Iconiq Strategic Partners Viii Holdings LP (10% owner) acquires 306,399 shares in 2 tranches for $3,765,697.64 at NTSK
Iconiq Strategic Partners Viii Holdings, LP, a 10% shareholder, executed two separate purchases totaling 306,399 shares for $3,765,697.64, with a blended average price of $12.29 on July 10 and July 13. This purchase increased the holder's stake by 50.2% from 610,291 shares to 916,690 shares. The acquisition occurred when the stock was trading at $12.26–$12.42, while current price stands at $14.27 and the stock is -49.0% from its 52-week high of $27.99. Notably, Netskope remains unprofitable with net income of $-116,496,000.00 over the most recent full fiscal year, despite annual revenue growth of +31.7%.