NetApp Inc (NASDAQ:NTAP) Chairman Daniel Warmenhoven sold 41,763 shares of the stock on the open market in a transaction dated Thursday, May 1st. The stock was sold at an average price of $35.56, for a total transaction of $1,485,092.28. Following the completion of the sale, the chairman now directly owns 65,059 shares of the company’s stock, valued at approximately $2,313,498. NetApp Inc. (NASDAQ:NTAP) shares after opening at $34.37 moved to $34.60 on last trade day and at the end of the day closed at $ 33.70 . Company price to sales ratio in past twelve months was calculated as 1.75 and price to cash ratio as 2.20. NetApp Inc. (NASDAQ:NTAP) showed a negative weekly performance of -5.36%.
JDS Uniphase Corp (NASDAQ:JDSU)‘s stock had its “buy” rating reiterated by Stifel Nicolaus in a research note issued on Thursday,Analyst Ratings Network reports. They currently have a $16.00 price target on the stock. Stifel Nicolaus’ price target suggests a potential upside of 45.99% from the company’s current price. JDS Uniphase Corp (NASDAQ:JDSU) shares advanced 1.23% in last trading session and ended the day on $10.74. JDSU return on equity ratio is recorded as 8.20% and its return on assets is 4.60%. JDS Uniphase Corp (NASDAQ:JDSU) yearly performance is -21.89%.
Fusion-IO Inc (NYSE:FIO)‘s stock had its “neutral” rating reaffirmed by equities researchers at Bank of America in a research report issued on Thursday, American Banking and Market News reports. They currently have a $11.00 price target on the stock, down from their previous price target of $12.00. Fusion-IO, Inc. (NYSE:FIO) shares moved down -3.35% in last trading session and was closed at $8.07 while trading in range of $7.90 – $8.37 – Fusion-IO, Inc. (NYSE:FIO) year to date (YTD) performance is -9.43%.
Quantum Corp. (NYSE:QTM) reported results for the fiscal fourth quarter and full year 2014 ended March 31, 2014. Revenue was $128.0 million, within the January guidance range but down 9 percent, primarily due to lower tape automation and DXi® sales. Scale-out storage (StorNext® and Lattus™) revenue grew 9 percent, driven by a nearly 50 percent increase in North America sales. GAAP operating loss was $12.5 million, a slight improvement from a $12.9 million operating loss. Quantum Corp (NYSE:QTM) weekly performance is -8.43%. On last trading day company shares ended up $0.989. Quantum Corp (NYSE:QTM) distance from 50-day simple moving average (SMA50) is -14.58%. Analysts mean target price for the company is $2.08.