An Evaluation Of Netapp Inc (NASDAQ: NTAP) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

NTAP belongs to the Technology sector of the NASDAQ while operating in the Computer Hardware industry. The current market capitalization of Netapp Inc is $17.52B. A total of 1.72 million shares were traded on the day, compared to an average of 2.32M shares.

In the most recent transaction, Kurian George sold 8,500 shares of NTAP for 81.83 per share on Apr 21 ’25. After the transaction, the CEO now owns 249,765 company shares. In a previous transaction on Apr 21 ’25, GEORGE KURIAN bought 8,500 shares at 81.83 per share.

Among the insiders who bought shares, ELIZABETH O’CALLAHAN acquired of 451 shares on Apr 10 ’25 at a per-share price of $83.14. In another insider transaction, GUSTAFSSON ANDERS bought 2,800 shares at $91.00 per share on Mar 27 ’25. Company shares held by the Director now total 6,348.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Netapp Inc pays an annual dividend of $2.08, resulting in a dividend yield of 2.45%, and it has a price to earnings (P/E) ratio of 15.71. NTAP’s most recent ex-dividend date was 1.76% when it declared a $0.52 quarterly dividend that was paid in cash on 4/4/2025. Previously, the company paid the dividend on 1/3/2025 with an ex-dividend date of 1.64%. The NTAP stock dividend was $0.52 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, NTAP has a high of $135.45 and a low of $71.84.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $4.90, while its Total Shareholder’s Equity was $838.00M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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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