Netskope (NASDAQ:NTSK) Major Shareholder Iconiq Strategic Partners Viii Purchases 241,628 Shares

Posted by Francis Steltz on Jul 14th, 2026

Netskope Inc. (NASDAQ:NTSK – Get Free Report) major shareholder Iconiq Strategic Partners Viii purchased 241,628 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The shares were purchased at an average price of $12.26 per share, for a total transaction of $2,962,359.28. Following the completion of the acquisition, the insider owned 851,919 shares of the company’s stock, valued at $10,444,526.94. The trade was a 39.59% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Iconiq Strategic Partners Viii also recently made the following trade(s):

On Monday, July 13th, Iconiq Strategic Partners Viii acquired 64,771 shares of Netskope stock. The stock was purchased at an average price of $12.42 per share, with a total value of $804,455.82.
On Wednesday, July 8th, Iconiq Strategic Partners Viii bought 610,291 shares of Netskope stock. The shares were purchased at an average cost of $11.82 per share, for a total transaction of $7,213,639.62.

Netskope Stock Performance

Shares of NASDAQ NTSK traded up $1.47 during midday trading on Tuesday, reaching $14.27. The company’s stock had a trading volume of 10,148,206 shares, compared to its average volume of 4,680,417. The stock has a market capitalization of $5.76 billion and a P/E ratio of -71.35. The company has a debt-to-equity ratio of 4.06, a current ratio of 2.17 and a quick ratio of 2.16. The firm has a 50 day moving average price of $10.81 and a 200-day moving average price of $11.69. Netskope Inc. has a 12-month low of $7.66 and a 12-month high of $27.99.

Netskope (NASDAQ:NTSK – Get Free Report) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.01. The business had revenue of $201.59 million for the quarter. Netskope’s quarterly revenue was up 27.8% compared to the same quarter last year. Netskope has set its Q2 2027 guidance at -0.070–0.060 EPS and its FY 2027 guidance at -0.180–0.180 EPS. As a group, equities analysts predict that Netskope Inc. will post -0.88 earnings per share for the current year.

Institutional Trading of Netskope

Institutional investors have recently modified their holdings of the business. Insight Holdings Group LLC purchased a new position in Netskope in the 3rd quarter valued at approximately $3,978,000. Tudor Investment Corp ET AL purchased a new stake in shares of Netskope during the third quarter worth $3,928,000. Swedbank AB bought a new position in shares of Netskope in the fourth quarter worth $1,801,000. OFI Invest Asset Management bought a new position in shares of Netskope in the fourth quarter worth $15,889,000. Finally, Hudson Bay Capital Management LP purchased a new position in shares of Netskope in the third quarter valued at $5,891,000.

Analysts Set New Price Targets

NTSK has been the subject of several research analyst reports. Rosenblatt Securities started coverage on Netskope in a research report on Tuesday, April 14th. They set a “buy” rating and a $15.00 target price for the company. Oppenheimer reduced their price target on shares of Netskope from $19.00 to $16.00 and set an “outperform” rating for the company in a research report on Thursday, June 4th. Wells Fargo & Company decreased their price objective on shares of Netskope from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, June 5th. TD Cowen lowered their price objective on shares of Netskope from $25.00 to $19.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Finally, BMO Capital Markets dropped their target price on shares of Netskope from $14.00 to $13.00 and set an “outperform” rating on the stock in a research note on Thursday, June 4th. One equities research 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 company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $17.11.

Read Our Latest Research Report 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.