NetApp, Inc. is an American hybrid cloud data services and data management company. NetApp offers cloud data services for management of applications and data both online and physically. n addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services.
Company profile
Ticker
NTAP
Exchange
Website
CEO
George Kurian
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NETWORK APPLIANCE INC
SEC CIK
Corporate docs
Subsidiaries
NetApp Argentina S.R.L. • NetApp Australia • Instaclustr Pty. Ltd. • NetApp Austria GmbH • BYMS International, Inc. • NetApp Belgium BVBA • NetApp Global Limited • NetApp Global Holdings Ltd. • NetApp International Holdings Ltd. • NetApp Brasil Solucoes de Gerenciamento e Armazenamento de Dados Ltda ...
IRS number
770307520
NTAP stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
9 Apr 24
S-3ASR
Automatic shelf registration
29 Feb 24
10-Q
2024 Q3
Quarterly report
29 Feb 24
8-K
NetApp reports third quarter of fiscal year 2024 results
29 Feb 24
10-Q
2024 Q2
Quarterly report
30 Nov 23
8-K
NetApp reports second quarter of fiscal year 2024 results
28 Nov 23
8-K
NetApp Appoints Anders Gustafsson to the Board of Directors
16 Nov 23
S-8
Registration of securities for employees
15 Sep 23
8-K
Departure of Directors or Certain Officers
14 Sep 23
10-Q
2024 Q1
Quarterly report
29 Aug 23
Transcripts
NTAP
Earnings call transcript
2024 Q3
29 Feb 24
NTAP
Earnings call transcript
2024 Q2
28 Nov 23
NTAP
Earnings call transcript
2024 Q1
23 Aug 23
NTAP
Earnings call transcript
2024 Q1
13 Aug 23
NTAP
Earnings call transcript
2023 Q4
31 May 23
NTAP
Earnings call transcript
2023 Q3
22 Feb 23
NTAP
Earnings call transcript
2023 Q2
29 Nov 22
NTAP
Earnings call transcript
2023 Q1
24 Aug 22
NTAP
Earnings call transcript
2022 Q4
2 Jun 22
NTAP
Earnings call transcript
2022 Q3
24 Feb 22
Latest ownership filings
4
George Kurian
17 Apr 24
4
MICHAEL J BERRY
17 Apr 24
144
Notice of proposed sale of securities
15 Apr 24
4
Elizabeth M O'Callahan
12 Apr 24
144
Notice of proposed sale of securities
10 Apr 24
3
Lorenzo Daniel De
9 Apr 24
4
CESAR CERNUDA
3 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
4
George Kurian
21 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Jan 23 | |
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Diluted EPS |
Annual (USD) | Apr 23 | Apr 22 | Apr 21 | Apr 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.94 bn | 1.94 bn | 1.94 bn | 1.94 bn | 1.94 bn | 1.94 bn |
Cash burn (monthly) | 28.33 mm | 61.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 168.22 mm | 363.65 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.77 bn | 1.58 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 62.6 | 25.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
88.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 662 |
Opened positions | 94 |
Closed positions | 58 |
Increased positions | 215 |
Reduced positions | 245 |
13F shares | Current |
---|---|
Total value | 13.80 tn |
Total shares | 182.04 mm |
Total puts | 2.44 mm |
Total calls | 2.12 mm |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 26.82 mm | $2.04 tn |
BLK Blackrock | 18.34 mm | $1.39 tn |
Primecap Management | 15.24 mm | $1.16 tn |
STT State Street | 9.11 mm | $691.33 bn |
Capital International Investors | 6.88 mm | $521.68 bn |
AMP Ameriprise Financial | 6.24 mm | $473.34 bn |
Geode Capital Management | 5.28 mm | $400.33 bn |
Beutel, Goodman & Co | 4.38 mm | $331.92 bn |
First Trust Advisors | 3.58 mm | $271.97 bn |
Arrowstreet Capital, Limited Partnership | 2.98 mm | $225.87 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Berry Michael J | Common Shares | Payment of exercise | Dispose F | Yes | No | 102.37 | 10,377 | 1.06 mm | 163,752 |
15 Apr 24 | Berry Michael J | Common Shares | Option exercise | Acquire M | Yes | No | 0 | 29,220 | 0.00 | 174,129 |
15 Apr 24 | Berry Michael J | RSU Common Shares | Option exercise | Dispose M | No | No | 0 | 29,220 | 0.00 | 0 |
15 Apr 24 | Kurian George | Common Shares | Sell | Dispose S | No | Yes | 103.39 | 1,439 | 148.78 k | 252,702 |
15 Apr 24 | Kurian George | Common Shares | Sell | Dispose S | No | Yes | 103.11 | 7,061 | 728.06 k | 254,141 |
10 Apr 24 | Elizabeth M O'Callahan | Common Shares | Sell | Dispose S | No | Yes | 103.02 | 871 | 89.73 k | 9,601 |
1 Apr 24 | Cesar Cernuda | Common Shares | Sell | Dispose S | No | Yes | 105.03 | 22,000 | 2.31 mm | 43,072 |
News
Alphabet, NetApp And 2 Other Stocks Insiders Are Selling
18 Apr 24
NetApp Partners With Google Cloud To Maximize Flexibility For Cloud Data Storage
10 Apr 24
NetApp, Zoom Video And 2 Other Stocks Insiders Are Selling
4 Apr 24
Nvidia Reveals Blackwell GPU, Highlights Partnerships With Top Companies At GTC: 'The Whole Industry Is Gearing Up'
18 Mar 24
Citigroup Maintains Neutral on NetApp, Raises Price Target to $110
5 Mar 24
Press releases
NetApp's 2024 Cloud Complexity Report Reveals AI Disrupt or Die Era Unfolding Globally
23 Apr 24
NetApp Partners with Google Cloud to Maximize Flexibility for Cloud Data Storage
10 Apr 24
NetApp Wins Google Cloud Technology Partner of the Year Award for Infrastructure - Storage
8 Apr 24
NetApp Empowers Customers to Securely "Talk to Their Data" in Collaboration with NVIDIA
18 Mar 24
NetApp Turbocharges AI Innovation with Intelligent Data Infrastructure
5 Mar 24