--- title: "Weekly Recap | NetApp -0.75%, insider sales meet a rebound" type: "News" locale: "en" url: "https://longbridge.com/en/news/299513065.md" description: "NetApp fell 0.75% this week to close at $197.79, against a 0.08% dip in the S&P 500, so the stock trailed the benchmark by about 0.67 percentage point. The week started soft: Monday opened at $194.04 and slid to $188.18 intraday, and Wednesday marked the weekly low at $186.13. From Thursday the stock bounced back, touching $199.15 before Friday’s higher-volume pullback to settle at $197.79. Weekly amplitude was 6.71%, with Friday’s turnover visibly higher than the prior four sessions." datetime: "2026-09-19T06:28:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299513065.md) - [en](https://longbridge.com/en/news/299513065.md) - [zh-HK](https://longbridge.com/zh-HK/news/299513065.md) generator: "portal-rs" --- # Weekly Recap | NetApp -0.75%, insider sales meet a rebound ## The Week NetApp fell 0.75% this week to close at $197.79, against a 0.08% dip in the S&P 500, so the stock trailed the benchmark by about 0.67 percentage point. The week started soft: Monday opened at $194.04 and slid to $188.18 intraday, and Wednesday marked the weekly low at $186.13. From Thursday the stock bounced back, touching $199.15 before Friday’s higher-volume pullback to settle at $197.79. Weekly amplitude was 6.71%, with Friday’s turnover visibly higher than the prior four sessions. ## Key Events The narrative this week centres on insider selling alongside a rebound. On Monday 14 September, NetApp shares rose in sympathy with Dell Technologies and Hewlett Packard Enterprise. Two insider disposals followed: Elizabeth O’callahan sold 1,000 shares on 15 September, and CEO George Kurian disposed of about $7.68 million in common shares on 17 September. By Friday 18 September, technical screens flagged a MACD golden cross above zero, though on thin volume. The four material filings this week were Form 144 and Form 4 items tied to insider sale plans or completed disposals. ## Analyst Ratings Of the 20 firms covering the stock, 6 assign buy ratings, 2 assign overweight, and 12 assign hold, with no sell or underweight ratings. The consensus rating is buy, and the consensus target price is $197, about 0.4% below the latest close. The target range runs from $170 to $219, showing wide dispersion. Within the computer hardware, storage and peripherals industry, NetApp ranks 8th out of 32 names, and its 20 covering brokers sit well above the industry median of 5. ## The Week Ahead The macro calendar is fairly dense. The Richmond Fed composite index arrives on Tuesday 22 September, with a prior reading of 4. Wednesday 23 September brings EIA weekly crude and Cushing crude inventories, with prior prints of -0.64 and -0.342 respectively. Thursday 24 September is busier, with initial jobless claims, the current account balance, annualised new home sales, and EIA natural gas storage. On the company front, NetApp’s next results are fiscal Q2 2027 earnings due after the close on 1 December, with consensus estimates of EPS $2.1124 and revenue of $2.101 billion. ## In Short The tension this week is between insider selling and a price rebound. Broker ratings lean constructive but not aggressive, with the consensus target slightly below spot and a wide target range. On the latest trading day, medium-sized and retail money turned net sellers while large-lot flow was marginally net positive. The stock is still trading near its August highs, so the question ahead is whether this rebound can hold above $200 without meaningful fresh inflows, and whether December-quarter earnings confirm storage demand. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [NTAP.US](https://longbridge.com/en/quote/NTAP.US.md) ## Related News & Research - [NetApp, Inc. $NTAP Shares Acquired by WINTON GROUP Ltd](https://longbridge.com/en/news/298803066.md) - [NetApp’s Q4 2026 Earnings: What to Expect](https://longbridge.com/en/news/283983552.md) - [Micron's Memory Boom Is Showing Up in Prices](https://longbridge.com/en/news/300027819.md) - [Prediction: A $1,000 Investment in Nebius Stock Will Be Worth This Much in 2028 (Hint: It Implies a Big Jump)](https://longbridge.com/en/news/300026118.md) - [McDonald's Stock Price Forecast: MCD Tumbles to 2022 Low, Will It Fall Further or Rebound?](https://longbridge.com/en/news/299996327.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**