Gotham Asset Management Increases Stake in NetApp

Institutional investor boosts ownership in data storage provider

Mar. 16, 2026 at 10:39am

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Gotham Asset Management LLC, a hedge fund based in New York, has increased its stake in NetApp, Inc. (NASDAQ: NTAP) by 27.4% during the third quarter. The firm now owns 414,995 shares of the data storage provider's stock, representing 0.21% of NetApp's outstanding shares.

Why it matters

The increased investment by Gotham Asset Management, a prominent institutional investor, signals confidence in NetApp's long-term prospects. As a major shareholder, Gotham's actions can influence market sentiment and potentially spur further interest in the stock.

The details

According to a recent 13F filing, Gotham Asset Management acquired an additional 89,256 shares of NetApp during the third quarter, bringing its total stake to 414,995 shares. This represents a 27.4% increase in the firm's position. Gotham Asset Management is now one of NetApp's larger institutional investors, owning 0.21% of the company's outstanding shares.

  • Gotham Asset Management increased its stake in NetApp during the third quarter of the year.

The players

Gotham Asset Management LLC

A hedge fund based in New York that has increased its stake in NetApp, Inc.

NetApp, Inc.

A data storage provider headquartered in Sunnyvale, California.

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The takeaway

The increased investment by Gotham Asset Management, a prominent institutional investor, signals confidence in NetApp's long-term prospects and could spur further interest in the stock from other investors.