NTAP

-3.1%⚪ No clear catalyst

NetApp, Inc · Technology

$231.50Vol 1.4K · 0.1× normalMkt cap −$1.48Bpre · 2026-10-14 ET

What happened

Move

-3.1%

Price

$231.50

Volume

1.4K

0.1× normal

Market cap

$45.47B

−$1.48B today

Why it moved

No clear catalyst identified

No reliable news, earnings or analyst driver was found for this move. A move this size without an obvious driver is most likely flow/positioning-driven rather than a fundamentals story.

Verdict — was the move justified?

⚪ No clear catalyst

An unusually large move with no reliable catalyst identified — most likely flow/positioning-driven rather than news-driven.

How unusual is this move

σ score

2.4σ

vs own 20d volatility

Percentile

91th

of 1275 daily moves

Avg daily move

±1.5%

own 5y average

vs sector

-3.1%

beyond sector median

Today’s move is among the largest 9% of NTAP’s daily moves over the last 5 years — while the sector moved +0.0% and the market +0.0%.

What happened after similar moves

103 similar down moves in NTAP’s 5-year history:

After 5 days

+0.4%

54% higher

After 20 days

+2.4%

60% higher

Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.

Fundamental context

V 29G 63P 90H 87Q 95EW 43/65

Insider activity (90d): net selling $31.72M

Valuation context

P/E (TTM)

36.8

5y median 19.3

P/E percentile

97%

vs own 5y history

FCF yield

0.0%

Trading richer than 97% of its own historical valuation range.

Full fundamental analysis on PreMarketPrice

Pillar scores, financial statements, valuation history, news & more for NTAP

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