66,267,513 Shares in Netskope Inc. $NTSK Purchased by ICONIQ Capital LLC

ICONIQ Capital LLC purchased a new position in shares of Netskope Inc. (NASDAQ:NTSK) during the third quarter, Holdings Channel reports. The firm purchased 66,267,513 shares of the company’s stock, valued at approximately $1,506,261,000. Netskope accounts for approximately 18.7% of ICONIQ Capital LLC’s investment portfolio, making the stock its largest holding. ICONIQ Capital LLC owned approximately 0.17% of Netskope at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of NTSK. Assetmark Inc. purchased a new stake in shares of Netskope in the third quarter valued at approximately $83,000. RiverPark Advisors LLC purchased a new position in shares of Netskope during the 3rd quarter valued at approximately $87,000. SBI Securities Co. Ltd. purchased a new position in shares of Netskope during the 3rd quarter valued at approximately $89,000. Ameriflex Group Inc. acquired a new stake in Netskope in the 3rd quarter valued at $127,000. Finally, Virtu Financial LLC acquired a new stake in Netskope in the 3rd quarter valued at $218,000.

Netskope Stock Performance

NASDAQ NTSK opened at $9.74 on Monday. The company has a fifty day moving average price of $13.20. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 5.17. The firm has a market cap of $3.83 billion and a P/E ratio of -97.40. Netskope Inc. has a one year low of $8.81 and a one year high of $27.99.

Netskope (NASDAQ:NTSK) last announced its earnings results on Wednesday, March 11th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.02. The business had revenue of $196.33 million for 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.

Netskope News Roundup

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: Q4 beat and revenue growth — Netskope reported a slight EPS beat and revenue up ~32% year‑over‑year; management set a fiscal‑2027 revenue target of $870M–$876M and emphasized its AI‑native platform as a growth driver. This supports the company’s long‑term TAM story. Earnings Transcript Revenue Target Article
• Neutral Sentiment: New product: Netskope unveiled “Netskope One AI Security” positioning the company as an AI‑security platform — a potential multi‑year revenue tailwind, but market reaction has been mixed as investors parse near‑term financials. Product Launch
• Negative Sentiment: Cautious FY‑2027 guidance and wide EPS range — Management issued guidance with a wide FY EPS range and Q1 EPS that indicate near‑term margin/visibility pressure; the market interpreted that as a downgrade to near‑term profitability expectations, triggering the sharp post‑earnings selloff. Guidance Coverage
• Negative Sentiment: Analyst price‑target cuts — Multiple firms trimmed targets (examples: Deutsche Bank to $16, RBC to $14, BMO to $14, others lowered various PTs) even where ratings were maintained; this consensus of lower targets increases short‑term selling pressure. Deutsche Bank Note
• Negative Sentiment: Lockup expiry and analyst skepticism — Reports note a lockup expiration and some analysts calling Q4 softer than expected, which can add share supply and sentiment headwinds in the near term. Lockup/Analyst Coverage
• Negative Sentiment: Shareholder investigation — A law firm announced an inquiry into potential securities claims involving Netskope executives; this raises legal/dispersion risk and can weigh on sentiment until resolved. Investigation Notice

Wall Street Analyst Weigh In

A number of research firms have weighed in on NTSK. 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 research report on Thursday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Netskope in a research report on Monday, December 29th. BTIG Research cut their target price on shares of Netskope from $22.00 to $17.00 and set a “buy” rating for the company in a research note on Thursday. BMO Capital Markets reduced their price target on shares of Netskope from $26.00 to $14.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Morgan Stanley decreased their price target on shares of Netskope from $27.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $18.89.

Insider Transactions at Netskope

In other news, CRO Raphael Bousquet sold 3,823 shares of the firm’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $16.66, for a total value of $63,691.18. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Matto Andrew H. Del sold 77,207 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $16.92, for a total transaction of $1,306,342.44. Following the transaction, the chief financial officer owned 41,493 shares in the company, valued at $702,061.56. The trade was a 65.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,049,721 shares of company stock valued at $18,020,279.

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.