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NetApp, Inc. $NTAP Shares Sold by Todd Asset Management LLC
Todd Asset Management LLC significantly reduced its stake in NetApp (NASDAQ:NTAP) by 22.6% in the third quarter, selling over 63,000 shares, though it still holds approximately 0.11% of the company. Despite this sale, NetApp recently exceeded Q3 earnings expectations and issued optimistic FY2026 guidance. The company also announced a quarterly dividend and currently holds an average analyst rating of “Moderate Buy.”