NetApp (NTAP) has seen a significant surge in interest from multiple investment and advisory groups such as
Novem Group,
True North Advisors,
Miller Howard Investments and
Mn Services Vermogensbeheer B.V., indicating positive investor sentiment. Despite sluggish market trends, NTAP's valuation has drawn attention due to the launch of its AI-Optimized
StorageGRID 12.0, a significant strategic shift towards AI-driven growth. While certain holdings in NTAP were reduced by groups like
MEAG MUNICH ERGO Kapitalanlagegesellschaft and
Park Avenue Securities, firms like
Occidental Asset Management and
Wedge Capital Management have increased their stake. An important highlight is the impressive 239% return of NTAP investors in the past five years. Additionally, NTAP has reaffirmed its dividend of $0.52. Concerns have been raised about insider selling, recent Q1 earnings surpassed estimates, and NTAP's growth in All-Flash technology has been strong. However, sales guidance for the full year slightly missed expectations. Presently, NTAP has been classified as a 'Hold' by brokerages.
Netapp NTAP News Analytics from Tue, 22 Apr 2025 07:00:00 GMT to Sat, 27 Sep 2025 09:37:24 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -1
