Neogen Corporation (NASDAQ:NEOG) VP Edward Bradley sold 20,000 shares of the stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $78.60, for a total value of $1,572,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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 value 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 value 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 value 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 value 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 value 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 value of $331,650.00.

Neogen Corporation (NEOG) traded up 0.18% during mid-day trading on Tuesday, reaching $78.47. The company’s stock had a trading volume of 164,084 shares. The firm has a market cap of $3.00 billion, a PE ratio of 65.94 and a beta of 1.51. The company has a 50-day moving average price of $72.38 and a 200-day moving average price of $66.78. Neogen Corporation has a 12-month low of $50.53 and a 12-month high of $79.99.

Neogen Corporation (NASDAQ:NEOG) last released its quarterly earnings results on Tuesday, September 19th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.01. The firm 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 company’s revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.26 EPS. On average, equities research analysts expect that Neogen Corporation will post $1.32 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: This story was originally posted by American Banking News and is the property of of American Banking News. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/10/10/neogen-corporation-neog-vp-edward-bradley-sells-20000-shares-2.html.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NEOG. SG Americas Securities LLC bought a new position in shares of Neogen Corporation during the 2nd quarter valued at $154,000. Riverhead Capital Management LLC lifted its holdings in shares of Neogen Corporation by 91.4% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,297 shares of the company’s stock valued at $159,000 after buying an additional 1,097 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Neogen Corporation by 53.0% during the 1st quarter. Victory Capital Management Inc. now owns 2,543 shares of the company’s stock valued at $167,000 after buying an additional 881 shares during the period. Teacher Retirement System of Texas bought a new position in shares of Neogen Corporation during the 2nd quarter valued at $209,000. Finally, Creative Planning lifted its holdings in shares of Neogen Corporation by 1.3% during the 2nd quarter. Creative Planning now owns 3,478 shares of the company’s stock valued at $240,000 after buying an additional 46 shares during the period. 86.12% of the stock is currently owned by hedge funds and other institutional investors.

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)

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.