Legal & General Group Plc significantly increased its stake in IDEXX Laboratories, Inc. (NASDAQ:IDXX) by 4.1% in the third quarter, bringing its total ownership to 0.85% of the company’s stock, valued at $431.59 million. Other institutional investors also adjusted their holdings, with several boosting their positions and hedge funds collectively owning 87.84% of the company. Despite recent insider selling and a slight dip in stock price, analysts have a “Moderate Buy” consensus rating with an average target price of $783.33.
IDEXX Laboratories, Inc. $IDXX Shares Purchased by Legal & General Group Plc
Legal & General Group Plc significantly increased its stake in IDEXX Laboratories, Inc. (NASDAQ:IDXX) by 4.1% in the third quarter, bringing its total ownership to 0.85% of the company’s stock, valued at $431.59 million. Other institutional investors also adjusted their holdings, with several boosting their positions and hedge funds collectively owning 87.84% of the company. Despite recent insider selling and a slight dip in stock price, analysts have a “Moderate Buy” consensus rating with an average target price of $783.33.