Netapp Inc [NASDAQ: NTAP] Sees Increase in Stock Value

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Netapp Inc shares valued at $54,416 were purchased by ELIZABETH O’CALLAHAN on Jun 10 ’25. At $103.06 per share, ELIZABETH O’CALLAHAN acquired 528 shares.

Also, Michael Berry purchased 5,869 shares, netting a total of over 623,581 in proceeds.

Before that, Michael Berry had added 55,000 shares to its account. In a trade valued at $5,753,000, the Affiliate bought Netapp Inc shares for $104.60 each.

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 drop of approximately -1.09%. Over the course of the year, Netapp Inc shares have dropped approximately -11.59%. 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 101.55, which, if violated, would cause prices to drop to 100.47. In the upper region, resistance lies at 103.35. The next price resistance is at 104.07. RSI (Relative Strength Index) is 59.96 on the 14-day chart, showing neutral technical sentiment.

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