Key Points
- CEO Najeeb Ghauri bought 5,000 shares of NetSol Technologies at $4.02 each, spending a total of $20,100. After the purchase, he owned 983,999 shares valued at about $3.96 million.
- NetSol Technologies recently reported better-than-expected quarterly results, posting earnings of $0.11 per share versus the $0.08 consensus estimate and revenue of $19.83 million, well above expectations.
- The stock has a Hold consensus rating, with Weiss Ratings reiterating that view. Shares were trading near $4.05, with a market cap of about $48.1 million.
NetSol Technologies Inc. (NASDAQ:NTWK - Get Free Report) CEO Najeeb Ghauri acquired 5,000 shares of NetSol Technologies stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average price of $4.02 per share, for a total transaction of $20,100.00. Following the completion of the acquisition, the chief executive officer directly owned 983,999 shares in the company, valued at approximately $3,955,675.98. This represents a 0.51% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
NetSol Technologies Price Performance
NTWK stock opened at $4.05 on Thursday. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.01. The business has a 50 day moving average price of $3.63 and a 200 day moving average price of $3.37. The stock has a market cap of $48.11 million, a price-to-earnings ratio of 27.00 and a beta of 0.81. NetSol Technologies Inc. has a fifty-two week low of $2.66 and a fifty-two week high of $5.75.
NetSol Technologies (NASDAQ:NTWK - Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The software maker reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.03. NetSol Technologies had a net margin of 2.49% and a return on equity of 4.24%. The firm had revenue of $19.83 million during the quarter, compared to analysts' expectations of $15.10 million.
Hedge Funds Weigh In On NetSol Technologies
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Evernest Financial Advisors LLC acquired a new position in NetSol Technologies in the 4th quarter valued at about $419,000. Geode Capital Management LLC grew its stake in shares of NetSol Technologies by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 115,169 shares of the software maker's stock valued at $349,000 after purchasing an additional 3,890 shares during the last quarter. Mink Brook Asset Management LLC acquired a new position in shares of NetSol Technologies in the fourth quarter valued at approximately $331,000. Rothschild Wealth LLC purchased a new stake in shares of NetSol Technologies during the fourth quarter worth approximately $303,000. Finally, Empowered Funds LLC lifted its holdings in shares of NetSol Technologies by 9.0% during the first quarter. Empowered Funds LLC now owns 68,151 shares of the software maker's stock worth $231,000 after purchasing an additional 5,624 shares during the period. Hedge funds and other institutional investors own 16.02% of the company's stock.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of NetSol Technologies in a research note on Tuesday. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of "Hold".
View Our Latest Stock Analysis on NTWK
NetSol Technologies Company Profile
(
Get Free Report)
NetSol Technologies, Inc is a publicly traded enterprise software provider specializing in asset finance and leasing solutions. Headquartered in Calabasas, California, the company was founded in 1997 by Najeeb Ghauri, who continues to serve as its chief executive officer. NetSol has built a reputation for delivering end-to-end digital solutions tailored to the finance, leasing, and rental industries, enabling clients to streamline operations, improve customer engagement, and accelerate business growth.
The company's flagship offering, NFS Ascent, is a configurable, modular platform that supports the entire contract lifecycle—from origination and credit approval through servicing and end-of-term processing.
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