PRIMECAP Management acquired 14.7 Million Netapp shares worth $1.59 Billion. That's 1.18% of their equity portfolio (20th largest holding). The investor owns 7.55% 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 32 occasions. The stake costed the investor $537 Million, netting the investor a gain of 196% so far.
PRIMECAP Management Adjusts Stake in NetApp Inc
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