NetApp Inc. The Winning Streak Continues

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Shares of NetApp Inc. NTAP traded today at $96.75, eclipsing its 12-month high. Approximately 338,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.

NetApp Inc. is currently priced 22.7% above its average consensus analyst price target of $74.61.

In the past 12 months, NetApp Inc. share prices are bracketed by a low of $58.83 and a high of $96.75 and are 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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This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.