Yesterday, the EC of Neogen Corp (NASDAQ: NEOG), James Herbert, sold shares of NEOG for $2.57M.
Following James Herbert’s last NEOG Sell transaction on April 18, 2018, the stock climbed by 2.4%. In addition to James Herbert, 3 other NEOG executives reported Sell trades in the last month.
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Based on Neogen Corp’s latest earnings report for the quarter ending February 28, the company posted quarterly revenue of $95.89 million and quarterly net profit of $16.59 million. In comparison, last year the company earned revenue of $88.39 million and had a net profit of $10.29 million. NEOG’s market cap is $3.71B and the company has a P/E ratio of 64.13. Currently, Neogen Corp has an average volume of 210.6K.
In the last 30 days, insiders have sold $4.34M worth of NEOG shares and purchased $49.56K worth of NEOG shares. The insider sentiment on Neogen Corp has been negative according to 49 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Neogen Corp. develops, manufactures and markets products dedicated to food and animal safety. It operates through two segments: Food Safety and Animal Safety.
