Netskope (NASDAQ:NTSK) Now Covered by Analysts at BTIG Research

BTIG Research assumed coverage on shares of Netskope (NASDAQ:NTSK) in a research report sent to investors on Monday morning, MarketBeat reports. The firm issued a buy rating and a $27.00 target price on the stock.

Several other equities research analysts also recently issued reports on the company. Mizuho began coverage on Netskope in a research report on Monday. They set an “outperform” rating and a $25.00 target price on the stock. Piper Sandler began coverage on Netskope in a research report on Monday. They set an “overweight” rating and a $28.00 target price on the stock. Cowen began coverage on Netskope in a research report on Monday. They set a “buy” rating on the stock. Citigroup initiated coverage on Netskope in a research report on Monday. They set an “outperform” rating on the stock. Finally, Wall Street Zen raised shares of Netskope to a “hold” rating in a report on Monday, September 29th. Sixteen investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $26.94.

Netskope Stock Performance

NASDAQ:NTSK opened at $23.44 on Monday. Netskope has a 1 year low of $21.00 and a 1 year high of $27.99.

Insider Buying and Selling at Netskope

In other news, Director William J.G. Griffith purchased 2,000,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The shares were purchased at an average price of $19.00 per share, with a total value of $38,000,000.00. Following the completion of the acquisition, the director owned 11,238,175 shares in the company, valued at $213,525,325. This trade represents a 21.65% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink.

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.