On December 30, 2024, Cesar Cernuda, President of NetApp Inc's branch, executed a sale of 22,000 shares of NetApp Inc (NTAP, Financial). Following this transaction, the insider now holds 27,099 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. It offers a range of products and services that help businesses manage and store their data efficiently.
Over the past year, Cesar Cernuda has sold a total of 88,000 shares and has not made any purchases. The insider transaction history for NetApp Inc indicates that there have been no insider buys in the past year, while there have been 37 insider sells.
On the day of the recent sale, shares of NetApp Inc were trading at $114.99, giving the stock a market cap of $23,599.807 million. The company's price-earnings ratio stands at 21.34, which is lower than the industry median of 23.265 but higher than the company's historical median price-earnings ratio.
The GF Value for NetApp Inc is estimated at $84.40, resulting in a price-to-GF-Value ratio of 1.36. This suggests that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as 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.
