Netskope (NASDAQ:NTSK) CEO Sanjay Beri Sells 31,594 Shares

by · The Markets Daily

Netskope Inc. (NASDAQ:NTSK – Get Free Report) CEO Sanjay Beri sold 31,594 shares of Netskope stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $17.58, for a total value of $555,422.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 value of $3,057,396.66.
  • On Monday, January 5th, Sanjay Beri sold 175,707 shares of Netskope stock. The stock was sold at an average price of $17.33, for a total value of $3,045,002.31.
  • On Friday, January 2nd, Sanjay Beri sold 346,061 shares of Netskope stock. The stock was sold at an average price of $16.91, for a total value 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 value of $1,918,131.51.

Netskope Stock Performance

Shares of NTSK opened at $17.65 on Thursday. The company has a market capitalization of $6.94 billion and a PE ratio of -176.50. The stock has a fifty day simple moving average of $19.68. The company has a debt-to-equity ratio of 5.17, a current ratio of 2.32 and a quick ratio of 2.32. Netskope Inc. has a fifty-two week low of $16.57 and a fifty-two week high of $27.99.

Netskope (NASDAQ:NTSK – Get Free Report) last released its quarterly earnings data on Thursday, December 11th. The company reported ($0.10) EPS for the quarter, beating the consensus estimate of ($0.25) by $0.15. The business had revenue of $184.17 million for the quarter, compared to the consensus estimate of $175.81 million. The company’s quarterly revenue was up 33.0% compared to the same quarter last year.

Key Stories Impacting Netskope

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. assumed coverage on Netskope in a research note on Monday, October 13th. They issued an “overweight” rating and a $26.00 price objective for the company. Independent Research set a $27.00 price target on Netskope in a research report on Monday, October 13th. Royal Bank Of Canada reiterated an “outperform” rating and set a $23.00 price objective on shares of Netskope in a research report on Monday. Baird R W upgraded shares of Netskope to a “strong-buy” rating in a report on Monday, October 27th. Finally, Robert W. Baird began coverage on shares of Netskope in a research note on Monday, October 27th. They set an “outperform” rating and a $27.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued 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 stock currently has a consensus rating of “Moderate Buy” and an average price target of $26.94.

Get Our Latest Stock Report on Netskope

Institutional Investors Weigh In On Netskope

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quarry LP bought a new position in Netskope in the 3rd quarter worth about $41,000. Assetmark Inc. purchased a new stake in shares of Netskope in the third quarter valued at approximately $83,000. RiverPark Advisors LLC bought a new position in Netskope in the third quarter worth approximately $87,000. SBI Securities Co. Ltd. purchased a new position in Netskope during the 3rd quarter worth $89,000. Finally, Ameriflex Group Inc. purchased a new position in Netskope during the 3rd quarter worth $127,000.

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.

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