Inspire Investing LLC Makes New $636,000 Investment in Netskope Inc. $NTSK

Inspire Investing LLC acquired a new position in Netskope Inc. (NASDAQ:NTSK) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 36,493 shares of the company’s stock, valued at approximately $636,000.

Several other large investors have also modified their holdings of NTSK. Walser Wealth Management Company A Ltd Liability Co raised its holdings in Netskope by 6.4% in the 3rd quarter. Walser Wealth Management Company A Ltd Liability Co now owns 15,554 shares of the company’s stock worth $271,000 after acquiring an additional 939 shares during the period. Camelot Technology Advisors Inc. lifted its position in Netskope by 71.1% during the 3rd quarter. Camelot Technology Advisors Inc. now owns 30,132 shares of the company’s stock worth $526,000 after acquiring an additional 12,526 shares during the last quarter. Silicon Valley Capital Partners bought a new stake in Netskope during the second quarter valued at about $329,000. Engineers Gate Manager LP boosted its holdings in Netskope by 6.0% during the second quarter. Engineers Gate Manager LP now owns 91,521 shares of the company’s stock valued at $1,001,000 after acquiring an additional 5,166 shares during the period. Finally, Squarepoint Ops LLC grew its position in shares of Netskope by 351.2% in the second quarter. Squarepoint Ops LLC now owns 65,965 shares of the company’s stock valued at $722,000 after purchasing an additional 51,344 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on NTSK. TD Cowen reiterated a “buy” rating and issued a $19.00 price objective on shares of Netskope in a research note on Monday, August 17th. Royal Bank Of Canada increased their target price on Netskope from $18.00 to $20.00 and gave the company an “outperform” rating in a research note on Thursday, September 3rd. BTIG Research increased their target price on Netskope from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, October 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Netskope in a report on Friday, October 2nd. Finally, BMO Capital Markets lifted their price target on Netskope from $13.00 to $18.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $18.75.

Insider Activity

In other news, major shareholder Lightspeed Venture Partners Se sold 10,621 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $14.90, for a total value of $158,252.90. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 25.52% of the company’s stock.

Netskope Trading Down 1.2%

NASDAQ NTSK opened at $26.19 on Friday. The company’s 50-day simple moving average is $18.15 and its 200 day simple moving average is $13.20. Netskope Inc. has a twelve month low of $7.66 and a twelve month high of $26.71. 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 (NASDAQ:NTSK) last announced its quarterly earnings results on Wednesday, September 2nd. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.23. The firm had revenue of $220.54 million during the quarter. Netskope had a negative net margin of 91.84% and a negative return on equity of 83.84%. Netskope has set its FY 2027 guidance at -0.150–0.150 EPS and its Q3 2027 guidance at -0.040–0.030 EPS. As a group, analysts predict that Netskope Inc. will post -0.82 earnings per share for the current fiscal year.

About Netskope

Netskope, Inc is a cybersecurity company that provides cloud-based security and networking solutions for organizations operating in cloud, web, data center and remote-work environments. Its platform is designed to help enterprises protect data, applications and users while providing visibility and control across distributed information-technology environments.

The company’s Netskope One platform brings together security service edge (SSE) and secure access service edge (SASE) capabilities.