Neogen Corporation (NASDAQ:NEOG), saw a high level insider increase his exposure to the company with a transaction filed today. Vice President and Chief Financial Officer Steven J. Quinlan bought 931 shares of common stock at an average price of $42.96 per share. Following the completion of this transaction, Quinlan now has 6,807 shares directly invested into the company.
A $1.62 billion market cap company, Neogen Corporation (NASDAQ:NEOG), together with its subsidiaries, develops, manufactures, and markets a diverse line of products dedicated to food and animal safety.
In addition, there is one hedge fund in particular with the largest amount invested with the company. Weatherbie Capital, the hedge fund run by Matthew A. Weatherbie, saw a decrease in it’s holdings recently as it reported a lowering of it’s involvement by 82% last quarter, and the fund now has 34,479 shares worth about $1.5 million invested in Neogen Corporation
(NASDAQ:NEOG).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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