SCHEDULE: FMR LLC Discloses 5.1% Stake in Netskope Class A Stock
Beneficial Ownership Disclosure
FMR LLC and Abigail P. Johnson have disclosed a 5.1% beneficial ownership stake in Netskope Inc.'s Class A Common Stock.
Summary
- FMR LLC and Abigail P. Johnson, through various affiliated entities, beneficially own 2,432,390 shares of Netskope Inc.'s Class A Common Stock.
- This ownership represents 5.1% of the total outstanding Class A Common Stock.
- The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Netskope Inc.
- FMR LLC holds sole voting and dispositive power over all 2,432,390 shares.
- Abigail P. Johnson holds sole dispositive power over 2,432,390 shares, but no sole voting power.
- Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC, and a predominant owner of FMR LLC through the Johnson family's Series B voting common shares.
Sentiment
Score: 7
Explanation: The disclosure of a 5.1% beneficial ownership by a prominent institutional investor like FMR LLC is generally viewed as a positive signal, indicating confidence and interest in the company, even if the investment is passive.
Positives
- A significant institutional investor, FMR LLC, has taken a 5.1% stake, indicating institutional interest and potential confidence in Netskope Inc.
Risks
- The filing does not indicate any intention to influence or change the control of Netskope Inc., suggesting a passive investment approach by FMR LLC.
Management Comments
- FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of Netskope Inc.
Industry Context
This filing indicates a significant institutional investment in Netskope Inc., a company operating in the cybersecurity or cloud security sector, by a major asset management firm. Such investments can signal confidence in the company's market position or future growth prospects within its industry.
Stakeholder Impact
- Shareholders may view this as a positive indicator of institutional confidence in Netskope Inc.'s long-term prospects.
- The company's management might see this as validation of their strategy and market position.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Effective date of Power of Attorney for FMR LLC. |
| 01/10/2023 | Date of Schedule 13G filing by FMR LLC where Power of Attorney (accession number: -23-000003) was incorporated by reference. |
| 01/26/2023 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 01/31/2023 | Date of Schedule 13G filing by FMR LLC where Power of Attorney for Abigail P. Johnson (accession number: -23-000038) was incorporated by reference. |
| 09/30/2025 | Date of event which requires filing of this statement. |
| 11/04/2025 | Signature date for the current Schedule 13G filing. |
Keywords
Netskope Inc., FMR LLC, Abigail P. Johnson, Class A Common Stock, Beneficial Ownership, Schedule 13G, Institutional Investment, Equity Stake, SEC Filing
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