UBS Group AG Acquires 397,830 Shares of Netskope Inc. $NTSK

UBS Group AG lifted its position in shares of Netskope Inc. (NASDAQ:NTSK) by 3,471.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 409,289 shares of the company’s stock after buying an additional 397,830 shares during the quarter. UBS Group AG owned approximately 0.10% of Netskope worth $7,179,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new position in Netskope during the 4th quarter valued at about $25,000. Quarry LP bought a new position in Netskope in the 3rd quarter worth about $41,000. Assetmark Inc. bought a new position in Netskope in the 3rd quarter worth about $83,000. RiverPark Advisors LLC bought a new position in Netskope in the 3rd quarter worth about $87,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Netskope in the 3rd quarter worth approximately $89,000.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Piper Sandler decreased their target price on shares of Netskope from $28.00 to $21.00 and set an “overweight” rating for the company in a research report on Thursday, March 12th. Robert W. Baird decreased their target price on shares of Netskope from $27.00 to $20.00 and set an “outperform” rating for the company in a research report on Thursday, March 12th. William Blair set a $21.00 price target on shares of Netskope in a report on Thursday, March 12th. Rosenblatt Securities initiated coverage on shares of Netskope in a report on Tuesday, April 14th. They issued a “buy” rating and a $15.00 price target for the company. Finally, FBN Securities initiated coverage on shares of Netskope in a research report on Wednesday, February 25th. They set an “outperform” rating and a $15.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $18.37.

Netskope Price Performance

Shares of NTSK opened at $11.37 on Tuesday. The company has a current ratio of 2.13, a quick ratio of 2.12 and a debt-to-equity ratio of 3.71. The firm’s fifty day simple moving average is $9.87 and its 200-day simple moving average is $14.38. The firm has a market capitalization of $4.55 billion and a price-to-earnings ratio of -81.21. Netskope Inc. has a twelve month low of $7.66 and a twelve month high of $27.99.

Netskope (NASDAQ:NTSK) last released 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 company had revenue of $196.33 million during the quarter. Netskope’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. Equities analysts forecast that Netskope Inc. will post -0.19 EPS for the current fiscal year.

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.