PRIMECAP Management acquired 12.2 Million Netapp shares worth $1.15 Billion. That's 0.89% of their equity portfolio (31st largest holding). The investor owns 6.06% of the outstanding Netapp stock. The first Netapp trade was made in Q1 2013. Since then PRIMECAP Management bought shares eleven more times and sold shares on 36 occasions. The stake costed the investor $446 Million, netting the investor a gain of 159% so far.
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC''s "Halftime Report" to explain why he''s buying NetApp as it hits a 52-week high.
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he's buying NetApp as it hits a 52-week high.
PRIMECAP Management Adjusts Stake in NetApp Inc
NetApp Named Official Data Infrastructure Partner After Ducati’s Triple Crown Winning 2022 Season NetApp, a global cloud-led, data-centric software companyan...