NTAP NetApp, Inc.
Price Chart
Executive Summary
Two NetApp insiders sold a combined $1.32M in open-market transactions within a week of the company's record Q4 FY2026 earnings report. The sales are small relative to NetApp's $35.3B market cap (0.004%) and are likely routine post-earnings diversification, not a bearish signal.
Key Financial Metrics
Actionable Insight
The sales are immaterial in size and likely reflect routine post-earnings portfolio rebalancing. Monitor for any larger insider sales or a change in the buyback execution pace, but no immediate trading action is warranted.
Key Facts
- Director Gerald Held sold 7,132 shares at $180 for $1.28M on June 3, 2026.
- VP & Controller Daniel De Lorenzo sold 225 shares at $171.09 for $38,495 on June 1, 2026.
- Total insider sales of $1.32M represent ~0.004% of NetApp's $35.3B market cap.
- Sales occurred 4-6 days after NetApp reported record Q4 FY2026 revenue of $1.95B (+12% YoY) and non-GAAP EPS of $2.43 (+26% YoY).
- No insider purchases were reported in the cluster window.
Financial Impact
Insider sales of $1.32M are trivial relative to $35.3B market cap (0.004%).
Risk Factors
- Insider sales could accelerate if the stock continues to rally from recent highs.
- No insider buying alongside strong results may suggest management sees limited near-term upside.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NTAP-1780693295071 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
9d ago
|
Insider Cluster
| $167.08 awaiting T+5 | awaiting T+5 | — | $161.61 (−3.27%) |
|
May 28, 2026
17d ago
|
8-K
| $174.29 $181.08 | ▲ +3.90% | ▲ +4.19% | $161.61 (−7.28%) |
|
May 20, 2026
25d ago
|
Insider Cluster
| $123.95 $174.29 | ▲ +40.61% | ▲ +38.76% | $161.61 (+30.38%) |
|
Mar 3, 2026
14w ago
|
Court Ruling
| $98.29 $96.42 | ▼ −1.90% | ▼ −1.43% | $161.61 (+64.43%) |
|
Feb 28, 2026
15w ago
|
Institutional Cluster
| $99.64 $100.10 | ▲ +0.46% | ▲ +1.67% | $161.61 (+62.19%) |
US Market Status
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