L.P. Lightspeed Venture Partners Ix Sells Shares of Netskope, Inc. $NTSK
Key Points
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L.P. Lightspeed Venture Partners Ix, insider at Netskope, Inc. ($NTSK), sold 336,173 shares at an average price of $9, for a total transaction of $3.03 million. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Netskope, Inc. Stock Down 40.7%
Shares of Netskope, Inc. ($NTSK) traded around $8.95 on Wednesday, down 40.7% for the day.
Netskope, Inc. Earnings
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About Netskope, Inc.
Netskope, Inc., a cybersecurity company, provides security, networking, and analytics solutions to largest enterprises to mid-sized companies worldwide. The company develops Netskope One platform, a cloud-native platform for securing and accelerating the digital interactions of enterprises. Its platform offers security products comprising cloud inline security, cloud access security broker, data loss prevention, threat protection, secure web gateway, private access, remote browser isolation, Software-as-a-Service (SaaS) security posture management, data security posture management, and enterprise browser solutions for safeguarding human users, non-human entities, and data from cyber threats through the use of zero trust principles. The company's platform also provides networking products, such as Firewall-as-a-Service, internet of things/operational technology intelligence, software-defined wide-area network, dedicated egress IP, and Cloud Packet Stream solutions that enhance performance, resilience, connectivity, and security; and analytics solutions, including advanced analytics, user and entity behavior analytics, data lineage, and digital experience management that enables enterprises with insights into user activity, data movement, and security events across the web, cloud, SaaS, AI applications, private applications, and other environments. Netskope, Inc. was formerly known as Skope, Inc. and changed its name to Netskope, Inc. in November 2012. Netskope, Inc. was incorporated in 2012 and is based in Santa Clara, California.
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