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Sunnyvale Today
By the People, for the People
Forteris Wealth Management Invests $1.18M in NetApp
Institutional investor takes new stake in data storage provider
Apr. 17, 2026 at 8:24am
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A close-up of the powerful, industrial machinery that powers the data-driven investment decisions of major institutional firms like Forteris Wealth Management.Sunnyvale TodayForteris Wealth Management Inc. purchased 10,980 shares of NetApp, Inc. (NASDAQ:NTAP) in the fourth quarter, valued at approximately $1.18 million. The investment represents about 1.2% of Forteris' portfolio, making NetApp the firm's 26th largest holding.
Why it matters
This investment highlights the continued institutional interest in NetApp as a leading data storage and management company, despite recent market volatility. Forteris' move suggests confidence in NetApp's long-term growth potential.
The details
According to a recent 13F filing, Forteris Wealth Management Inc. established a new position in NetApp during the fourth quarter of 2025. The institutional investor purchased 10,980 shares of the data storage provider's stock, valued at around $1,176,000. This investment makes NetApp the 26th largest holding in Forteris' portfolio, accounting for approximately 1.2% of its total assets.
- Forteris Wealth Management Inc. purchased the NetApp shares in the fourth quarter of 2025.
- The 13F filing disclosing the investment was submitted on April 17, 2026.
The players
Forteris Wealth Management Inc.
An institutional investment firm that manages a diversified portfolio of stocks, bonds, and other assets.
NetApp, Inc.
A leading data storage and management company that provides hybrid cloud data services for applications and data.
The takeaway
This investment by Forteris Wealth Management underscores the continued institutional confidence in NetApp's long-term growth prospects, despite recent market volatility. As a leading data storage and management company, NetApp's position in the evolving cloud and hybrid IT landscape remains strong.
