MASTERINVEST Kapitalanlage GmbH Invests $1.42 Million in NetApp, Inc. $NTAP

MASTERINVEST Kapitalanlage GmbH purchased a new position in NetApp, Inc. (NASDAQ:NTAP - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,184 shares of the data storage provider's stock, valued at approximately $1,421,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Jefferies Financial Group Inc. bought a new position in NetApp in the fourth quarter worth approximately $14,869,000. Norges Bank purchased a new position in NetApp during the 4th quarter worth $458,060,000. Handelsbanken Fonder AB raised its position in NetApp by 106.8% during the 4th quarter. Handelsbanken Fonder AB now owns 262,732 shares of the data storage provider's stock valued at $28,136,000 after purchasing an additional 135,715 shares in the last quarter. National Pension Service lifted its holdings in shares of NetApp by 13.6% in the 4th quarter. National Pension Service now owns 180,917 shares of the data storage provider's stock worth $19,374,000 after buying an additional 21,643 shares during the period. Finally, Swedbank AB lifted its holdings in shares of NetApp by 22.0% in the 4th quarter. Swedbank AB now owns 97,086 shares of the data storage provider's stock worth $10,397,000 after buying an additional 17,520 shares during the period. Institutional investors own 92.17% of the company's stock.

Insider Activity

In related news, CAO Lorenzo Daniel De sold 225 shares of the business's stock in a transaction on Monday, June 1st. The stock was sold at an average price of $171.09, for a total transaction of $38,495.25. Following the transaction, the chief accounting officer directly owned 1,090 shares in the company, valued at $186,488.10. The trade was a 17.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Cesar Cernuda sold 2,608 shares of the company's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $204.48, for a total value of $533,283.84. Following the transaction, the president directly owned 46,530 shares in the company, valued at $9,514,454.40. This represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 55,297 shares of company stock worth $8,758,016. Insiders own 0.36% of the company's stock.

Analyst Ratings Changes

NTAP has been the topic of a number of recent research reports. Citigroup increased their price target on NetApp from $150.00 to $209.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 18th. Evercore set a $210.00 price objective on shares of NetApp in a research note on Monday. Northland Securities increased their target price on shares of NetApp from $137.00 to $171.00 and gave the stock an "outperform" rating in a report on Friday, May 29th. Barclays increased their target price on shares of NetApp from $120.00 to $199.00 and gave the stock an "overweight" rating in a report on Friday, May 29th. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $200.00 target price on shares of NetApp in a research report on Tuesday, June 2nd. Five analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, NetApp currently has an average rating of "Hold" and a consensus price target of $179.77.

NetApp Trading Down 1.7%

NASDAQ:NTAP opened at $190.64 on Friday. The stock has a market capitalization of $37.41 billion, a price-to-earnings ratio of 29.97, a PEG ratio of 3.45 and a beta of 1.45. NetApp, Inc. has a 52 week low of $93.69 and a 52 week high of $209.06. The company has a quick ratio of 1.39, a current ratio of 1.44 and a debt-to-equity ratio of 1.84. The firm has a 50 day moving average of $175.36 and a 200 day moving average of $137.69.

NetApp (NASDAQ:NTAP - Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The data storage provider reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.27 by ($0.24). The firm had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $1.87 billion. NetApp had a return on equity of 117.23% and a net margin of 18.43%.NetApp's revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.93 earnings per share. As a group, sell-side analysts anticipate that NetApp, Inc. will post 7.34 earnings per share for the current fiscal year.

NetApp News Summary

Here are the key news stories impacting NetApp this week:

• Positive Sentiment: NetApp was named a Leader in Gartner’s 2026 Magic Quadrant for Enterprise Storage Platforms and ranked first for the Hybrid Cloud Storage Use Case. The recognition could support customer confidence and strengthen NetApp’s competitive position. NetApp Named a Leader in the 2026 Gartner Magic Quadrant for Enterprise Storage Platforms
• Positive Sentiment: Analyst commentary highlighted momentum in NetApp’s Public Cloud business, driven by hyperscaler storage demand. Strong margins could create operating leverage as cloud revenue expands. Will NetApp's Public Cloud Business Maintain Its Growth Momentum?
• Positive Sentiment: Technical coverage noted that NTAP recently moved above its 20-day moving average, a signal that could indicate improving short-term momentum and technical support. NetApp Just Overtook the 20-Day Moving Average
• Neutral Sentiment: NetApp plans to participate in upcoming investor conferences, which may provide management with an opportunity to discuss demand, cloud growth and its outlook, but no new financial information was announced. NetApp to Participate in Upcoming Conferences
• Neutral Sentiment: Comparisons with Super Micro Computer focused on relative valuation and investment appeal, offering context for investors but no company-specific change to NetApp’s fundamentals. SMCI vs. NTAP: Which Stock Is the Better Value Option?
• Negative Sentiment: The stock declined despite a stronger market session, indicating possible profit-taking or concern that its elevated valuation already reflects much of the expected growth. NetApp’s latest reported quarter also included an earnings-per-share miss, despite revenue exceeding estimates, which may keep investors focused on execution. NetApp Stock Falls Amid Market Uptick

NetApp Company Profile

NetApp, Inc NASDAQ: NTAP is a data management and storage company that delivers hybrid cloud data services for applications and data. Founded in 1992 as Network Appliance and rebranded as NetApp in 2008, the company is headquartered in Sunnyvale, California. NetApp's offering focuses on enabling organizations to store, manage, protect and move data across on-premises environments and major public clouds.

The company's product portfolio centers on the ONTAP data management software and a range of storage systems and services built around it.

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