Shell Asset Management Co. significantly reduced its stake in NetApp, Inc. (NASDAQ:NTAP) by 64% in Q3, selling 11,352 shares and retaining 6,373 shares valued at approximately $755,000. Despite this, NetApp delivered strong quarterly results, beating EPS and revenue estimates, and provided positive FY2026 guidance. Institutional ownership remains high at 92.17%, with other major funds increasing or establishing positions.
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NetApp, Inc. $NTAP Shares Sold by Shell Asset Management Co.
Shell Asset Management Co. significantly reduced its stake in NetApp, Inc. (NASDAQ:NTAP) by 64% in Q3, selling 11,352 shares and retaining 6,373 shares valued at approximately $755,000. Despite this, NetApp delivered strong quarterly results, beating EPS and revenue estimates, and provided positive FY2026 guidance. Institutional ownership remains high at 92.17%, with other major funds increasing or establishing positions.