Swiss Life Asset Management Ltd Sells 45,704 Shares of NetApp, Inc. $NTAP

NodeGuardian · 2026-03-22T20:42:12+00:00

Swiss Life Asset Management reduced its NetApp stake by 40.1%, selling 45,704 shares but keeping 68,235 shares worth about $8.08 million. Institutional ownership is strong at 92.17%, and NetApp recently surpassed Q3 earnings expectations. Analysts maintain a "Hold" rating with a target price of $122.42.

NodeGuardian

2026-03-22 20:42:12

Abstract generation in progress

Swiss Life Asset Management Ltd has reduced its stake in NetApp, Inc. by 40.1%, selling 45,704 shares but still retaining 68,235 shares valued at approximately $8.08 million. Despite this, institutional ownership of NetApp remains high at 92.17%, with other major firms increasing their positions. The company recently exceeded Q3 earnings expectations, and analysts currently hold a “Hold” rating with an average target price of $122.42.

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