The Attractiveness of Investing In Netapp Inc (NTAP) is Growing

Netapp Inc’s recently made public that its Officer GEORGE KURIAN acquired Company’s shares for reported $0.93 million on Aug 18 ’25. In the deal valued at $108.85 per share,8,500 shares were bought.

Then, O’Callahan Elizabeth M sold 1,000 shares, generating $105,900 in total proceeds. Upon selling the shares at $105.90, the EVP, Chief Admin. Officer now owns 23,251 shares.

Before that, ELIZABETH O’CALLAHAN bought 1,000 shares. Netapp Inc shares valued at $105,900 were divested by the Officer at a price of $105.90 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 Tuesday, Netapp Inc [NASDAQ:NTAP] saw its stock jump 0.24% to $109.16. Over the last five days, the stock has gained 1.28%. Netapp Inc shares have fallen nearly -16.94% since the year began. Nevertheless, the stocks have fallen -5.96% 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 108.53, which if violated will result in even more drops to 107.91. On the upside, there is a resistance level at 109.94. A further resistance level may holdings at 110.73.

How much short interest is there in Netapp Inc?

A steep rise in short interest was recorded in Netapp Inc stocks on 2025-07-31, growing by 0.4 million shares to a total of 9.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 8.72 million shares. There was a rise of 4.39%, which implies that there is a positive sentiment for the stock.

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