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Najeeb Ghauri, CEO of Netsol Technologies Inc (NASDAQ:NTWK), reported purchasing 4,950 shares of common stock on June 30, 2025, in a transaction valued at $15,394. The price per share was $3.11. This insider purchase comes as the $36.42 million market cap company demonstrates strong momentum, with shares up 12.2% over the past six months. According to InvestingPro analysis, NTWK maintains robust financial health with a "GOOD" overall score.
Following the transaction, Ghauri directly owns 908,313 shares of Netsol Technologies Inc, with 15,000 of these shares held indirectly by his spouse. While the company trades at a relatively high P/E ratio of 156x, it has achieved 9.2% revenue growth in the last twelve months. InvestingPro subscribers can access 8 additional key insights and a comprehensive Pro Research Report for deeper analysis of NTWK’s valuation and growth prospects.
In other recent news, NetSol Technologies Inc. reported a 13% increase in total net revenues for the third quarter of fiscal year 2025, amounting to $17.5 million. The growth was driven by a 24% rise in services revenue and a 10% increase in subscription revenues. The company also achieved a GAAP net income of $1.4 million, equating to $0.12 per diluted share. In addition, NetSol Technologies announced the appointment of Richard Howard, a former Daimler (OTC:MBGAF) executive, to its Advisory Board to bolster its growth in the North American market. Shareholders of the company approved several proposals at the annual meeting, including the re-election of board members and the adoption of the 2025 Equity Incentive Plan. Furthermore, the ratification of Fortune CPA, Inc. as auditors and an amendment to increase the number of authorized shares were also approved. These developments underscore NetSol’s strategic initiatives and commitment to expanding its market presence.
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