Netskope Sees Unusually Large Options Volume (NASDAQ:NTSK)

by · The Markets Daily

Netskope Inc. (NASDAQ:NTSK – Get Free Report) was the recipient of some unusual options trading on Tuesday. Traders purchased 7,246 call options on the stock. This is an increase of 75% compared to the typical daily volume of 4,152 call options.

Analyst Ratings Changes

A number of brokerages have recently weighed in on NTSK. Stephens began coverage on shares of Netskope in a research note on Monday, September 14th. They set an “overweight” rating and a $21.00 target price on the stock. Mizuho set a $16.00 price target on shares of Netskope in a research note on Wednesday, August 19th. Royal Bank Of Canada raised their price objective on shares of Netskope from $18.00 to $20.00 and gave the stock an “outperform” rating in a report on Thursday, September 3rd. Piper Sandler upped their target price on Netskope from $18.00 to $20.00 and gave the stock an “overweight” rating in a report on Thursday, September 3rd. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Netskope in a research report on Friday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Netskope has an average rating of “Moderate Buy” and an average price target of $19.32.

Read Our Latest Research Report on NTSK

Insider Activity at Netskope

In other Netskope news, Director William J.G. Griffith purchased 241,628 shares of the company’s stock in a transaction that occurred on Friday, July 10th. The stock was bought at an average price of $12.26 per share, with a total value of $2,962,359.28. Following the completion of the purchase, the director directly 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 purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Lightspeed Venture Partners Se sold 10,621 shares of Netskope stock in a transaction on Friday, September 11th. The shares were sold at an average price of $14.90, for a total transaction of $158,252.90. The disclosure for this sale is available in the SEC filing. Insiders acquired a total of 612,798 shares of company stock worth $7,533,630 over the last quarter. 25.52% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Netskope

Several large investors have recently made changes to their positions in the business. Rockefeller Capital Management L.P. grew its stake in shares of Netskope by 199,900.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,000 shares of the company’s stock worth $70,000 after buying an additional 3,998 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Netskope during the fourth quarter valued at $87,000. Operose Advisors LLC purchased a new position in Netskope during the second quarter valued at $56,000. FNY Investment Advisers LLC boosted its holdings in Netskope by 88.9% in the second quarter. FNY Investment Advisers LLC now owns 8,500 shares of the company’s stock worth $92,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Netskope by 57.6% in the first quarter. Assetmark Inc. now owns 9,264 shares of the company’s stock worth $79,000 after acquiring an additional 3,385 shares during the last quarter.

More Netskope News

Here are the key news stories impacting Netskope this week:

  • Positive Sentiment: BTIG upgraded Netskope to Buy and raised its price target to $22 from $18, implying additional upside based on the reference price. The upgrade helped drive a sharp move higher in the shares. Netskope Stock Jumps Following Analyst Upgrade
  • Positive Sentiment: Unusually heavy call-option buying suggests some traders are positioning for further gains. Investors purchased 7,246 calls, approximately 75% above the average volume of 4,152 contracts. This is a sentiment indicator rather than a fundamental change, but it can support near-term momentum. Traders Purchase High Volume of Netskope Call Options
  • Positive Sentiment: Netskope launched the AgentSkope Marketplace, a single console for browsing, deploying, and managing AI agents. The offering could strengthen the company’s position in AI security and networking while making it easier for enterprise customers to adopt its products. Netskope Unveils AgentSkope Marketplace
  • Positive Sentiment: BTIG reported rising demand for Netskope and other cloud-security providers ahead of third-quarter earnings, reinforcing expectations for continued revenue momentum and potentially stronger forward guidance. Rising Demand Ahead of Q3 Earnings
  • Neutral Sentiment: Upcoming earnings remain the next major catalyst. The market will look for evidence that demand is translating into revenue growth, improving losses, and stronger guidance after Netskope’s recent rally.
  • Negative Sentiment: Valuation and profitability remain risks. Netskope continues to report sizable losses, and options activity and analyst targets can amplify volatility if earnings or guidance disappoint.

Netskope Stock Down 2.0%

NASDAQ:NTSK opened at $19.24 on Thursday. The firm’s 50-day moving average price is $15.72 and its 200-day moving average price is $12.37. The company has a market capitalization of $7.86 billion and a PE ratio of -7.55. The company has a debt-to-equity ratio of 4.45, a current ratio of 2.01 and a quick ratio of 2.00. Netskope has a 1-year low of $7.66 and a 1-year high of $24.98.

Netskope (NASDAQ:NTSK – Get Free Report) last issued its quarterly earnings results on Wednesday, September 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.23. Netskope had a negative net margin of 91.84% and a negative return on equity of 83.84%. The company had revenue of $220.54 million during the quarter. Netskope has set its FY 2027 guidance at -0.150–0.150 EPS and its Q3 2027 guidance at -0.040–0.030 EPS. On average, equities analysts predict that Netskope will post -0.82 EPS for the current fiscal year.

Netskope Company Profile

(Get Free Report)

Netskope, Inc is a cloud security company that provides technology for protecting data, users, applications and networks in modern digital environments. Its platform is designed to help organizations secure access to cloud services, web applications, private applications and other internet-connected resources while supporting distributed workforces and hybrid IT infrastructures.

The company’s products include cloud access security broker (CASB) capabilities, secure web gateway services, zero trust network access, data loss prevention, cloud firewall functionality and security analytics.

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