<div id="readability-page-1"><p>Kennedy Capital Management LLC lowered its position in  Neogen Corporation (NASDAQ:NEOG - Free Report) by 52.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor  owned 294,206 shares of the company's stock after selling 318,666 shares during the quarter. Kennedy Capital Management LLC owned approximately 0.14% of Neogen worth $1,406,000 as of its most recent SEC filing.</p><p>Several other institutional investors also recently bought and sold shares of the company. Savant Capital LLC purchased a new stake in shares of  Neogen in the 2nd quarter worth $50,000.  Blue Trust Inc. increased its stake in shares of  Neogen by 181.7% during the second quarter. Blue Trust Inc. now owns 11,974 shares of the company's stock valued at $57,000 after buying an additional 7,724 shares during the period.  AlphaQuest LLC raised its holdings in shares of  Neogen by 20,281.9% in the second quarter. AlphaQuest LLC now owns 14,675 shares of the company's stock valued at $70,000 after acquiring an additional 14,603 shares in the last quarter.  Pinnacle Wealth Planning Services Inc. purchased a new stake in  Neogen in the second quarter worth about $71,000.  Finally, Greenleaf Trust purchased a new stake in  Neogen in the second quarter worth about $76,000. 96.73% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Neogen Trading Up 0.8%</h2><p>NASDAQ NEOG opened at $5.98 on Monday. Neogen Corporation has a 52 week low of $3.87 and a 52 week high of $13.51. The company has a 50 day moving average price of $6.02 and a 200 day moving average price of $5.60. The company has a quick ratio of 2.26, a current ratio of 3.58 and a debt-to-equity ratio of 0.37. The firm has a market cap of $1.30 billion, a PE ratio of -1.25 and a beta of 1.99. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of research firms have commented on NEOG. Wall Street Zen downgraded shares of Neogen from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Sunday, November 9th. Piper Sandler  set a $6.50 price objective on shares of Neogen and gave the company a &#34;neutral&#34; rating in a research note on Thursday, October 16th. Weiss Ratings  reissued a &#34;sell (e+)&#34; rating on shares of Neogen in a research note on Monday, December 1st. Zacks Research raised Neogen from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Wednesday, August 20th. Finally, CJS Securities started coverage on Neogen in a report on Monday, September 29th. They issued a &#34;market perform&#34; rating and a $10.00 price target on the stock. One equities research analyst  has rated the stock with a Buy rating, four have assigned  a Hold rating and one  has issued  a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $8.83.</p><p><b>Get Our Latest Analysis on NEOG</b></p><h2>Neogen Company Profile</h2> (Free Report)<p>Neogen Corporation, together with its subsidiaries, engages in the development, manufacture, and marketing of various products and services dedicated to food and animal safety worldwide. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment offers diagnostic test kits and related products to detect dangerous and unintended substances in food and animal feed, including foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns; and AccuPoint Advanced rapid sanitation test to detect the presence of adenosine triphosphate, a chemical found in living cells, as well as provides  genomics-based diagnostic technology and software systems that help testers to objectively analyze and store their results and perform analysis on the results from multiple locations over extended periods.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Neogen</li><li>What is the NASDAQ Stock Exchange?</li><li>Rubrik’s Massive Rebound: Why the Next Leg Higher Could Be Fast</li><li>Buy P&amp;G Now, Before It Sets A New All-Time High</li><li>Five Below and Dollar Tree Earnings Signal a Shopper Shift</li><li>What Are Treasury Bonds?</li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkVPRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkVPRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Neogen Right Now?</h2><p>Before you consider Neogen, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Neogen wasn't on the list.</p><p>While Neogen currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

NEOG

<p>Kennedy Capital Management LLC reduced its stake in Neogen Corporation by 52% in Q2, owning 294,206 shares worth $1.4 million. Neogen's stock opened at $5.98, with a 52-week range of $3.87-$13.51. Analysts have mixed ratings, with a consensus "Hold" and target price of $8.83. Neogen focuses on food and animal safety products.</p>

Kennedy Capital Management LLC Lowers Holdings in Neogen Corporation $NEOG