Neogen Corporation (NASDAQ:NEOG) VP Edward Bradley sold 13,628 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $70.06, for a total transaction of $954,777.68. Following the transaction, the vice president now owns 71,691 shares in the company, valued at approximately $5,022,671.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • 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 transaction 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 transaction of $331,650.00.
  • On Monday, June 19th, Edward Bradley sold 5,000 shares of Neogen Corporation stock. The shares were sold at an average price of $68.72, for a total transaction of $343,600.00.

Neogen Corporation (NEOG) opened at 70.88 on Wednesday. The company has a market cap of $2.71 billion, a P/E ratio of 62.18 and a beta of 1.51. Neogen Corporation has a 12 month low of $50.53 and a 12 month high of $71.26. The company’s 50-day moving average is $66.90 and its 200-day moving average is $65.29.

Neogen Corporation (NASDAQ:NEOG) last released its earnings results on Tuesday, July 18th. The company reported $0.32 earnings per share for the quarter, hitting the consensus estimate of $0.32. The company had revenue of $98.80 million for the quarter, compared to the consensus estimate of $100.80 million. Neogen Corporation had a net margin of 12.11% and a return on equity of 9.87%. Neogen Corporation’s revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.26 EPS. On average, equities research analysts expect that Neogen Corporation will post $1.30 EPS for the current fiscal year.

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NEOG has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of Neogen Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, August 24th. BidaskClub downgraded shares of Neogen Corporation from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 28th. Finally, CL King initiated coverage on shares of Neogen Corporation in a research report on Friday, July 14th. They set a “neutral” rating on the stock.

A number of large investors have recently added to or reduced their stakes in NEOG. BlackRock Inc. grew its position in Neogen Corporation by 149,314.6% during the 1st quarter. BlackRock Inc. now owns 4,466,002 shares of the company’s stock worth $292,745,000 after purchasing an additional 4,463,013 shares during the last quarter. Vanguard Group Inc. grew its position in Neogen Corporation by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 3,257,469 shares of the company’s stock worth $213,527,000 after purchasing an additional 176,056 shares during the last quarter. Cortina Asset Management LLC grew its position in Neogen Corporation by 168.9% during the 1st quarter. Cortina Asset Management LLC now owns 280,079 shares of the company’s stock worth $18,359,000 after purchasing an additional 175,904 shares during the last quarter. Royce & Associates LP grew its position in Neogen Corporation by 286.0% during the 1st quarter. Royce & Associates LP now owns 151,300 shares of the company’s stock worth $9,918,000 after purchasing an additional 112,100 shares during the last quarter. Finally, OppenheimerFunds Inc. grew its position in Neogen Corporation by 2,910.7% during the 1st quarter. OppenheimerFunds Inc. now owns 96,885 shares of the company’s stock worth $6,351,000 after purchasing an additional 93,667 shares during the last quarter. 86.21% of the stock is currently owned by institutional investors.

About Neogen Corporation

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)

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