NEW YORK ( TheStreet) -- NetApp (Nasdaq: NTAP) hit a new 52-week high Monday as it is currently trading at $40.34, above its previous 52-week high of $39.51 with 2.4 million shares traded as of 10:05 a.m. ET. Average volume has been 8.1 million shares over the past 30 days. NetApp has a market cap of $14.09 billion and is part of the technology sector and computer hardware industry. Shares are up 16.3% year to date as of the close of trading on Friday. NetApp, Inc. engages in design, manufacture, and marketing of networked storage solutions. The company supplies enterprise storage and data management software and hardware products and services.