Shares of NetApp Inc. (NASDAQ:NTAP) traded today at $96.75, eclipsing its 52-week high. Approximately 338,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.
NetApp Inc. (NASDAQ:NTAP) is currently priced 22.7% above its average consensus analyst price target of $74.61.
In the past 52 weeks, NetApp Inc. share prices are bracketed by a low of $58.83 and a high of $96.75 and is now at $96.50, 64% above that low price.
NetApp is a leading provider of enterprise data management and storage solutions. The company’s three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
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