NetApp, Inc. (NASDAQ:NTAP) initiated with a Overweight at JP Morgan

Lloyd Doyle
April 16, 2018

About 342,329 shares traded. Sanofi (NYSE:SNY) has declined 13.31% since April 14, 2017 and is downtrending.

Raymond J. Harbert decreased its stake in Netapp Inc (NTAP) by 33.63% based on its latest 2017Q4 regulatory filing with the SEC.

In other news, CEO George Kurian sold 3,826 shares of the company's stock in a transaction that occurred on Monday, January 22nd. Schroder Investment Mgmt Gru holds 2.77M shares. The company have shares float of 5.07 billion. (NASDAQ:NTAP). Dreman Value L L C stated it has 0.02% of its capital in NetApp, Inc. The company's stock had a trading volume of 1,953,876 shares, compared to its average volume of 2,923,115. Presently, Netapp Inc (NTAP)'s Williams Percent Range or 14 day Williams %R is resting at -13.17. It has outperformed by 38.06% the S&P500.

Analysts await Facebook, Inc. During the same quarter past year, the company earned $0.70 earnings per share. FB's profit will be $4.06 billion for 29.51 P/E if the $1.40 EPS becomes a reality. The data storage provider reported $0.82 EPS for the quarter, beating analysts' consensus estimates of $0.74 by $0.08. A low number in the 1-2 range typically indicates a Buy, 3 indicates a Hold and 4-5 represents a consensus Sell rating. Thrivent Financial For Lutherans has 11,027 shares. NEVENS THOMAS MICHAEL had sold 20,000 shares worth $1.11 million. Pub Sector Pension Investment Board holds 30,492 shares or 0.01% of its portfolio. IFP Advisors Inc boosted its holdings in NetApp by 45.3% in the fourth quarter.

Among 47 analysts covering Netapp Inc. Pivotal Research set a $62.00 price objective on NetApp and gave the company a "buy" rating in a research note on Thursday, February 15th. $323,409 worth of NetApp, Inc. On Thursday, November 16 Barclays Capital maintained NetApp, Inc. As Delta Air Lines, Inc. has a P/S, P/E and P/B values of 0.93, 10.27 and 2.69 respectively. Volumes indicate how many shares are bought and sold over a given period of time. Deutsche Natl Bank Ag accumulated 754,589 shares or 0.02% of the stock. The company was maintained on Wednesday, November 22 by UBS. The rating was maintained by RBC Capital Markets on Sunday, December 10 with "Hold". Jefferies has "Hold" rating and $34 target. Some investors are only interested in buy and hold strategies, while others will opt to try and capitalize on short-term market movements. (NASDAQ:NTAP) on Thursday, August 17 with "Neutral" rating.


Big Money Sentiment decreased to 1.14 in 2017 Q4. The Technology stock showed a change of -1.47% from opening and finally closed at $67.47 by scoring -0.15%. 93 funds opened positions while 120 raised stakes. Funds hold 243.70 million shares thus 0.52% less from 2017Q3's 244.98 million shares. The institutional investor held 89,405 shares of the technology company at the end of 2017Q4, valued at $4.95 million, down from 97,135 at the end of the previous reported quarter. Ftb Advsrs invested 0.02% of its portfolio in NetApp, Inc. Axa has invested 0% of its capital in NetApp, Inc. (NASDAQ:NTAP). Citigroup holds 175,975 shares. Stifel owns 392,076 shares. New York-based Engineers Gate Manager Limited Partnership has invested 0.16% in NetApp, Inc. (NASDAQ:NTAP), 17 have Buy rating, 7 Sell and 22 Hold. Great Lakes Advisors Limited reported 51,608 shares. Pitcairn holds 0.03% or 5,298 shares. It increased, as 57 investors sold FB shares while 621 reduced holdings. DnB Asset Management AS now owns 31,397 shares of the data storage provider's stock valued at $1,737,000 after purchasing an additional 1,000 shares during the last quarter. Btim Corporation reported 0.14% stake. Sumitomo Mitsui Asset Management Com Ltd holds 1.48% or 559,003 shares in its portfolio. Sweden-based Livforsakringsbolaget Skandia Omsesidigt has invested 0.02% in NetApp, Inc. Moreover, Shellback Capital Lp has 2.74% invested in the company for 665,522 shares.

Harber Asset Management Llc, which manages about $285.82 million US Long portfolio, upped its stake in Liberty Global Plc (NASDAQ:LBTYK) by 91,782 shares to 249,590 shares, valued at $8.45 million in 2017Q4, according to the filing. It also reduced its holding in Pioneer Floating Rate Trust (NYSE:PHD) by 40,504 shares in the quarter, leaving it with 60,703 shares, and cut its stake in Vanguard High Dividend Yield (VYM). Therefore 8% are positive. LG Display had 21 analyst reports since July 28, 2015 according to SRatingsIntel. (NYSE:KEYS) has "Buy" rating given on Friday, October 20 by Jefferies. On Monday, October 30 the stock rating was maintained by Canaccord Genuity with "Buy".

Analyst mean recommendation rating on a stock by the analyst community is at 2.10. The firm also provides ONTAP storage operating system for data protection and security; SANtricity storage operating system, which provides performance, reliability, and data protection for application-driven workloads; SolidFire element operating system; NetApp StorageGRID Webscale software that allows clients to store and manage massive amounts of data on premises and in the cloud; NetApp integrated data protection solutions; OnCommand management software and management integration tools; and FlexArray storage virtualization software. As per Thursday, May 12, the company rating was upgraded by Barclays Capital. The firm earned "Outperform" rating on Wednesday, November 18 by FBR Capital. The current EPS for the company has recorded at $3.12. The rating was upgraded by Morgan Stanley on Thursday, October 15 to "Overweight".

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