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NTAP $105.22

NTAP target price
105.22
0
110
NetApp, Inc.
Type
Public
Traded as
  • NASDAQ: NTAP
  • S&P 500 component
Industry Storage device
Founded 1992; 25 years ago (1992)
Founder David Hitz
James Lau
Michael Malcolm
Headquarters 495 East Java Drive
Sunnyvale, California
, United States
Area served
Worldwide
Key people
George Kurian (CEO)
Mike Nevens (Chairman of the Board)
Products Data storage hardware and software
Revenue Decrease $5.54 billion (2016)
Operating income
Decrease $348 million (2016)
Net income
Decrease $229 million (2016)
Total assets Increase $10.03 billion (2016)
Total equity Decrease $2.88 billion (2016)
Number of employees
10,700 (2016)
Website www.netapp.com/us/index.aspx

NetApp, Inc. is an American multinational storage and data management company headquartered in Sunnyvale, California. It has ranked in the Fortune 500 since 2012. Founded in 1992 with an IPO in 1995, NetApp offers software, systems and services to manage and store data, including its proprietary Data ONTAP operating system.

NetApp was founded in 1992 by David Hitz, James Lau, and Michael Malcolm. At the time, its major competitor was Auspex Systems. In 1994, NetApp received venture capital funding from Sequoia Capital. It had its initial public offering in 1995. NetApp thrived in the internet bubble years of the mid 1990s to 2001, during which the company grew to $1 billion in annual revenue. After the bubble burst, NetApp's revenues quickly declined to $800 million in its fiscal year 2002. Since then, the company's revenue has steadily climbed.

In 2006, NetApp sold the NetCache product line to Blue Coat Systems. In 2014, NetApp acquired Riverbed Technology's SteelStore line of data backup and protection products, which it later renamed as AltaVault. On June 1, 2015, Tom Georgens stepped down as CEO and was replaced by George Kurian.

In December 2015 (closing in January 2016), NetApp acquired flash storage vendor SolidFire for $870 million.

NetApp competes in the computer data storage hardware industry. In 2009, NetApp ranked second in market capitalization in its industry behind EMC Corporation and ahead of Seagate Technology, Western Digital, Brocade, Imation, and Quantum. In total revenue of 2009, NetApp ranked behind EMC, Seagate, Western Digital, and ahead of Imation, Brocade, Xyratex, and Hutchinson Technology. According to a 2014 IDC report, NetApp ranked second in the network storage industry "Big 5's list", behind EMC(DELL), and ahead of IBM, HP and Hitachi.

The line of NetApp filers has served as the company's flagship product from the very beginning. A filer is a type of disk-storage device which owns and controls a filesystem and presents files and directories to hosts over the network. This scheme is sometimes called network-attached storage, as opposed to the block storage which major storage vendors like IBM, EMC Corporation, and Hitachi Data Systems have traditionally provided.

NetApp's filers initially used NFS and SMB protocols based on standard local area networks (LANs), whereas block storage consolidation required storage area networks (SANs) implemented with the Fibre Channel (FC) protocol. In 2002, in an attempt to increase market share, NetApp added block-storage access as well. As of 2016 NetApp systems support it via FC protocol, the iSCSI protocol and the emerging Fibre Channel over Ethernet (FCoE) protocol.

The filers use NetApp's proprietary operating system called Data ONTAP which includes code from Berkeley Net/2 BSD Unix, Spinnaker Networks technology and other operating systems. Data ONTAP originally only supported NFS, but later added support for SMB, iSCSI and Fibre Channel (including Fibre Channel over Ethernet). In June 16, 2006 NetApp provided two variants of Data ONTAP. Data ONTAP 7G and a nearly complete rewrite called Data ONTAP GX, based upon grid technology acquired from Spinnaker Networks. In 2010 these software product lines merged into one OS - Data ONTAP 8, which folded Data ONTAP 7G onto the Data ONTAP GX cluster platform. Data ONTAP 8 has two distinct operating modes - 7-Mode and Cluster-Mode/Clustered DataONTAP/ONTAP.

NetApp's OnCommand management software controls and automates data-storage.

Previously known as Riverbed SteelStore after NetApp acquisition the product renamed to AltaVault. AltaVault is available in three forms: as hardware appliance, virtual appliance and cloud appliance. Data placed on NAS share on AltaVault deduplicated, compressed, encrypted and transferred to an Object Protocols like S3, thus AltaVault appears as transparent gateway for archiving data to a private or public cloud.

Storage system designed for SSD and scale-out architecture with ability to expand up to 100 nodes and provide access to data through SAN protocols iSCSI natively and Fiber Channel with two gateway nodes. This architecture does not have disk shelves like traditional storage systems and expands with adding nodes to the cluster. Each node have pre-installed SSD drives. Each node can have only one type of SSD drives with the same capacity. Each SolidFier cluster can have mix of different nodes. Such architecture allows to expand performance and capacity separately as needed. Also SolidFier have ability to set tree types of QoS for its LUNs: minimum, maximum and burst. Burst is used as a credits which was not used by the LUN while it was not received it's maximums.

Previously known as LSI Engenio after NetApp acquisition the product renamed to NetApp E-Series. It is a general purpose enterprise storage system with two controllers for SAN protocols like Fiber Channel, iSCSI, SAS and Infiniband (includes SRP, iSER, and NVMe over Fabrics protocol).

In November 2011, during the 2011 Syrian uprising, NetApp was named as one of several companies whose products were being used in the Syrian government crackdown. The equipment was allegedly sold to the Syrians by an authorized NetApp reseller.

On April 7, 2014, NetApp was notified by the US Department of Commerce "that it had completed its review of this matter and determined that NetApp had not violated the U.S. export laws", and that the file on the matter had been closed.

In September 2007, NetApp started proceedings against Sun Microsystems, claiming that the ZFS File System developed by Sun infringed its patents. The following month, Sun announced plans to countersue based on alleged misuse by NetApp of Sun's own patented technology. Several of NetApp's patent claims were rejected on the basis of prior art after re-examination by the United States Patent and Trademark Office. On September 9, 2010, NetApp announced an agreement with Oracle Corporation (the new owner of Sun Microsystems) to dismiss the suits.

NetApp was listed amongst Silicon Valley Top 25 Corporate Philanthropists in 2013.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q2 2023 2022-11-29 Future report Set alerts
Q1 2023 2022-08-24 1.20 1.20
Q4 2022 2022-06-01 1.42 1.42
Q3 2022 2022-02-23 1.44 1.44
Q2 2022 2021-11-30 1.28 1.28
Q1 2022 2021-08-25 1.15 1.15
Q4 2021 2021-06-02 1.17 1.17
Q3 2021 2021-02-24 1.10 1.10
Q2 2021 2020-12-01 1.05 1.05
Q1 2021 2020-08-26 0.73 0.73

Ratings

2016-06-29 Reiterated Rating BMO Capital Markets Neutral $26.00
2016-06-27 Reiterated Rating Robert W. Baird Neutral $26.00
2016-06-22 Initiated Coverage Summit Research Sell
2016-06-21 Reiterated Rating Summit Redstone Sell
2016-05-29 Reiterated Rating Oppenheimer Hold
2016-05-29 Reiterated Rating Oppenheimer Holdings Inc. Hold
2016-05-26 Reiterated Rating Brean Capital Hold
2016-05-26 Reiterated Rating BMO Capital Markets Market Perform $24.00 to $23.00
2016-05-26 Reiterated Rating Pacific Crest Sector Weight
2016-05-26 Reiterated Rating Deutsche Bank Hold $22.00
2016-05-26 Reiterated Rating Citigroup Inc. Neutral $26.00
2016-05-26 Reiterated Rating Barclays Underweight $23.00
2016-05-26 Reiterated Rating DA Davidson Buy $37.00 to $35.00
2016-05-26 Reiterated Rating Goldman Sachs Sell $24.00 to $23.00
2016-05-26 Reiterated Rating JMP Securities Hold $26.00 to $24.00
2016-05-26 Reiterated Rating Piper Jaffray Neutral $25.00 to $26.00
2016-05-26 Reiterated Rating Drexel Hamilton Hold $24.50
2016-05-26 Reiterated Rating Needham & Company LLC Hold
2016-05-26 Reiterated Rating Susquehanna Neutral $25.00 to $23.00
2016-05-26 Reiterated Rating Deutsche Bank AG Hold $22.00
2016-05-26 Reiterated Rating Barclays PLC Underweight $23.00
2016-05-26 Reiterated Rating Goldman Sachs Group Inc. Sell $24.00 to $23.00
2016-05-26 Reiterated Rating Piper Jaffray Cos. Neutral $25.00 to $26.00
2016-05-24 Lower Price Target RBC Capital Sector Perform $29.00 to $26.00
2016-05-24 Lower Price Target Royal Bank Of Canada Sector Perform $29.00 to $26.00
2016-05-19 Reiterated Rating Credit Suisse Hold
2016-05-19 Reiterated Rating Credit Suisse Group AG Hold
2016-04-26 Initiated Coverage BTIG Research Neutral
2016-04-18 Downgrade Sterne Agee CRT Neutral to Underperform $25.12 to $22.00
2016-04-18 Reiterated Rating Longbow Research Neutral
2016-04-14 Downgrade Deutsche Bank Hold
2016-03-31 Reiterated Rating RBC Capital Hold
2016-03-30 Boost Price Target RBC Capital Sector Perform $26.00 to $29.00
2016-03-21 Downgrade Macquarie Neutral to Underperform $30.00 to $22.00
2016-02-18 Lower Price Target Susquehanna Neutral $31.00 to $25.00
2016-02-18 Lower Price Target Summit Research Sell $28.00 to $20.00
2016-02-18 Lower Price Target Piper Jaffray Neutral $27.00 to $25.00
2016-02-18 Lower Price Target JMP Securities Market Underperform $24.00 to $21.00
2016-02-18 Boost Price Target Jefferies Group Hold $23.00 to $26.00
2016-02-18 Lower Price Target Deutsche Bank Hold $25.00 to $22.00
2016-02-18 Boost Price Target Citigroup Inc. Neutral $24.00 to $26.00
2016-02-18 Lower Price Target Barclays Underweight $25.00 to $23.00
2016-02-18 Lower Price Target BMO Capital Markets Market Perform $32.00 to $24.00
2016-02-18 Upgrade Monness Crespi & Hardt Sell to Neutral
2016-02-18 Reiterated Rating Drexel Hamilton Hold $27.00 to $24.50
2016-02-18 Lower Price Target Credit Suisse Neutral $31.00 to $27.00
2016-02-18 Downgrade Robert W. Baird Outperform to Neutral $35.00 to $27.00
2016-02-18 Reiterated Rating Pacific Crest Hold
2016-02-18 Reiterated Rating Brean Capital Hold
2016-02-17 Reiterated Rating Maxim Group Buy $45.00 to $43.00
2016-02-12 Downgrade Atlantic Securities Neutral to Underweight $18.00
2016-02-11 Lower Price Target RBC Capital Sector Perform $28.00 to $26.00
2016-02-10 Lower Price Target Monness Crespi & Hardt Sell $23.00 to $20.00
2016-02-04 Downgrade OTR Global Neutral to Underperform
2016-01-20 Lower Price Target Barclays Underweight $31.00 to $25.00
2016-01-19 Lower Price Target Jefferies Group Hold $31.00 to $23.00
2016-01-07 Reiterated Rating Wells Fargo Market Perform
2016-01-07 Reiterated Rating Needham & Company LLC Hold
2016-01-07 Reiterated Rating Deutsche Bank Hold $32.00 to $25.00
2016-01-07 Reiterated Rating Wells Fargo & Co. Market Perform
2015-12-29 Lower Price Target Monness Crespi & Hardt Sell $27.00 to $23.00
2015-12-28 Reiterated Rating William Blair Sell
2015-12-28 Downgrade Jefferies Group Hold
2015-12-28 Reiterated Rating Raymond James Hold
2015-12-28 Downgrade RBC Capital Outperform to Hold $38.00 to $28.00
2015-12-28 Reiterated Rating Credit Suisse Hold
2015-12-28 Reiterated Rating Robert W. Baird Buy
2015-12-28 Reiterated Rating Susquehanna Hold
2015-12-28 Lower Price Target Lake Street Capital Hold $36.00 to $32.00
2015-12-28 Reiterated Rating Raymond James Financial Inc. Hold
2015-12-22 Reiterated Rating Jefferies Group Hold
2015-12-22 Reiterated Rating Robert W. Baird Buy $40.00 to $35.00
2015-12-22 Reiterated Rating Raymond James Hold
2015-12-22 Reiterated Rating Credit Suisse Hold $31.00
2015-12-22 Lower Price Target Piper Jaffray Neutral $31.00 to $27.00
2015-12-22 Lower Price Target Macquarie Neutral $30.00
2015-12-22 Reiterated Rating Susquehanna Neutral $32.00 to $31.00
2015-12-22 Reiterated Rating BMO Capital Markets Market Perform
2015-12-22 Reiterated Rating William Blair Underperform
2015-12-22 Downgrade RBC Capital Outperform to Sector Perform $38.00 to $28.00
2015-12-16 Initiated Coverage JMP Securities Underperform $24.00
2015-12-11 Reiterated Rating BMO Capital Markets Market Perform $32.00
2015-12-10 Initiated Coverage BMO Capital Markets Market Perform $32.00
2015-11-20 Reiterated Rating Stifel Nicolaus Hold
2015-11-19 Reiterated Rating Jefferies Group Hold $32.00 to $31.00
2015-11-19 Lower Price Target BMO Capital Markets Market Perform $36.00 to $35.00
2015-11-19 Lower Price Target Lake Street Capital Hold $37.00 to $36.00
2015-11-19 Reiterated Rating Needham & Company LLC Hold
2015-11-19 Reiterated Rating Deutsche Bank Hold
2015-11-19 Reiterated Rating Macquarie Hold
2015-11-19 Reiterated Rating FBN Securities Hold
2015-11-19 Reiterated Rating Drexel Hamilton Hold
2015-11-19 Reiterated Rating Citigroup Inc. Hold
2015-11-17 Reiterated Rating JPMorgan Chase & Co. Sell
2015-11-17 Reiterated Rating RBC Capital Outperform $38.00
2015-11-17 Reiterated Rating Wells Fargo Market Perform $33.00
2015-11-13 Downgrade Monness Crespi & Hardt Neutral to Sell $27.00
2015-11-05 Upgrade OTR Global Negative to Mix
2015-11-02 Reiterated Rating Oppenheimer Hold
2015-10-27 Boost Price Target Maxim Group Buy $44.00 to $45.00
2015-10-15 Reiterated Rating Oppenheimer Market Perform
2015-10-14 Reiterated Rating RBC Capital Outperform $38.00
2015-10-14 Initiated Coverage Barclays Underweight $31.00
2015-10-12 Upgrade Robert W. Baird Neutral to Outperform $35.00 to $40.00
2015-10-09 Initiated Coverage Drexel Hamilton Hold $33.00
2015-09-22 Downgrade Goldman Sachs Neutral to Sell $30.00
2015-09-08 Initiated Coverage Susquehanna Neutral to Neutral $32.00
2015-08-23 Reiterated Rating BMO Capital Markets Market Perform $36.00
2015-08-21 Reiterated Rating Deutsche Bank Hold $32.00
2015-08-21 Reiterated Rating RBC Capital Outperform $38.00
2015-08-20 Reiterated Rating William Blair Underperform
2015-08-20 Reiterated Rating Oppenheimer Market Perform
2015-08-20 Boost Price Target Piper Jaffray Neutral $30.00 to $31.00
2015-08-20 Reiterated Rating Jefferies Group Hold $31.00 to $32.00
2015-08-20 Boost Price Target DA Davidson Buy $40.00
2015-08-20 Reiterated Rating Brean Capital Hold
2015-08-20 Reiterated Rating Cantor Fitzgerald Hold $36.00
2015-08-19 Reiterated Rating Longbow Research Hold
2015-08-17 Downgrade Summit Research Hold to Sell $32.00 to $28.00
2015-06-29 Reiterated Rating Cantor Fitzgerald Hold $35.00
2015-06-26 Reiterated Rating Summit Research Hold $32.00
2015-06-10 Lower Price Target Jefferies Group Hold $32.00 to $31.00
2015-06-10 Upgrade RBC Capital Sector Perform to Outperform $35.00 to $38.00
2015-06-05 Reiterated Rating Wells Fargo & Co. Market Perform
2015-06-05 Reiterated Rating Piper Jaffray Neutral $34.00 to $30.00
2015-06-05 Reiterated Rating Wells Fargo Market Perform
2015-06-02 Reiterated Rating Summit Research Hold $32.00
2015-06-02 Reiterated Rating Raymond James Hold
2015-06-02 Reiterated Rating Cantor Fitzgerald Hold $35.00
2015-06-02 Reiterated Rating Brean Capital Hold
2015-06-01 Reiterated Rating BMO Capital Markets Hold
2015-06-01 Reiterated Rating RBC Capital Hold
2015-05-23 Reiterated Rating Morgan Stanley Underweight
2015-05-23 Reiterated Rating Wells Fargo & Co. Market Perform
2015-05-23 Reiterated Rating Oppenheimer Market Perform
2015-05-23 Reiterated Rating Raymond James Market Perform
2015-05-23 Reiterated Rating Longbow Research Neutral
2015-05-23 Reiterated Rating Piper Jaffray Neutral $36.00 to $34.00
2015-05-23 Reiterated Rating Credit Suisse Neutral $40.00 to $31.00
2015-05-23 Reiterated Rating RBC Capital Sector Perform $38.00 to $35.00
2015-05-23 Reiterated Rating Wells Fargo Market Perform
2015-05-22 Downgrade Argus Buy to Hold $50.00
2015-05-21 Lower Price Target FBN Securities Sector Perform $38.00 to $33.00
2015-05-21 Reiterated Rating Jefferies Group Hold $37.00 to $32.00
2015-05-21 Downgrade Needham & Company LLC Buy to Hold
2015-05-21 Lower Price Target Maxim Group Buy $48.00 to $44.00
2015-05-21 Downgrade Cantor Fitzgerald Buy to Hold $43.00 to $35.00
2015-05-21 Downgrade Summit Research Buy to Hold $32.00
2015-05-21 Downgrade JPMorgan Chase & Co. Neutral to Underweight $35.00 to $29.00
2015-05-16 Reiterated Rating Citigroup Inc. Neutral $39.00
2015-05-15 Lower Price Target RBC Capital Sector Perform $41.00 to $38.00
2015-05-11 Downgrade Pacific Crest Sector Perform to Underperform
2015-03-23 Downgrade Piper Jaffray Overweight to Neutral $42.00 to $36.00
2015-03-12 Lower Price Target Barclays Equal Weight $40.00 to $39.00
2015-02-15 Reiterated Rating BMO Capital Markets Market Perform $41.00
2015-02-12 Set Price Target Credit Suisse Hold $40.00
2015-02-12 Initiated Coverage Morgan Stanley Sell $34.00
2015-02-12 Lower Price Target Deutsche Bank Hold $40.00 to $38.00
2015-02-12 Lower Price Target Sterne Agee CRT Buy to Hold $37.50 to $36.00
2015-02-12 Lower Price Target Barclays Equal Weight $42.00 to $40.00
2015-02-12 Set Price Target Cantor Fitzgerald Buy $47.00 to $43.00
2015-02-12 Lower Price Target Needham & Company LLC Buy $49.00 to $46.00
2015-02-12 Lower Price Target Maxim Group Buy $55.00 to $48.00
2015-02-12 Downgrade Brean Capital Buy to Hold
2015-02-11 Set Price Target Brean Capital Buy $47.00
2015-01-22 Upgrade Standpoint Research Hold to Buy $48.00
2015-01-13 Downgrade Pacific Crest Outperform to Sector Perform $48.00
2014-12-10 Initiated Coverage JPMorgan Chase & Co. Neutral $43.50
2014-11-13 Boost Price Target Brean Capital Buy $45.00 to $47.00
2014-11-12 Initiated Coverage Maxim Group Buy $55.00
2014-11-04 Downgrade Standpoint Research Buy to Hold
2014-10-09 Initiated Coverage Jefferies Group Hold $45.00
2014-09-23 Upgrade Summit Research Hold to Buy $34.00 to $55.00
2014-09-15 Boost Price Target Pacific Crest $46.00 to $48.00
2014-08-14 Upgrade Needham Hold to Buy $49
2014-08-14 Boost Price Target Brean Capital Buy $42.00 to $45.00
2014-08-14 Boost Price Target Sterne Agee CRT Neutral $34.00 to $35.00
2014-08-14 Boost Price Target Cantor Fitzgerald Buy $45.00 to $47.00
2014-08-14 Boost Price Target Macquarie Neutral $38.00 to $41.00
2014-08-14 Boost Price Target DA Davidson Buy $45.00 to $46.50
2014-08-14 Boost Price Target Janney Montgomery Scott Neutral $36.00 to $38.00
2014-08-14 Boost Price Target Piper Jaffray Hold to Overweight $42.00 to $46.00
2014-08-14 Boost Price Target BMO Capital Markets Market Perform $38.00 to $42.00
2014-08-14 Reiterated Rating Deutsche Bank Hold $35.00 to $40.00
2014-08-14 Reiterated Rating Barclays Equal Weight $40.00 to $42.00
2014-08-14 Reiterated Rating Citigroup Inc. Neutral $39.00 to $41.00
2014-08-14 Upgrade Needham & Company LLC Hold to Buy $49.00
2014-08-08 Boost Price Target RBC Capital Sector Perform $38.00 to $41.00
2014-08-08 Boost Price Target Evercore ISI Equal Weight $4.00 to $43.00
2014-08-07 Boost Price Target Pacific Crest Outperform $41.00 to $46.00
2014-07-09 Initiated Coverage DA Davidson Buy $45.00
2014-07-01 Reiterated Rating Evercore ISI Hold $34.00
2014-06-30 Initiated Coverage Standpoint Research Buy $48.00
2014-06-25 Boost Price Target Brean Capital Buy $39.00 to $42.00
2014-06-25 Boost Price Target Piper Jaffray $40.00 to $42.00
2014-06-25 Boost Price Target Macquarie $36.00 to $38.00
2014-06-25 Boost Price Target Pacific Crest Outperform $40.00 to $41.00
2014-05-22 Resumed Needham Hold
2014-05-22 Lower Price Target Robert W. Baird $42.00 to $40.00
2014-05-22 Reiterated Rating Citigroup Inc. Neutral $43.00 to $39.00
2014-05-22 Reiterated Rating Longbow Research Outperform $47.00 to $40.00
2014-05-22 Initiated Coverage Needham & Company LLC Hold
2014-05-22 Lower Price Target Pacific Crest $47.00 to $40.00
2014-05-22 Lower Price Target Deutsche Bank Hold $36.00 to $35.00
2014-05-22 Lower Price Target BMO Capital Markets $39.00 to $38.00
2014-05-22 Boost Price Target Macquarie Neutral $35.00 to $36.00
2014-05-22 Lower Price Target Credit Suisse $45.00 to $40.00
2014-05-22 Lower Price Target Evercore ISI Buy $48.00 to $40.00
2014-05-20 Lower Price Target Cantor Fitzgerald Buy $53.50 to $46.00
2014-05-19 Reiterated Rating BMO Capital Markets Market Perform $45.00 to $39.00
2014-05-19 Lower Price Target ING Group $48.00 to $39.00
2014-05-19 Lower Price Target Brean Capital Buy $48.00 to $39.00
2014-05-15 Lower Price Target Wunderlich Hold $44.00 to $34.00
2014-05-14 Lower Price Target Piper Jaffray Overweight $52.00 to $40.00
2014-05-13 Lower Price Target RBC Capital Sector Perform $41.00 to $38.00
2014-05-12 Downgrade Raymond James Outperform to Market Perform
2014-05-07 Reiterated Rating Wells Fargo & Co. Market Perform
2014-05-07 Reiterated Rating Wells Fargo Market Perform
2014-04-21 Reiterated Rating Jefferies Group Hold $43.00 to $36.00
2014-04-10 Initiated Coverage Deutsche Bank Hold $36.00
2014-04-01 Lower Price Target Barclays $43.00 to $40.00
2014-03-31 Lower Price Target FBN Securities $42.00 to $35.00
2014-03-24 Downgrade Morgan Stanley Equal Weight to Underweight $47.00 to $31.00
2014-03-14 Reiterated Rating Argus Buy $50.00 to $44.00
2014-03-13 Initiated Coverage Wunderlich Hold $44.00
2014-03-13 Downgrade Lake Street Capital Buy to Hold
2014-02-18 Upgrade Ned Davis Research Neutral to Buy
2014-02-13 Reiterated Rating RBC Capital Sector Perform $42.00 to $41.00
2014-02-03 Upgrade Piper Jaffray Neutral to Overweight $38.00 to $52.00
2014-01-21 Upgrade Lake Street Capital Hold to Buy
2014-01-14 Initiated Coverage Macquarie Neutral
2014-01-13 Initiated Coverage Atlantic Securities Neutral
2013-12-03 Downgrade Morgan Stanley Overweight to Equal Weight
2013-11-17 Reiterated Rating BMO Capital Markets Hold $47.00
2013-11-14 Reiterated Needham Buy $45 to $46
2013-11-14 Lower Price Target Wedbush Neutral $40.00 to $39.00
2013-11-14 Boost Price Target Credit Suisse Neutral $40.00 to $45.00
2013-11-14 Boost Price Target Cantor Fitzgerald Buy $53.00 to $53.50
2013-11-14 Lower Price Target Barclays Equal Weight $46.00 to $44.00
2013-11-14 Lower Price Target Sterne Agee CRT Neutral $40.00 to $38.00
2013-11-14 Boost Price Target FBN Securities Sector Perform $40.00 to $42.00
2013-11-14 Reiterated Rating Citigroup Inc. Neutral $41.00 to $43.00
2013-11-14 Reiterated Rating Wells Fargo & Co. Market Perform
2013-11-14 Boost Price Target Needham & Company LLC Buy $45.00 to $46.00
2013-11-14 Reiterated Rating Wells Fargo Market Perform
2013-11-11 Lower Price Target Deutsche Bank Buy $50.00 to $48.00
2013-11-11 Lower Price Target BMO Capital Markets Market Perform $46.00 to $45.00
2013-11-07 Downgrade Stifel Nicolaus Buy to Hold $47.00
2013-11-05 Downgrade FBN Securities Outperform to Sector Perform $44.00 to $40.00
2013-11-04 Downgrade Piper Jaffray Overweight to Neutral $45.00 to $38.00
2013-10-31 Lower Price Target JPMorgan Chase & Co. Overweight $46.00 to $45.00
2013-10-16 Lower Price Target Pacific Crest Outperform $48.00 to $46.00
2013-09-24 Downgrade Barclays Overweight to Equal Weight $46.00
2013-09-20 Downgrade William Blair Market Perform to Underperform
2013-09-19 Initiated Coverage Cantor Fitzgerald Buy $53.00
2013-08-12 Upgrade Robert W. Baird Underperform to Neutral $34 to $44
2013-05-22 Reiterated Needham Buy $41 to $42
2013-05-20 Downgrade Robert W. Baird Neutral to Underperform
2016-06-29 Reiterated Rating BMO Capital Markets Neutral $26.00
2016-06-27 Reiterated Rating Robert W. Baird Neutral $26.00
2016-06-22 Initiated Coverage Summit Research Sell
2016-06-21 Reiterated Rating Summit Redstone Sell
2016-05-29 Reiterated Rating Oppenheimer Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
WARMENHOVEN DANIEL J Executive Chairman 0.66%  (2116474) ARUN / NTAP / PANW /
Salmon Robert E Executive VP, Field Operations 0.02%  (59640) NTAP /
WALL ROBERT T 0.01%  (46036) NTAP /
Goel Manish Exec VP of Product Operations 0.01%  (25430) NTAP /
Noviello Nicholas R Chief Financial Officer 0.01%  (22073) NTAP / SYMC /
ALLEN JEFFRY R 0.01%  (21698) CUDA / NTAP /
Hill Kathryn 0.01%  (20760) CE / MCO / NTAP /
Kurian George EVP, Product Operations 0.01%  (20637) NTAP /
PASEK RONALD J EVP Finance & Operations, CFO 0.01%  (16341) NTAP /