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NetApp (NTAP) News Today

$116.50
-1.00 (-0.85%)
(As of 05/30/2024 ET)
NetApp increases dividend by ~4% to $0.52
NetApp (NASDAQ:NTAP) Releases FY 2025 Earnings Guidance
NetApp (NASDAQ:NTAP) updated its FY 2025 earnings guidance. The company provided EPS guidance of 6.800-7.000 for the period, compared to the consensus estimate of 6.740. The company also issued revenue guidance of $6.5 billionillion-$6.7 billionillion, compared to the consensus estimate of $6.5 billionillion.
NetApp (NASDAQ:NTAP) Issues Quarterly Earnings Results, Beats Estimates By $0.32 EPS
NetApp (NASDAQ:NTAP - Get Free Report) announced its quarterly earnings data on Thursday. The data storage provider reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.32. The company had revenue of $1.67 billion during the quarter, compared to analysts' expectations of $1.65 billion. NetApp had a return on equity of 109.49% and a net margin of 15.21%. NetApp's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.20 EPS.
NetApp, Inc. (NASDAQ:NTAP) to Issue Quarterly Dividend of $0.52
NetApp, Inc. (NASDAQ:NTAP) announced a quarterly dividend on Thursday, May 30th. Shareholders of record on Friday, July 5th will be paid a dividend of 0.52 per share by the data storage provider on Wednesday, July 24th. This represents a $2.08 dividend on an annualized basis and a yield of 1.78%. This is an increase from NetApp's previous quarterly dividend of $0.50.
NTAP Sep 2024 145.000 call
Allianz Asset Management GmbH Boosts Position in NetApp, Inc. (NASDAQ:NTAP)
Allianz Asset Management GmbH raised its holdings in shares of NetApp, Inc. (NASDAQ:NTAP - Free Report) by 8.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,293,054 shares of the data storage provider's stock after purchasing an additional 103,483 sh
Bank of America Raises NetApp (NASDAQ:NTAP) Price Target to $100.00
Bank of America raised their target price on NetApp from $85.00 to $100.00 and gave the company an "underperform" rating in a report on Wednesday.
Wedbush Boosts NetApp (NASDAQ:NTAP) Price Target to $120.00
Wedbush increased their price objective on shares of NetApp from $100.00 to $120.00 and gave the stock a "neutral" rating in a research report on Tuesday.
United Services Automobile Association Decreases Position in NetApp, Inc. (NASDAQ:NTAP)
United Services Automobile Association decreased its stake in NetApp, Inc. (NASDAQ:NTAP - Free Report) by 76.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,264 shares of the data storage provider's stock after
NetApp (NASDAQ:NTAP) Hits New 12-Month High at $116.56
NetApp (NASDAQ:NTAP) Sets New 1-Year High at $116.56
NetApp (NASDAQ:NTAP) Hits New 12-Month High at $116.56
Brokerages Set NetApp, Inc. (NASDAQ:NTAP) Target Price at $104.73
NetApp, Inc. (NASDAQ:NTAP) Stake Trimmed by Edmond DE Rothschild Holding S.A.
Edmond DE Rothschild Holding S.A. lowered its stake in NetApp, Inc. (NASDAQ:NTAP - Free Report) by 8.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,590,102 shares of the data storage provider's s
NetApp, Inc. (NASDAQ:NTAP) Shares Sold by Commerce Bank
Commerce Bank lessened its holdings in NetApp, Inc. (NASDAQ:NTAP - Free Report) by 13.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,709 shares of the data storage provider's stock after sell
NetApp, Inc. (NASDAQ:NTAP) Given Consensus Recommendation of "Hold" by Brokerages
NetApp, Inc. (NASDAQ:NTAP - Get Free Report) has earned a consensus rating of "Hold" from the sixteen ratings firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy
NetApp, Inc. (NASDAQ:NTAP) Shares Sold by Primecap Management Co. CA
Primecap Management Co. CA decreased its holdings in shares of NetApp, Inc. (NASDAQ:NTAP - Free Report) by 3.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,709,824 shares of the data storage provid
NetApp (NASDAQ:NTAP) PT Raised to $106.00 at Morgan Stanley
NetApp, Inc. (NASDAQ:NTAP) Shares Sold by Amalgamated Bank
Amalgamated Bank cut its position in NetApp, Inc. (NASDAQ:NTAP - Free Report) by 33.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 43,868 shares of the data storage provider's stock after selling 21,957 shares during the period. Amalgamated Ba
NetApp (NASDAQ:NTAP) Price Target Raised to $106.00
Morgan Stanley lifted their price objective on shares of NetApp from $92.00 to $106.00 and gave the company an "equal weight" rating in a research report on Thursday.
NetApp (NTAP) Set to Announce Earnings on Thursday
Susquehanna Increases NetApp (NASDAQ:NTAP) Price Target to $130.00
Susquehanna boosted their price objective on shares of NetApp from $115.00 to $130.00 and gave the company a "positive" rating in a research report on Wednesday.
BI Asset Management Fondsmaeglerselskab A S Has $1.28 Million Stock Position in NetApp, Inc. (NASDAQ:NTAP)
BI Asset Management Fondsmaeglerselskab A S lifted its stake in NetApp, Inc. (NASDAQ:NTAP - Free Report) by 89.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,470 shares of the data storage pro
Analyst Expectations For NetApp's Future
NetApp (NASDAQ:NTAP) Given New $120.00 Price Target at Citigroup
Citigroup boosted their price target on shares of NetApp from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday.
Beutel Goodman & Co Ltd. Decreases Stock Position in NetApp, Inc. (NASDAQ:NTAP)
Beutel Goodman & Co Ltd. lessened its stake in NetApp, Inc. (NASDAQ:NTAP - Free Report) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,359,564 shares of the data storage provider's stock after sel
8,048 Shares in NetApp, Inc. (NASDAQ:NTAP) Acquired by Simplicity Wealth LLC
Simplicity Wealth LLC acquired a new stake in NetApp, Inc. (NASDAQ:NTAP - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,048 shares of the data storage provider's stock, valued at approximately $8
NetApp (NASDAQ:NTAP) Reaches New 1-Year High at $112.48
NetApp (NASDAQ:NTAP) Reaches New 12-Month High at $112.48
Dynamic Technology Lab Private Ltd Has $2.25 Million Stock Holdings in NetApp, Inc. (NASDAQ:NTAP)
Dynamic Technology Lab Private Ltd increased its position in NetApp, Inc. (NASDAQ:NTAP - Free Report) by 234.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,551 shares of the data storage provider
ING Groep NV Buys 28,180 Shares of NetApp, Inc. (NASDAQ:NTAP)
ING Groep NV lifted its stake in shares of NetApp, Inc. (NASDAQ:NTAP - Free Report) by 13.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 230,884 shares of the data storage provider's stock after acquiring an a
NTAP May 2024 109.000 put
Mitsubishi UFJ Asset Management Co. Ltd. Sells 6,886 Shares of NetApp, Inc. (NASDAQ:NTAP)
Mitsubishi UFJ Asset Management Co. Ltd. cut its holdings in shares of NetApp, Inc. (NASDAQ:NTAP - Free Report) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 233,761 shares of t
Jump Financial LLC Has $1.79 Million Stake in NetApp, Inc. (NASDAQ:NTAP)
Jump Financial LLC grew its position in NetApp, Inc. (NASDAQ:NTAP - Free Report) by 89.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,337 shares of the data storage provider
M&G Investment Management Ltd. Lowers Holdings in NetApp, Inc. (NASDAQ:NTAP)
M&G Investment Management Ltd. lowered its position in shares of NetApp, Inc. (NASDAQ:NTAP - Free Report) by 27.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 174,693 shares of the data storage provider's stock after selling 64,517 shar
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NTAP Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

NTAP
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We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

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36

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This page (NASDAQ:NTAP) was last updated on 5/31/2024 by MarketBeat.com Staff

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