NTAP

NetApp, Inc.

Nasdaq · Computer Storage Devices · Inc. CA · CIK 0001002047
$161.26 -0.35% $31.6B
Insider Selling Cluster (2 insiders)High Impact Filing (7/10)30 New Institutional Positions20 Institutional Exits
Vol
Market Cap$31.6B
Cap SizeLarge Cap
Analyst ConsensusHold (43%)
Inst. Holders50 funds
Inst. Value$12.3B
Inst. Activity30 buys / 20 sells
Insider Activity0B / 7S
Insider Net $-$1.8M
Reddit Sentiment50° Neutral
SEC Reports5
Congressional1 trades
Exchange Nasdaq·Sector Computer Storage Devices·Inc. CA·CIK 0001002047·Prev Close $161.82

Recent Activity

Jun 16, 2026 short_volume
Short Volume: NTAP — 56.4% short (0.5M / 0.8M)
Short: 477,707 | Exempt: 1,609 | TRF Vol: 847,405 | Short Ratio: 56.4% | Off-exchange volume (dark p
Jun 5, 2026 SEC
Two NetApp insiders sold a combined $1.32M in open-market transactions within a week of the company's record Q4 FY2026 e
CLUSTER — Impact 3/10
Jun 3, 2026 Insider
HELD GERALD sold 7,132 shares
Director @ $180.00 ($1.3M)
Jun 1, 2026 Insider
De Lorenzo Daniel sold 225 shares
VP, Controller & CAO @ $171.09 ($38.5K)
May 28, 2026 SEC
NetApp reported record Q4 FY2026 results with net revenue of $1.95B (+12% YoY), GAAP EPS of $2.03 (+23% YoY), and record
8-K — Impact 7/10
May 20, 2026 SEC
NetApp insiders executed minimal open-market sales totaling $151K (0.0006% of market cap), dwarfed by routine non-cash e
CLUSTER — Impact 2/10
May 18, 2026 Insider
De Lorenzo Daniel sold 275 shares
VP, Controller & CAO @ $120.00 ($33.0K)
Inst.
FIRST TRUST ADVISORS LP — DOUBLED
3,658,066 shares ($374.5M)

Price Targets

$171.75 +6.5% upside Buy
Current $161.26 Low $117.00 Median $175.50 High $200.00 16 analysts
$117.00 $200.00

Analyst Ratings

Hold43% buy · 28 analysts
3Strong Buy
9Buy
15Hold
1Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 1, 2026 Argus Research MAINTAIN Buy → Buy
May 29, 2026 Barclays MAINTAIN Overweight → Overweight
May 29, 2026 JP Morgan MAINTAIN Neutral → Neutral
May 29, 2026 B of A Securities MAINTAIN Neutral → Neutral
May 29, 2026 Citigroup MAINTAIN Neutral → Neutral

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $2.11 ▲ +14.4% $2.08 — $2.16 36% YoY 16
Next Q $2.14 ▲ +1.7% $2.05 — $2.31 5% YoY 16
Current FY $8.90 ▲ +4.3% $8.83 — $9.30 9% YoY 18
Next FY $9.86 ▲ +4.8% $9.03 — $11.07 11% YoY 17

Top Institutional Holders

FundValueMove
BlackRock, Inc.$2.0B
VANGUARD PORTFOLIO MANAGEMENT LLC$1.3B
VANGUARD CAPITAL MANAGEMENT LLC$1.3B
STATE STREET CORP$1.0B
AMERIPRISE FINANCIAL INC$614.4M

Recent Insider Trades

DateInsiderTypeValue
Jun 3, 2026HELD GERALDSELL$1.3M
Jun 1, 2026De LorenzoSELL$38.5K
May 18, 2026De LorenzoSELL$33.0K
May 15, 2026Kurian GeorgeM$0.00
May 15, 2026Kurian GeorgeF$1.1M

Reddit Sentiment

50°
Neutral
Bearish Neutral Bullish
11 mentions 2 bullish 2 bearish

Congressional Trades

1 members: 1 buys, 0 sells
MemberPartyTypeAmount
John BoozmanRBUY$1,001 - $15,000
50 institutional holders with $12.3B total value (120,307,548 shares) as of 2026-Q1. Top holders: BlackRock,, VANGUARD, VANGUARD. Net buying activity: 30 institutions added/increased vs 20 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.19,907,827$2.0B16.5%
2VANGUARD PORTFOLIO MANAGEMENT LLC12,652,345$1.3B10.5%
3VANGUARD CAPITAL MANAGEMENT LLC12,487,893$1.3B10.4%
4STATE STREET CORP10,023,473$1.0B8.3%
5AMERIPRISE FINANCIAL INC6,000,694$614.4M5.0%
6WELLINGTON MANAGEMENT GROUP LLP4,670,721$478.2M3.9%
7Invesco Ltd.3,891,973$398.5M3.2%
8CITIGROUP INC3,776,466$386.7M3.1%
9FIRST TRUST ADVISORS LP3,658,066$374.5M3.0%DOUBLED +127.0%
10MORGAN STANLEY3,035,748$310.8M2.5%
11GOLDMAN SACHS GROUP INC2,883,755$295.3M2.4%
12VICTORY CAPITAL MANAGEMENT INC2,210,284$226.3M1.8%
13DIMENSIONAL FUND ADVISORS LP2,129,773$218.1M1.8%
14BANK OF AMERICA CORP /DE/1,956,339$200.3M1.6%
15Epoch Investment Partners, Inc.1,743,918$178.6M1.4%
16Legal & General Group Plc1,719,002$176.0M1.4%
17TD ASSET MANAGEMENT INC1,602,956$164.1M1.3%
18CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,356,123$138.9M1.1%
19ROYAL BANK OF CANADA1,354,220$138.7M1.1%
20FMR LLC1,284,218$131.5M1.1%ADD +45.6%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
FIRST TRUST ADVISORS LPDOUBLED1,611,1543,658,066+127.0%$374.5M2026-Q1
FMR LLCADD882,0511,284,218+45.6%$131.5M2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLCDOUBLED606,1541,281,631+111.4%$131.2M2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPTRIM1,644,275988,873-39.9%$101.3M2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUNDDOUBLED198,891930,444+367.8%$95.3M2026-Q1
Nuveen, LLCADD514,368881,186+71.3%$90.2M2026-Q1
Boston Trust Walden CorpADD489,379631,452+29.0%$64.7M2026-Q1
SCHRODER INVESTMENT MANAGEMENT GROUPADD474,731625,340+31.7%$64.0M2026-Q1
CAPITOLIS LIQUID GLOBAL MARKETS LLCDOUBLED106,000622,156+486.9%$63.7M2026-Q1
Gotham Asset Management, LLCADD483,487613,644+26.9%$62.8M2026-Q1
CAISSE DE DEPOT ET PLACEMENT DU QUEBECADD425,394532,212+25.1%$54.5M2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLCDOUBLED36,456508,280+1294.2%$52.0M2026-Q1
PANAGORA ASSET MANAGEMENT INCDOUBLED229,650469,507+104.4%$48.1M2026-Q1
ENVESTNET ASSET MANAGEMENT INCADD330,827433,620+31.1%$44.4M2026-Q1
FRANKLIN RESOURCES INCADD245,523419,554+70.9%$43.0M2026-Q1
NATIXISTRIM752,050377,507-49.8%$38.7M2026-Q1
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEMTRIM513,020357,345-30.3%$36.6M2026-Q1
TCW GROUP INCTRIM560,985351,046-37.4%$35.9M2026-Q1
CANADA PENSION PLAN INVESTMENT BOARDADD177,916323,063+81.6%$33.1M2026-Q1
TEACHER RETIREMENT SYSTEM OF TEXASADD140,829190,986+35.6%$19.6M2026-Q1
GLENMEDE TRUST CO NATRIM512,023169,229-66.9%$17.3M2026-Q1
TD Waterhouse Canada Inc.DOUBLED17,117156,107+812.0%$15.9M2026-Q1
M&G PlcNEW137,421$14.0M2026-Q1
LOOMIS SAYLES & CO L PNEW112,235$11.5M2026-Q1
FIFTH THIRD BANCORPDOUBLED12,559105,733+741.9%$10.8M2026-Q1
7 unique insiders with 33 transactions. Net insider value: -$1.8M ($0.00 bought, $1.8M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 3, 2026HELD GERALDDirectorSELL7,132$180.00$1.3M
Jun 1, 2026De Lorenzo DanielVP, Controller & CAOSELL225$171.09$38.5K
May 18, 2026De Lorenzo DanielVP, Controller & CAOSELL275$120.00$33.0K
May 15, 2026Kurian GeorgeCEOEXERCISE18,489
May 15, 2026Kurian GeorgeCEOTAX W/H9,326$119.93$1.1M
May 15, 2026Kurian GeorgeCEOEXERCISE2,876
May 15, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerEXERCISE7,573
May 15, 2026CERNUDA CESARPresidentEXERCISE10,705
May 15, 2026JABRE WISSAM GEVP, CFOEXERCISE5,424
May 15, 2026JABRE WISSAM GEVP, CFOTAX W/H2,736$119.93$328.1K
May 15, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerTAX W/H3,822$119.93$458.4K
May 15, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerEXERCISE1,048
May 15, 2026CERNUDA CESARPresidentEXERCISE1,964
May 15, 2026CERNUDA CESARPresidentTAX W/H5,033$119.93$603.6K
May 15, 2026De Lorenzo DanielVP, Controller & CAOEXERCISE108
May 15, 2026De Lorenzo DanielVP, Controller & CAOEXERCISE2,116
May 15, 2026De Lorenzo DanielVP, Controller & CAOTAX W/H751$119.93$90.1K
May 14, 2026JABRE WISSAM GEVP, CFOAWARD21,174
May 14, 2026CERNUDA CESARPresidentTAX W/H12,690$118.58$1.5M
May 14, 2026Nair SyamEVP, Chief Product OfficerTAX W/H3,674$118.58$435.7K
May 14, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerAWARD9,917
May 14, 2026JABRE WISSAM GEVP, CFOTAX W/H10,679$118.58$1.3M
May 14, 2026Kurian GeorgeCEOAWARD57,027
May 14, 2026Kurian GeorgeCEOTAX W/H28,759$118.58$3.4M
May 14, 2026CERNUDA CESARPresidentAWARD26,998
May 14, 2026Nair SyamEVP, Chief Product OfficerAWARD9,336
May 14, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerTAX W/H5,002$118.58$593.1K
May 11, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerSELL1,000$117.73$117.7K
Apr 15, 2026JABRE WISSAM GEVP, CFOEXERCISE28,654
Apr 15, 2026JABRE WISSAM GEVP, CFOTAX W/H12,939$98.89$1.3M
Apr 10, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerSELL1,000$96.25$96.3K
Mar 10, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerSELL1,000$100.67$100.7K
Feb 10, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerSELL1,000$103.45$103.5K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Hold (43% buy). Based on 28 analysts: 3 strong buy, 9 buy, 15 hold, 1 sell, 0 strong sell.

Analyst Price Targets

$171.75 mean target +6.5% upside Buy (2.40)
$117.00 Low $200.00 High
MetricValue
Current Price$161.26
Target Low$117.00
Target Mean$171.75
Target Median$175.50
Target High$200.00
# Analysts16
RecommendationBuy (2.40)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-07-31
$2.11 $2.08 $2.16 36.1% +14.4% 13↑ 0↓ $1.8B 17.4% 16
Next Q
2026-10-31
$2.14 $2.05 $2.31 4.6% +1.7% 7↑ 6↓ $1.8B 7.5% 16
Current FY
2027-04-30
$8.90 $8.83 $9.30 9.5% +4.3% 16↑ 1↓ $7.5B 8.0% 18
Next FY
2028-04-30
$9.86 $9.03 $11.07 10.8% +4.8% 10↑ 1↓ $7.9B 5.5% 17

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$2.109
7d ago$2.109
30d ago$1.843+0.266
60d ago$1.830+0.279
90d ago$1.830+0.279
12 analyst firms have rated this stock: 0 upgrades, 3 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 1, 2026 Argus Research MAINTAIN Buy Buy
May 29, 2026 Barclays MAINTAIN Overweight Overweight
May 29, 2026 JP Morgan MAINTAIN Neutral Neutral
May 29, 2026 B of A Securities MAINTAIN Neutral Neutral
May 29, 2026 Citigroup MAINTAIN Neutral Neutral
May 29, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
May 29, 2026 Evercore ISI Group MAINTAIN In-Line In-Line
May 29, 2026 Susquehanna MAINTAIN Neutral Neutral
May 29, 2026 Wedbush MAINTAIN Neutral Neutral
May 29, 2026 Northland Capital Markets MAINTAIN Outperform Outperform
May 29, 2026 Morgan Stanley MAINTAIN Underweight Underweight
May 20, 2026 B of A Securities MAINTAIN Neutral Neutral
May 14, 2026 BWG Global DOWNGRADE Positive Mixed
Apr 16, 2026 JP Morgan DOWNGRADE Overweight Neutral
Mar 2, 2026 Citigroup MAINTAIN Neutral Neutral
Feb 27, 2026 Barclays MAINTAIN Overweight Overweight
Feb 25, 2026 Wedbush REITERATE Neutral Neutral
Feb 19, 2026 JP Morgan MAINTAIN Overweight Overweight
Feb 17, 2026 Citigroup MAINTAIN Neutral Neutral
Jan 20, 2026 Morgan Stanley DOWNGRADE Equal-Weight Underweight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 202639151043%
May 1, 202639151043%
Apr 1, 2026310141046%
Mar 1, 2026311131050%
Feb 1, 2026311131050%
Jan 1, 2026310140048%
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 1 buys, 0 sells.

Congressional Trades

DateMemberPartyChamberTypeAmountAssetDisclosed
Feb 27, 2026John BoozmanRSENATEBUY$1,001 - $15,000NetApp IncMar 6, 2026 (8d)
50°
Neutral
Bearish Neutral Bullish
11 mentions 2 bullish 2 bearish 11 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Jun 5, 2026160° Warm101
Jun 5, 2026160° Warm101
Jun 2, 2026150° Neutral001
Jun 2, 2026150° Neutral001
May 29, 2026156° Neutral001
May 29, 2026140° Cool011
May 29, 2026140° Cool011
May 28, 2026150° Neutral001
May 28, 2026150° Neutral001
May 21, 2026156° Neutral001
May 21, 2026156° Neutral001

Recent Reddit Threads

r/wallstreetbets Bullish 12d 3h ago
Why is nobody talking about NTAP?
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 14d 20h ago
NTAP stock analysis
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 18d 18h ago
Is NTAP the next Dell?
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Bearish 19d 5h ago
AI storage is waking up, and NTAP just gave the market a receipt
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 19d 10h ago
when you realize you bought NET instead of NTAP
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 26d 10h ago
$NTAP is the last memory play
▲ 1 💬 1 ⚡ 0.5
Jun 16, 2026
short_volume
Short Volume: NTAP — 56.4% short (0.5M / 0.8M)
Short: 477,707 | Exempt: 1,609 | TRF Vol: 847,405 | Short Ratio: 56.4% | Off-exchange volume (dark pool + OTC)
Jun 12, 2026
short_volume
Short Volume: NTAP — 55.8% short (0.3M / 0.6M)
Short: 324,264 | Exempt: 640 | TRF Vol: 581,528 | Short Ratio: 55.8% | Off-exchange volume (dark pool + OTC)
Jun 10, 2026
short_volume
Short Volume: NTAP — 55.2% short (0.4M / 0.7M)
Short: 411,431 | Exempt: 5,265 | TRF Vol: 745,691 | Short Ratio: 55.2% | Off-exchange volume (dark pool + OTC)
Jun 5, 2026
short_volume
Short Volume: NTAP — 55.2% short (0.7M / 1.3M)
Short: 690,678 | Exempt: 1,313 | TRF Vol: 1,250,105 | Short Ratio: 55.2% | Off-exchange volume (dark pool + OTC)
May 28, 2026
earnings_calendar
NTAP Q4 2026 Earnings After Market Close — 2026-05-28
May 28, 2026
short_volume
Short Volume: NTAP — 67.5% short (1.2M / 1.8M)
Short: 1,203,500 | Exempt: 3,670 | TRF Vol: 1,781,964 | Short Ratio: 67.5% | Off-exchange volume (dark pool + OTC)
May 25, 2026
dark_pool
Dark Pool: NTAP — 9.4M shares, 131,934 trades
Week starting 2026-05-25. Total ATS volume: 9,423,698 shares across 131,934 trades.
May 22, 2026
short_volume
Short Volume: NTAP — 58.4% short (1.7M / 2.9M)
Short: 1,675,598 | Exempt: 18,772 | TRF Vol: 2,868,307 | Short Ratio: 58.4% | Off-exchange volume (dark pool + OTC)
May 21, 2026
short_volume
Short Volume: NTAP — 62.5% short (0.4M / 0.6M)
Short: 404,382 | Exempt: 286 | TRF Vol: 647,037 | Short Ratio: 62.5% | Off-exchange volume (dark pool + OTC)
May 19, 2026
short_volume
Short Volume: NTAP — 64.2% short (0.4M / 0.7M)
Short: 419,083 | Exempt: 61 | TRF Vol: 653,059 | Short Ratio: 64.2% | Off-exchange volume (dark pool + OTC)
May 19, 2026
ftd
FTD: NTAP — 69,312 shares ($8.4M) failed to deliver
Settlement: 20260519, Price: $120.60, FTD Value: $8,359,027.2, NETAPP INC COM STK (DE)
May 18, 2026
short_volume
Short Volume: NTAP — 64.1% short (0.7M / 1.1M)
Short: 706,344 | Exempt: 760 | TRF Vol: 1,102,395 | Short Ratio: 64.1% | Off-exchange volume (dark pool + OTC)
May 18, 2026
dark_pool
Dark Pool: NTAP — 4.4M shares, 85,764 trades
Week starting 2026-05-18. Total ATS volume: 4,414,138 shares across 85,764 trades.
May 15, 2026
short_volume
Short Volume: NTAP — 73.8% short (0.8M / 1.0M)
Short: 764,249 | Exempt: 0 | TRF Vol: 1,036,072 | Short Ratio: 73.8% | Off-exchange volume (dark pool + OTC)
May 14, 2026
short_volume
Short Volume: NTAP — 72.5% short (1.5M / 2.1M)
Short: 1,540,016 | Exempt: 200 | TRF Vol: 2,125,497 | Short Ratio: 72.5% | Off-exchange volume (dark pool + OTC)
Mar 3, 2026
Enforcement
Sorokunov v. NetApp, Inc.
Court ruling from California Court of Appeal. Docket: A171964