It’s Not Over Yet For Netapp Inc (NASDAQ: NTAP)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Netapp Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Computer Hardware industry. The current market capitalization of Netapp Inc is $25.32B. A total of 1.5 million shares were traded on the day, compared to an average of 1.72M shares.

In the most recent transaction, Kurian George sold 8,500 shares of NTAP for 119.04 per share on Feb 18 ’25. After the transaction, the CEO now owns 266,765 company shares. In a previous transaction on Feb 18 ’25, GEORGE KURIAN bought 8,500 shares at 119.04 per share.

Among the insiders who sold shares, O’Callahan Elizabeth M disposed of 452 shares on Feb 10 ’25 at a per-share price of $120.75. This resulted in the EVP, Chief Legal Officer holding 11,553 shares of NTAP after the transaction. In another insider transaction, ELIZABETH O’CALLAHAN bought 452 shares at $120.75 per share on Feb 10 ’25.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Netapp Inc pays an annual dividend of $2.06, resulting in a dividend yield of 1.65%, and it has a price to earnings (P/E) ratio of 22.85. NTAP’s most recent ex-dividend date was 1.64% when it declared a $0.52 quarterly dividend that was paid in cash on 1/3/2025. Previously, the company paid the dividend on 10/4/2024 with an ex-dividend date of 1.58%. The NTAP stock dividend was $0.52 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, NTAP has a high of $135.45 and a low of $83.80.

As of this writing, NTAP has an earnings estimate of $1.91 per share for the current quarter. EPS was calculated based on a consensus of 17.0 estimates, with a high estimate of $1.95 per share and a lower estimate of $1.88.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NTAP’s latest balance sheet shows that the firm has $4.13B in Cash & Short Term Investments as of fiscal 2022. There were $2.94B in debt and $3.95B in liabilities at the time. Its Book Value Per Share was $4.39, while its Total Shareholder’s Equity was $838.00M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NTAP is Buy with a score of 3.53.

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