The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Neogen Corp shares valued at $29,831 were purchased by Woteki Catherine E on Apr 25 ’25. At $5.17 per share, Woteki Catherine E acquired 5,770 shares. The insider’s holdings grew to 13,244 shares worth approximately $66882.2 following the completion of this transaction.
Also, BOREL JAMES C purchased 30,000 shares, netting a total of over 149,700 in proceeds. Following the buying of shares at $4.99 each, the insider now holds 90,474 shares.
Before that, BOEHM WILLIAM T had added 5,000 shares to its account. In a trade valued at $26,175, the Director bought Neogen Corp shares for $5.24 each. Upon closing the transaction, the insider’s holdings increased to 5,000 shares, worth approximately $0.18 million.
As published in their initiating research note from Guggenheim on December 19, 2024, Neogen Corp [NEOG] has been a Buy and the price target has been revised to $15. Analysts at Wells Fargo started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid June. As of November 22, 2022, William Blair has increased its “Mkt perform” rating to a “an Outperform” for NEOG. Earlier on July 12, 2022, Piper Sandler initiated its rating. Their recommendation was “a Neutral” for NEOG stock.
Analyzing NEOG Stock Performance
During the last five days, there has been a surge of approximately 2.64%. Over the course of the year, Neogen Corp shares have dropped approximately -58.40%. Shares of the company reached a 52-week high of $13.40 on 01/07/25 and a 52-week low of $3.87 on 04/09/25. A 50-day SMA is recorded $7.98, while a 200-day SMA reached $12.81.
Support And Resistance Levels for Neogen Corp (NEOG)
According to the 24-hour chart, there is a support level at 4.88, which, if violated, would cause prices to drop to 4.72. In the upper region, resistance lies at 5.20. The next price resistance is at 5.35. RSI (Relative Strength Index) is 31.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.04, which suggests the price will decrease in the coming days. Percent R is at 51.17%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
