NTAP

NetApp, Inc.

Nasdaq · Computer Storage Devices · Inc. CA · CIK 0001002047
$139.36 +12.43% $27.5B
High Impact Filing (7/10)3 New Institutional PositionsCongressional Activity (1)
Vol
Market Cap$27.5B
Cap SizeLarge Cap
Analyst ConsensusHold (43%)
Inst. Holders10 funds
Inst. Value$4.2B
Inst. Activity3 buys / 1 sells
Insider Activity0B / 5S
Insider Net $-$451.1K
Reddit Sentiment50° Neutral
SEC Reports3
Congressional1 trades
Exchange Nasdaq·Sector Computer Storage Devices·Inc. CA·CIK 0001002047·Prev Close $123.95

Recent Activity

May 28, 2026 earnings_calendar
NTAP Q4 2026 Earnings After Market Close — 2026-05-28
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)
May 15, 2026 Insider
Kurian George sold 18,489 shares
CEO @ $0.00 ($0.00)
May 15, 2026 Insider
Kurian George sold 9,326 shares
CEO @ $119.93 ($1.1M)
Mar 27, 2026 SEC
The California Court of Appeal upheld a lower court's decision in favor of NetApp, Inc. in a labor dispute brought by fo
COURT-RULING — Impact 6/10
Feb 28, 2026 SEC
Three major institutions—Norges Bank, Two Sigma, and Wells Fargo—significantly increased their positions in NetApp durin
INST-CLUSTER — Impact 7/10
Inst.
NORGES BANK — NEW
4,277,338 shares ($458.1M)

Price Targets

$117.60 -15.6% upside Strong Sell
Current $139.36 Low $88.00 Median $115.00 High $137.00 15 analysts
$88.00 $137.00

Analyst Ratings

Hold43% buy · 28 analysts
3Strong Buy
9Buy
15Hold
1Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
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 25, 2026 Wedbush REITERATE Neutral → Neutral

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $2.27 $2.24 — $2.31 17% YoY 18
Next Q $1.84 $1.66 — $1.99 19% YoY 15
Current FY $7.98 $7.95 — $8.02 10% YoY 18
Next FY $8.53 $7.53 — $9.03 7% YoY 18

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$2.9B
NORGES BANK$458.1MNEW
MORGAN STANLEY$316.7MTRIM
BANK OF AMERICA CORP$194.9MADD
CHARLES SCHWAB INVESTMENT MANAGEMENT$141.2MNEW

Recent Insider Trades

DateInsiderTypeValue
May 18, 2026De LorenzoSELL$33.0K
May 15, 2026Kurian GeorgeM$0.00
May 15, 2026Kurian GeorgeF$1.1M
May 15, 2026Kurian GeorgeM$0.00
May 15, 2026O'Callahan ElizabethM$0.00

Reddit Sentiment

50°
Neutral
Bearish Neutral Bullish
2 mentions 0 bullish 0 bearish

Congressional Trades

1 members: 1 buys, 0 sells
MemberPartyTypeAmount
John BoozmanRBUY$1,001 - $15,000
10 institutional holders with $4.2B total value (39,677,323 shares) as of 2025-Q4. Top holders: VANGUARD, NORGES, MORGAN. Net buying activity: 3 institutions added/increased vs 1 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC27,157,594$2.9B68.4%
2NORGES BANK4,277,338$458.1M10.8%NEW
3MORGAN STANLEY2,957,076$316.7M7.5%TRIM -25.1%
4BANK OF AMERICA CORP /DE/1,819,570$194.9M4.6%ADD +83.0%
5CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,318,402$141.2M3.3%NEW
6FMR LLC882,051$94.5M2.2%ADD +32.8%
7TWO SIGMA INVESTMENTS, LP638,448$68.4M1.6%DOUBLED +103.9%
8ARIEL INVESTMENTS, LLC322,860$34.6M0.8%TRIM -27.4%
9WELLS FARGO & COMPANY/MN260,872$27.9M0.7%ADD +48.0%
10RENAISSANCE TECHNOLOGIES LLC43,112$4.6M0.1%NEAR_EXIT -75.9%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
NORGES BANKNEW4,277,338$458.1M2025-Q4
TWO SIGMA INVESTMENTS, LPDOUBLED313,177638,448+103.9%$68.4M2025-Q4
WELLS FARGO & COMPANY/MNADD176,289260,872+48.0%$27.9M2025-Q4
RENAISSANCE TECHNOLOGIES LLCNEAR_EXIT178,68043,112-75.9%$4.6M2025-Q4
FMR LLCADD590,858784,951+32.8%$93.0M2025-Q3
TWO SIGMA INVESTMENTS, LPNEW313,177$37.1M2025-Q3
RENAISSANCE TECHNOLOGIES LLCTRIM260,980178,680-31.5%$21.2M2025-Q3
NORGES BANKEXIT2,638,1310-100.0%$0.002025-Q3
NORGES BANKNEW2,638,131$281.1M2025-Q2
BANK OF AMERICA CORP /DE/ADD844,0461,544,513+83.0%$164.6M2025-Q2
FMR LLCADD420,699590,858+40.4%$63.0M2025-Q2
TWO SIGMA INVESTMENTS, LPEXIT21,1910-100.0%$0.002025-Q2
CITADEL ADVISORS LLCADD724,1711,043,134+44.0%$91.6M2025-Q1
FMR LLCADD291,455420,699+44.3%$37.0M2025-Q1
RENAISSANCE TECHNOLOGIES LLCTRIM458,380292,580-36.2%$25.7M2025-Q1
ARIEL INVESTMENTS, LLCTRIM391,603284,408-27.4%$25.0M2025-Q1
WELLS FARGO & COMPANY/MNTRIM231,935171,582-26.0%$15.1M2025-Q1
NORGES BANKEXIT2,639,9040-100.0%$0.002025-Q1
RENAISSANCE TECHNOLOGIES LLCTRIM837,412458,380-45.3%$53.2M2024-Q4
MORGAN STANLEYTRIM3,085,9442,310,621-25.1%$285.4M2024-Q3
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW1,259,575$155.6M2024-Q3
6 unique insiders with 5 transactions. Net insider value: -$451.1K ($0.00 bought, $451.1K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 18, 2026De Lorenzo DanielVP, Controller & CAOSELL275$120.00$33.0K
May 15, 2026Kurian GeorgeCEOM18,489$0.00$0.00
May 15, 2026Kurian GeorgeCEOF9,326$119.93$1.1M
May 15, 2026Kurian GeorgeCEOM2,876$0.00$0.00
May 15, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerM7,573$0.00$0.00
May 15, 2026CERNUDA CESARPresidentM10,705$0.00$0.00
May 15, 2026JABRE WISSAM GEVP, CFOM5,424$0.00$0.00
May 15, 2026JABRE WISSAM GEVP, CFOF2,736$119.93$328.1K
May 15, 2026JABRE WISSAM GEVP, CFOM5,424$0.00$0.00
May 15, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerF3,822$119.93$458.4K
May 15, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerM1,048$0.00$0.00
May 15, 2026CERNUDA CESARPresidentM1,964$0.00$0.00
May 15, 2026CERNUDA CESARPresidentF5,033$119.93$603.6K
May 15, 2026De Lorenzo DanielVP, Controller & CAOM108$0.00$0.00
May 15, 2026De Lorenzo DanielVP, Controller & CAOM2,116$0.00$0.00
May 15, 2026De Lorenzo DanielVP, Controller & CAOF751$119.93$90.1K
May 14, 2026JABRE WISSAM GEVP, CFOA21,174$0.00$0.00
May 14, 2026CERNUDA CESARPresidentF12,690$118.58$1.5M
May 14, 2026Nair SyamEVP, Chief Product OfficerF3,674$118.58$435.7K
May 14, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerA9,917$0.00$0.00
May 14, 2026JABRE WISSAM GEVP, CFOF10,679$118.58$1.3M
May 14, 2026Kurian GeorgeCEOA57,027$0.00$0.00
May 14, 2026Kurian GeorgeCEOF28,759$118.58$3.4M
May 14, 2026CERNUDA CESARPresidentA26,998$0.00$0.00
May 14, 2026Nair SyamEVP, Chief Product OfficerA9,336$0.00$0.00
May 14, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerF5,002$118.58$593.1K
May 11, 2026O'Callahan Elizabeth MEVP, Chief Admin. OfficerSELL1,000$117.73$117.7K
Apr 15, 2026JABRE WISSAM GEVP, CFOM28,654$0.00$0.00
Apr 15, 2026JABRE WISSAM GEVP, CFOF12,939$98.89$1.3M
Apr 15, 2026JABRE WISSAM GEVP, CFOM28,654$0.00$0.00
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

$117.60 mean target -15.6% upside Strong Sell (2.40)
$88.00 Low $137.00 High
MetricValue
Current Price$139.36
Target Low$88.00
Target Mean$117.60
Target Median$115.00
Target High$137.00
# Analysts15
RecommendationStrong Sell (2.40)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-04-30
$2.27 $2.24 $2.31 17.4% +0.1% 1↑ 2↓ $1.9B 8.0% 18
Next Q
2026-07-31
$1.84 $1.66 $1.99 18.8% -0.0% 1↑ 1↓ $1.7B 7.4% 15
Current FY
2026-04-30
$7.98 $7.95 $8.02 10.1% +0.0% 1↑ 2↓ $6.8B 4.2% 18
Next FY
2027-04-30
$8.53 $7.53 $9.03 6.9% +0.0% 1↑ 2↓ $7.2B 5.0% 18

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$2.266
7d ago$2.265+0.002
30d ago$2.265+0.002
60d ago$2.261+0.005
90d ago$2.242+0.024
10 analyst firms have rated this stock: 1 upgrades, 3 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
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 25, 2026 Wedbush REITERATE Neutral Neutral
Feb 17, 2026 Citigroup MAINTAIN Neutral Neutral
Jan 20, 2026 Morgan Stanley DOWNGRADE Equal-Weight Underweight
Nov 26, 2025 Northland Capital Markets UPGRADE Market Perform Outperform
Nov 26, 2025 Barclays MAINTAIN Overweight Overweight
Nov 26, 2025 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
Nov 26, 2025 UBS MAINTAIN Neutral Neutral
Nov 26, 2025 B of A Securities MAINTAIN Neutral Neutral

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
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
2 mentions 0 bullish 0 bearish 2 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
May 21, 2026156° Neutral001
May 21, 2026156° Neutral001

Recent Reddit Threads

r/wallstreetbets Neutral 2d 5h ago
$NTAP is the last memory play
▲ 1 💬 1 ⚡ 0.5
May 28, 2026
earnings_calendar
NTAP Q4 2026 Earnings After Market Close — 2026-05-28
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 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 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)
May 13, 2026
short_volume
Short Volume: NTAP — 83.6% short (0.6M / 0.7M)
Short: 570,439 | Exempt: 0 | TRF Vol: 682,257 | Short Ratio: 83.6% | Off-exchange volume (dark pool + OTC)
May 12, 2026
short_volume
Short Volume: NTAP — 75.9% short (0.5M / 0.7M)
Short: 493,947 | Exempt: 135 | TRF Vol: 650,563 | Short Ratio: 75.9% | Off-exchange volume (dark pool + OTC)
May 11, 2026
short_volume
Short Volume: NTAP — 72.1% short (0.6M / 0.8M)
Short: 603,443 | Exempt: 1,099 | TRF Vol: 836,947 | Short Ratio: 72.1% | Off-exchange volume (dark pool + OTC)
May 8, 2026
short_volume
Short Volume: NTAP — 75.4% short (0.6M / 0.7M)
Short: 564,774 | Exempt: 346 | TRF Vol: 749,348 | Short Ratio: 75.4% | Off-exchange volume (dark pool + OTC)
May 7, 2026
short_volume
Short Volume: NTAP — 73.3% short (0.4M / 0.6M)
Short: 440,076 | Exempt: 26 | TRF Vol: 600,637 | Short Ratio: 73.3% | Off-exchange volume (dark pool + OTC)
May 6, 2026
short_volume
Short Volume: NTAP — 84.6% short (0.6M / 0.7M)
Short: 579,886 | Exempt: 576 | TRF Vol: 685,633 | Short Ratio: 84.6% | Off-exchange volume (dark pool + OTC)
May 5, 2026
short_volume
Short Volume: NTAP — 72.2% short (0.5M / 0.6M)
Short: 461,626 | Exempt: 3,825 | TRF Vol: 639,008 | Short Ratio: 72.2% | Off-exchange volume (dark pool + OTC)
Apr 30, 2026
short_volume
Short Volume: NTAP — 75.9% short (0.4M / 0.6M)
Short: 443,513 | Exempt: 0 | TRF Vol: 584,133 | Short Ratio: 75.9% | Off-exchange volume (dark pool + OTC)
Mar 3, 2026
Enforcement
Sorokunov v. NetApp, Inc.
Court ruling from California Court of Appeal. Docket: A171964