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New York State Teachers Retirement System Reduces Position in NetApp, Inc. $NTAP
The New York State Teachers Retirement System has reduced its stake in NetApp, Inc. (NASDAQ:NTAP) by 4.8% in the fourth quarter, selling 9,774 shares and now owning 193,667 shares valued at approximately $20.74 million. NetApp recently reported better-than-expected earnings with $2.12 EPS against an estimated $2.07 and revenue of $1.71 billion, also providing positive FY2026 EPS guidance. Despite mixed analyst ratings, the company pays a quarterly dividend of $0.52 (annualized $2.08) and has a consensus “Hold” rating with a target price of $122.64.