Neogen Corp. (NEOG) Chairman & CEO James L Herbert sells 50,000 Shares

Chairman & CEO of Neogen Corp. (NEOG, Financial) James L Herbert sells 50,000 shares of NEOG on 10/06/2009 at an average price of $30.42 a share.

Neogen Corporation develops manufactures and markets a diverse line ofproducts dedicated to food and animal safety. The company's food safety segment consists primarily of diagnostic test kits and related products including dehydrated culture media marketed to food producers and processors to aid in the detection of foodborne bacteria natural toxins food allergens drug residues pesticide residues plant disease infections and levels of general sanitation. Neogen Corp. has a market cap of $451.4 million; its shares were traded at around $30.5 with a P/E ratio of 31.4 and P/S ratio of 3.8. Neogen Corp. had an annual average earning growth of 23.4% over the past 10 years. GuruFocus rated Neogen Corp. the business predictability rank of 3.5-star.

Recent Trades of Neogen Corp. by Directors and Officers:
  • Buy: Director Clayton K Yeutter bought 900 shares of NEOG stock on 05/05/2009 at the average price of $22.2; the price of the stock has increased by 37.39% since.

  • Buy: Director Clayton K Yeutter bought 900 more shares of NEOG stock on 05/05/2009 at the average price of $22.2; the price of the stock has increased by 37.39% since.

  • Sell: Vice President Anthony E Maltese sold 1,800 shares of NEOG stock on 08/19/2009 at the average price of $29; the price of the stock has increased by 5.17% since.