In recent trading session, Netapp Inc (NASDAQ:NTAP) saw 1.24 million shares changing hands at last check today with its beta currently measuring 1.44. Company’s recent per share price level of $105.64 trading at $1.48 or 1.42% at last check today assigns it a market valuation of $21.17B. That most recent trading price of NTAP’s stock is at a discount of -28.22% from its 52-week high price of $135.45 and is indicating a premium of 32.0% from its 52-week low price of $71.84. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.39 million shares which gives us an average trading volume of 2.03 million if we extend that period to 3-months.
For Netapp Inc (NTAP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 16 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Netapp Inc (NASDAQ:NTAP) trade information
Upright in the green today for gaining 1.42%, in the last five days NTAP remained trading in the red while hitting it’s week-highest on Friday, 07/11/25 when the stock touched $105.64 price level, adding 0.31% to its value on the day. Netapp Inc’s shares saw a change of -18.98% in year-to-date performance and have moved -0.73% in past 5-day. Netapp Inc (NASDAQ:NTAP) showed a performance of 1.38% in past 30-days. Number of shares sold short was 8.19 million shares which calculate 3.24 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 118 to the stock, which implies a rise of 10.47% to its recent value today. Analysts have been projecting 106 as a low price target for the stock while placing it at a high target of 130. It follows that stock’s current price would drop -0.34% in reaching the projected high whereas dropping to the targeted low would mean a loss of -0.34% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 10.05% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 6.62% while estimates for its earnings growth in next 5 years are of 7.92%.
NTAP Dividends
Netapp Inc is more likely to be releasing its next quarterly report on 2025-May-29 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.97%, the share has a forward dividend of 2.08 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.57%.
Netapp Inc (NASDAQ:NTAP)’s Major holders
Insiders are in possession of 0.53% of company’s total shares while institution are holding 95.45 percent of that, with stock having share float percentage of 95.96%. Investors also watch the number of corporate investors in a company very closely, which is 95.45% institutions for Netapp Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at NTAP for having 25.77 million shares of worth $3.32 billion. And as of 2024-06-30, it was holding 12.5092 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 21.21 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.2957 of outstanding shares, having a total worth of $2.73 billion.
On the other hand, VANGUARD CHESTER FUNDS-Vanguard PRIMECAP Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 7.11 shares of worth $749.83 million or 3.55% of the total outstanding shares. The later fund manager was in possession of 6.42 shares on Mar 31, 2025 , making its stake of worth around $677.86 million in the company or a holder of 3.21% of company’s stock.
