Netskope (NTSK) Insider Select Sells $3M of Stock
Lightspeed Venture Partners offloaded NTSK shares as analysts maintained 'buy' ratings.
Reviewed by automated data checks against the source filing. How we make and check alerts
L.P. Lightspeed Venture Partners Select sold 336,173 shares of Netskope, Inc. ($NTSK) at an average price of $9, worth about $3.03 million, on June 15, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $NTSK is up 1.6% after 1 week, up 50.4% after 1 month and up 115.7% to date (from the $8.81 close on Jun 15, 2026).
Key Points
- L.P. Lightspeed Venture Partners sold 336,173 shares of NTSK on June 15, 2026, at $9.00 each, totaling $3.03 million.
- NTSK shares traded at $8.81 with analysts maintaining 'buy' ratings and targets up to $19.00.
- Other investors like ICONIQ CAPITAL and BLACKROCK, INC. held large stakes in NTSK, with the latter increasing its position by 1,566,156 shares.
Get $NTSK trade alerts by text
We text you when insiders, Congress or big funds trade $NTSK. Free.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Netskope, Inc. alert may contain errors. Disclosures
On June 15, 2026, L.P. Lightspeed Venture Partners sold 336,173 shares of NTSK at $9.00 per share, totaling about $3.03 million. This transaction comes as the company's stock is trading around $8.81.
What Changed in L.P. Lightspeed Venture Partners' NTSK Position
L.P. Lightspeed Venture Partners reduced its holdings in NTSK by 336,173 shares. This sale was not part of a pre-planned trading program, suggesting a discretionary decision by the fund.
Other Institutional Activity in NTSK
Other institutional investors have shown varied activity in NTSK. ICONIQ CAPITAL, LLC held steady with 66,267,513 shares worth approximately $562.6 million. SCGE MANAGEMENT, L.P. added 10,950,921 shares, bringing its total to 10,950,921 shares valued at about $92.97 million. SAPPHIRE VENTURES, L.L.C. also increased its position by 5,672,579 shares, now holding 5,672,579 shares worth $48.16 million. Meanwhile, BLACKROCK, INC. boosted its stake by 1,566,156 shares to hold 3,403,649 shares valued at around $28.90 million.
Netskope, Inc. Stock Down 49.6%
NTSK shares are trading around $8.81. The company is currently under significant interest from analysts, with a series of 'buy' ratings and price targets ranging from $13.00 to $19.00.
Insider Buying and Selling at Netskope, Inc.
Several insiders, including Janmohamed Arif and entities associated with Lightspeed Venture Partners, have been active recently. On June 15, 2026, Janmohamed Arif sold 336,173 shares at $9.00 each. Prior to this, on June 12, 2026, Lightspeed Venture Partners IX, L.P. bought 1,650,000 shares and sold 1,313,827 shares on the same day at $9.19.
Analysts Set New Price Targets
On June 4, 2026, several firms, including Mizuho, Oppenheimer, and Morgan Stanley, maintained their 'buy' ratings for NTSK. Price targets ranged from $13.00 by Mizuho to $19.00 by TD Cowen. The consensus among analysts remains positive, with a strong 'buy' recommendation and a mean price target reflecting optimism in the stock's potential.
About NTSK
NTSK operates within a dynamic sector, though specific details about its operations, leadership, and headquarters location are not provided here. The company is closely watched by investors, particularly given its recent market activities and analyst interest.
Bottom Line
L.P. Lightspeed Venture Partners' recent sale of NTSK shares occurs amid a backdrop of strong 'buy' ratings from multiple analysts. While the sale reflects a change in Lightspeed's position, other institutional investors are maintaining or increasing their stakes. This insider activity and analyst confidence suggest that NTSK remains an interesting company to watch, though past filings do not necessarily reflect current positions.
Source: L.P. Lightspeed Venture Partners Select's Form 4 filing on $NTSK (Jun 15, 2026). Find the original filing: NTSK Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts