In a filing, Netapp Inc revealed its Officer DANIEL DE LORENZO acquired Company’s shares for reported $32593.0 on May 16 ’25. In the deal valued at $99.98 per share,326 shares were bought.
Then, O’Callahan Elizabeth M sold 452 shares, generating $44,070 in total proceeds. Upon selling the shares at $97.50, the EVP, Chief Admin. Officer now owns 11,997 shares.
Before that, ELIZABETH O’CALLAHAN bought 452 shares. Netapp Inc shares valued at $44,070 were divested by the Officer at a price of $97.50 per share.
Barclays upgraded its Netapp Inc [NTAP] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late February has reiterated a ‘”a Buy”‘ rating for it. BofA Securities also remained covering NTAP and has increased its forecast on February 19, 2025 with a “Neutral” recommendation from previously “an Underperform” rating. Susquehanna revised its rating on February 10, 2025. It rated NTAP as “a Neutral” which previously was an “a Positive”.
Price Performance Review of NTAP
On Friday, Netapp Inc [NASDAQ:NTAP] saw its stock jump 0.71% to $100.53. Over the last five days, the stock has gained 7.58%. Netapp Inc shares have fallen nearly -13.40% since the year began. Nevertheless, the stocks have fallen -7.80% over the past one year. While a 52-week high of $135.45 was reached on 02/26/25, a 52-week low of $71.84 was recorded on 04/07/25. SMA at 50 days reached $89.44, while 200 days put it at $113.20.
Levels Of Support And Resistance For NTAP Stock
The 24-hour chart illustrates a support level at 99.61, which if violated will result in even more drops to 98.70. On the upside, there is a resistance level at 101.20. A further resistance level may holdings at 101.88. The Relative Strength Index (RSI) on the 14-day chart is 70.75, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.44, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.02%. Stochastics %K at 95.60% indicates the stock is a selling.
