That Will Motivate You Today- NetApp, Inc. (NASDAQ:NTAP)

Lloyd Doyle
December 7, 2017

The stock increased 1.71% or $0.965 during the last trading session, reaching $57.375. About 1.86 million shares traded.

NetApp, Inc. (NASDAQ:NTAP) has a 20-day RSI of 77.20%.

Aircastle Limited, through its subsidiaries, acquires, leases, and sells commercial jet aircraft to airlines. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.38 billion. Regardless of which metric you utilize, a firm understanding of the concept of volatility and how it is measured is essential to successful investing. Companies with a high P/E ratio are typically growth stocks. The rating has been disclosed in analysts note on Tuesday morning. (NASDAQ:NTAP) for 388 shares. AYR was included in 3 notes of analysts from November 2, 2016. William Blair upgraded NetApp from an "underperform" rating to a "market perform" rating and set a $43.00 target price for the company in a report on Thursday, February 16th. As per Thursday, August 18, the company rating was maintained by BTIG Research. As per Wednesday, June 8, the company rating was maintained by Liberum Capital.

Lombard Odier Asset Mgmt (Switzerland) stated it has 49,068 shares. Service Automobile Association owns 726,566 shares. Following the completion of the sale, the executive vice president now directly owns 11,884 shares of the company's stock, valued at approximately $664,434.44. Institutional investors own 93.92% of the company's stock. Amg Funds Llc, a Connecticut-based fund reported 73,302 shares. The stock decreased 0.71% or $0.25 during the last trading session, reaching $34.75. (NASDAQ:HAWK) has risen 34.41% since December 6, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Finally, FTB Advisors Inc. boosted its holdings in NetApp by 50.2% during the 3rd quarter. Two investment analysts have rated the stock with a sell rating, nineteen have issued a hold rating and fourteen have issued a buy rating to the stock. Blackhawk Network Holdings had 32 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has "Hold" rating by JMP Securities given on Thursday, May 26. The firm has "Market Perform" rating given on Friday, December 11 by BMO Capital Markets. The stock of NetApp, Inc. Morgan Stanley has "Underweight" rating and $38 target. The rating was maintained by Maxim Group on Thursday, February 18 with "Buy". (NASDAQ:NTAP) on Thursday, November 16 with "Overweight" rating. Nasdaq.com's news article titled: "NetApp (NTAP) to Report Q2 Earnings: What's in the Cards?" with publication date: November 13, 2017 was also an interesting one. The average investment rating for NTAP on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.69 or a Hold. As per Wednesday, January 6, the company rating was maintained by UBS. Lake Street maintained NetApp, Inc. Goldman Sachs maintained it with "Sell" rating and $26 target in Thursday, August 18 report. Morgan Stanley reissued an "underweight" rating on shares of NetApp in a research report on Saturday, September 23rd.


In the most recent quarter, institutional ownership increased by a net of 3.75 million shares, or 1.46%.This is a bullish sign and indicates that institutions are feeling more optimistic about the outlook for NTAP overall.228 holders increased their positions, 207 decreased their positions, and 82 holders held their positions. NetApp, Inc.'s now has a PEG ratio of 1.63 where as its P/E ratio is 23.98.

The most recent non open market insider trade was completed by REICH JOEL D on 11/15/2017, and was a disposition of 984 shares with a final price of $45.82. The New York-based Pinebridge Invests Limited Partnership has invested 0.05% in NetApp, Inc. Moreover, United Services Automobile Association has 0.09% invested in NetApp, Inc. Manchester Capital Mgmt Ltd Liability Corp owns 994 shares or 0.01% of their U.S. portfolio.

Rhumbline Advisers invested in 558,809 shares or 0.05% of the stock. (NASDAQ:NTAP). Pggm Invs holds 185,102 shares. Kistler holds 0.01% of its portfolio in NetApp, Inc. Also, the company reported an operating margin of 20.7 percent, which was better than the 19.2 percent he had expected.Limited DownsideGarcha continued that while NetApp's revenue and EPS guidance fell short of expectations, there is reason to believe revenue can grow. Guardian Life Of America accumulated 607 shares. First Personal Financial Services now owns 2,764 shares of the data storage provider's stock valued at $121,000 after buying an additional 2,754 shares during the last quarter. Sumitomo Mitsui Asset Management Communications reported 0.01% in NetApp, Inc. 17,061 are held by Liberty Mutual Gp Asset Mngmt. Price T Rowe Assocs Md accumulated 488,656 shares. Renaissance Technology invested 0.17% in NetApp, Inc.

Other reports by Iphone Fresh

Discuss This Article

FOLLOW OUR NEWSPAPER