Insider Cluster (2 insiders) ·Filed May 20, 2026

NTAP

NetApp, Inc.
NEUTRAL
Impact 2/10
Horizonimmediate Processed4mo ago
Insider cluster: 2 insiders, $151K total
Actionable Insight • Neutral

Insider activity is routine and provides no directional signal. Monitor next earnings for fundamental trends; this filing does not warrant action.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d
NTAP ▲ +64.74% at T+60d
NEUTRAL call ✓ call won +64.74% · α vs SPY +60.44% · entry $123.95 → $204.20
Entry anchored
May 20, 2026
via day open
T+1d
+12.43%
call +12.43% · α +11.99%
$139.36
settled 4mo ago
T+5d
+40.61%
call +40.61% · α +38.76%
$174.29
settled 4mo ago
T+20d
+27.79%
call +27.79% · α +27.46%
$158.40
settled 4mo ago
T+60d
+64.74%
call +64.74% · α +60.44%
$204.20
settled 7w ago

Price Chart

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Executive Summary

NetApp insiders executed minimal open-market sales totaling $151K (0.0006% of market cap), dwarfed by routine non-cash equity transactions (exercises, tax withholdings, grants). The activity is negligible and provides no material trading signal.

Key Financial Metrics

Direction
selling
Total Value
$151.0K
Insiders
2

Key Facts

  • Open-market sales: $151K from 2 insiders (O'Callahan $118K, De Lorenzo $33K)
  • Non-cash transactions include options exercises, tax withholdings, and grants totaling over $4M in notional value but $0 economic impact
  • Market cap: $23.8B; insider sales represent ~0.0006% of market cap
  • Cluster coincides with typical equity compensation cycles (May grant/vesting dates)

Financial Impact

Negligible — $151K in total open-market sales, less than 0.001% of market cap

Market Snapshot

Exchange
Nasdaq
Sector
Computer Storage Devices
Analyst Consensus
43% bullish (28 analysts)

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NTAP-1779309060419
8 reports for NTAP
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+60▲ +45.23%Mar 3, 2026
Filters
Rows
Reports for NTAP — sortable, filterable
TypeNow
Sep 14, 2026
18d ago
Insider Cluster
NEUTRAL ★ 3/10
$188.28 $189.93▲ +0.88%▲ +1.34%$226.27 (+20.18%)
Sep 2, 2026
4w ago
8-K
BULLISH ★ 8/10
$185.38 $185.59▲ +0.11%▲ +0.50%$226.27 (+22.06%)
Aug 19, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$192.71 $192.27▼ −0.23%▼ −0.63%$226.27 (+17.42%)
Jun 5, 2026
16w ago
Insider Cluster
NEUTRAL ★ 3/10
$170.31 $165.00▼ −3.12%▼ −2.82%$226.27 (+32.86%)
May 28, 2026
18w ago
8-K
BULLISH ★ 7/10
$174.29 $179.70▲ +3.10%▲ +2.83%$226.27 (+29.82%)
May 20, 2026
19w ago
Insider Cluster
NEUTRAL ★ 2/10
$123.95 $139.36▲ +12.43%▲ +11.99%$226.27 (+82.55%)
Mar 3, 2026
30w ago
Court Ruling
BULLISH ★ 6/10
$98.29 $99.04▲ +0.77%▲ +0.01%$226.27 (+130.21%)
Feb 28, 2026
30w ago
Institutional Cluster
BULLISH ★ 7/10
$99.64 $98.29▼ −1.36%▼ −0.44%$226.27 (+127.09%)
Showing 8 of 8

US Market Status

Market Closed — Opens Mon (65h 2m)

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Report published May 20, 2026