5 Notable NASDAQ Names Notched 52-Week Highs on Monday

Cepheid (NASDAQ:CPHD) stock is showing a slight pullback today, after having registered its 52-week high of $53.91 in the previous trading session. The stock has been hovering around the $53 since the beginning of September, when Danaher announced that it will acquire Cepheid for $53 per share in a deal worth $4 billion, including debt. In other news, the company has recently announced the expansion of its Molecular C. Difficile Xpert assay, which it claimed can help in easier detection of lethal Clostridium difficile strains through expanded reporting of binary toxin (CDT) gene. Among the funds we track, 17 funds held $104 million worth of Cepheid’s stock in aggregate at the end of June, having amassed 4.70% of its outstanding stock, compared to 13 investors that held $99 million worth of shares a quarter earlier.

NetApp Inc. (NASDAQ:NTAP) spiked to its 52-week high of $36.09 on Monday in relatively active trading with a volume of 3.40 million shares, close to its 30-day average. Recently, NetApp has started a collaboration with Engage, the technology division of nonprofit Inland Northwest Health Services, under the terms of which NetApp Inc. (NASDAQ:NTAP) will help the division by providing a cost-efficient solution for maintaining their critical patient data. The number of funds from our database long NetApp went down to 19 from 24 during the second quarter, while the total value of their holdings declined to $174 million from $187 million.

Finally, there’s Symantec Corporation (NASDAQ:SYMC), which advanced to its 52-week high of $25.36 yesterday after analysts at Barclay’s issued a note in which they increased their price target to $26 from $24 and maintained their Equal Weight rating. In other news, the company has recently included in the Dow Jones Sustainability North America Index and the Dow Jones Sustainability World Index for the ninth consecutive year. Symantec is a leading company in cyber security segment. Among the funds we track, 38 funds held $1.23 billion worth of Symantec’s stock at the end of June, having amassed 9.90% of its outstanding stock, compared to 33 investors that held $835 million worth of shares a quarter earlier.

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