Wasatch Advisors LP Buys New Shares in Netskope Inc. $NTSK

Posted by George Bondi on Aug 13th, 2026

Wasatch Advisors LP acquired a new position in shares of Netskope Inc. (NASDAQ:NTSK – Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 2,294,959 shares of the company’s stock, valued at approximately $25,107,000. Wasatch Advisors LP owned about 0.57% of Netskope as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Swedbank AB purchased a new stake in shares of Netskope during the fourth quarter worth about $1,801,000. Principal Financial Group Inc. raised its position in shares of Netskope by 31.4% in the 1st quarter. Principal Financial Group Inc. now owns 2,547,468 shares of the company’s stock valued at $21,628,000 after purchasing an additional 608,355 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Netskope by 11.7% in 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 last quarter. Strs Ohio acquired a new stake in Netskope in the 4th quarter worth approximately $2,719,000. Finally, Bank of New York Mellon Corp boosted its stake in Netskope by 1,381.8% in the 1st quarter. Bank of New York Mellon Corp now owns 475,918 shares of the company’s stock worth $4,041,000 after purchasing an additional 443,800 shares in the last quarter.

Netskope Stock Performance

NTSK opened at $14.99 on Thursday. Netskope Inc. has a 12-month low of $7.66 and a 12-month high of $27.99. The company has a current ratio of 2.17, a quick ratio of 2.16 and a debt-to-equity ratio of 4.06. The firm has a market capitalization of $6.05 billion and a PE ratio of -74.95. The firm has a 50 day moving average of $11.59 and a two-hundred day moving average of $11.15.

Netskope (NASDAQ:NTSK – Get Free Report) last released its quarterly earnings data on Wednesday, June 3rd. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.01. The business had revenue of $201.59 million during the quarter. The company’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. On average, analysts anticipate that Netskope Inc. will post -0.88 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on NTSK. Oppenheimer cut their price target on shares of Netskope from $19.00 to $16.00 and set an “outperform” rating on the stock in a research note on Thursday, June 4th. Mizuho lowered their price objective on shares of Netskope from $15.00 to $13.00 and set an “outperform” rating for the company in a research note on Thursday, June 4th. Citizens Jmp dropped their price objective on shares of Netskope from $23.00 to $17.00 and set a “market outperform” rating on the stock in a report on Friday, May 1st. Morgan Stanley cut their target price on Netskope from $18.00 to $14.00 and set an “overweight” rating on the stock in a research report on Thursday, June 4th. Finally, BTIG Research reduced their target price on Netskope from $17.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $17.21.

Check Out Our Latest Stock Report on Netskope

Insider Buying and Selling at Netskope

In other Netskope news, major shareholder Iconiq Strategic Partners Viii purchased 610,291 shares of the stock in a transaction on Wednesday, July 8th. The shares were bought at an average cost of $11.82 per share, with a total value of $7,213,639.62. Following the completion of the acquisition, the insider owned 610,291 shares in the company, valued at $7,213,639.62. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director William J.G. Griffith purchased 610,291 shares of the business’s stock in a transaction on Wednesday, July 8th. The shares were bought at an average cost of $11.82 per share, for a total transaction of $7,213,639.62. Following the completion of the transaction, the director directly owned 610,291 shares in the company, valued at $7,213,639.62. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have purchased 1,833,380 shares of company stock valued at $21,960,909 and have sold 3,529,696 shares valued at $33,002,807. Company insiders own 25.52% of the company’s stock.

Netskope Company Profile

(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.