Key Points
- CEO Sanjay Beri sold 840,397 shares between Dec. 31 and Jan. 7, realizing about $14.43 million, according to SEC Form 4 filings.
- Other insiders, including CFO Matto Andrew H. Del, also disclosed sizable sales on Jan. 6–7, a concentration of insider selling that can weigh on investor sentiment and the stock.
- Despite the insider sales, Netskope reported a Q3 EPS beat (‑$0.10 vs. ‑$0.25 expected) and revenue of $184.2M (+33% YoY); the stock trades near $17.65 with a market cap of about $6.94B and a negative P/E.
Netskope Inc. (NASDAQ:NTSK - Get Free Report) CEO Sanjay Beri sold 31,594 shares of the company's stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $17.58, for a total transaction of $555,422.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Sanjay Beri also recently made the following trade(s):
- On Tuesday, January 6th, Sanjay Beri sold 178,482 shares of Netskope stock. The shares were sold at an average price of $17.13, for a total transaction of $3,057,396.66.
- On Monday, January 5th, Sanjay Beri sold 175,707 shares of Netskope stock. The shares were sold at an average price of $17.33, for a total transaction of $3,045,002.31.
- On Friday, January 2nd, Sanjay Beri sold 346,061 shares of Netskope stock. The shares were sold at an average price of $16.91, for a total transaction of $5,851,891.51.
- On Wednesday, December 31st, Sanjay Beri sold 108,553 shares of Netskope stock. The shares were sold at an average price of $17.67, for a total transaction of $1,918,131.51.
Netskope Stock Up 1.8%
Netskope stock opened at $17.65 on Thursday. The company has a debt-to-equity ratio of 5.17, a quick ratio of 2.32 and a current ratio of 2.32. The stock has a market capitalization of $6.94 billion and a price-to-earnings ratio of -176.50. The business's fifty day moving average is $19.68. Netskope Inc. has a twelve month low of $16.57 and a twelve month high of $27.99.
Netskope (NASDAQ:NTSK - Get Free Report) last released its quarterly earnings results on Thursday, December 11th. The company reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.25) by $0.15. The company had revenue of $184.17 million during the quarter, compared to the consensus estimate of $175.81 million. Netskope's revenue for the quarter was up 33.0% on a year-over-year basis.
Hedge Funds Weigh In On Netskope
Several hedge funds have recently made changes to their positions in NTSK. Quarry LP acquired a new stake in Netskope during the 3rd quarter worth about $41,000. Assetmark Inc. acquired a new position in shares of Netskope in the third quarter valued at about $83,000. RiverPark Advisors LLC purchased a new position in shares of Netskope in the third quarter worth about $87,000. SBI Securities Co. Ltd. acquired a new stake in shares of Netskope during the third quarter worth about $89,000. Finally, Ameriflex Group Inc. purchased a new stake in Netskope in the third quarter valued at approximately $127,000.
Netskope News Roundup
Here are the key news stories impacting Netskope this week:
- Positive Sentiment: Recent quarter: Netskope reported an EPS beat and accelerating revenue growth (Q3 reported on Dec. 11: ($0.10) EPS vs. ($0.25) expected; revenue $184.2M, +33% YoY). That fundamental beat supports the company’s growth narrative and is a constructive backdrop for the stock. MarketBeat Netskope Profile
- Neutral Sentiment: Peer/comparison articles: Several recent write-ups compare Netskope to peers and assess positioning in cloud security — useful context but not immediate catalysts. These are analytical pieces rather than new company disclosures. Analyzing Netskope (NTSK) and Its Peers
- Neutral Sentiment: Additional comparison/contrast coverage: more head‑to‑head and sector reviews were published (helpful for positioning and valuation checks but not direct catalysts). Netskope (NTSK) vs. Its Competitors Head to Head Contrast
- Negative Sentiment: CEO insider sales: CEO Sanjay Beri disclosed multiple large sales on Jan. 6–7 (several hundred thousand shares across filings) totaling several million dollars; such concentrated sales often push investor sentiment negative and can weigh on the stock. SEC filing and press coverage: CEO SEC Form 4 Sanjay Beri Sells 175,707 Shares
- Negative Sentiment: CFO insider selling: CFO Matto Andrew H. Del disclosed sizable sales (multiple filings across Jan. 6–7), cutting his position materially — another direct negative signal for traders. SEC filing and coverage: CFO SEC Form 4 Matto Andrew Del Sells 38,616 Shares
- Negative Sentiment: Critical reviews: several pieces label Netskope’s positioning versus rivals in critical terms; media criticism can amplify concern when paired with insider selling. Examples: Critical Review: Netskope (NTSK) and The Competition and Netskope (NTSK) versus Its Rivals Critical Review
Analyst Upgrades and Downgrades
Several research analysts recently commented on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Netskope in a research report on Monday, December 29th. Independent Research set a $27.00 price target on Netskope in a research report on Monday, October 13th. Zacks Research raised Netskope to a "hold" rating in a research report on Monday, October 20th. BTIG Research started coverage on Netskope in a research report on Monday, October 13th. They set a "buy" rating and a $27.00 target price on the stock. Finally, Piper Sandler reiterated an "overweight" rating on shares of Netskope in a research note on Friday, December 12th. 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 issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $26.94.
Check Out Our Latest Stock Analysis on NTSK
Netskope Company Profile
(
Get Free Report)
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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