Vanguard Group Inc. Grows Stock Holdings in Netskope Inc. $NTSK

Vanguard Group Inc. raised its position in Netskope Inc. (NASDAQ:NTSK) by 51.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,332,708 shares of the company’s stock after acquiring an additional 1,812,857 shares during the quarter. Vanguard Group Inc.’s holdings in Netskope were worth $93,536,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC purchased a new position in shares of Netskope in the fourth quarter valued at about $25,000. Quarry LP purchased a new position in shares of Netskope in the third quarter valued at about $41,000. Assetmark Inc. boosted its stake in shares of Netskope by 60.5% during the 4th quarter. Assetmark Inc. now owns 5,879 shares of the company’s stock valued at $103,000 after purchasing an additional 2,216 shares in the last quarter. RiverPark Advisors LLC bought a new stake in shares of Netskope during the 3rd quarter valued at about $87,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Netskope during the 3rd quarter valued at about $89,000.

Netskope Price Performance

Shares of NTSK opened at $10.56 on Thursday. The stock has a market cap of $4.23 billion and a PE ratio of -75.43. The company has a debt-to-equity ratio of 3.71, a quick ratio of 2.12 and a current ratio of 2.13. Netskope Inc. has a fifty-two week low of $7.66 and a fifty-two week high of $27.99. The firm’s 50-day simple moving average is $9.85 and its two-hundred day simple moving average is $14.63.

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 business had revenue of $196.33 million during the quarter. The business’s 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. Analysts anticipate that Netskope Inc. will post -0.19 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Oppenheimer reaffirmed an “outperform” rating and set a $19.00 target price (down from $23.00) on shares of Netskope in a research note on Thursday, March 12th. Piper Sandler cut their target price on shares of Netskope from $28.00 to $21.00 and set an “overweight” rating on the stock in a research note on Thursday, March 12th. KeyCorp cut their target price on shares of Netskope from $15.00 to $13.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 15th. BMO Capital Markets cut their target price on shares of Netskope from $26.00 to $14.00 and set an “outperform” rating on the stock in a research note on Thursday, March 12th. Finally, JPMorgan Chase & Co. cut their target price on shares of Netskope from $23.00 to $19.00 and set an “overweight” rating on the stock in a research note on Thursday, March 12th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $18.26.

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. 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.