Swedbank AB Takes Position in Netskope Inc. $NTSK

Swedbank AB bought a new stake in shares of Netskope Inc. (NASDAQ:NTSK) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 102,693 shares of the company’s stock, valued at approximately $1,801,000.

Several other large investors have also recently made changes to their positions in the business. SBI Securities Co. Ltd. lifted its holdings in shares of Netskope by 32.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 5,164 shares of the company’s stock valued at $91,000 after purchasing an additional 1,270 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Netskope during the fourth quarter valued at approximately $25,000. Quarry LP purchased a new position in shares of Netskope during the third quarter valued at approximately $41,000. Assetmark Inc. lifted its holdings in shares of Netskope by 60.5% during the fourth quarter. Assetmark Inc. now owns 5,879 shares of the company’s stock valued at $103,000 after purchasing an additional 2,216 shares during the last quarter. Finally, Leonteq Securities AG purchased a new position in shares of Netskope during the fourth quarter valued at approximately $64,000.

Netskope Price Performance

Shares of NASDAQ NTSK opened at $11.13 on Thursday. Netskope Inc. has a twelve month low of $7.66 and a twelve month high of $27.99. The firm has a market cap of $4.46 billion and a P/E ratio of -79.50. The company has a 50 day moving average of $9.96 and a 200 day moving average of $13.82. The company has a quick ratio of 2.12, a current ratio of 2.13 and a debt-to-equity ratio of 3.71.

Netskope (NASDAQ:NTSK) last announced its quarterly earnings data on Wednesday, March 11th. The company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.02. The firm had revenue of $196.33 million during the quarter. The firm’s revenue for the quarter was up 32.2% compared to the same quarter last year. Netskope has set its Q1 2027 guidance at -0.070–0.060 EPS and its FY 2027 guidance at -0.190–0.190 EPS. As a group, research analysts expect that Netskope Inc. will post -0.19 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Robert W. Baird lowered their target price on shares of Netskope from $27.00 to $20.00 and set an “outperform” rating for the company in a report on Thursday, March 12th. Rosenblatt Securities started coverage on shares of Netskope in a report on Tuesday, April 14th. They issued a “buy” rating and a $15.00 price objective for the company. TD Cowen decreased their price objective on shares of Netskope from $30.00 to $25.00 and set a “buy” rating for the company in a report on Tuesday, February 24th. Morgan Stanley decreased their price objective on shares of Netskope from $27.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday, March 12th. Finally, William Blair set a $21.00 price objective on shares of Netskope in a report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $18.42.

About Netskope

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.