NTAP — NetApp Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About NetApp Inc

NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror … Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$142.74
Market Cap$23.56B
Float196.1M
Shares Outstanding197.3M
P/E (Forward)13.53
P/E (TTM)20.23
Price/Sales (TTM)3.66
vs. Analyst Target-17.6% to analyst PT
Profit Margin18.07%
Operating Margin (TTM)25.16%
Revenue (TTM)$6.71B
Earnings Growth (YoY)16.00%
Dividend Rate2.1%
Analyst Target Price$117.60 (20 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $5.41B $819M $3.62B $1.24B
2021 $5.74B $730M $3.81B $1.29B
2022 $6.32B $937M $4.22B $1.36B
2023 $6.36B $1.27B $4.21B $1.43B
2024 $6.27B $986M $4.43B $1.58B
2025 $6.57B $1.19B $4.61B $1.69B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Apr 2025 $1.73B $340M
Jul 2025 $1.56B $233M
Oct 2025 $1.71B $305M
Jan 2026 $1.71B $334M

Ownership & Float

Insider Ownership0.6%
Institutional Ownership105.3%
Short Float11.0%
% of All Funds Holding9.83%
Number of Funds Holding808

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$114.70Near-term / short-term trend
Weekly40-Week SMA$111.20Medium-term trend
Weekly80-Week SMA$108.73Cyclical trend (business cycle)
Weekly200-Week SMA$95.64Secular trend (multi-year)
Monthly10-Month SMA$111.90Near-term monthly trend
Monthly20-Month SMA$109.12Medium-term monthly trend
Monthly40-Month SMA$100.08Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$111.00 support 1.15x 0 months ago
$90.00 support 1.14x 11 months ago

Historical Earnings Reactions (121 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.49% -0.40% 47.11% 18.81% -19.68%
1 Day 0.26% -0.11% 48.76% 27.66% -20.91%
1 Week 0.19% -0.38% 48.76% 48.37% -39.22%
2 Weeks 0.88% -0.48% 47.11% 40.12% -48.70%
1 Month 1.55% 0.97% 51.24% 41.63% -39.95%

Next earnings: May 28, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-0.8%51.6%31
Feb-1.4%38.7%31
Mar0.8%54.8%31
Apr1.7%58.1%31
May0.9%63.3%30
Jun1.1%46.7%30
Jul-0.3%43.3%30
Aug5.9%66.7%30
Sep0.3%60.0%30
Oct5.8%56.7%30
Nov6.9%60.0%30
Dec6.9%51.6%31

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.05% 50.8% 1442
Tuesday 0.08% 49.9% 1577
Wednesday 0.20% 53.5% 1575
Thursday 0.14% 51.4% 1543
Friday 0.14% 50.8% 1538

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 105.3%

Insider Transactions — Smart Summary

Total insider ownership: 0.6%

12-Month Insider Activity Summary

Total Filings22
Net Value-$5.3M
Net Shares Change-47,746
% of Float-0.0%
C-Suite Filings22
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Kurian George CEO -$3.8M 4 1 sell
O'Callahan Elizabeth M EVP, Chief Admin. Officer -$418,100 4 N/A
De Lorenzo Daniel VP, Controller and CAO -$58,663.68 2 N/A

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-06-05 – 2025-06-18 3 3 -$949,374.22 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-09-19 Kurian George CEO -$1.1M Transaction at $122.91, now +16.1%
2025-08-20 Kurian George CEO -$925,225 Transaction at $108.85, now +31.1%
2025-07-23 Kurian George CEO -$918,680 Transaction at $108.08, now +32.1%
2025-06-18 Kurian George CEO -$865,130 Transaction at $101.78, now +40.2%
2026-05-20 De Lorenzo Daniel VP, Controller and CAO -$33,000 Transaction at $120.00, now +19.0%
2026-05-13 O'Callahan Elizabeth M EVP, Chief Admin. Officer -$117,730 Transaction at $117.73, now +21.2%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for NetApp Inc (NTAP) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for NTAP on Trend Edge →