Lightspeed Venture Partners Sells Shares of NTSK
Lightspeed Venture Partners sold 336,173 shares of NTSK for about $3.03 million.
Key Points
- Lightspeed Venture Partners sold 336,173 shares of NTSK at $9.00 each for a total of $3.03 million on June 15, 2026.
- Shares of NTSK traded near $8.81 with notable activity from ICONIQ CAPITAL and BLACKROCK.
- Analysts from firms like Mizuho and Oppenheimer maintained 'buy' ratings with targets up to $19.00.
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L.P. Lightspeed Venture Partners Ix recently sold 336,173 shares of NTSK at an average price of $9.00 per share. This transaction, which took place on June 15, 2026, was valued at approximately $3.03 million.
What Changed in Lightspeed Venture Partners' NTSK Position
Lightspeed Venture Partners reduced its holdings in NTSK by selling 336,173 shares. The sale was not part of a pre-planned trading program, indicating a direct decision to reduce their stake.
Other Institutional Activity in NTSK
Among other institutional investors, ICONIQ CAPITAL, LLC maintained its position with 66,267,513 shares valued at about $562.6 million. SCGE MANAGEMENT, L.P. added 10,950,921 shares, bringing its total to the same number and valued at $92.97 million. SAPPHIRE VENTURES, L.L.C. acquired 5,672,579 shares, now holding those shares worth $48.16 million. BAMCO INC /NY/ increased its stake by 842,335 shares, totaling 3,824,078 shares valued at $32.47 million. BLACKROCK, INC. notably increased its holdings by 1,566,156 shares, now holding 3,403,649 shares worth $28.90 million.
Netskope, Inc. Stock Down 41.6%
Shares of NTSK traded near $8.81. The stock has been subject to significant institutional interest, with a variety of funds adjusting their positions recently.
$NTSK stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Netskope, Inc.
On June 15, 2026, multiple entities linked to Lightspeed Venture Partners, including Janmohamed Arif, sold 336,173 shares each at $9.00. Earlier, on June 12, 2026, Lightspeed Venture Partners Ix, L.P. bought 1,650,000 shares but also sold 1,313,827 shares at $9.19.
Analysts Set New Price Targets
On June 4, 2026, several analysts maintained their 'buy' ratings for NTSK. Mizuho set a price target of $13.00, while Oppenheimer and Baird both aimed higher with targets of $16.00. TD Cowen was the most optimistic with a target of $19.00. The consensus among analysts remains positive, with a strong buy recommendation and an average target price reflecting confidence in the stock's potential.
Bottom Line
Lightspeed Venture Partners' recent sale of NTSK shares highlights ongoing shifts in institutional holdings. Investors often track such transactions to gauge market sentiment. While these filings are backward-looking, they provide insight into the strategic decisions of major stakeholders.
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