Insider Sale: Director at $NET Sells 749 SharesQuiver InsiderRadarQuiver News

Carl Ledbetter, a director at $NET, sold 749 shares of the company on 06-11-2025 for an estimated $135,911. We received data on the trade from a recent SEC filing. This was a sale of approximately 0.1% of their shares of this class of stock. Following this trade, they now own 1,083,615 shares of this class of $NET stock.$NET Insider Trading Activity$NET insiders have traded $NET stock on the open market 273 times in the past 6 months. Of those tr 

Carl Ledbetter, a director at $NET, sold 749 shares of the company on 06-11-2025 for an estimated $135,911. We received data on the trade from a recent SEC filing. This was a sale of approximately 0.1% of their shares of this class of stock. Following this trade, they now own 1,083,615 shares of this class of $NET stock.

$NET Insider Trading Activity

$NET insiders have traded $NET stock on the open market 273 times in the past 6 months. Of those trades, 0 have been purchases and 273 have been sales.

Here’s a breakdown of recent trading of $NET stock by insiders over the last 6 months:

• MATTHEW PRINCE (CEO & Board Co-Chair) has made 0 purchases and 109 sales selling 942,912 shares for an estimated $116,418,970.
• MICHELLE ZATLYN (President and Board Co-Chair) has made 0 purchases and 101 sales selling 480,441 shares for an estimated $68,163,616.
• THOMAS J SEIFERT (Chief Financial Officer) has made 0 purchases and 36 sales selling 200,191 shares for an estimated $26,787,722.
• DOUGLAS JAMES KRAMER (Chief Legal Officer) has made 0 purchases and 12 sales selling 26,481 shares for an estimated $3,224,726.
• KATRIN SUDER has made 0 purchases and 5 sales selling 10,549 shares for an estimated $1,554,171.
• JANEL RILEY (Chief Accounting Officer) has made 0 purchases and 8 sales selling 7,815 shares for an estimated $1,265,148.
• CARL LEDBETTER has made 0 purchases and 2 sales selling 1,241 shares for an estimated $225,192.

To track insider transactions, check out Quiver Quantitative’s insider trading dashboard.

$NET Hedge Fund Activity

We have seen 513 institutional investors add shares of $NET stock to their portfolio, and 350 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• BAILLIE GIFFORD & CO removed 4,458,339 shares (-14.0%) from their portfolio in Q1 2025, for an estimated $502,410,221
• JPMORGAN CHASE & CO added 2,278,287 shares (+1367.4%) to their portfolio in Q1 2025, for an estimated $256,740,162
• FMR LLC added 1,663,161 shares (+13.5%) to their portfolio in Q1 2025, for an estimated $187,421,613
• MORGAN STANLEY removed 1,629,838 shares (-7.0%) from their portfolio in Q1 2025, for an estimated $183,666,444
• SANDS CAPITAL MANAGEMENT, LLC removed 1,338,608 shares (-17.2%) from their portfolio in Q1 2025, for an estimated $150,847,735
• QUBE RESEARCH & TECHNOLOGIES LTD added 1,270,548 shares (+inf%) to their portfolio in Q1 2025, for an estimated $143,178,054
• GOLDMAN SACHS GROUP INC added 1,149,302 shares (+151.6%) to their portfolio in Q1 2025, for an estimated $129,514,842

To track hedge funds’ stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard.

$NET Congressional Stock Trading

Members of Congress have traded $NET stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $NET stock by members of Congress over the last 6 months:

• REPRESENTATIVE ROBERT BRESNAHAN has traded it 3 times. They made 1 purchase worth up to $15,000 on 02/10 and 2 sales worth up to $30,000 on 04/08, 04/04.

To track congressional stock trading, check out Quiver Quantitative’s congressional trading dashboard.

$NET Analyst Ratings

Wall Street analysts have issued reports on $NET in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Needham issued a “Buy” rating on 05/09/2025
• Wells Fargo issued a “Overweight” rating on 01/07/2025
• RBC Capital issued a “Outperform” rating on 01/03/2025
• Goldman Sachs issued a “Buy” rating on 01/02/2025

To track analyst ratings and price targets for $NET, check out Quiver Quantitative’s $NET forecast page.

$NET Price Targets

Multiple analysts have issued price targets for $NET recently. We have seen 2 analysts offer price targets for $NET in the last 6 months, with a median target of $137.5.

Here are some recent targets:

• Andrew Nowinski from Wells Fargo set a target price of $135.0 on 01/07/2025
• Gabriela Borges from Goldman Sachs set a target price of $140.0 on 01/02/2025

This article is not financial advice. See Quiver Quantitative’s disclaimers for more information.