Acadian Asset Management LLC Sells 5,472 Shares of Neogen Co. (NASDAQ:NEOG)

Acadian Asset Management LLC is a financial services company that provides investment management and advisory services to institutional clients. The company has recently sold 5,472 shares of Neogen Co., a leading provider of advanced non-destructive testing (NDT) solutions for the oil and gas industry.

Neogen Co. is headquartered in Lincolnshire, Illinois, and operates globally with a focus on providing innovative NDT solutions that help customers improve safety, reliability, and efficiency in their operations. The company's products and services include ultrasonic testing, phased array ultrasonic testing (PAUT), magnetic particle inspection (MPI), and radiography.

The sale of shares by Acadian Asset Management LLC may indicate that the company is divesting from its investment in Neogen Co. or reducing its exposure to the stock. However, without further information, it is difficult to determine the reasons behind this transaction. It is also worth noting that the sale of shares does not necessarily reflect the company's overall view of the stock or the industry as a whole.