NetSol Technologies Inc. (NASDAQ:NTWK) Director Naeem Ghauri purchased 5,000 shares of the firm’s stock in a transaction dated Wednesday, January 9th. The shares were bought at an average price of $6.99 per share, with a total value of $34,950.00. Following the purchase, the director now owns 465,435 shares in the company, valued at $3,253,390.65. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

  • On Wednesday, December 26th, Naeem Ghauri purchased 625 shares of NetSol Technologies stock. The shares were bought at an average price of $5.40 per share, with a total value of $3,375.00.

Shares of NTWK stock opened at $7.25 on Friday. NetSol Technologies Inc. has a 12-month low of $4.25 and a 12-month high of $10.52. The company has a market cap of $85.14 million, a PE ratio of 14.73 and a beta of 0.17.

NetSol Technologies (NASDAQ:NTWK) last issued its quarterly earnings results on Tuesday, November 13th. The software maker reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $16.40 million during the quarter. NetSol Technologies had a net margin of 8.74% and a return on equity of 7.48%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC boosted its holdings in NetSol Technologies by 14.9% in the 3rd quarter. Renaissance Technologies LLC now owns 403,422 shares of the software maker’s stock worth $2,663,000 after buying an additional 52,402 shares during the period. Vanguard Group Inc boosted its holdings in NetSol Technologies by 8.2% in the 3rd quarter. Vanguard Group Inc now owns 277,893 shares of the software maker’s stock worth $1,834,000 after buying an additional 21,106 shares during the period. Vanguard Group Inc. boosted its holdings in NetSol Technologies by 8.2% in the 3rd quarter. Vanguard Group Inc. now owns 277,893 shares of the software maker’s stock worth $1,834,000 after buying an additional 21,106 shares during the period. Russell Investments Group Ltd. boosted its holdings in NetSol Technologies by 26.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 218,563 shares of the software maker’s stock worth $1,442,000 after buying an additional 45,501 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in NetSol Technologies by 10.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 82,846 shares of the software maker’s stock worth $547,000 after buying an additional 7,651 shares during the period. 24.34% of the stock is owned by institutional investors.

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About NetSol Technologies

NetSol Technologies, Inc designs, develops, markets, and exports software products to the automobile financing and leasing, banking, and financial services industries worldwide. It also provides system integration, consulting, and IT products and services. The company offers NetSol Financial Suite (NFS), an end-to-end solution covering leasing and finance cycle for the asset finance industry; and NFS Ascent platform, a lease accounting and contract processing engine.

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