The mixed cluster with net buying from Griffith and ICONIQ versus selling from Lightspeed suggests divergent views among large holders. Given the modest scale relative to market cap, this is not a strong directional signal on its own.
Price Chart
Executive Summary
Netskope insider cluster shows net buying of $12.6M (0.24% of market cap) over a 7-day window, driven by Director/10% owner Griffith ($7.2M) and ICONIQ ($11.0M), partially offset by Lightspeed selling $5.6M. The divergence among major holders creates a mixed signal, though the buying direction dominates by dollar value.
Key Financial Metrics
Key Facts
- Director/10% owner Griffith purchased 610,291 shares at $11.82 for $7.22M on 2026-07-08
- ICONIQ Strategic Partners purchased a total of ~916,690 shares at $11.67-$12.42 for ~$10.98M across three days
- Lightspeed Venture Partners (IX and Select) sold a total of 459,392 shares at $11.70-$12.23 for ~$5.61M
- Non-cash transactions include director grants (16,778 shares each to four directors) and derivative conversions by Lightspeed
- Total open-market purchases: ~$18.2M; total open-market sales: ~$5.6M; net buying: ~$12.6M (0.24% of $5.2B market cap)
Financial Impact
Net insider buying of $12.6M (0.24% of market cap) is modest but notable given the cluster of buys from two major holders
Risk Factors
- Lightspeed selling could indicate a lack of conviction or portfolio rebalancing
- Insider buying may be pre-arranged or part of a 10b5-1 plan (not indicated but possible)
- Net buying is only 0.24% of market cap, limiting materiality
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-1784063488212 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 6w ago | Insider Cluster | $17.47 $21.15 | ▲ +21.06% | ▲ +18.34% | $26.31 (+50.60%) |
Sep 14, 2026 6w ago | Insider Cluster | $17.47 $21.15 | ▲ +21.06% | ▲ +18.09% | $26.31 (+50.60%) |
Sep 2, 2026 7w ago | 8-K | $14.34 $17.75 | ▲ +23.78% | ▲ +24.97% | $26.31 (+83.47%) |
Sep 2, 2026 7w ago | Press Release | $14.34 $17.75 | ▲ +23.78% | ▲ +24.97% | $26.31 (+83.47%) |
Aug 9, 2026 11w ago | Institutional Cluster | $15.67 $14.35 | ▼ −8.42% | ▼ −7.51% | $26.31 (+67.90%) |
Aug 5, 2026 11w ago | Press Release | $14.08 $13.75 | ▼ −2.34% | ▼ −1.74% | $26.31 (+86.86%) |
Jul 14, 2026 14w ago | Insider Cluster | $13.25 $14.99 | ▲ +13.13% | ▲ +10.79% | $26.31 (+98.57%) |
Jul 9, 2026 15w ago | Insider Cluster | $12.32 $14.87 | ▲ +20.70% | ▲ +18.27% | $26.31 (+113.56%) |
Jul 9, 2026 15w ago | Insider Cluster | $12.32 $14.87 | ▲ +20.70% | ▲ +18.27% | $26.31 (+113.56%) |
Jul 9, 2026 15w ago | Insider Cluster | $12.32 $14.87 | ▲ +20.70% | ▲ +18.27% | $26.31 (+113.56%) |
US Market Status
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