Today it was reported that a Director at NetApp (NTAP), Gerald Held, exercised options to sell 7,000 NTAP shares at $34.52 a share, for a total transaction value of $330.6K. The options were close to expired and Gerald Held disposed stocks.
In addition to Gerald Held, one other NTAP executive reported Sell trades in the last month.
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The company has a one-year high of $88.08 and a one-year low of $44.55. NTAP’s market cap is $11.2B and the company has a P/E ratio of 11.98. The Company has a Price to Book ratio of 12.9553.
NTAP is a controversial stock, with 7 analysts recommending Buy, while 3 recommends selling the stock. Three different firms, including Citigroup and Cowen & Co., currently also have a Sell rating on the stock.
The insider sentiment on NetApp has been negative according to 41 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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NetApp, Inc. engages in the design, manufacture, marketing, and technical support of storage and data management solutions. It offers cloud data services, data storage software, data backup and recovery, all-flash storage, converged systems, data infrastructure management, ONTAP data security, and hybrid flash storage.
