NEOG Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own NEOG shares is 446, representing 118.86% of the company's common stock.

BLACKROCK INC., in the last quarter, reduced its stake in NEOG by -1.22% restricting it's holding to 24.55 million shares of worth nearly $387.38M. ALLIANZ ASSET MANAGEMENT GMBH also lessened -6.95% of the NEOG shares from its portfolio, reducing its holding to 486.94 thousand shares of worth $7.68M. WELLS FARGO & COMPANY/MN also shunned NEOG shares holding by -35.57% last quarter which brought its holding to 480.37 thousand shares worth $7.58M.

As per its latest 13F filing, BAMCO INC /NY/ increased its stake in NEOG by 10.28% in the last quarter. The institutional holder raised its holding to 7.3 million shares having worth more than $115.27M. PEREGRINE CAPITAL MANAGEMENT LLC also added 100% more shares of NEOG to its portfolio, raising its holding to 564.3 thousand shares of worth $8.90M. GEODE CAPITAL MANAGEMENT, LLC also increased its NEOG shares holding by 3.22% which brought its holding to 4.85 million shares worth $76.56M.

The insider with the most stakes in NEOG is ADENT JOHN EDWARD , CEO at the company. Additionally, NEOG stock is highly held by CFO Naemura David H. and Chief Operating Officer Jones Douglas Edward among others.

Company executives, directors, and other insiders own 0.27% percent of Neogen Corporation's stock. Within the last six months, there have been 0 transaction(s) in which NEOG insiders have sold stock, totaling 0 shares. Insiders that have sold shares include LILLY JASON WARREN, BOEHM WILLIAM T, and QUINLAN STEVEN J..

There have been 3 transaction(s) during the past 6-months in which Neogen Corporation insiders have bought stock, totalling 52335 shares

Around 547.08K Neogen Corporation shares are held by insiders, which represents about 0.27% of NEOG stock.

NEOG CEO, ADENT JOHN EDWARD holds the largest portfolio of the company's shares. NEOG shares owned by ADENT total nearly 269.16 thousand.

BAMCO INC /NY/ is the largest institutional owner in NEOG which holds 7.3 million shares worth $115.27M or 3.37% of the total NEOG shares outstanding followed by PEREGRINE CAPITAL MANAGEMENT LLC with ownership of 564.3 thousand shares representing 0.26% of the NEOG ownership. BLACKROCK INC. is the third largest stakeholder with 24.55 million shares or 11.33% of the ownership worth more than $387.38M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the NEOG is concerned, it is a stock which is optionable.

Number of NEOG shares short is 21.17M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 216.94M shares of NEOG are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, NEOG has 200.61M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for NEOG is 11.82.