A Look at NetApp Inc (NTAP) After 6.1% Gain -- GF Value $119.39 vs Price $163.55
NetApp Inc (NTAP) shares rose 6.1% to $163.55, marking a 54.2% year-to-date increase, but its current price is 37.0% above its GF Value™ of $119.39, indicating significant overvaluation. The stock boasts a strong GF Score™ of 91/100, driven by high profitability and growth scores, yet insider selling of $9.4 million suggests caution among executives. Investors are advised to perform thorough due diligence due to the overvalued status and insider activity.
NetApp Inc. stock outperforms competitors on strong trading day
NetApp Inc. (NTAP) stock experienced a significant trading day, closing at $113.88, an increase of 1.76%, and outperforming its competitors. The stock also surpassed the S&P 500's daily gain and its own 50-day and 200-day moving averages, indicating a strong positive trend.
NetApp Inc. stock outperforms competitors on strong trading day
NetApp Inc. (NTAP) stock saw a significant gain of 6.08% on Monday, closing at $163.55. This performance outpaced the broader market, with the S&P 500 Index rising 0.72% and the Dow Jones Industrial Average rising 0.29%. Despite the strong day, NetApp Inc. remains 15.18% below its 52-week high.
Alight, Taboola, Everpure, NetApp, and Rumble Shares Are Soaring, What You Need To Know
Shares of Alight, Taboola, Everpure, NetApp, and Rumble jumped after the ISM Services PMI Report for June indicated continued expansion in the business services sector. While the PMI saw a slight decrease, it remains above 50%, signaling a resilient economic backdrop. Alight experienced a significant surge, reaching a new 52-week high, with positive analyst sentiment and strong Q1 2026 financial results contributing to its rise.
Alight, Taboola, Everpure, NetApp, and Rumble Shares Are Soaring, What You Need To Know
Shares of Alight, Taboola, Everpure, NetApp, and Rumble jumped following the release of the ISM Services PMI Report, which indicated continued expansion in the business services sector. The report showed the Services PMI at 54 percent in June, marking the 24th consecutive month of growth, signaling a resilient economic backdrop for service-oriented companies. Alight, in particular, saw a significant 15.8% increase, driven by positive analyst sentiment and strong first-quarter financial results.
Louisiana State Employees Retirement System Invests $1.03 Million in NetApp, Inc. $NTAP
The Louisiana State Employees Retirement System has initiated a new position in NetApp, Inc. by purchasing 10,100 shares valued at approximately $1.03 million during the first quarter. Institutional ownership of NetApp remains high at 92.17%, with several large funds increasing their stakes. Despite missing EPS estimates, NetApp's revenue surpassed expectations, growing 12.5% year over year.
Elevation Point Wealth Partners LLC Buys Shares of 31,552 NetApp, Inc. $NTAP
Elevation Point Wealth Partners LLC initiated a new position in NetApp (NASDAQ:NTAP) during the first quarter, purchasing 31,552 shares valued at approximately $3.23 million. Other institutional investors also adjusted their holdings in NetApp, with 92.17% of the stock currently owned by hedge funds and institutional investors. NetApp recently reported Q4 earnings that missed analyst estimates but exceeded revenue expectations, and declared a quarterly dividend of $0.52 per share.
Hsbc Holdings PLC Has $90.56 Million Stock Position in NetApp, Inc. $NTAP
HSBC Holdings PLC increased its stake in NetApp, Inc. by 30.6% in the fourth quarter, now owning 845,036 shares valued at $90.56 million. NetApp exceeded revenue expectations with $1.95 billion but missed EPS estimates at $2.03. Wall Street analysts generally hold a "Hold" rating for NTAP with an average target price of $169.33.
NetApp (NASDAQ:NTAP) Upgraded to "Strong-Buy" at Wall Street Zen
Wall Street Zen has upgraded NetApp (NASDAQ:NTAP) from a "buy" to a "strong-buy" rating, despite a broader analyst consensus of "Hold" with an average price target of $169.33. The company recently reported Q4 revenue of $1.95 billion, exceeding estimates, but missed on EPS expectations with $2.03. Shares opened at $154.17, trading above key moving averages, while institutional ownership remains high at 92.17%, though insiders have been selling stock.
Moran Wealth Management LLC Sells 17,889 Shares of NetApp, Inc. $NTAP
Moran Wealth Management LLC has reduced its stake in NetApp, Inc. (NASDAQ:NTAP) by 7.4% in the first quarter, selling 17,889 shares and now owning 225,310 shares valued at approximately $23.1 million. NetApp reported mixed quarterly results, with EPS missing expectations but revenue exceeding estimates and growing 12.5% year-over-year. The company declared a quarterly dividend of $0.52 per share, and analysts currently rate the stock as a consensus "Hold" with a price target of $169.33.
Fideuram Intesa Sanpaolo Private Banking S.P.A. Makes New $3.02 Million Investment in NetApp, Inc. $NTAP
Fideuram Intesa Sanpaolo Private Banking S.P.A. has initiated a new investment in NetApp, Inc. (NASDAQ:NTAP) by acquiring 29,444 shares valued at approximately $3.02 million during Q1. This comes amidst other institutional investors adjusting their stakes and a series of analyst rating updates, with brokerages setting target prices ranging from $137.00 to $185.00 for the data storage provider. Insider selling has also been noted, with executives selling shares totaling over $8 million in the last quarter, while the company announced a quarterly dividend of $0.52 per share.
CDW - CDW Corp Revenue Breakdown
This article provides a detailed financial breakdown of CDW Corp, including its latest stock performance, key financial metrics like market cap, income, sales, and various ratios. It also lists insider and institutional ownership, profitability margins, and stock performance over different periods.
NetApp Inc. focuses on data management strategy as investors watch long-term cloud demand
NetApp Inc. is prioritizing its data management and cloud storage platform, with investors closely monitoring its position in hybrid and multi-cloud environments and the growth of recurring software revenues. The company aims to help large organizations manage and protect data across on-premises and public cloud systems, focusing on performance, reliability, and efficient storage. NetApp's long-term success hinges on its ability to transition customers to modern architectures and expand its software and cloud-related offerings amidst varying IT spending cycles and a competitive market.
How Investors Are Reacting To CGI (TSX:GIB.A) Deepening NetApp Ties And Expanding Space-Focused AI Services
CGI (TSX:GIB.A) has recently strengthened its alliance with NetApp for AI-ready cloud infrastructure and deployed its Insula AI platform for the European Space Agency's Fsat-2 mission, alongside a key executive appointment. These developments highlight CGI's focus on AI-enabled services and its evolving global leadership. While reinforcing the company's AI-driven modernization narrative, investors should still consider the execution risks associated with large, long-term contracts.
SNDK - Sandisk Corp Latest SEC Filings
This article provides the latest SEC filing information and detailed financial data for Sandisk Corp (SNDK). It includes recent stock performance, key financial metrics like market cap, income, and sales, as well as valuation ratios, earnings per share, and insider/institutional ownership details. The data reflects the stock's closing price as of July 02, and offers a comprehensive snapshot of the company's financial health and market position.
Pictet Asset Management Holding SA Sells 9,924 Shares of NetApp, Inc. $NTAP
Pictet Asset Management Holding SA reduced its stake in NetApp, Inc. by 8.2% in the first quarter, selling 9,924 shares and now owning 111,323 shares valued at approximately $11.4 million. NetApp reported mixed quarterly results with missed earnings estimates but exceeded revenue expectations, showing a 12.5% year-over-year increase. Analysts generally maintain a "Hold" rating for NetApp with an average target price of $169.33, and the company recently declared a quarterly dividend of $0.52 per share.
Deprince Race & Zollo Inc. Has $12.20 Million Stock Position in NetApp, Inc. $NTAP
Deprince Race & Zollo Inc. increased its stake in NetApp, Inc. by 13.4% in the first quarter, holding 119,130 shares valued at approximately $12.2 million. Despite this, insiders have recently sold a significant number of shares, and analysts generally maintain a "Hold" rating for NetApp with a consensus price target of $169.33, after a mixed earnings report.
Boston Trust Walden Corp Acquires 142,073 Shares of NetApp, Inc. $NTAP
Boston Trust Walden Corp significantly increased its stake in NetApp, Inc. (NASDAQ:NTAP) by acquiring an additional 142,073 shares, bringing its total holdings to 631,452 shares valued at approximately $64.65 million. Other institutional investors also adjusted their positions in NetApp, with some making significant new acquisitions. The article also provides details on recent analyst ratings, insider transactions, and NetApp's financial performance, including its latest earnings report and dividend announcement.
NetApp, Inc. (NTAP) Is a Trending Stock: Facts to Know Before Betting on It
NetApp, Inc. (NTAP) is a trending stock that has seen its shares return -13.6% over the past month. The article analyzes NetApp's earnings estimate revisions, revenue growth forecasts, and valuation to help investors make informed decisions. Despite being a trending stock, NetApp currently holds a Zacks Rank #3 (Hold), suggesting it may perform in line with the broader market in the near term.
NetApp (NTAP) SVP, Chief Accounting Officer receives 6,467 restricted stock units
NetApp's SVP and Chief Accounting Officer, Daniel De Lorenzo, has been granted 6,467 restricted stock units (RSUs) as part of his compensation. These RSUs convert into common stock on a one-for-one basis and will vest over 45 months, starting with 12.5% on October 15, 2026, followed by quarterly vesting of 6.25%, contingent on his continued service. This transaction is categorized as a grant/award and not an open-market purchase or sale.
NetApp (NTAP) Stock Moves -1.41%: What You Should Know
NetApp (NTAP) shares dropped 1.41%, trading at $154.17, underperforming the broader market and its sector over the past month. The company is set to release earnings, with analysts projecting a 36.13% year-over-year growth in earnings per share and a 17.43% increase in revenue for the upcoming quarter. NetApp currently holds a Zacks Rank #3 (Hold) and trades at a premium compared to its industry based on its Forward P/E ratio.
NetApp (NTAP) Stock Moves -1.41%: What You Should Know
NetApp (NTAP) shares fell 1.41% recently, underperforming its sector and the S&P 500. Investors are anticipating its upcoming earnings report, with projections of significant year-over-year growth in both EPS and revenue. The stock currently holds a Zacks Rank #3 (Hold) and trades at a premium compared to its industry based on its Forward P/E ratio.
NetApp Inc. focuses on data services as investors weigh long-term growth
NetApp Inc., a global provider of data storage and cloud data services, is positioning its portfolio around hybrid cloud and data management offerings to appeal to enterprise customers. The company focuses on robust data services that span on-premises data centers and public cloud platforms for mission-critical workloads, emphasizing cloud-connected services and subscription-based software. This strategy aims to create predictable recurring revenue and build long-term relationships by integrating storage technologies with automation and policy-based data management.
NetApp (NTAP) EVP Elizabeth O’Callahan awarded 11,087 restricted stock units
NetApp's EVP and Chief Administrative Officer, Elizabeth M. O'Callahan, was granted 11,087 restricted stock units (RSUs) on July 1, 2026, as part of her compensation. These RSUs will vest over 45 months, beginning with 12.5% on October 15, 2026, and 6.25% quarterly thereafter, contingent on her continued employment. This insider transaction was reported in a Form 4 filing, indicating a neutral impact on the company.
NetApp, Inc. Insider Trading Activity
NetApp, Inc.'s EVP and Chief Product Officer, Syam Nair, reported an acquisition of 14,783 restricted stock units (RSUs) as equity compensation on July 1, 2026. These RSUs will vest over 45 months, with an initial 12.5% vesting on October 15, 2026, and subsequent quarterly vesting of 6.25%. This Form 4 filing indicates a neutral impact and sentiment on the company's stock activity.
NetApp (NTAP) President receives 14,783 restricted stock units in new equity grant
NetApp President Cesar Cernuda was granted 14,783 restricted stock units (RSUs) on July 1, 2026, which convert into common stock on a one-for-one basis. The RSUs will vest over 45 months, with an initial 1/8th vesting on October 15, 2026, followed by 1/16th quarterly, subject to his continued service. This equity grant is a form of compensation and not a purchase, aiming to align executive incentives with the company's long-term performance.
NetApp Inc. stock outperforms competitors despite losses on the day
NetApp Inc.'s stock (NTAP) fell by 1.41% to $154.17, despite an overall mixed trading day for the market. The S&P 500 remained largely unchanged, while the Dow Jones Industrial Average rose. NetApp's closing price was 20.05% below its 52-week high achieved in May.
Can Seagate's Data Center Business Maintain its Growth Momentum?
Seagate Technology's data center business performed strongly in Q3 fiscal 2026, driven by cloud and enterprise demand, accounting for 80% of total revenue. The company is increasing shipments of its Mozaic HAMR-based drives and expects continued revenue growth and margin expansion through fiscal 2027. Despite high valuation, Seagate holds a Zacks Rank #1 due to positive estimate revisions and strong market performance.
Can Seagate's Data Center Business Maintain its Growth Momentum?
Seagate Technology's data center business performed strongly in Q3 fiscal 2026, driven by cloud and enterprise demand, with its Mozaic HAMR-based drives expanding to most leading cloud customers. The company anticipates continued revenue growth and margin expansion through fiscal 2027, backed by strong exabyte demand and ongoing product qualification. Competitors like Western Digital and NetApp are also strengthening their data center offerings with high-capacity HDDs and AI-focused solutions, respectively, highlighting a robust market.
NetApp (NTAP) Draws Fresh Attention Following Index Adds And AI Push
NetApp (NTAP) is gaining investor attention after being added to three Russell 1000 defensive indices, introducing new AI-focused product updates, and expanding its cloud data partnership with CGI Inc. Despite a recent share price decline, the company has seen significant returns over the past year, with market narratives suggesting it is 8.9% undervalued due to accelerating AI and hybrid cloud demand. Investors are now evaluating if further growth potential remains, considering its current valuation relative to analyst and intrinsic value estimates.
NetApp (NTAP) Draws Fresh Attention Following Index Adds And AI Push
NetApp (NTAP) has gained investor attention due to its inclusion in three Russell 1000 defensive indices, new AI-focused product updates, and an expanded cloud data partnership. Despite a recent share price decline, the company has shown significant returns over the past year, with a narrative suggesting it is 8.9% undervalued driven by AI and hybrid cloud demand. However, potential risks like increased component costs or pricing pressure from hyperscaler partnerships could challenge this optimistic outlook.
Q1 Earnings Highs And Lows: Amdocs (NASDAQ:DOX) Vs The Rest Of The IT Services & Other Tech Stocks
This article analyzes the Q1 earnings performance of Amdocs (NASDAQ:DOX) and compares it to other companies in the IT services and other tech sector. While the sector as a whole performed well, Amdocs experienced a stock decline despite beating revenue expectations, failing to meet full-year EPS guidance. The article also highlights strong performances from Applied Digital (NASDAQ:APLD) and NetApp (NASDAQ:NTAP), and weaker results from Everforth (NYSE:EFOR) and HP (NYSE:HPQ).
NetApp Inc. stock outperforms competitors on strong trading day
NetApp Inc. (NTAP) shares rose 1.05% to $156.38 on Wednesday, despite a dismal trading session for the broader stock market, with the S&P 500 Index and Dow Jones Industrial Average both falling. The company's stock closed 18.90% below its 52-week high achieved on May 29th.
ePlus Surpasses Industry Benchmarks with Outstanding Net Promoter Score in Independent Survey
ePlus Inc. announced an outstanding Net Promoter Score (NPS) of 74 in an independent customer survey, significantly exceeding the technology industry average. This score reflects high customer satisfaction and a strong likelihood of customers recommending ePlus' solutions and services, according to findings from VistaXM. The company attributes this success to its customer-first approach and commitment to delivering exceptional experiences, a sentiment echoed by several of its key partners.
ePlus Surpasses Industry Benchmarks with Outstanding Net Promoter Score in Independent Survey
ePlus inc. announced that an independent survey by VistaXM revealed a Net Promoter Score (NPS) of 74, significantly exceeding the technology industry average. This high score indicates strong customer satisfaction and a likelihood to recommend ePlus' solutions and services, reflecting the company's commitment to exceptional customer experience. The survey included over 1,400 customers across various regions and industries.
Daiwa Securities Adjusts Price Target on NetApp to $180 From $117, Maintains Outperform Rating
Daiwa Securities has increased its price target for NetApp (NTAP) to $180, up from $117, while reiterating an "Outperform" rating on the stock. This adjustment reflects a significant positive outlook for the company from the analyst firm. NetApp specializes in data management and storage equipment, offering a diversified portfolio of products and services including product sales, support, and cloud services.
How Investors May Respond To NetApp (NTAP) Joining Russell Defensive Indexes And Deepening Its AI Storage Push
NetApp (NTAP) has been added to several Russell 1000 Defensive indexes and has introduced StorageGRID 12.1 to enhance its AI data storage capabilities, alongside expanding its partnership with CGI Inc. These developments underscore NetApp's growing recognition in equity markets and its strategic focus on AI-ready infrastructure and subscription-based data services. While these moves bolster NetApp's AI and hybrid cloud narrative, the company's valuation and future growth still hinge on sustained demand for high-value data infrastructure and the ability to manage competition and pricing pressures.
How Investors May Respond To NetApp (NTAP) Joining Russell Defensive Indexes And Deepening Its AI Storage Push
NetApp (NTAP) has been added to several Russell 1000 Defensive Indexes and has released StrongGRID 12.1 to enhance AI and data workloads. These developments support NetApp's existing AI and hybrid cloud strategy. Investors should consider how these changes, alongside analyst forecasts of significant revenue and earnings growth, might influence its stock performance, especially given potential market pressures.
Oracle puts AI coaching inside Slack and Teams for managers
Oracle has introduced Manager Edge, an AI-powered coaching assistant integrated into Oracle Fusion Cloud HCM, designed to help managers lead more effectively. This tool provides personalized, real-time guidance based on workforce signals, accessible through Oracle Touchpoints, Slack, and Microsoft Teams. It aims to improve employee engagement, retention, and productivity by helping managers make informed decisions and reinforce company values.
Assenagon Asset Management S.A. Buys 9,657 Shares of NetApp, Inc. $NTAP
Assenagon Asset Management S.A. increased its stake in NetApp, Inc. (NASDAQ:NTAP) by 24.2% in the first quarter, purchasing 9,657 additional shares to bring its total holdings to 49,528 shares valued at approximately $5.07 million. Despite significant insider selling over the past 90 days, institutional investors collectively own 92.17% of the stock. Analysts currently rate NetApp with a "Hold" consensus and an average price target of $169.33, following a mixed Q4 earnings report where revenue grew but EPS missed estimates.
NetApp Inc. stock underperforms Monday when compared to competitors despite daily gains
NetApp Inc. (NTAP) stock rose 1.71% on Monday, breaking a five-day losing streak, but still underperformed compared to its competitors. The S&P 500 Index and the Dow Jones Industrial Average both saw larger gains on the same trading day.
NetApp, Inc.(NasdaqGS: NTAP) added to Russell 1000 Defensive Index
NetApp, Inc. (NasdaqGS:NTAP) has been added to the Russell 1000 Defensive Index, a significant development for the company. This inclusion follows recent activities such as new product releases, expanded partnerships, and updated analyst price targets, signaling active engagement in the market. The article provides an overview of NetApp's business segments, financial data, and analyst consensus, reinforcing its market presence and operational scope.
NetApp, Inc.(NasdaqGS: NTAP) added to Russell 1000 Growth-Defensive Index
NetApp, Inc. (NasdaqGS: NTAP) has been added to the Russell 1000 Growth-Defensive Index. This announcement follows similar additions to the Russell 1000 Value-Defensive Index and the broader Russell 1000 Defensive Index. The article also provides a company profile, recent news, and analyst consensus for NetApp.
CGI picks NetApp as its preferred storage kid on the block
IT services firm CGI is strengthening its alliance with NetApp by integrating NetApp block storage into its Shared Services Platform (SSP). This collaboration means CGI will offer NetApp's Keystone subscription block storage services to its global clients, replacing other vendors' products in its data centers. The partnership aims to provide flexible, consumption-based data and storage services, empowering clients with an intelligent data infrastructure for hybrid cloud adoption and AI preparation.
OP Asset Management Ltd Invests $2.10 Million in NetApp, Inc. $NTAP
OP Asset Management Ltd has initiated a new stake in NetApp, Inc. (NASDAQ:NTAP) by purchasing 20,463 shares valued at approximately $2.1 million during the first quarter. This investment highlights strong institutional interest, with institutional investors now holding 92.17% of NetApp's shares. Despite missing EPS estimates, NetApp reported strong revenue growth and declared a quarterly dividend of $0.52 per share.
Price to book forward of NetApp, Inc. – NASDAQ:NTAP
This article provides price to book forward data for NetApp, Inc. (NASDAQ: NTAP). It is a financial listing from TradingView, offering an overview of the company's financial metrics. The purpose is to present key financial data to investors and analysts.
Enterprise value to revenue forward of NetApp, Inc. – NASDAQ:NTAP
The article focuses on the enterprise value to revenue forward metric for NetApp, Inc. (NASDAQ: NTAP). It is presented as a financial data point available on TradingView, indicating its relevance to financial analysis of the company. The content appears to be a stub or a section from a larger financial data platform.
Enterprise value to EBIT forward of NetApp, Inc. – NASDAQ:NTAP
This page provides financial data for NetApp, Inc. (NASDAQ: NTAP), specifically focusing on its enterprise value to EBIT forward. It is identified as a TradingView financial metric, noting market closure and the absence of trades.
Rockefeller Capital Management L.P. Has $4.39 Million Stake in NetApp, Inc. $NTAP
Rockefeller Capital Management L.P. significantly increased its stake in NetApp, Inc. by 87.5% in the fourth quarter, bringing its total holdings to 40,967 shares valued at $4.39 million. This increase occurred despite NetApp missing EPS estimates but exceeding revenue expectations, with revenue up 12.5% year-over-year. The company recently announced a quarterly dividend of $0.52 per share and analysts currently hold a "Hold" rating with an average target price of $169.33.
Enterprise value to EBITDA forward of NetApp, Inc. – NASDAQ:NTAP
This article provides financial snapshot information for NetApp, Inc. (NASDAQ: NTAP), specifically highlighting its Enterprise Value to EBITDA forward metric. It indicates the stock market status and offers various links to other financial analysis tools and community features on TradingView.
