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Swedbank AB Buys 17,520 Shares of NetApp, Inc. $NTAP
Swedbank AB increased its stake in NetApp, Inc. by 22% in the fourth quarter, acquiring an additional 17,520 shares, raising its total holding to 97,086 shares valued at approximately $10.4 million. NetApp surpassed earnings expectations in its latest quarter, reporting $2.12 EPS on $1.71 billion in revenue, and provided optimistic guidance for both Q4 2026 and FY 2026. Despite mixed analyst sentiment, the stock holds a consensus “Hold” rating with an average price target of $122.64.