The selling is modest relative to market cap and typical of venture fund distributions. No material signal from these sales alone. Monitor for any unexpected insider buying or guidance changes in upcoming earnings.
Price Chart
Executive Summary
Two Lightspeed Venture Partners funds (10% owners) sold 21,242 shares of Netskope for $249K in open-market sales on July 8, 2026. The same funds also sold ~$5.36M more on July 9, bringing the week's total to ~$5.6M (0.12% of market cap). Sales by venture investors are typically liquidity-driven, not informational, and the amounts are modest relative to the $4.8B market cap.
Key Financial Metrics
Key Facts
- Lightspeed Venture Partners IX and Select each sold 10,621 shares at $11.70 on July 8, 2026, totaling $248,531.
- The same funds sold additional 438,150 shares on July 9, 2026, for $5.36M, bringing the total cluster to $5.6M (0.12% of market cap).
- All sales were by 10% owners (venture capital funds), not C-suite executives.
- Non-cash derivative conversions (7,889,364 shares) and 'other' transactions (7,676,855 shares) were also executed, carrying no economic value.
Financial Impact
Open-market sales of $249K (July 8) plus $5.36M (July 9) = $5.6M total, representing 0.12% of the $4.8B market cap.
Risk Factors
- Further insider selling could add overhang, but current levels are routine.
- No fundamental deterioration signaled by these trades.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NTSK-1783642381725 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 6w ago | Insider Cluster | $17.47 $21.15 | ▲ +21.06% | ▲ +18.34% | $25.21 (+44.30%) |
Sep 14, 2026 6w ago | Insider Cluster | $17.47 $21.15 | ▲ +21.06% | ▲ +18.09% | $25.21 (+44.30%) |
Sep 2, 2026 7w ago | 8-K | $14.34 $17.75 | ▲ +23.78% | ▲ +24.97% | $25.21 (+75.80%) |
Sep 2, 2026 7w ago | Press Release | $14.34 $17.75 | ▲ +23.78% | ▲ +24.97% | $25.21 (+75.80%) |
Aug 9, 2026 11w ago | Institutional Cluster | $15.67 $14.35 | ▼ −8.42% | ▼ −7.51% | $25.21 (+60.88%) |
Aug 5, 2026 11w ago | Press Release | $14.08 $13.75 | ▼ −2.34% | ▼ −1.74% | $25.21 (+79.05%) |
Jul 14, 2026 14w ago | Insider Cluster | $13.25 $14.99 | ▲ +13.13% | ▲ +10.79% | $25.21 (+90.26%) |
Jul 9, 2026 15w ago | Insider Cluster | $12.32 $14.87 | ▲ +20.70% | ▲ +18.27% | $25.21 (+104.63%) |
Jul 9, 2026 15w ago | Insider Cluster | $12.32 $14.87 | ▲ +20.70% | ▲ +18.27% | $25.21 (+104.63%) |
Jul 9, 2026 15w ago | Insider Cluster | $12.32 $14.87 | ▲ +20.70% | ▲ +18.27% | $25.21 (+104.63%) |
US Market Status
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