Netskope Inc. (NASDAQ:NTSK) Short Interest Down 40.7% in July

Posted by Geri Gentry on Aug 1st, 2026

Netskope Inc. (NASDAQ:NTSK – Get Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 15,936,658 shares, a drop of 40.7% from the June 30th total of 26,867,322 shares. Based on an average trading volume of 5,119,563 shares, the days-to-cover ratio is currently 3.1 days. Approximately 5.3% of the company’s shares are short sold.

Netskope Trading Up 4.0%

NTSK opened at $12.59 on Friday. The stock has a market capitalization of $5.09 billion and a P/E ratio of -62.95. The company has a current ratio of 2.17, a quick ratio of 2.16 and a debt-to-equity ratio of 4.06. Netskope has a 12 month low of $7.66 and a 12 month high of $27.99. The firm’s fifty day simple moving average is $11.20 and its 200 day simple moving average is $11.24.

Netskope (NASDAQ:NTSK – Get Free Report) last released its earnings results on Wednesday, June 3rd. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.01. The firm had revenue of $201.59 million for the quarter. Netskope’s revenue was up 27.8% on a year-over-year basis. 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, research analysts anticipate that Netskope will post -0.88 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Piper Sandler cut their target price on Netskope from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, June 4th. Wells Fargo & Company decreased their target price on Netskope from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, June 5th. KeyCorp upped their price target on Netskope from $14.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. BTIG Research reduced their price objective on shares of Netskope from $17.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday, June 4th. Finally, Citizens Jmp lowered their target price on shares of Netskope from $23.00 to $17.00 and set a “market outperform” rating for the company in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $17.21.

View Our Latest Stock Report on Netskope

Insider Buying and Selling at Netskope

In other Netskope news, major shareholder Lightspeed Venture Partners Se sold 1,313,827 shares of Netskope stock in a transaction on Friday, June 12th. The shares were sold at an average price of $9.19, for a total transaction of $12,074,070.13. Following the completion of the sale, the insider owned 336,173 shares of the company’s stock, valued at approximately $3,089,429.87. The trade was a 79.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Iconiq Strategic Partners Viii purchased 610,291 shares of the business’s stock in a transaction dated Wednesday, July 8th. The stock was bought at an average cost of $11.82 per share, for a total transaction of $7,213,639.62. Following the purchase, 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. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 1,833,380 shares of company stock valued at $21,960,909 and sold 3,529,696 shares valued at $33,002,807. 25.52% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of NTSK. Farther Finance Advisors LLC bought a new stake in Netskope in the 4th quarter valued at approximately $25,000. Quarry LP acquired a new position in Netskope during the 3rd quarter worth approximately $41,000. Triumph Capital Management grew its stake in shares of Netskope by 380.0% during the 4th quarter. Triumph Capital Management now owns 2,400 shares of the company’s stock worth $42,000 after acquiring an additional 1,900 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Netskope by 261.7% during the 4th quarter. Wells Fargo & Company MN now owns 3,617 shares of the company’s stock worth $63,000 after acquiring an additional 2,617 shares in the last quarter. Finally, Leonteq Securities AG acquired a new stake in shares of Netskope in the fourth quarter valued at approximately $64,000.

About Netskope

(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.