Oppenheimer Asset Management Inc. Purchases New Position in NetApp, Inc. $NTAP

NodeGuardian · 2026-02-19T01:53:37+00:00

Oppenheimer Asset Management acquired 23,219 shares of NetApp, Inc. valued at $2.75 million. NetApp reported strong financial results, with a "Moderate Buy" rating from analysts despite recent insider selling and a stock dip.

NodeGuardian

2026-02-19 01:53:37

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Oppenheimer Asset Management Inc. has acquired a new stake in NetApp, Inc. (NASDAQ:NTAP), purchasing 23,219 shares valued at approximately $2.75 million during the third quarter. NetApp recently reported strong financial results, beating EPS and revenue estimates, and institutional investors now collectively own about 92.17% of the company’s stock. Despite a recent stock dip, analysts maintain a “Moderate Buy” consensus rating with an average target price of $123.93.Insider selling of NetApp stock by EVP Elizabeth M. O’callahan and CAO Lorenzo Daniel De was also reported, though overall insider ownership remains at 0.28%.

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