I would say the sell off is in the making with the hiring of this CFO
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Ron Pasek Joins NetApp as Executive Vice President, Chief Financial Officer
Sunnyvale, Calif — March 30, 2016
"Most recently, he served as CFO of Altera Corporation before the company was acquired by Intel Corporation."
http://www.netapp.com/us/company/news/press-releases/news-rel-20160330-590549.aspx
Which CFO? Was there an announcement?