Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Netapp Inc shares valued at $29,829 were purchased by DANIEL DE LORENZO on Jun 03 ’25. At $98.77 per share, DANIEL DE LORENZO acquired 302 shares.
Also, Kurian George sold 8,500 shares, netting a total of over 850,145 in proceeds. Following the sale of shares at $100.02 each, the insider now holds 305,305 shares.
Before that, De Lorenzo Daniel had sold 326 shares from its account. In a trade valued at $32,593, the VP, Controller & CAO traded Netapp Inc shares for $99.98 each. Upon closing the transaction, the insider’s holdings decreased to 326 shares, worth approximately $47210.8.
As published in a research note from Barclays on April 30, 2025, Netapp Inc [NTAP] has been rated up from an Equal weight to an Overweight and the price target has been revised to $115. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in late February. As of February 19, 2025, BofA Securities has increased its “an Underperform” rating to a “Neutral” for NTAP. Earlier on February 10, 2025, Susquehanna downgraded its rating. Their new recommendation was “a Neutral” for NTAP stock which previously was a “a Positive”.
Analyzing NTAP Stock Performance
During the last five days, there has been a surge of approximately 4.10%. Over the course of the year, Netapp Inc shares have dropped approximately -10.61%. 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.
Support And Resistance Levels for Netapp Inc (NTAP)
According to the 24-hour chart, there is a support level at 103.20, which, if violated, would cause prices to drop to 102.63. In the upper region, resistance lies at 104.67. The next price resistance is at 105.57. RSI (Relative Strength Index) is 68.92 on the 14-day chart, showing neutral technical sentiment.
