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Barclays PLC Reduces Stake in NetApp, Inc. $NTAP
Barclays PLC has reduced its stake in NetApp, Inc. (NASDAQ:NTAP) by 9.1% during the third quarter, selling 57,563 shares and now owning 571,548 shares valued at $67.7 million. Despite Barclays’ reduction, several other institutional investors increased their holdings, and 92.17% of NetApp’s stock is owned by hedge funds and institutional investors. The article also notes recent insider stock sales, NetApp’s financial performance beat analyst expectations, and a declared quarterly dividend.