NetSol Technologies Inc. (NASDAQ:NTWK) CEO Najeeb Ghauri acquired 5,000 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was purchased at an average price of $4.42 per share, for a total transaction of $22,100.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Najeeb Ghauri also recently made the following trade(s):

  • On Monday, November 27th, Najeeb Ghauri acquired 4,950 shares of NetSol Technologies stock. The stock was purchased at an average price of $4.22 per share, for a total transaction of $20,889.00.
  • On Monday, November 20th, Najeeb Ghauri acquired 7,000 shares of NetSol Technologies stock. The stock was purchased at an average price of $3.75 per share, for a total transaction of $26,250.00.
  • On Friday, November 17th, Najeeb Ghauri acquired 10,000 shares of NetSol Technologies stock. The stock was purchased at an average price of $3.50 per share, for a total transaction of $35,000.00.

NetSol Technologies Inc. (NASDAQ NTWK) remained flat at $$4.40 during trading hours on Monday. The company’s stock had a trading volume of 23,586 shares, compared to its average volume of 29,507. NetSol Technologies Inc. has a one year low of $3.09 and a one year high of $5.65.

NetSol Technologies (NASDAQ:NTWK) last posted its quarterly earnings results on Wednesday, September 27th. The software maker reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.26). NetSol Technologies had a negative return on equity of 4.82% and a negative net margin of 6.01%. The company had revenue of $14.48 million during the quarter.

Several research firms have recently issued reports on NTWK. ValuEngine upgraded NetSol Technologies from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. TheStreet lowered NetSol Technologies from a “c-” rating to a “d” rating in a research report on Thursday, September 28th.

An institutional investor recently raised its position in NetSol Technologies stock. Municipal Employees Retirement System of Michigan increased its holdings in shares of NetSol Technologies Inc. (NASDAQ:NTWK) by 25.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 76,250 shares of the software maker’s stock after buying an additional 15,380 shares during the quarter. Municipal Employees Retirement System of Michigan owned 0.69% of NetSol Technologies worth $301,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 19.20% of the company’s stock.

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About NetSol Technologies

NetSol Technologies, Inc is a provider of information technology (IT) and enterprise software solutions. The Company is engaged in the licensing, customization, enhancement and maintenance of its suite of financial applications under the brand names, NetSol Financial Suite (NFS) and NFS Ascent, for businesses in the lease and finance industry.

Insider Buying and Selling by Quarter for NetSol Technologies (NASDAQ:NTWK)

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