Netapp Inc’s filing revealed that its CEO Kurian George unloaded Company’s shares for reported $0.87 million on Jun 16 ’25. In the deal valued at $101.78 per share,8,500 shares were sold. As a result of this transaction, Kurian George now holds 296,805 shares worth roughly $30.95 million.
Then, GEORGE KURIAN bought 8,500 shares, generating $865,099 in total proceeds.
Before that, O’Callahan Elizabeth M sold 528 shares. Netapp Inc shares valued at $54,416 were divested by the EVP, Chief Admin. Officer at a price of $103.06 per share. As a result of the transaction, O’Callahan Elizabeth M now holds 25,251 shares, worth roughly $2.63 million.
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 Monday, Netapp Inc [NASDAQ:NTAP] saw its stock jump 1.54%% to $104.27. Over the last five days, the stock has gained 3.76%. Netapp Inc shares have fallen nearly -18.99% since the year began. Nevertheless, the stocks have fallen -10.17% 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.
Levels Of Support And Resistance For NTAP Stock
The 24-hour chart illustrates a support level at 102.55, which if violated will result in even more drops to 100.82. On the upside, there is a resistance level at 105.18. A further resistance level may holdings at 106.08.
How much short interest is there in Netapp Inc?
A steep rise in short interest was recorded in Netapp Inc stocks on 2025-05-30, dropping by -0.58 million shares to a total of 7.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 8.54 million shares. There was a decline of -7.35%, which implies that there is a negative sentiment for the stock.
