Market Cap
$41.1B
NTAP
NetApp, Inc.
$222.88 ▲ +3.64%
Prev close $215.05Market cap$41.1B
ConsensusHold
12-mo target$198.25 (-11.1%)
▲ Neutral
Analyst conviction 5/10
Insider Selling Cluster (2 insiders)High Impact Filing (8/10)27 New Institutional Positions23 Institutional Exits Software & IT
Snapshot
The big-picture read on NTAP right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Hold (46%)
Inst. Holders
50 funds
Inst. Value
$22.4B
Inst. Activity
27 buys / 23 sells
Insider Activity
$0.00 buy / $31.4M sell
Insider Net $
-$31.4M
Social Sentiment
53° Neutral
SEC Reports
8
Congressional
1 trades
Price chart 30d +23.3%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Short Volume: NTAP — 67.0% short (0.8M / 1.1M)
Short: 766,366 | Exempt: 2,123 | TRF Vol: 1,144,428 | Short Ratio: 67.0% | Off-exchange volume (dark
Sep 29, 2026 Insider
Kurian George sold 50,000 shares
CEO @ $209.95 ($10.5M)
Sep 24, 2026 Insider
Kurian George sold 37,000 shares
CEO @ $199.95 ($7.4M)
Sep 21, 2026 Insider
Sep 15, 2026 SEC Ahuja Deepak sold 3,450 shares
Director @ $200.00 ($690.0K)
Two NetApp insiders sold a combined $1.34M in open-market sales within 12 days of a record earnings beat (+30% YoY reven
CLUSTER — Impact 3/10
NetApp reported a record Q1 FY2027 with revenue of $2.025B (+30% YoY) and GAAP EPS of $1.88 (+63% YoY), significantly ex
8-K — Impact 8/10
NetApp President Cesar Cernuda sold ~$533K in open-market sales over two days (Aug 17), while EVP O'Callahan sold ~$194K
CLUSTER — Impact 2/10
Jun 30, 2026 Inst.
NORGES BANK — NEW
4,170,849 shares ($645.5M)
Analyst ratings buy % -4.2%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
46% rate it Buy or better · 28 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 30, 2026 | B of A Securities | MAINTAIN | Neutral | 54% |
| Sep 3, 2026 | Northland Capital Markets | MAINTAIN | Outperform | 51% |
| Sep 3, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| Sep 3, 2026 | TD Cowen | REITERATE | Buy | 56% |
| Sep 3, 2026 | UBS | MAINTAIN | Neutral | 55% |
| Sep 3, 2026 | Wells Fargo | MAINTAIN | Equal-Weight | 54% |
| Sep 3, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | 55% |
| Sep 3, 2026 | Barclays | MAINTAIN | Overweight | 54% |
| Sep 3, 2026 | Wedbush | MAINTAIN | Neutral | 57% |
| Sep 3, 2026 | Susquehanna | MAINTAIN | Neutral | 56% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 3 | 10 | 15 | 0 | 0 | 46% | |
| Aug 1, 2026 | 3 | 10 | 14 | 1 | 0 | 46% | |
| Jul 1, 2026 | 3 | 10 | 14 | 1 | 0 | 46% | |
| Jun 1, 2026 | 3 | 9 | 15 | 1 | 0 | 43% | |
| May 1, 2026 | 3 | 9 | 15 | 1 | 0 | 43% | |
| Apr 1, 2026 | 3 | 10 | 14 | 1 | 0 | 46% | |
| Mar 1, 2026 | 3 | 11 | 13 | 1 | 0 | 50% | |
| Feb 1, 2026 | 3 | 11 | 13 | 1 | 0 | 50% |
Price targets
Where 16 covering analysts think NTAP trades over the next 12 months.
$198.25 -11.1% upside Sell
Current$222.88 Low$170.00 Median$197.00 High$220.00 16 analysts
$170.00$220.00
Analyst rating Buy· 2.3/5 as of Oct 2, 2026
Social media sentiment mood +7.1%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
53°
Neutral
BearishNeutralBullish
Recent posts
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
8 SEC filing reports analyzed · 4 bullish, 0 bearish, 0 mixed, 4 neutral · avg impact 4.8/10.
NEUTRALCLUSTER3/10
Two NetApp insiders sold a combined $1.34M in open-market sales within 12 days of a record earnings
Sep 15, 2026
BULLISH8-K8/10
NetApp reported a record Q1 FY2027 with revenue of $2.025B (+30% YoY) and GAAP EPS of $1.88 (+63% Yo
Sep 2, 2026
NEUTRALCLUSTER2/10
NetApp President Cesar Cernuda sold ~$533K in open-market sales over two days (Aug 17), while EVP O'
Aug 19, 2026
NEUTRALCLUSTER3/10
Two NetApp insiders sold a combined $1.32M in open-market transactions within a week of the company'
Jun 5, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: NTAP — 67.0% short (0.8M / 1.1M)
Short: 766,366 | Exempt: 2,123 | TRF Vol: 1,144,428 | Short Ratio: 67.0% | Off-exchange volume (dark pool + OTC)
Sep 30, 2026
short_volume
Short Volume: NTAP — 76.9% short (1.1M / 1.5M)
Short: 1,117,065 | Exempt: 35 | TRF Vol: 1,453,245 | Short Ratio: 76.9% | Off-exchange volume (dark pool + OTC)
Sep 29, 2026
short_volume
Short Volume: NTAP — 65.5% short (0.7M / 1.1M)
Short: 730,055 | Exempt: 851 | TRF Vol: 1,114,893 | Short Ratio: 65.5% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
short_volume
Short Volume: NTAP — 68.9% short (0.6M / 0.9M)
Short: 614,513 | Exempt: 13 | TRF Vol: 892,160 | Short Ratio: 68.9% | Off-exchange volume (dark pool + OTC)
Sep 25, 2026
short_volume
Short Volume: NTAP — 59.5% short (0.3M / 0.6M)
Short: 342,780 | Exempt: 4 | TRF Vol: 576,162 | Short Ratio: 59.5% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $2.60 | $2.47–$2.72 | 26.8% | +20.4% | 14↑ 0↓ | $2.1B | 18 |
| Next Q | $2.37 | $2.17–$2.82 | 11.6% | +4.7% | 14↑ 0↓ | $2.0B | 18 |
| Current FY | $10.01 | $9.84–$11.00 | 23.1% | +10.8% | 15↑ 0↓ | $8.2B | 19 |
| Next FY | $11.12 | $10.55–$12.72 | 11.1% | +10.3% | 14↑ 0↓ | $8.7B | 19 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $2.600 | — |
| 7d ago | $2.600 | — |
| 30d ago | $2.159 | +0.440 |
| 60d ago | $2.139 | +0.461 |
| 90d ago | $2.139 | +0.461 |
Institutional ownership
Which big funds own NTAP (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $22.4B total value (144,654,706 shares) as of 2026-Q2. Top holders: BlackRock,, VANGUARD, VANGUARD. Net buying activity: 27 institutions added/increased vs 23 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 18,901,321 | $2.9B | 13.1% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 12,885,538 | $2.0B | 8.9% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 12,276,980 | $1.9B | 8.5% | — |
| STATE STREET CORP | 9,921,533 | $1.5B | 6.9% | — |
| PRIMECAP MANAGEMENT CO/CA/ | 9,016,690 | $1.4B | 6.2% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 6,368,156 | $986.5M | 4.4% | — |
| AMERIPRISE FINANCIAL INC | 4,677,207 | $723.9M | 3.2% | — |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 4,444,057 | $687.8M | 3.1% | — |
| NORGES BANK | 4,170,849 | $645.5M | 2.9% | NEW |
| WELLINGTON MANAGEMENT GROUP LLP | 3,860,019 | $597.4M | 2.7% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 4,170,849 | — | $645.5M |
| JANE STREET GROUP, LLC | DOUBLED | 8,382 | 2,388,974 | +28401.2% | $369.7M |
| CITIGROUP INC | TRIM | 3,776,466 | 2,010,726 | -46.8% | $311.2M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | ADD | 988,873 | 1,539,398 | +55.7% | $238.2M |
| VICTORY CAPITAL MANAGEMENT INC | TRIM | 2,210,284 | 1,517,444 | -31.3% | $234.8M |
| Nuveen, LLC | ADD | 881,186 | 1,211,023 | +37.4% | $187.4M |
| Robeco Institutional Asset Management B.V. | ADD | 635,352 | 984,362 | +54.9% | $152.3M |
| SCHRODER INVESTMENT MANAGEMENT GROUP | ADD | 625,340 | 839,821 | +34.3% | $130.0M |
| LAZARD ASSET MANAGEMENT LLC | DOUBLED | 315,879 | 826,574 | +161.7% | $127.9M |
| FMR LLC | TRIM | 1,284,218 | 758,897 | -40.9% | $117.4M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
14 insiders, 50 transactions. Net -$31.4M — $0.00 bought, $31.4M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 29, 2026 | Kurian George | CEO | SELL | 50,000 | $209.95 | $10.5M |
| Sep 24, 2026 | Kurian George | CEO | SELL | 37,000 | $199.95 | $7.4M |
| Sep 21, 2026 | Ahuja Deepak | Director | SELL | 3,450 | $200.00 | $690.0K |
| Sep 21, 2026 | Kurian George | CEO | SELL | 13,000 | $200.01 | $2.6M |
| Sep 14, 2026 | Ahuja Deepak | Director | SELL | 3,526 | $194.04 | $684.2K |
| Sep 14, 2026 | Kurian George | CEO | SELL | 11,616 | $190.28 | $2.2M |
| Sep 14, 2026 | Kurian George | CEO | SELL | 12,681 | $191.25 | $2.4M |
| Sep 14, 2026 | Kurian George | CEO | SELL | 12,845 | $192.11 | $2.5M |
| Sep 14, 2026 | Kurian George | CEO | SELL | 1,370 | $193.34 | $264.9K |
| Sep 14, 2026 | Kurian George | CEO | SELL | 1,488 | $194.04 | $288.7K |
Congressional trades
NTAP trades disclosed by members of Congress, with disclosure delay.
1 members · 1 buys / 0 sells
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Feb 27, 2026 | John Boozman | R | SENATE | BUY | $1,001 - $15,000 | NetApp Inc | Mar 6, 2026(8d) |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for NTAP.
Shares short
10,146,420
Settlement Sep 15, 2026
Change vs prior
-5.6%
Semi-monthly cycle
Days to cover
3.6
At avg daily volume
Of shares outstanding
≈5.2%
Estimate — not % of float
All NTAP filing & press-release reports (8)
- CLUSTER reportSep 15, 2026
- 8-K reportSep 2, 2026
- CLUSTER reportAug 19, 2026
- CLUSTER reportJun 5, 2026
- 8-K reportMay 28, 2026
- CLUSTER reportMay 20, 2026
- COURT-RULING reportMar 27, 2026
- INST-CLUSTER reportFeb 28, 2026