LSV Asset Management has reduced its stake in NetApp, Inc. by 4.2%, selling 22,455 shares, but still holds 516,008 shares valued at approximately $61.1 million. NetApp recently reported strong quarterly earnings, beating expectations with $2.05 EPS and $1.71 billion in revenue, and offers a quarterly dividend of $0.52. The company, which is 92.17% owned by institutional investors, has a “Moderate Buy” consensus rating and a target price of $123.93.
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LSV Asset Management Sells 22,455 Shares of NetApp, Inc. $NTAP
LSV Asset Management has reduced its stake in NetApp, Inc. by 4.2%, selling 22,455 shares, but still holds 516,008 shares valued at approximately $61.1 million. NetApp recently reported strong quarterly earnings, beating expectations with $2.05 EPS and $1.71 billion in revenue, and offers a quarterly dividend of $0.52. The company, which is 92.17% owned by institutional investors, has a “Moderate Buy” consensus rating and a target price of $123.93.