Netapp Inc’s filing revealed that its CEO Kurian George unloaded Company’s shares for reported $0.85 million on May 19 ’25. In the deal valued at $100.02 per share,8,500 shares were sold. As a result of this transaction, Kurian George now holds 305,305 shares worth roughly $30.27 million.
Then, De Lorenzo Daniel sold 326 shares, generating $32,593 in total proceeds. Upon selling the shares at $99.98, the VP, Controller & CAO now owns 455 shares.
Before that, GEORGE KURIAN bought 8,500 shares. Netapp Inc shares valued at $850,134 were divested by the Officer at a price of $100.02 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 fall -0.05% to $99.16. Over the last five days, the stock has lost -0.62%. Netapp Inc shares have fallen nearly -14.58% since the year began. Nevertheless, the stocks have fallen -15.97% 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 $90.82, while 200 days put it at $112.28.
Levels Of Support And Resistance For NTAP Stock
The 24-hour chart illustrates a support level at 95.18, which if violated will result in even more drops to 91.21. On the upside, there is a resistance level at 102.06. A further resistance level may holdings at 104.97. The Relative Strength Index (RSI) on the 14-day chart is 59.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.34%. Stochastics %K at 67.52% indicates the stock is a holding.
