NetSol Technologies (NASDAQ:NTWK) CEO Buys $19,500.00 in Stock

NetSol Technologies Inc. (NASDAQ:NTWK) CEO Najeeb Ghauri purchased 6,000 shares of the stock in a transaction dated Wednesday, February 18th. The shares were purchased at an average price of $3.25 per share, with a total value of $19,500.00. Following the transaction, the chief executive officer directly owned 937,002 shares of the company’s stock, valued at approximately $3,045,256.50. The trade was a 0.64% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

NetSol Technologies Stock Performance

NASDAQ:NTWK traded up $0.03 during mid-day trading on Wednesday, hitting $3.31. The stock had a trading volume of 24,864 shares, compared to its average volume of 42,316. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 0.01. The company has a 50 day simple moving average of $3.14 and a 200-day simple moving average of $3.74. The stock has a market capitalization of $39.07 million, a price-to-earnings ratio of 20.67 and a beta of 0.87. NetSol Technologies Inc. has a 52 week low of $2.14 and a 52 week high of $5.75.

Analyst Ratings Changes

NTWK has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NetSol Technologies in a research note on Monday, December 29th. Wall Street Zen lowered NetSol Technologies from a “strong-buy” rating to a “hold” rating in a report on Saturday, November 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, NetSol Technologies has an average rating of “Sell”.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of NTWK. Hillsdale Investment Management Inc. bought a new stake in shares of NetSol Technologies during the 3rd quarter worth $37,000. Global Retirement Partners LLC purchased a new stake in shares of NetSol Technologies during the third quarter valued at $41,000. Thompson Davis & CO. Inc. acquired a new position in shares of NetSol Technologies in the 3rd quarter valued at $54,000. IFP Advisors Inc increased its stake in NetSol Technologies by 33,588.0% in the 3rd quarter. IFP Advisors Inc now owns 16,844 shares of the software maker’s stock worth $80,000 after purchasing an additional 16,794 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in NetSol Technologies during the 4th quarter worth about $82,000. Institutional investors own 16.02% of the company’s stock.

NetSol Technologies Company Profile

NetSol Technologies, Inc is a publicly traded enterprise software provider specializing in asset finance and leasing solutions. Headquartered in Calabasas, California, the company was founded in 1997 by Najeeb Ghauri, who continues to serve as its chief executive officer. NetSol has built a reputation for delivering end-to-end digital solutions tailored to the finance, leasing, and rental industries, enabling clients to streamline operations, improve customer engagement, and accelerate business growth.

The company’s flagship offering, NFS Ascent, is a configurable, modular platform that supports the entire contract lifecycle—from origination and credit approval through servicing and end-of-term processing.