Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Netapp Inc shares valued at $865,130 were sold by Kurian George on Jun 16 ’25. At $101.78 per share, Kurian George sold 8,500 shares. The insider’s holdings dropped to 296,805 shares worth approximately $30.5 million following the completion of this transaction.
Also, GEORGE KURIAN purchased 8,500 shares, netting a total of over 865,099 in proceeds.
Before that, O’Callahan Elizabeth M had sold 528 shares from its account. In a trade valued at $54,416, the EVP, Chief Admin. Officer traded Netapp Inc shares for $103.06 each. Upon closing the transaction, the insider’s holdings decreased to 528 shares, worth approximately $2.59 million.
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
On last trading session,, Netapp Inc [NASDAQ: NTAP] plunged -0.44% to $102.75. The stock’s lowest price that day was $102.41, but it reached a high of $104.2 in the same session. During the last five days, there has been a surge of approximately 0.12%. Over the course of the year, Netapp Inc shares have dropped approximately -11.48%. 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 102.03, which, if violated, would cause prices to drop to 101.30. In the upper region, resistance lies at 103.86. The next price resistance is at 104.96. RSI (Relative Strength Index) is 56.67 on the 14-day chart, showing neutral technical sentiment.
Is Netapp Inc subject to short interest?
Stocks of Netapp Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.58 million shares to 7.95 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 8.54 million shares. A decline of -7.35% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.64 of the overall float, the days-to-cover ratio (short ratio) decline to 3.64.
Which companies own the most shares of Netapp Inc (NTAP)?
In terms of Netapp Inc share price expectations, FactSet research, analysts set an average price target of 118 in the next 12 months, up nearly 14.34% from the previous closing price of $103.20. Analysts anticipate Netapp Inc stock to reach 130 by 2025, with the lowest price target being 106. In spite of this, 16 analysts ranked Netapp Inc stock as Buy at the end of 2025. On December 16, 2024, JP Morgan assigned a price target of “an Overweight” to the stock and upgraded coverage with a $160.
