Investing In Netapp Inc (NASDAQ: NTAP): Why Should You?

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

The company is listed on the NASDAQ and operates within the Computer Hardware industry segment. The current market capitalization of Netapp Inc is $25.11B. A total of 2.34 million shares were traded on the day, compared to an average of 1.68M shares.

In the most recent transaction, De Lorenzo Daniel sold 299 shares of NTAP for 121.28 per share on Feb 19 ’25. After the transaction, the VP, Controller & CAO now owns 0 company shares. In a previous transaction on Feb 18 ’25, Kurian George sold 8,500 shares at 119.04 per share. NTAP shares that CEO owns now total 266,765.

Among the insiders who bought shares, GEORGE KURIAN acquired of 8,500 shares on Feb 18 ’25 at a per-share price of $119.04. In another insider transaction, O’Callahan Elizabeth M sold 452 shares at $120.75 per share on Feb 10 ’25. Company shares held by the EVP, Chief Legal Officer now total 11,553.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Netapp Inc pays an annual dividend of $2.06, resulting in a dividend yield of 1.67%, and it has a price to earnings (P/E) ratio of 22.66. 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.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, NTAP has a high of $135.45 and a low of $85.28.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. 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

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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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