NTWK
NetSol Technologies, Inc.
NasdaqCMUSDEQUITY
Technology
DELAYED
Last price
4.03
▼ 0.04 (0.98%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
4.14
Prev close
4.07
Day high
4.15
Day low
4.03
Volume
7.10K
Market cap
$48.22M
P/E (TTM)
27.07
52W range
2.73 – 5.75
Day trading desk
Gap from prior close
+2.73%
Prior close 4.03
VWAP
4.11
-1.86% from price
Relative volume
0.24×
Quiet session
Session range
2.84%
4.03 – 4.14
Position in range
0%
Near session low
ATR (14D)
0.14
3.44% of price
Prior day high
4.16
PDH
Prior day low
4.03
PDL
Bid / ask spread
—
Quote not published
Session volume
5.87K
Avg 24.47K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-0.25%
+1.1%
1M
-6.88%
-10.6%
3M
-1.22%
-4.3%
6M
+21.92%
+10.9%
YTD
+33.99%
+21.7%
1Y
-1.93%
-21.9%
3Y
+71.31%
-2.9%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on NTWK open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+45.67K
Net buying
Buy transactions
10
65.41K shares
Sell transactions
1
19.74K shares
Net transactions
+11
Buys less sells
Sell : buy shares
0.3 : 1
Mixed
Insider-held shares
2.44M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 7, 26 | KAZMI SYED KAUSAR Director |
STOCK | 2.60K | $0 | Direct |
| Jul 7, 26 | SMITH IAN CHARLES Director |
STOCK | 2.60K | $0 | Direct |
| Jul 1, 26 | CATON MARK Director |
STOCK | 2.60K | $0 | Direct |
| Jun 29, 26 | ALMOND ROGER K. Chief Financial Officer |
SELL | 19.74K | $90.98K | Direct |
| May 20, 26 | GHAURI NAJEEB ULLAH Chief Executive Officer |
BUY | 5.00K | $20.12K | Direct |
| May 20, 26 | GHAURI NAJEEB ULLAH Chief Executive Officer |
STOCK | 13.53K | $0 | Direct |
| Apr 15, 26 | GHAURI NAJEEB ULLAH Chief Executive Officer |
STOCK | 13.53K | $0 | Direct |
| Apr 6, 26 | CATON MARK Director |
STOCK | 3.54K | $0 | Direct |
| Apr 6, 26 | KAZMI SYED KAUSAR Director |
STOCK | 3.54K | $0 | Direct |
| Apr 6, 26 | SMITH IAN CHARLES Director |
STOCK | 3.54K | $0 | Direct |
| Feb 19, 26 | GHAURI NAJEEB ULLAH Chief Executive Officer |
STOCK | 14.94K | $0 | Direct |
| Feb 18, 26 | GHAURI NAJEEB ULLAH Chief Executive Officer |
BUY | 6.00K | $19.50K | Direct |
| Jan 2, 26 | CATON MARK Director |
STOCK | 3.96K | $0 | Direct |
| Jan 2, 26 | KAZMI SYED KAUSAR Director |
STOCK | 3.96K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ALMOND ROGER K. |
Chief Financial Officer | 1.00K | Sale |
CATON MARK |
Director | 176.44K | Stock Award(Grant) |
FRANCIS MICHAEL RICHARD |
Director | 24.66K | Stock Award(Grant) |
GHAURI NAEEM ULLAH |
President | 459.85K | Purchase |
GHAURI NAJEEB ULLAH |
Chief Executive Officer | 984.00K | Purchase |
KAZMI SYED KAUSAR |
Director | 86.30K | Stock Award(Grant) |
SMITH IAN CHARLES |
Director | 12.63K | Stock Award(Grant) |
Fundamentals
Market cap$48.22M
Enterprise value$49.90M
Revenue (TTM)$72.06M
Gross profit$36.32M
EBITDA$6.96M
Net income$1.77M
EPS (TTM)$0.15
Free cash flow$-3.59M
Total cash$14.74M
Total debt$9.33M
Book value / share$3.14
Shares outstanding11.88M
Float8.93M
Short % of float0.24%
Dividend yield—
Beta (5Y)0.94
Valuation & profitability ratios
Trailing P/E27.07
Forward P/E10.68
PEG ratio0.30
Price / sales—
Price / book1.29
EV / revenue0.69
EV / EBITDA7.17
Gross margin50.40%
Operating margin15.16%
Profit margin2.45%
Return on equity11.46%
Return on assets5.44%
Debt / equity21.08
Current ratio1.94
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $66.09M | $61.39M | $52.39M | $57.25M | +7.6% |
| Operating revenue | $66.09M | $61.39M | $52.39M | $57.25M | +7.6% |
| Cost of revenue | $33.51M | $32.11M | $35.48M | $33.51M | +4.4% |
| Gross profit | $32.57M | $29.28M | $16.92M | $23.74M | +11.2% |
| Research & development | $1.28M | $1.40M | $1.60M | $1.34M | -9.0% |
| Selling, general & admin | $27.80M | $24.39M | $24.09M | $23.47M | +14.0% |
| Total operating expense | $29.07M | $25.79M | $25.70M | $24.82M | +12.7% |
| Operating income | $3.50M | $3.49M | -$8.78M | -$1.08M | +0.2% |
| Net interest income | $999.68K | $769.09K | $452.82K | $1.29M | +30.0% |
| Pre-tax income | $6.05M | $3.22M | -$3.22M | $2.09M | +87.6% |
| Tax provision | $1.48M | $1.15M | $926.56K | $988.94K | +28.9% |
| Net income | $2.92M | $683.87K | -$5.24M | -$851.16K | +327.5% |
| Net income to common | $2.92M | $683.87K | -$5.24M | -$851.16K | +327.5% |
| Basic EPS | 0.25 | 0.06 | -0.46 | -0.08 | +316.7% |
| Diluted EPS | 0.25 | 0.06 | -0.46 | -0.08 | +316.7% |
| EBIT | $6.92M | $4.37M | -$2.45M | $2.46M | +58.5% |
| EBITDA | $8.38M | $6.09M | $791.65K | $6.27M | +37.7% |
| Basic shares | 11.58M | 11.38M | 11.28M | 11.25M | +1.7% |
| Diluted shares | 11.58M | 11.42M | 11.28M | 11.25M | +1.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $17.36M | $19.13M | $15.53M | $23.96M | -9.2% |
| Cash & short-term investments | $17.36M | $19.13M | $15.53M | $23.96M | -9.2% |
| Accounts receivable | $7.53M | $13.05M | $11.71M | $8.67M | -42.3% |
| Total current assets | $46.32M | $47.46M | $41.60M | $49.43M | -2.4% |
| Property, plant & equipment | $5.88M | $6.44M | $7.31M | $10.35M | -8.6% |
| Goodwill & intangibles | $9.30M | $9.30M | $9.43M | $10.89M | 0.0% |
| Total assets | $62.44M | $64.19M | $58.38M | $72.61M | -2.7% |
| Total current liabilities | $19.71M | $23.87M | $20.77M | $20.83M | -17.4% |
| Current debt | $8.20M | $6.21M | $5.61M | $8.34M | +31.9% |
| Long-term debt | — | — | — | $12.87K | — |
| Total debt | $9.14M | $7.67M | $7.11M | $10.04M | +19.2% |
| Total liabilities | $20.18M | $24.65M | $21.60M | $21.75M | -18.1% |
| Retained earnings | -$41.29M | -$44.21M | -$44.90M | -$39.65M | +6.6% |
| Shareholder equity | $37.83M | $34.84M | $33.81M | $45.40M | +8.6% |
| Working capital | $26.61M | $23.59M | $20.83M | $28.60M | +12.8% |
| Net tangible assets | $28.53M | $25.54M | $24.38M | $34.51M | +11.7% |
| Shares issued | 12.70M | 12.36M | 12.28M | 12.20M | +2.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $4.57M | $2.08M | -$4.14M | $1.10M | +120.0% |
| Depreciation & amortisation | $1.46M | $1.72M | $3.24M | $3.81M | -15.0% |
| Stock-based compensation | $208.12K | $308.57K | $317.45K | $104.35K | -32.6% |
| Change in working capital | -$6.19M | -$1.07M | -$1.24M | -$4.42M | -479.9% |
| Operating cash flow | $447.27K | $2.91M | $2.01M | $3.06M | -84.6% |
| Capital expenditure | -$1.38M | -$515.40K | -$1.64M | -$2.61M | -168.3% |
| Investing cash flow | -$1.27M | -$291.54K | -$1.40M | -$2.26M | -337.3% |
| Share buybacks | -$1.50M | $0 | -$61.12K | -$1.05M | — |
| Financing cash flow | $822.88K | $239.55K | -$718.99K | -$1.38M | +243.5% |
| Free cash flow | -$935.50K | $2.39M | $370.13K | $451.42K | -139.1% |
| End cash position | $17.36M | $19.13M | $15.53M | $23.96M | -9.2% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $19.83M | $18.81M | $15.01M | $18.41M | $17.54M | — | +5.4% |
| Operating revenue | $19.83M | $18.81M | $15.01M | $18.41M | $17.54M | — | +5.4% |
| Cost of revenue | $8.80M | $9.78M | $9.10M | $8.06M | $8.80M | — | -10.0% |
| Gross profit | $11.03M | $9.03M | $5.91M | $10.35M | $8.74M | — | +22.1% |
| Research & development | $166.38K | $247.71K | $214.34K | $277.47K | $304.79K | — | -32.8% |
| Selling, general & admin | $7.86M | $7.48M | $7.54M | $6.88M | $6.88M | — | +5.0% |
| Total operating expense | $8.02M | $7.73M | $7.75M | $7.15M | $7.19M | — | +3.8% |
| Operating income | $3.01M | $1.30M | -$1.84M | $3.20M | $1.55M | — | +131.3% |
| Net interest income | $56.70K | $32.50K | $106.36K | $95.44K | $99.91K | — | +74.4% |
| Pre-tax income | $3.10M | $1.44M | -$2.00M | $4.47M | $1.99M | — | +114.7% |
| Tax provision | $781.24K | $480.19K | $215.78K | $763.57K | $151.33K | — | +62.7% |
| Net income | $1.30M | $246.76K | -$2.36M | $2.58M | $1.42M | — | +427.2% |
| Net income to common | $1.30M | $246.76K | -$2.36M | $2.58M | $1.42M | — | +427.2% |
| Basic EPS | 0.11 | 0.02 | -0.20 | — | 0.12 | -0.10 | +450.0% |
| Diluted EPS | 0.11 | 0.02 | -0.20 | — | 0.12 | -0.10 | +450.0% |
| EBIT | $3.25M | $1.62M | -$1.83M | $4.65M | $2.18M | — | +100.6% |
| EBITDA | $3.55M | $1.92M | -$1.50M | $5.01M | $2.54M | — | +85.3% |
| Basic shares | 11.82M | 11.80M | 11.77M | — | 11.68M | 11.48M | +0.2% |
| Diluted shares | 11.84M | 11.81M | 11.77M | — | 11.68M | 11.48M | +0.2% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $14.74M | $18.13M | $22.69M | $17.36M | $18.77M | -18.7% |
| Cash & short-term investments | $14.74M | $18.13M | $22.69M | $17.36M | $18.77M | -18.7% |
| Accounts receivable | $16.65M | $7.78M | $6.32M | $7.53M | $5.44M | +114.1% |
| Total current assets | $52.32M | $46.41M | $46.59M | $46.32M | $42.41M | +12.7% |
| Property, plant & equipment | $6.43M | $6.20M | $5.84M | $5.88M | $5.70M | +3.7% |
| Goodwill & intangibles | $10.34M | $9.30M | $9.30M | $9.30M | $9.30M | +11.2% |
| Total assets | $71.92M | $62.69M | $62.63M | $62.44M | $58.14M | +14.7% |
| Total current liabilities | $27.04M | $20.00M | $21.66M | $19.71M | $18.74M | +35.2% |
| Current debt | $8.02M | $8.37M | $8.25M | $8.20M | $8.43M | -4.2% |
| Total debt | $9.33M | $9.80M | $9.17M | $9.14M | $9.45M | -4.8% |
| Total liabilities | $27.65M | $20.75M | $22.10M | $20.18M | $19.25M | +33.3% |
| Retained earnings | -$42.10M | -$43.40M | -$43.65M | -$41.29M | -$43.86M | +3.0% |
| Shareholder equity | $37.18M | $35.94M | $35.79M | $37.83M | $35.45M | +3.4% |
| Working capital | $25.28M | $26.42M | $24.93M | $26.61M | $23.67M | -4.3% |
| Net tangible assets | $26.83M | $26.64M | $26.49M | $28.53M | $26.15M | +0.7% |
| Shares issued | 12.79M | 12.75M | 12.73M | 12.70M | 11.71M | +0.3% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $2.31M | $962.04K | -$2.22M | $3.70M | $1.83M | +140.6% |
| Depreciation & amortisation | $307.42K | $299.75K | $324.61K | $361.70K | $363.50K | +2.6% |
| Stock-based compensation | $61.00K | $61.00K | $145.40K | $73.23K | $39.75K | 0.0% |
| Change in working capital | -$4.26M | -$6.10M | $7.07M | -$3.06M | -$3.19M | +30.1% |
| Operating cash flow | -$1.34M | -$4.75M | $5.30M | $440.95K | -$363.40K | +71.8% |
| Capital expenditure | -$1.56M | -$371.05K | -$485.28K | -$485.03K | -$329.61K | -321.2% |
| Investing cash flow | -$1.55M | -$310.21K | -$443.20K | -$431.82K | -$311.57K | -401.1% |
| Share buybacks | — | — | — | $0 | — | — |
| Financing cash flow | -$355.10K | $533.63K | $191.22K | -$43.42K | -$1.77M | -166.5% |
| Free cash flow | -$2.90M | -$5.12M | $4.82M | -$44.08K | -$693.01K | +43.3% |
| End cash position | $14.74M | $18.13M | $22.69M | $17.36M | $18.77M | -18.7% |
Options analytics
Put / call volume
—
—
Put / call open interest
0.02
Positioning, not flow
Max pain
2.50
-38.4% from spot
ATM implied vol
241.0%
Nearest strike to spot
Skew (10% OTM)
-127.0%
Calls bid over puts
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
5.00
260 contracts
Heaviest put OI
2.50
5 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $0 | — |
| Next year | — | — | $0 | — |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders20.54%
Held by institutions18.16%
Institutions holding30
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
4.11
-2.04% from price
SMA 20
4.21
-3.62% from price
SMA 50
4.36
-6.95% from price
SMA 100
4.13
-2.53% from price
SMA 200
3.70
+9.87% from price
EMA 12
4.13
-2.51% from price
EMA 26
4.22
-4.54% from price
EMA 50
4.25
-5.20% from price
RSI (14)
38.2
Neutral
MACD (12,26,9)
-0.09
Hist -0.02
ATR (14)
0.14
3.41% of price
Realised vol 30D
22.5%
Annualised
Bollinger upper
4.44
20, 2σ
Bollinger lower
3.98
20, 2σ
50 / 200 cross
Golden
4.36 vs 3.70
Trend bias
Above 200
+9.87%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.76
Less volatile than market
Correlation to SPY
0.17
Largely independent
Realised vol 30D
22.5%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-46.4%
Peak to trough
Max drawdown 5Y
-69.0%
Peak to trough
ATR 14
0.14
3.41% of price
Beta (reported)
0.94
5Y monthly, from filing
Short interest
Shares short
24.02K
Prior 42.02K
Change vs prior
-42.8%
Shorts covering
% of float
0.24%
Normal
% of shares out
0.20%
Against total outstanding
Days to cover
1.9
Liquid
Float
8.93M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 19, 19 | Sidoti & Co. | MAINTAINED | — | Not Rated |
| Feb 23, 16 | Taglich Brothers | MAINTAINED | — | Speculative Buy |
| Nov 18, 14 | Taglich Brothers | MAINTAINED | — | Speculative Buy |
| Aug 27, 13 | Sidoti & Co. | INITIATED | — | Buy |
| Jul 19, 13 | Maxim Group | INITIATED | — | Buy |
Dividends & splits
Forward rate—
Forward yield—
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split1:10
Split dateAug 13, 2012
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-06-22
Periodic Financial Reports
10-Q · 2026-05-14
Corporate Changes & Voting Matters
8-K · 2026-05-06
Proxy Statements
DEFA14A · 2026-04-29
Corporate Changes & Voting Matters
8-K · 2026-02-12
Corporate Changes & Voting Matters
8-K · 2026-01-26
Corporate Changes & Voting Matters
8-K · 2025-11-13
Periodic Financial Reports
10-Q · 2025-11-12
Headlines
Sidoti Events, LLC's August Micro-Cap Virtual Conference
ACCESS Newswire · 5d ago
NETSOL’s Transcend Retail platform goes live across three new US dealer partners
GlobeNewswire · 38d ago
NETSOL Technologies Added to Russell 3000E and Russell Microcap Indexes
GlobeNewswire · 41d ago
NETSOL Technologies strengthens Board with election of four new directors at 2026 Annual Meeting
GlobeNewswire · 54d ago
NETSOL Technologies partners with Applicon Financial Solutions to accelerate Nordic expansion
GlobeNewswire · 60d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.