Neogen Corporation (NEOG) VP Sells $424,518.60 in Stock

Neogen Corporation (NASDAQ:NEOG) VP Edward Bradley sold 5,401 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $78.60, for a total value of $424,518.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Edward Bradley also recently made the following trade(s):

  • On Thursday, September 28th, Edward Bradley sold 20,000 shares of Neogen Corporation stock. The shares were sold at an average price of $76.79, for a total value of $1,535,800.00.
  • On Wednesday, September 20th, Edward Bradley sold 38,876 shares of Neogen Corporation stock. The shares were sold at an average price of $71.28, for a total value of $2,771,081.28.
  • On Monday, September 11th, Edward Bradley sold 13,628 shares of Neogen Corporation stock. The shares were sold at an average price of $70.06, for a total value of $954,777.68.
  • On Wednesday, September 6th, Edward Bradley sold 6,372 shares of Neogen Corporation stock. The shares were sold at an average price of $70.05, for a total value of $446,358.60.
  • On Wednesday, July 19th, Edward Bradley sold 5,000 shares of Neogen Corporation stock. The shares were sold at an average price of $66.33, for a total value of $331,650.00.

Neogen Corporation (NASDAQ NEOG) opened at 78.76 on Monday. Neogen Corporation has a 12-month low of $50.53 and a 12-month high of $79.99. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of 66.18 and a beta of 1.51. The stock has a 50 day moving average price of $71.63 and a 200-day moving average price of $66.55.

Neogen Corporation (NASDAQ:NEOG) last announced its quarterly earnings results on Tuesday, September 19th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. The business had revenue of $95.30 million for the quarter, compared to analysts’ expectations of $94.87 million. Neogen Corporation had a return on equity of 9.93% and a net margin of 12.28%. The business’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.26 EPS. Equities analysts forecast that Neogen Corporation will post $1.31 earnings per share for the current year.

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Several institutional investors have recently made changes to their positions in NEOG. SG Americas Securities LLC acquired a new stake in shares of Neogen Corporation during the 2nd quarter worth approximately $154,000. Riverhead Capital Management LLC increased its position in Neogen Corporation by 91.4% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,297 shares of the company’s stock valued at $159,000 after acquiring an additional 1,097 shares during the period. Victory Capital Management Inc. increased its position in Neogen Corporation by 53.0% in the 1st quarter. Victory Capital Management Inc. now owns 2,543 shares of the company’s stock valued at $167,000 after acquiring an additional 881 shares during the period. Teacher Retirement System of Texas acquired a new stake in Neogen Corporation in the 2nd quarter valued at approximately $209,000. Finally, Creative Planning increased its position in Neogen Corporation by 1.3% in the 2nd quarter. Creative Planning now owns 3,478 shares of the company’s stock valued at $240,000 after acquiring an additional 46 shares during the period. Institutional investors and hedge funds own 86.12% of the company’s stock.

A number of research analysts have recently issued reports on the company. Zacks Investment Research lowered Neogen Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 18th. CL King assumed coverage on Neogen Corporation in a report on Friday, July 14th. They issued a “neutral” rating on the stock. Finally, BidaskClub raised Neogen Corporation from a “buy” rating to a “strong-buy” rating in a report on Friday, June 30th.

Neogen Corporation Company Profile

Neogen Corporation develops, manufactures and markets a range of products and services dedicated to food and animal safety. The Company operates through two segments: Food Safety and Animal Safety. The Food Safety segment produces and markets diagnostic test kits and related products used by food producers and processors to detect harmful natural toxins, foodborne bacteria, allergens and levels of general sanitation.

Insider Buying and Selling by Quarter for Neogen Corporation (NASDAQ:NEOG)

Insider Buying and Selling by Quarter for Neogen Corporation (NASDAQ:NEOG)

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