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Profile - Network Appliance, Inc. (NasdaqNM:NTAP)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials | Reports
Recent Events
Aug 14Earnings Announcement
July 27Fiscal quarter ended
July 24Price hit new 52-week low ($9.55)
Location
495 East Java Drive
Sunnyvale, CA 94089
Phone: (408) 822-6000
Fax: (408) 367-3151
Email: investor-relations@netapp.com
Employees (last reported count): 2,403
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Computer Networks
Company Websites
 ·Home Page
 ·Products & Services
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Index Membership
 ·S&P 500
 ·Nasdaq 100
Ownership
·Insider and 5%+ Owners: 22%
·Over the last 6 months:
 · 6 insider sells; 1.11M shares
  (1.5% of insider shares)
·Institutional: 47% (60% of float)
(954 institutions)
·Net Inst. Selling: 27.2M shares (+21.44%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Network Appliance, Inc. is engaged in the business of network-attached data management and storage solutions. Network Appliance hardware, software, and service offerings are used to create, manage and scale seamless data fabrics, moving information to users globally. The Company's products consist of filer storage and caching appliances, data management and content delivery software, and support services. Network Appliance storage appliances, or filers, are systems that provide highly reliable data storage management. The Company's NetCache appliances allow customers to scale network infrastructure, reduce bandwidth costs, ease network bottlenecks, and simplify data management and content delivery. The Company's NetApp software offers a set of features that ensure mission-critical availability and reduce the complexity of enterprise storage management. The Company's customer service and support organization provides technical support, education and training.
More from Market Guide: Expanded Business Description

Financial Summary
Network Appliance, Inc. designs, manufactures, markets and supports high performance network data storage devices which provide fast, reliable and cost effective file service for data-intensive network environments. For the three months ended 7/27/01, net sales fell 13% to $200.4 million. Net loss totalled $513 thousand, vs. an income of $5 million. Results reflect a lower volume of units shipped, lower gross margins and increased amortization of intangibles expense.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Compensation
PayExer

Donald Valentine, 67
Chairman
--  --  
Daniel Warmenhoven, 49
CEO, Director
$746K$7.8M
Thomas Mendoza, 49
Pres
392K27.0M
Jeffry Allen, 48
Exec. VP- Operations and Fin., CFO and Sec.
390K10.7M
David Hitz, 37
Exec. VP - Engineering
300K--  
Dollar amounts are as of 28-Apr-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:NTAPAs of 31-Aug-2001
Price and Volume
52-Week Low
on 24-July-2001
$9.55 
Recent Price$12.96 
52-Week High
on 20-Oct-2000
$152.75 
Beta1.83 
Daily Volume (3-month avg)8.33M
Daily Volume (10-day avg)4.54M
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-88.8%
52-Week Change
relative to S&P500
-84.9%
Share-Related Items
Market Capitalization$4.26B
Shares Outstanding329.0M
Float256.6M
Dividends & Splits
Annual Dividendnone 
Last Split: 2 for 1 on 23-Mar-2000
Per-Share Data
Book Value (mrq*)$2.49 
Earnings (ttm)$0.19 
Earnings (mrq)-$0.00 
Sales (ttm)$2.77 
Cash (mrq*)$1.12 
Valuation Ratios
Price/Book (mrq*)5.21 
Price/Earnings (ttm)68.21 
Price/Sales (ttm)4.68 
Income Statements
Sales (ttm)$975.5M
EBITDA (ttm*)$110.3M
Income available to common (ttm)$69.4M
Profitability
Profit Margin (ttm)7.1%
Operating Margin (ttm)8.8%
Fiscal Year
Fiscal Year EndsApr 30
Most recent quarter
(fully updated)
27-July-2001
Most recent quarter
(flash earnings)
31-July-2001
Management Effectiveness
Return on Assets (ttm)7.43%
Return on Equity (ttm)9.52%
Financial Strength
Current Ratio (mrq*)3.50 
Debt/Equity (mrq*)0 
Total Cash (mrq)$368.7M
Short Interest
As of 8-Aug-2001
Shares Short13.4M
Percent of Float5.2%
Shares Short
(Prior Month)
7.09M
Short Ratio1.37 
Daily Volume9.77M
See Profile Help for a description of each item above;   M = millions;   B = billions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 31-July-2001, except mrq*/ttm* items as of 27-July-2001)

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