NASDAQ:NTAP - Nasdaq - US64110D1046 - Common Stock
NETAPP INC
NASDAQ:NTAP (1/21/2025, 8:17:35 PM)
After market: 123.67 0 (0%)123.67
+1.58 (+1.29%)
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | 17.78% | ||
ROA | 12.78% | ||
ROE | 129.04% | ||
Debt/Equity | 1.39 |
Is NETAPP INC (NASDAQ:NTAP) a Good Fit for Dividend Investing?
NTAP's strength in all-flash storage and cloud markets, and focus on AI make it an attractive investment. Weak IT spending and stiff competition are concerns.
In the closing of the recent trading day, NetApp (NTAP) stood at $122.09, denoting a +1.76% change from the preceding trading day.
(Bloomberg) -- NetApp Inc. has agreed to sell a portfolio of cloud software assets it acquired in recent years to Thoma Bravo-backed Flexera.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesFlexera will buy the Spot by NetApp FinOps business from NetApp, according to a statement on Wednesday that confirmed an earlier Bloomberg News report. Financial terms were not disclosed. Th
NetApp Inc. has agreed to sell a portfolio of cloud software assets it acquired in recent years to Thoma Bravo-backed Flexera, according to people familiar with the matter.
The latest trading day saw NetApp (NTAP) settling at $116.28, representing a -1.53% change from its previous close.
NetApp, Inc. engages in the provision of software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. The company is headquartered in San Jose, California and currently employs 11,800 full-time employees. The firm combines unified data storage, integrated data services, and CloudOps solutions to make data infrastructure intelligent. Its segments include Hybrid Cloud and Public Cloud. Its Hybrid Cloud segment offers a unified data storage portfolio of storage management and infrastructure solutions that help customers modernize their data centers. Its Hybrid Cloud portfolio supports structured and unstructured data with unified storage optimized for flash, disk, and cloud storage to handle data-intensive workloads and applications. Hybrid Cloud includes software, hardware, and related support, as well as professional and other services. Its Public Cloud segment offers a portfolio of products delivered primarily as-a-service, including related support. This portfolio includes cloud storage and CloudOps services. These services are available on the public clouds, including Amazon AWS, Microsoft Azure, and Google Cloud Platform.
NETAPP INC
3060 Olsen Drive
San Jose CALIFORNIA 94089 US
CEO: George Kurian
Employees: 11800
Company Website: https://www.netapp.com/
Investor Relations: https://investors.netapp.com/
Phone: 14088226000
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