Neogen Corporation (NASDAQ: NEOG) reported first-quarter fiscal 2027 revenue of $222.8 million, up 6.5% from $209.2 million a year earlier. The company posted a net loss of $11.9 million, or $0.05 per diluted share, compared with net income of $36.3 million, or $0.17 per diluted share, in the prior-year quarter.
Neogen raised its fiscal 2027 revenue guidance to $885 million to $890 million and its adjusted EBITDA outlook to $181 million to $183 million.
- Food Safety revenue rose 7.4% to $163.2 million, while Animal Safety revenue increased 4.2% to $59.6 million.
- Domestic revenue totaled $110.1 million and international revenue was $112.7 million.
- Cash flow from operations was $12.9 million, and free cash flow was $4.7 million.
- The company expects to begin its planned multi-quarter Petrifilm manufacturing transition in November 2026.
- Neogen expects regulatory reviews related to the sale of its global Genomics business to Zoetis to conclude by the end of December 2026.
$NEOG Insider Trading Activity
$NEOG insiders have traded $NEOG stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $NEOG stock by insiders over the last 6 months:
- MIKHEAL NASSIF (CEO) purchased 370 shares for an estimated $4,369
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NEOG Hedge Fund Activity
We have seen 128 institutional investors add shares of $NEOG stock to their portfolio, and 144 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NEUBERGER BERMAN GROUP LLC added 8,819,077 shares (+113.8%) to their portfolio in Q2 2026, for an estimated $79,283,502
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 8,132,134 shares (+677.0%) to their portfolio in Q2 2026, for an estimated $73,107,884
- MACKENZIE FINANCIAL CORP removed 7,803,226 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $70,151,001
- SG CAPITAL MANAGEMENT LLC added 3,319,145 shares (+inf%) to their portfolio in Q2 2026, for an estimated $29,839,113
- SG AMERICAS SECURITIES, LLC added 3,086,032 shares (+49.3%) to their portfolio in Q2 2026, for an estimated $27,743,427
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 3,000,426 shares (+inf%) to their portfolio in Q2 2026, for an estimated $26,973,829
- GATES CAPITAL MANAGEMENT, INC. added 2,483,625 shares (+39.7%) to their portfolio in Q2 2026, for an estimated $22,327,788
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
