Kris Newton - NetApp IR Contact Officer
| NTAP Stock | USD 129.60 3.42 2.71% |
Executive
Kris Newton is IR Contact Officer of NetApp Inc
| Address | 3060 Olsen Drive, San Jose, CA, United States, 95128 |
| Phone | 408 822 6000 |
| Web | https://www.netapp.com |
NetApp Management Efficiency
The company has return on total asset (ROA) of 0.0916 % which means that it generated a profit of $0.0916 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 1.2042 %, meaning that it created $1.2042 on every $100 dollars invested by stockholders. NetApp's management efficiency ratios could be used to measure how well NetApp manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/28/2024, Return On Equity is likely to grow to 1.07, while Return On Tangible Assets are likely to drop 0.10. As of 11/28/2024, Non Current Liabilities Total is likely to grow to about 4.9 B, while Total Current Liabilities is likely to drop slightly above 2.2 B.Similar Executives
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Management Performance
| Return On Equity | 1.2 | ||||
| Return On Asset | 0.0916 |
NetApp Inc Leadership Team
Elected by the shareholders, the NetApp's board of directors comprises two types of representatives: NetApp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NetApp. The board's role is to monitor NetApp's management team and ensure that shareholders' interests are well served. NetApp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NetApp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Puneet Gupta, Managing Services | ||
| Gus Shahin, Executive Operations | ||
| Michael Berry, Executive CFO | ||
| Alessandra Yockelson, Executive CHRO | ||
| Elizabeth JD, Chief VP | ||
| Daniel Lorenzo, Controller VP | ||
| Elizabeth OCallahan, Chief VP | ||
| Gabrielle Boko, Chief Officer | ||
| Matthew Fawcett, Sr. VP, General Counsel and Secretary | ||
| Kris Newton, IR Contact Officer | ||
| Cesar Rego, President | ||
| William Miller, Senior Officer | ||
| Octavian Tanase, Senior Group | ||
| George Kurian, CEO and Director | ||
| Robert Parks, VP Officer | ||
| James Whitemore, Ex Officer | ||
| Debra McCowan, Chief Human Resource Officer, Senior Vice President | ||
| Harvinder Bhela, Executive Officer |
NetApp Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NetApp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 1.2 | ||||
| Return On Asset | 0.0916 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 26.38 B | ||||
| Shares Outstanding | 203.31 M | ||||
| Shares Owned By Insiders | 0.40 % | ||||
| Shares Owned By Institutions | 93.91 % | ||||
| Number Of Shares Shorted | 9.97 M | ||||
| Price To Earning | 17.90 X |
Pair Trading with NetApp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NetApp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NetApp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to NetApp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NetApp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NetApp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NetApp Inc to buy it.
The correlation of NetApp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NetApp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NetApp Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NetApp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for NetApp Stock Analysis
When running NetApp's price analysis, check to measure NetApp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.