Tuesday, 12 December, 2017

Evaluating Insider Trading And Ownership For NetApp, Inc. (NTAP)

Conrad Doyle | 07 December, 2017, 09:11

The stock has a market cap of $10.86 billion, a price-to-earnings ratio of 22.23 and a beta of 1.50. It offers flash; flash arrays that support data management; hybrid arrays to deploy the speed of flash storage; hybrid cloud; ONTAP cloud storage data management service; NetApp cloud sync hybrid data management Software as a Service; NetApp private storage for cloud; and AltaVault cloud-integrated solutions. It has a 20.86 P/E ratio.

NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide.

Gam Holding Ag decreased Blackhawk Network Hldgs Inc (HAWK) stake by 37.31% reported in 2017Q2 SEC filing. Finally, FTB Advisors Inc. raised its holdings in NetApp by 50.2% in the third quarter. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.38 billion.

Insider trading over the last 12 months, however, paints a different picture. Aircastle Limited (AYR) has risen 8.43% since December 4, 2016 and is uptrending. It has outperformed by 17.71% the S&P500. Two research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and fourteen have assigned a buy rating to the company's stock. Therefore 64% are positive. Netapp Inc. had 138 analyst reports since August 17, 2015 according to SRatingsIntel. Barclays Capital maintained NetApp, Inc. (NASDAQ:NTAP) on Thursday, August 17 with "Underweight" rating. DA Davidson upped their price objective on shares of NetApp from $53.00 to $56.00 and gave the company a buy rating in a research report on Tuesday, November 14th. (NASDAQ:NTAP) has "Hold" rating given on Monday, September 18 by KeyBanc Capital Markets. Maxim Group maintained it with "Buy" rating and $56.0 target in Friday, October 27 report. The stock of Blackhawk Network Holdings, Inc. Nasdaq.com's news article titled: "NetApp (NTAP) to Report Q2 Earnings: What's in the Cards?" with publication date: November 13, 2017 was also an interesting one. According to this momentum indicator, a reading above 70 suggests the stock is entering overbought territory and that the recent uptrend may be about to reverse. The rating was maintained by Citigroup with "Neutral" on Thursday, May 26. Bank of America downgraded Blackhawk Network Holdings, Inc. On average, analysts anticipate that NetApp will post $3.04 earnings per share for the current year. Jacobs Levy Equity Management has 837,540 shares for 0.72% of their portfolio. About 2.95 million shares traded. Hussman Strategic Advsr owns 101,200 shares or 0.9% of their U.S. portfolio. Jd Com Inc (NASDAQ:JD) was raised too. The rating has been disclosed in analysts note on Tuesday morning. Out of 13 Wall Street analysts rating NetApp, 4 give it "Buy", 2 "Sell" rating, while 7 recommend "Hold". NTAP's average trading volume during the past 20 days is lower than the average volume over the past 100 days, which could be an indication that investors are feeling less certain than usual about the direction of NTAP's future price movements. The stock's average target of $24 is -2.12% below today's ($24.52) share price. On Wednesday, August 16 the stock rating was maintained by Oppenheimer with "Hold". The firm earned "Overweight" rating on Tuesday, February 14 by Piper Jaffray.

NetApp, Inc (NetApp) provides software, systems and services to manage and store customer data. In the past 3-month period alone, shares of NTAP have appreciated +18.16 - or +47.81%. The firm has "Hold" rating by JMP Securities given on Thursday, May 26. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in shares of NetApp during the first quarter valued at $209,000. (NASDAQ:NTAP) earned "Hold" rating by Standpoint Research on Friday, September 30. As per Thursday, August 18, the company rating was maintained by BTIG Research. The firm earned "Underperform" rating on Wednesday, December 7 by Credit Suisse. FMR LLC now owns 3,044,302 shares of the data storage provider's stock valued at $121,924,000 after purchasing an additional 1,435,588 shares during the last quarter. About 2.95 million shares traded. It has outperformed by 52.23% the S&P500. Moreover, Twin Tree Mgmt L P has 0% invested in NetApp, Inc. (NASDAQ:NTAP). Smithfield Trust holds 0.01% or 2,325 shares in its portfolio. Hussman Strategic Advsrs invested in 101,200 shares or 0.9% of the stock.

Many value investors look for stocks with a high percent of insider ownership, under the theory that when management are shareholders, they will act in its own self interest, and create shareholder value in the long-term. Harber Asset Management Llc, a New York-based fund reported 151,022 shares.


  • What Do Analysts Say About Performance Food Group Company (PFGC)

    Finally, Victory Capital Management Inc. raised its holdings in shares of Performance Food Group by 1.1% during the third quarter. Chicago Equity Partners LLC acquired a new stake in Performance Food Group during the second quarter worth about $1,328,000.
    Overall Revenue at Lee Enterprises Sags; Digital Shows Strength

    Overall Revenue at Lee Enterprises Sags; Digital Shows Strength

    Total advertising and marketing services revenue decreased 10.2 percent in the quarter, and 10.6 percent for the fiscal year. Total operating revenue at the Davenport-based media company Lee Enterprises is down for the fiscal year.

    Emergency crews battling major industrial building fire in Burlington

    Police have closed a portion of Appleby Line beside the scene of the fire, as well as the Toronto-bound access to the QEW. Firefighters are working to extinguish a large fire at the Paletta International building in central Burlington.
  • WXYZ puts Malcom Maddox on leave after sexual harassment accusations

    Murri said the station is developing a timeline for investigating the accusations. Rideout also accused the station of covering up the claims.
    Jeffrey Tambor

    Jeffrey Tambor "Has No Plans to Quit" Transparent

    On Wednesday, a rep for Jeffrey Tambor revealed that the actor may not be leaving Transparent after all. He denied her claims , dismissing them as "baseless".
    Ryan Reynolds to Voice 'Detective Pikachu' in Live-Action 'Pokemon' Movie

    Ryan Reynolds to Voice 'Detective Pikachu' in Live-Action 'Pokemon' Movie

    In addition, Universal Pictures is named a distributor of the film outside Japan, whereas Toho will handle distribution there. Rob Letterman ( Goosebumps ) is directing the project, which is due to start shooting mid-January in London.
  • Raiders overcome early season slide to move into tie for 1st

    Raiders overcome early season slide to move into tie for 1st

    Defensively, the Raiders are yielding 23.2 points and 346.0 total yards (241.1 in passing and 104.9 in rushing) per game. That makes this a massive game for Oakland in terms of the division standings, because a sweep would win a tiebreaker.

    Child insurance funds to run out

    Funding for the Children's Health Insurance Program ran out in September, putting coverage at risk for millions of children. Since then, the commission has requested an extra $90 million from the federal government to keep CHIP through February.

    Edison International (EIX) Just Reaches 1 Year Low?

    The firm owned 1,215,268 shares of the utilities provider's stock after acquiring an additional 61,722 shares during the quarter. Over the past three months, Edison International insiders have been net buyers, dumping a net of -224,718 shares.
  • Stipe Miocic vs. Francis Ngannou set for UFC 220

    Stipe Miocic vs. Francis Ngannou set for UFC 220

    He tied the division's all-time record of two consecutive title defenses in May, in a knockout win over Junior dos Santos . The only time both undisputed titles were on the line on the same night was at UFC 44 in September 2003.

    American Express (AXP) Earns News Impact Rating of 0.12

    Currently, 488.88 million total shares are owned by the public and among those 0 million shares have been available to trade. Grantham Mayo Van Otterloo & Co Llc bought 135,761 shares as the company's stock declined 3.65% while stock markets rallied.

    Arista Networks, Inc. (ANET) SVP Marc Taxay Sells 2000 Shares

    Arista Networks, Inc . supplies cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Analysts await Arista Networks, Inc . "(ANET)" was reported by StockNewsTimes and is the sole property of of StockNewsTimes.

Price Target Analysis of Celgene Corporation (NASDAQ:CELG) Finally, BTIG Research reissued a "neutral" rating on shares of Celgene in a research report on Tuesday, September 5th. Df Dent Incorporated holds 3.03% of its portfolio in Celgene Corporation (NASDAQ: CELG ) for 884,391 shares.

Oakland A's ballpark plan dealt big blow Oakland A's ballpark plan dealt big blow Additionally, Sasaki, Snøhetta, and Studio T-Square will assist the A's in a community engagement process. It's unclear what the A's, who had recently named a design team for the proposed ballpark, will do next.

Kyrie Irving and Giannis Antetokounmpo Duel in Boston Kyrie Irving and Giannis Antetokounmpo Duel in Boston The Celtics thus withstood a 40-point eruption from Milwaukee's star, Giannis Antetokounmpo , who also had eight rebounds.

Analytical Preview of JPMorgan Chase & Co. (JPM) Market cap is just a fancy name for a straightforward concept: it is the market value of a company's outstanding shares. Heading into the stock price potential, Baidu, Inc. needs to grow just 13.48% to cross its median price target of $263.

What Recent Ownership Trends Suggest About Antero Resources Corporation (AR)'s Future Performance Finally, PNC Financial Services Group Inc. increased its holdings in shares of Antero Resources by 22.3% in the 2nd quarter. The stock of Antero Resources Corporation (NYSE:AR) has "Buy" rating given on Monday, November 6 by BMO Capital Markets.

Derek McInnes misses training after Rangers approach Derek McInnes misses training after Rangers approach The Ibrox club plan to return with a second offer of over £1million in compensation in a bid to move things along. What is clear is that Milne is determined not to lose his boss to his club's main rivals for second place.

WNYC places two hosts on leave for allegations of inappropriate conduct WNYC places two hosts on leave for allegations of inappropriate conduct Leonard Lopate and Johnathan Schwartz are the latest media figures swept up in the national reckoning over sexual harassment. Last week, famed "A Prairie Home Companion" host Garrison Keillor was let go from Minnesota Public Radio for the same reason.

RB Leipzig's debut Champions League campaign over after Besiktas defeat RB Leipzig's debut Champions League campaign over after Besiktas defeat Besiktas's victory took their tally at the top of the group to 14 points, with Porto taking second spot on 10 after a 5-2 win over Monaco .

Arshi wants to be captain Arshi wants to be captain Meanwhile, Arshi said she wanted to become the captain and would deliberately make Shilpa disqualify, and did exactly that. He even told Arshi that this would look very bad on national television which led to a war of words between the two.

Lyondellbasell Industries N (LYB) Holder Puplava Financial Services INC Has Decreased Holding Comerica Bancorporation invested 0.42% in 3M Company (NYSE:MMM). 14,000 are held by Laurion Capital Limited Partnership. Liberty Mutual Gru Asset Mngmt Inc invested 0.07% of its portfolio in LyondellBasell Industries N.V. (NYSE:LYB).

Today's Brokerage Rating: United States Steel Corporation (X), Five Below, Inc. (FIVE) Over the last ninety days, insiders bought 60,597 shares of company stock worth $1,656,892 and sold 19,265 shares worth $577,950. United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe.

Spirit Plans To Add 1000 New Jobs In Wichita Spirit Plans To Add 1000 New Jobs In Wichita The announcement solidifies Spirit's presence in Wichita "for decades to come", the company said in a news release. The five-year expansion calls for hiring 800 new employees by the end of 2018 and 200 more the following year.

Analyst's Viewpoint About Superior Energy Services, Inc. (SPN), Bioverativ Inc. (BIVV) They expect this year's earnings to fall -34.14% year-over-year to -$1.64, followed by -54.27% decline in the next year to -$0.75. The stock of Superior Energy Services, Inc. (NYSE: SPN ) has declined 25.14% since December 5, 2016 and is downtrending.

Hot Stock to Watch: PayPal Holdings, Inc. (PYPL) The credit services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.03. Nippon Life Global Investors Americas Inc.'s holdings in Paypal were worth $4,118,000 as of its most recent SEC filing.

Hot Stock to Watch: Texas Instruments Inc. (NASDAQ:TXN) Shares have moved $-2.61 over the past month and more recently, $-2.7 over the past week heading into the earnings announcement. Marvin & Palmer Associates Inc increased Alphabet Inc Class A stake by 1,062 shares to 4,402 valued at $4.09 million in 2017Q2.