On February 18, 2025, George Kurian, the Chief Executive Officer of NetApp Inc's subsidiary, sold 8,500 shares of NetApp Inc (NTAP, Financial). Following this transaction, the insider now owns 266,765 shares of the company. The details of this transaction can be found in the SEC Filing. NetApp Inc is a company that provides data management and storage solutions. The company offers a range of products and services that help businesses manage and store their data efficiently. NetApp Inc's solutions are designed to improve data accessibility, security, and performance. Over the past year, George Kurian has sold a total of 102,000 shares and has not purchased any shares. The insider transaction history for NetApp Inc indicates that there have been no insider buys in the past year, while there have been 39 insider sells. On the day of the recent sale, shares of NetApp Inc were trading at $119.04, giving the stock a market cap of $25,484.458 million. The company's price-earnings ratio is 23.04, which is lower than the industry median of 24.17 but higher than the company’s historical median price-earnings ratio. With a price of $119.04 and a GF Value of $85.25, NetApp Inc has a price-to-GF-Value ratio of 1.4. This indicates that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
