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Netsol Technologies INC (NASDAQ:NTWK) President Naeem Ghauri reported purchasing 18,279 shares of common stock on July 14, 2025, in a transaction valued at $70,374. The shares were bought at $3.85, near the stock’s 52-week high of $3.93. The purchase comes amid strong momentum, with NTWK shares up 34% over the past six months. According to InvestingPro analysis, the stock appears fairly valued with a "GOOD" financial health score.
Following the transaction, Ghauri directly owns 459,853 shares of Netsol Technologies INC, representing a significant stake in the $44 million market cap company. InvestingPro subscribers can access 12 additional exclusive insights about NTWK’s valuation and growth prospects through the comprehensive Pro Research Report.
In other recent news, NetSol Technologies reported strong financial results for the third quarter of fiscal year 2025, with total net revenues increasing by 13% to $17.5 million. This growth was driven by a 24% rise in services revenue and a 10% increase in subscription revenues. Additionally, NetSol Technologies signed a strategic cooperation agreement with Tianjin Binhai Smart Group Co., Ltd. and the Dongjiang Free Trade Port Zone Government, focusing on financial services for the automotive industry. The company’s annual meeting saw the re-election of board members and the approval of key proposals, including an increase in authorized shares and the adoption of a new equity incentive plan. NetSol Technologies also announced the appointment of Ian Smith, former CEO of BMW (ETR:BMWG) Group Financial Services USA, to its Board of Directors, and Richard Howard, an ex-Daimler executive, to its Advisory Board. These appointments are expected to strengthen the company’s strategic growth and market presence. Lastly, the company launched Transcend AI Labs to develop AI solutions for the asset finance and leasing sectors, signaling a continued focus on innovation.
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