Netskope (NASDAQ:NTSK) Director William J.G. Griffith Purchases 2,000,000 Shares

Netskope Inc. (NASDAQ:NTSK) Director William J.G. Griffith acquired 2,000,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were purchased at an average cost of $19.00 per share, for a total transaction of $38,000,000.00. Following the completion of the acquisition, the director directly owned 11,238,175 shares in the company, valued at approximately $213,525,325. The trade was a 21.65% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Netskope Stock Down 1.2%

NTSK opened at $23.95 on Tuesday. Netskope Inc. has a 1 year low of $21.71 and a 1 year high of $27.99.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Netskope to a “hold” rating in a report on Monday.

Netskope Company Profile

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.