Walmart halts H-1B visa offers amid Trump’s $100,000 fee increase - Bloomberg
Elizabeth M. O’Callahan, Executive Vice President and Chief Administrative Officer at NetApp, Inc. (NASDAQ:NTAP), a $24 billion market cap technology company that has seen its shares surge 44% over the past six months, sold 1,000 common shares of the company on October 10, 2025, for $119 each, totaling $119,000.
Following the transaction, O’Callahan directly owns 22,628 common shares of NetApp.
The sale was executed under a prearranged Rule 10b5-1 trading plan adopted on November 29, 2024.
In other recent news, NetApp reported revenue of $1.56 billion, aligning with UBS estimates and marking a year-over-year growth of approximately 3% when adjusted for the previous sale of the ’Spot’ asset. UBS subsequently raised its price target for NetApp to $114, maintaining a Neutral rating on the stock. Additionally, NetApp unveiled new cyber resilience capabilities, including data breach detection for enterprise storage and isolated recovery environments. The company also introduced new products for AI workloads, such as the NetApp AFX and AI Data Engine, at its INSIGHT 2025 conference. In collaboration with Cisco, NetApp enhanced its converged infrastructure offerings, integrating its AFX architecture with Cisco Nexus switches. Furthermore, NetApp expanded its partnership with Google Cloud by introducing new block storage capabilities in Google Cloud NetApp Volumes, supporting both NAS and SAN protocols. These developments reflect NetApp’s ongoing efforts to enhance its product offerings and strategic partnerships.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.