Blogs about NTAP - Stockpickr! Your Source for Stock Ideas

Blogs about NTAP

Blogs	Description	Date Updated
Fast Money Recap	Word On The Street WORD VIDEO HERE Options Action Jon Najarian noticed unusual options action in AFLAC (AFL). He said options traders are buying $65 out of the money calls on the stock. Tech Trade The traders talked about the strength in Apple Computer (APPL) Wednesday off the rumors that the new Mac products could be released soon. Najarian said new products could be coming and it makes sense. Terranova said Apple and Research In Motion (RIMM) are his favorite tech stocks right now. Tatro said ...	August 27, 2008
NetApp FY Q1 In Line; Sets $1B Buyback	NetApp (NTAP) this afternoon posted revenue for its fiscal first quarter ended July 25 of $869 million, with non-GAAP profits of 22 cents a share. The Street had been looking for $862 million and 22 cents. For fiscal Q2, NetApp sees revenue of $910 million to $940 million, with non-GAAP profits of 27-30 cents a share. The Street has been looking for $918 million and 30 cents. NTAP also announced a $1 billion buyback plan, which is in addition to $96.3 million remaining on a previous authorizatio...	August 13, 2008
Tuesday's Upgrades and Downgrades	UpgradesFlowserve (FLS)- BMO Capital Markets Market Perform » Outperform Bankrate (RATE)- Merriman Curhan Ford Neutral » Buy Commercial Metals (CMC)- Davenport Neutral » Buy Marten Transport (MRTN)- BB&T Capital Mkts Hold » Buy Beneficial Mutual Bancorp (BNCL)- Boenning & Scattergood Market Perform » Market Outperform Celadon Group (CLDN)- BB&T Capital Mkts Hold » Buy First Commonwealth (FCF)- Janney Mntgmy Scott Sell » Neutral Energy Conversion (ENER)- Broad...	July 08, 2008
Severe Volume Spike: NetApp (NTAP)	Shares of NetApp, Inc. (NASDAQ: NTAP) are up marginally today by 1% at $23.92 after about 40 minutes of trading. But there is an extreme surge in trading volume with already some 24 million shares having traded hands. Its average daily volume is about 8.5 million shares. The company priced $1.1 Billion in 1.75% convertible senior notes, and convertible note offerings generally increase trading volume around the offering dates. Its market cap before any dilution from this is $8.1 Billion. I...	June 05, 2008
NetApp (NTAP) falls on new debt	Filed under: Options, Technical AnalysisNetApp (NASDAQ: NTAP) shares are falling after the company announced it will sell $1.1 billion in five-year convertible senior notes to institutional buyers. Terms of the debt were not disclosed. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on NTAP.After hitting a one-year high of $33.84 last June, the stock hit a one-year low of $19.00 in March. This morning, NTAP opene...	June 04, 2008
Friday's Upgrades and Downgrades	UpgradesMethanex (MEOH)- Canaccord Adams Sell » Hold UBS AG (UBS)- Keefe Bruyette Underperform » Mkt Perform ArthroCare (ARTC)- Needham Buy » Strong Buy DivX (DIVX)- Barrington Research Mkt Perform » Outperform FLIR Systems (FLIR)- Boenning & Scattergood Market Perform » Market Outperform America Movil SA (AMX)- Deutsche Securities Hold » Buy EW Scripps (SSP)- Lehman Brothers Underweight » Overweight VNUS Medical Tech (VNUS)- Roth Capital Hold » BuyRoss St...	May 23, 2008
After Disappointing Guidance, Caris Downgrades NetApp	Caris & Co.’s Shebly Seyrafi today cut his rating on NetApp (NTAP) to Average from Buy, and trimmed his price target to $25 from $28, after the company last night provided disappointing guidance for its fiscal first quarter ending July. As I noted in my post yesterday, NetApp sees Q1 revenue of $845 million to $875 million, with non-GAAP profits of 20-23 cents a share. The Street consensus had been $870.9 million and 27 cents. In a research note this morning, Seyrafi wrote that his dow...	May 22, 2008
NetApp: FY Q4 EPS Beats; Q1 Guidance Light; Shares Fall	NetApp (NTAP) shares are down sharply in after hours trading on a disappointing outlook for the company’s fiscal first quarter ending July. For its fiscal Q4 ended April 25, the company posted revenue of $938 million and non-GAAP profits of 38 cents; the Street had expected $938 million and 36 cents. For FY Q1, the company sees revenue of $845 million to $875 million, with non-GAAP profits of 20-23 cents a share. The Street consensus has been $870.9 million and 27 cents. NetApp repeated i...	May 21, 2008
NetApp: Pacific Growth Ups Rating; Sees Strong FY Q3	Pacific Growth Equities analyst Kaushik Roy this morning raised his rating on NetApp (NTAP) to Buy from Neutral, asserting that the company could beat the Street consensus estimates for the fiscal third quarter ended in April. Roy notes that the Street sees non-GAAP profits of 36 cents a share; he says they could report as much as 38 cents. He thinks the revenue consensus of $934 million may be too low, and he contends the company could beat guidance for 61% gross margins and 15% operating margi...	May 05, 2008
Isilon Catches Up On Financial Filings; Stock Rises	Isilon Systems (ISLN) shares are higher today after the company yesterday announced that it has become current again on its financial filings with the SEC. The storage systems company filed both its 10-Q for the third quarter and its 2007 10-K; it also said that is now back in compliance with Nasdaq rules, and no longer should be in danger of being delisted. The results the company reported were something less than spectacular; revenues were $21.6 million in third quarter and $26.6 million in th...	April 03, 2008

Enter search text here: