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 $850,145 were sold by Kurian George on May 19 ’25. At $100.02 per share, Kurian George sold 8,500 shares. The insider’s holdings dropped to 305,305 shares worth approximately $30.43 million following the completion of this transaction.
Also, De Lorenzo Daniel sold 326 shares, netting a total of over 32,593 in proceeds. Following the sale of shares at $99.98 each, the insider now holds 455 shares.
Before that, GEORGE KURIAN had added 8,500 shares to its account. In a trade valued at $850,134, the Officer bought Netapp Inc shares for $100.02 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 -1.38%. Over the course of the year, Netapp Inc shares have dropped approximately -14.14%. 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 99.10, which, if violated, would cause prices to drop to 98.52. In the upper region, resistance lies at 100.69. The next price resistance is at 101.70. RSI (Relative Strength Index) is 61.57 on the 14-day chart, showing neutral technical sentiment.
