The President-Protein Sciences of Bio-Techne (NASDAQ: TECH) is Selling Shares

Yesterday, the President-Protein Sciences of Bio-Techne (TECHResearch Report), David Eansor, sold shares of TECH for $275.6K.

Following David Eansor’s last TECH Sell transaction on May 11, 2018, the stock climbed by 44.5%. In addition to David Eansor, one other TECH executive reported Sell trades in the last month.

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Based on Bio-Techne’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $185 million and quarterly net profit of $119 million. In comparison, last year the company earned revenue of $175 million and had a net profit of $17.54 million. The company has a one-year high of $223.29 and a one-year low of $178.28. TECH’s market cap is $7.44B and the company has a P/E ratio of 39.20.

The insider sentiment on Bio-Techne has been negative according to 38 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Bio-Techne Corp. engages in the development, manufacture and sale of biotechnology reagents and instruments for the research and clinical diagnostic markets. It operates through the following segments: Biotechnology, Protein Platforms, Diagnostics, and Corporate.