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Sunnyvale Today
By the People, for the People
Sarasin & Partners LLP Acquires $24.25 Million Stake in NetApp
Investment firm takes significant position in data storage provider
Mar. 22, 2026 at 10:18am
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Sarasin & Partners LLP, an investment management firm, has acquired a new stake in NetApp, Inc. (NASDAQ:NTAP), a data storage provider. The firm purchased 226,486 shares of NetApp's stock, valued at approximately $24,254,000, representing about 0.11% ownership of the company.
Why it matters
This investment by Sarasin & Partners LLP suggests the firm sees significant potential in NetApp's business and future growth prospects. As a major institutional investor, Sarasin & Partners' stake in NetApp could signal confidence in the company's strategy and performance.
The details
According to a recent SEC filing, Sarasin & Partners LLP acquired the new stake in NetApp during the fourth quarter. The firm now owns approximately 226,486 shares of the data storage provider's stock, valued at around $24.25 million. This represents about 0.11% of NetApp's total outstanding shares.
- Sarasin & Partners LLP acquired the new stake in NetApp during the fourth quarter.
The players
Sarasin & Partners LLP
An investment management firm that has acquired a new stake in NetApp, Inc.
NetApp, Inc.
A data storage provider based in Sunnyvale, California.
The takeaway
Sarasin & Partners' investment in NetApp suggests the firm sees strong potential in the data storage company's future performance and growth prospects. This could signal increased institutional confidence in NetApp's strategy and market positioning.
