Recent Insider Trading: NetSol Technologies Inc. $NTWK

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NetSol Technologies Inc. (NTWK) insider have most recently took part in a trading activity. On Dec 5, 2017 Beckert Eugen, Director bought 1,000 shares having total worth of $4,430 at the price of $4.43 per share, following the transaction a total of 61,850 shares owned by Beckert Eugen. Before this latest buy, Beckert Eugen purchased NTWK at 2 other times during the past twelve months, for a total investment of $1,988 at an average of $4.48 per share.

The stock has experienced a total of 7 insider trades in the past three months. These trades include 7 buy trades. Furthermore, over the past 12 months , the stock was traded 13 times by insiders. an employee of the company was the buyer in 13 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 7 0 3.49%
12 Month 13 0 -17.9%

NetSol Technologies Inc. (NTWK) last announced its earnings results on Nov 9, 2017. The company reported -0.03 earnings per share (EPS) for the quarter. The company had revenue of $13 million for the quarter, compared to the consensus estimate of $14 million. During the same quarter in the previous year, the company posted -0.17 earnings per share. The company’s revenue for the quarter was down 15% on a year-over-year basis.

2017-11-09 2017-09-27 2017-05-22 2017-02-14 2016-11-14 2016-09-15 2016-05-10 2016-02-11 2015-11-12 2015-09-15
earnings per share -0.03 -0.28 0.06 -0.09 -0.17 0.19 0.30 0.08 -0.04 -0.07
Revenue(M) 12.82 14.5 17.95 17.64 15 19.08 15.97 16.19 13.31 15.4

NetSol Technologies, Inc. is a Nevada Corporation founded in 1996. The Company designs, develops, markets, and exports proprietary software products to customers in the automobile finance and leasing, banking, healthcare, and financial services industries worldwide. The Company also provides system integration, consulting, IT products and services in exchange for fees from customers. NetSol uses its BestShoring’TM’ practices and experienced resources in analysis, development, quality assurance, and implementation to deliver quality, cost-effective solutions. Organized into practices, these product and services offerings include portfolio management systems for the financial services industry, consulting, custom development, systems integration, and technical services for the global Healthcare, Insurance, Real Estate, and Technology markets. The Company’s offerings include flagship global solution, LeaseSoft. LeaseSoft, a robust suite of four software applications, is an end-to-end solution for the lease and finance industry covering the complete leasing and finance cycle starting from quotation origination through end of contract. Beyond LeaseSoft, NetSol’s product offerings include LeasePak. LeasePak provides the leasing technology industry with the development of Web-enabled and Web-based tools to deliver customer service, reduce operating costs, streamline the lease management lifecycle, and support collaboration with origination channel and asset partners. The Company’s product offerings and services also include: inBanking, which provides full process automation and decision support in the front, middle and back offices of treasury and capital markets operations; LeaseSoft Portals and Modules through European operations; LeasePak 6.0b of LeasePak product suite; enterprise information systems, such as or LRMIS, MTMIS and Hospital Management Systems; Accounting Outsourcing Services and NetSol Technology Institute and Company’s career and technology program in Pakistan. NetSol service offerings include IT Consulting & Services, Global Business Services, NetSol Defense Division, Business Intelligence, Information Security, Outsourcing Services and Software Process Improvement Consulting, maintenance and support of existing systems and project management. The Company’s Outsourcing Services have included two major initiatives: the joint venture with Innovation Group PLC known as NetSol Innovation Pvt. Ltd, or Extended Innovation, and accounting outsourcing services. NetSol’s clients include Fortune 500 manufacturers, global automakers, financial institutions, technology providers and governmental agencies. The Company has identified three global regions or segments for its products and services; North America, Europe, and Asia-Pacific. NetSol logo and name, as well as the LeaseSoft logo and product name have been copyrighted and trademark registered in Pakistan. Some of the customers of NetSol include: Mercedes Benz Financial Serv

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.