Neogen Corporation (NEOG) VP Edward Bradley Sells 20,000 Shares of Stock

Neogen Corporation (NASDAQ:NEOG) VP Edward Bradley sold 20,000 shares of the company’s stock in a transaction on Monday, October 9th. The stock was sold at an average price of $78.60, for a total value of $1,572,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

  • On Wednesday, October 4th, Edward Bradley sold 5,401 shares of Neogen Corporation stock. The stock was sold at an average price of $78.60, for a total transaction of $424,518.60.
  • On Thursday, September 28th, Edward Bradley sold 20,000 shares of Neogen Corporation stock. The stock was sold at an average price of $76.79, for a total transaction of $1,535,800.00.
  • On Wednesday, September 20th, Edward Bradley sold 38,876 shares of Neogen Corporation stock. The stock was sold at an average price of $71.28, for a total transaction of $2,771,081.28.
  • On Monday, September 11th, Edward Bradley sold 13,628 shares of Neogen Corporation stock. The stock was sold at an average price of $70.06, for a total transaction of $954,777.68.
  • On Wednesday, September 6th, Edward Bradley sold 6,372 shares of Neogen Corporation stock. The stock was 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 stock was sold at an average price of $66.33, for a total transaction of $331,650.00.

Neogen Corporation (NEOG) opened at 78.47 on Wednesday. Neogen Corporation has a 52 week low of $50.53 and a 52 week high of $79.99. The company’s 50 day moving average is $72.38 and its 200-day moving average is $66.78. The firm has a market cap of $3.00 billion, a P/E ratio of 65.94 and a beta of 1.52.

Neogen Corporation (NASDAQ:NEOG) last released its quarterly earnings results on Tuesday, September 19th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.30 by $0.01. Neogen Corporation had a net margin of 12.28% and a return on equity of 9.93%. The firm had revenue of $95.30 million for the quarter, compared to the consensus estimate of $94.87 million. During the same quarter in the previous year, the firm posted $0.26 EPS. The firm’s quarterly revenue was up 14.0% on a year-over-year basis. Equities analysts expect that Neogen Corporation will post $1.32 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: “Neogen Corporation (NEOG) VP Edward Bradley Sells 20,000 Shares of Stock” was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this report on another publication, it was copied illegally and republished in violation of international copyright and trademark laws. The legal version of this report can be viewed at https://stocknewstimes.com/2017/10/11/neogen-corporation-neog-vp-edward-bradley-sells-20000-shares-of-stock.html.

A number of equities analysts recently commented on NEOG shares. BidaskClub downgraded shares of Neogen Corporation from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Zacks Investment Research upgraded shares of Neogen Corporation from a “hold” rating to a “buy” rating and set a $72.00 target price for the company in a research note on Thursday, July 20th. Finally, CL King started coverage on shares of Neogen Corporation in a research note on Friday, July 14th. They set a “neutral” rating for the company.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in shares of Neogen Corporation in the 2nd quarter worth about $154,000. Riverhead Capital Management LLC increased its position in shares of Neogen Corporation by 91.4% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,297 shares of the company’s stock worth $159,000 after purchasing an additional 1,097 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Neogen Corporation by 53.0% in the 1st quarter. Victory Capital Management Inc. now owns 2,543 shares of the company’s stock worth $167,000 after purchasing an additional 881 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in shares of Neogen Corporation in the 2nd quarter worth about $209,000. Finally, Creative Planning increased its position in shares of Neogen Corporation by 1.3% in the 2nd quarter. Creative Planning now owns 3,478 shares of the company’s stock worth $240,000 after purchasing an additional 46 shares during the last quarter. 86.12% of the stock is 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)

Receive News & Ratings for Neogen Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neogen Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply