The Insider George Kurian Sold 7020 shares of NetApp, Inc. (NTAP); Lancaster Colony Has 1.06 Sentiment

Lancaster Colony Corporation manufactures and markets specialty food products for the retail and foodservice markets in the United States. The company has market cap of $3.33 billion. It offers salad dressings and sauces under the Marzetti, Marzetti Simply Dressed, CardiniÂ’s, and GirardÂ’s brands; vegetable dips and fruit dips under the Marzetti brand; frozen garlic breads under the New York BRAND Bakery, Mamma Bella, and Mamma BellaÂ’s brands; and frozen Parkerhouse style yeast and dinner rolls under the Sister SchubertÂ’s and Mary BÂ’s brands. It has a 28.12 P/E ratio. The firm also provides dry egg noodles under the Inn Maid and Amish Kitchen brands; frozen specialty noodles under the Reames and Aunt ViÂ’s brands; croutons and salad toppings under the New York BRAND Bakery, New York BRAND Bakery Texas Toast, Chatham Village, CardiniÂ’s, Marzetti Simply Dressed, and Marzetti brands; sprouted grain bakery products under the Angelic Bakehouse and Flatzza brands; flatbread wraps and pizza crusts under the Flatout brand; and caviar under the Romanoff brand name.

George Kurian; that is an insider in Netapp Inc who is the last to unload shares in the firm for which he now serves as a CEO. George lately sold some 7,020 shares of the company, with a total value of about $417,550 U.S Dollars, that is a price for each share of about $59.5. He also sold 3,826 shares worth total $241,076 USD in the last 30 days. At present, George Kurian owns 20,637 shares which make up precisely 0.01% of the Company’s market cap.

NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. The company has market cap of $15.38 billion. It offers flash; flash arrays that support data management; hybrid arrays to deploy the speed of flash storage; hybrid cloud; ONTAP cloud storage data management service; NetApp cloud sync hybrid data management Software as a Service; NetApp private storage for cloud; and AltaVault cloud-integrated solutions. It has a 24.79 P/E ratio. The firm also provides ONTAP storage operating system for data protection and security; SANtricity storage operating system, which provides performance, reliability, and data protection for application-driven workloads; SolidFire element operating system; NetApp StorageGRID Webscale software that allows clients to store and manage massive amounts of data on premises and in the cloud; NetApp integrated data protection solutions; OnCommand management software and management integration tools; and FlexArray storage virtualization software.

Analysts await NetApp, Inc. (NASDAQ:NTAP) to report earnings on February, 21. They expect $0.74 earnings per share, up 2.78% or $0.02 from last year’s $0.72 per share. NTAP’s profit will be $197.42 million for 19.47 P/E if the $0.74 EPS becomes a reality. After $0.70 actual earnings per share reported by NetApp, Inc. for the previous quarter, Wall Street now forecasts 5.71% EPS growth.

Among 44 analysts covering Netapp Inc. (NASDAQ:NTAP), 12 have Buy rating, 7 Sell and 25 Hold. Therefore 27% are positive. Netapp Inc. has $71 highest and $20 lowest target. $46.90’s average target is -18.62% below currents $57.63 stock price. Netapp Inc. had 143 analyst reports since August 17, 2015 according to SRatingsIntel. DA Davidson maintained the shares of NTAP in report on Thursday, May 26 with “Buy” rating. The stock has “Hold” rating by BTIG Research on Thursday, November 16. Piper Jaffray maintained NetApp, Inc. (NASDAQ:NTAP) on Tuesday, November 14 with “Buy” rating. The rating was maintained by Jefferies on Wednesday, August 16 with “Hold”. BMO Capital Markets maintained NetApp, Inc. (NASDAQ:NTAP) rating on Sunday, August 23. BMO Capital Markets has “Market Perform” rating and $36 target. Robert W. Baird maintained it with “Hold” rating and $46.0 target in Friday, November 10 report. The company was downgraded on Tuesday, January 23 by DA Davidson. On Thursday, August 17 the stock rating was maintained by Morgan Stanley with “Underweight”. The rating was maintained by Lake Street with “Hold” on Thursday, November 19. Cantor Fitzgerald maintained it with “Hold” rating and $36 target in Thursday, August 20 report.

Investors sentiment is 1.18 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 38 investors sold NetApp, Inc. shares while 129 reduced holdings. only 58 funds opened positions while 139 raised stakes. 244.98 million shares or 0.92% more from 242.73 million shares in 2017Q2 were reported. Northern Corporation reported 3.34M shares. Brown Advisory accumulated 0.01% or 56,334 shares. Voya Mgmt Limited Liability accumulated 0.04% or 374,611 shares. Hancock Hldgs reported 29,047 shares or 0.05% of all its holdings. Putnam Invests Ltd holds 0.01% of its portfolio in NetApp, Inc. (NASDAQ:NTAP) for 123,315 shares. Lombard Odier Asset Management (Switzerland) Sa reported 51,203 shares or 0.22% of all its holdings. Mutual Of America Ltd Com holds 31,946 shares. Bokf Na holds 41,928 shares. Renaissance reported 786,821 shares. British Columbia Invest Management Corporation holds 0.04% or 122,045 shares. 600 were reported by Security Natl Tru. Panagora Asset Management holds 0.14% of its portfolio in NetApp, Inc. (NASDAQ:NTAP) for 829,602 shares. M&T Bankshares Corporation holds 0% of its portfolio in NetApp, Inc. (NASDAQ:NTAP) for 18,830 shares. Clearbridge Investments Limited Liability Corporation holds 0% or 1,000 shares in its portfolio. 80,000 were reported by Pensionfund Dsm Netherlands.

The stock decreased 0.88% or $0.51 during the last trading session, reaching $57.63. About 1.79M shares traded. NetApp, Inc. (NASDAQ:NTAP) has risen 68.93% since February 7, 2017 and is uptrending. It has outperformed by 52.23% the S&P500.

Since August 30, 2017, it had 0 buys, and 8 sales for $3.93 million activity. The insider NEVENS THOMAS MICHAEL sold 20,000 shares worth $1.11M. 6,500 shares were sold by REICH JOEL D, worth $362,686 on Wednesday, January 3. Shares for $241,076 were sold by Kurian George. WALLACE RICHARD P also sold $1.48M worth of NetApp, Inc. (NASDAQ:NTAP) shares. $86,722 worth of NetApp, Inc. (NASDAQ:NTAP) shares were sold by RICHARD HENRI P.

The stock increased 0.33% or $0.4 during the last trading session, reaching $121.21. About 79,307 shares traded. Lancaster Colony Corporation (LANC) has risen 2.30% since February 7, 2017 and is uptrending. It has underperformed by 14.40% the S&P500.

Dowling & Yahnke Llc holds 2.07% of its portfolio in Lancaster Colony Corporation for 170,065 shares. Silvercrest Asset Management Group Llc owns 356,730 shares or 0.43% of their US portfolio. Moreover, Welch & Forbes Llc has 0.33% invested in the company for 105,176 shares. The Massachusetts-based Btim Corp. has invested 0.25% in the stock. Carnegie Capital Asset Management Llc, a Ohio-based fund reported 13,382 shares.