,006,000. Massachusetts Financial Services Co. MA bought a new position in Netskope during the third quarter valued at approximately $72,463,000. Finally, TimesSquare Capital Management LLC purchased a new stake in Netskope in the third quarter worth approximately $61,833,000.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on NTSK shares. Wall Street Zen raised Netskope to a "hold" rating in a report on Monday, September 29th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $23.00 price target on shares of Netskope in a research report on Monday. JMP Securities started coverage on shares of Netskope in a research report on Monday, October 13th. They set a "market outperform" rating and a $27.00 price objective on the stock. Mizuho lifted their target price on shares of Netskope from $25.00 to $26.00 and gave the stock an "outperform" rating in a report on Friday, December 12th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Netskope in a research note on Monday, October 13th. They issued an "overweight" rating and a $26.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $26.94.
View Our Latest Stock Report on NTSK
Netskope Company Profile
(
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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.
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