Director Gerald Held sold 7,132 shares of NTAP at $180.00 ($1.3M), reducing holdings by -34.1% to 13,775 shares.
Gerald Held, a director at NetApp, sold 7,132 shares on 2026-06-03 at $180.00, reducing his stake from 20,907 to 13,775 shares—a substantial -34.1% reduction. The sale occurred near the 52-week high of $192.83, with the stock currently trading at $167.04 (-13.4% from the high). Across his open-market transaction history on all tickers, Held's prior sells have posted a 90-day well-timed rate of 100.00%, indicating his past sale decisions have been followed by stock declines. The company reports a P/E of 25.12 against revenue of $1.7B and net income of $334.0M. This transaction merits scrutiny given the substantial portfolio reduction and the historical accuracy of this director's exit timing, though the trade is dated and current price action suggests near-term momentum since the 30-day and 90-day changes show +49.5% and +65.3% gains respectively from the transaction date.