Stephens Investment Management Group LLC Invests $7.89 Million in Netskope Inc. $NTSK

Stephens Investment Management Group LLC bought a new position in shares of Netskope Inc. (NASDAQ:NTSK) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 449,622 shares of the company’s stock, valued at approximately $7,886,000. Stephens Investment Management Group LLC owned 0.11% of Netskope at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in NTSK. SBI Securities Co. Ltd. grew its position in Netskope by 32.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 5,164 shares of the company’s stock worth $91,000 after buying an additional 1,270 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in Netskope during the fourth quarter worth $25,000. Quarry LP acquired a new stake in Netskope during the third quarter worth $41,000. Assetmark Inc. increased its holdings in Netskope by 60.5% in the 4th quarter. Assetmark Inc. now owns 5,879 shares of the company’s stock valued at $103,000 after buying an additional 2,216 shares during the period. Finally, RiverPark Advisors LLC bought a new stake in Netskope in the 3rd quarter valued at $87,000.

Netskope Stock Performance

NASDAQ:NTSK opened at $11.22 on Monday. The firm has a 50 day moving average of $9.87 and a 200-day moving average of $14.46. Netskope Inc. has a 1 year low of $7.66 and a 1 year high of $27.99. The stock has a market capitalization of $4.49 billion and a P/E ratio of -80.14. The company has a current ratio of 2.13, a quick ratio of 2.12 and a debt-to-equity ratio of 3.71.

Netskope (NASDAQ:NTSK) last issued its quarterly earnings data on Wednesday, March 11th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.02. The business had revenue of $196.33 million during the quarter. The firm’s quarterly revenue was up 32.2% on a year-over-year basis. 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, sell-side analysts anticipate that Netskope Inc. will post -0.19 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Netskope from $22.00 to $16.00 and set a “buy” rating for the company in a report on Thursday, March 12th. Mizuho dropped their price target on shares of Netskope from $20.00 to $16.00 and set an “outperform” rating for the company in a research report on Thursday, March 12th. JPMorgan Chase & Co. cut their price target on shares of Netskope from $23.00 to $19.00 and set an “overweight” rating for the company in a research note on Thursday, March 12th. KeyCorp dropped their target price on Netskope from $15.00 to $13.00 and set an “overweight” rating for the company in a report on Wednesday, April 15th. Finally, BTIG Research cut their target price on Netskope from $22.00 to $17.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Netskope presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.26.

Netskope 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. 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.