Neogen (NEOG) Insider Makes Significant Share Sale

Tuesday, October 10, 2017 10:15 PM ET

Neogen (NEOG) Insider Makes Significant Share Sale

There was a notable sale of shares of Neogen by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Edward Bradley, Officer — sold 20,000 shares in the company having a market value of approximately $1,572,054. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 500 company shares and the sale of 68,148 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 87,648 shares and have averaged 17,730 shares per transaction over this time period.

Insider buy/sell trading at Neogen is greater than the 81 peer company average over the last 90-day period. However, the number of shares per average transaction for Neogen insider buy-sell trading is very close to the average of the Medical Equipment, Supplies & Distribution peer group of companies. This peer group saw 394,951 shares purchased and 1,179,770 shares sold resulting in an average of 17,693 shares traded and netting out with company insiders selling 8,818 shares on average.

The data obtained in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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