NetSol Technologies (NASDAQ:NTWK) CEO Buys $20,100.00 in Stock

NetSol Technologies Inc. (NASDAQ:NTWK) CEO Najeeb Ghauri purchased 5,000 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were bought at an average cost of $4.02 per share, with a total value of $20,100.00. Following the transaction, the chief executive officer directly owned 983,999 shares of the company’s stock, valued at $3,955,675.98. This represents a 0.51% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

NetSol Technologies Stock Performance

NetSol Technologies stock opened at $4.23 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.94 and a current ratio of 1.94. The stock has a fifty day moving average of $3.65 and a two-hundred day moving average of $3.37. The company has a market capitalization of $50.25 million, a price-to-earnings ratio of 28.20 and a beta of 0.81. NetSol Technologies Inc. has a fifty-two week low of $2.67 and a fifty-two week high of $5.75.

NetSol Technologies (NASDAQ:NTWK) last posted its quarterly earnings data on Thursday, May 14th. The software maker reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.03. NetSol Technologies had a return on equity of 4.24% and a net margin of 2.49%.The business had revenue of $19.83 million for the quarter, compared to analysts’ expectations of $15.10 million.

Institutional Investors Weigh In On NetSol Technologies

Hedge funds have recently made changes to their positions in the business. Hillsdale Investment Management Inc. acquired a new stake in shares of NetSol Technologies during the third quarter worth $37,000. Thompson Davis & CO. Inc. acquired a new position in NetSol Technologies in the third quarter valued at $54,000. IFP Advisors Inc boosted its holdings in NetSol Technologies by 33,588.0% in the third quarter. IFP Advisors Inc now owns 16,844 shares of the software maker’s stock valued at $80,000 after acquiring an additional 16,794 shares during the last quarter. XTX Topco Ltd acquired a new position in NetSol Technologies in the fourth quarter valued at $58,000. Finally, Jane Street Group LLC acquired a new position in NetSol Technologies in the fourth quarter valued at $82,000. Institutional investors and hedge funds own 16.02% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of NetSol Technologies in a report on Tuesday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

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.