Netskope (NASDAQ:NTSK) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Netskope (NASDAQ:NTSK) to a hold rating in a report issued on Monday.

Netskope Stock Performance

Shares of NTSK opened at $23.95 on Monday. Netskope has a 1 year low of $21.71 and a 1 year high of $27.99.

Insider Activity

In other news, Director William J.G. Griffith purchased 2,000,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The shares were purchased at an average price of $19.00 per share, for a total transaction of $38,000,000.00. Following the purchase, the director directly owned 11,238,175 shares of the company’s stock, valued at $213,525,325. This represents a 21.65% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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.