Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Netapp Inc shares valued at $695,555 were sold by Kurian George on Apr 21 ’25. At $81.83 per share, Kurian George sold 8,500 shares. The insider’s holdings dropped to 249,765 shares worth approximately $22.02 million following the completion of this transaction.
Also, GEORGE KURIAN purchased 8,500 shares, netting a total of over 695,593 in proceeds.
Before that, ELIZABETH O’CALLAHAN had added 451 shares to its account. In a trade valued at $37,496, the Officer bought Netapp Inc shares for $83.14 each.
As published in a research note from TD Cowen on February 28, 2025, Netapp Inc [NTAP] has been retained to a Buy and the price target has been revised to $130. Analysts at BofA Securities upgraded the stock from ‘”an Underperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid February. As of February 10, 2025, Susquehanna has decreased its “Positive” rating to a “Neutral” for NTAP. Earlier on December 16, 2024, JP Morgan upgraded its rating. Their new recommendation was “an Overweight” for NTAP stock which previously was a “a Neutral”.
Analyzing NTAP Stock Performance
During the last five days, there has been a surge of approximately 8.38%. Over the course of the year, Netapp Inc shares have dropped approximately -24.04%. Shares of the company reached a 52-week high of $127.78 on 02/26/25 and a 52-week low of $71.84 on 04/07/25. A 50-day SMA is recorded $95.70, while a 200-day SMA reached $115.96.
Support And Resistance Levels for Netapp Inc (NTAP)
According to the 24-hour chart, there is a support level at 86.08, which, if violated, would cause prices to drop to 83.99. In the upper region, resistance lies at 89.30. The next price resistance is at 90.43. RSI (Relative Strength Index) is 51.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.24, which suggests the price will increase in the coming days. Percent R is at 1.03%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
