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Conestoga Mid Cap Composite's investment thesis on Neogen Corp. ($NEOG) — Q2 2025 | Buyside Digest

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$NEOGNASDAQNeogen Corp.

BEAR

Conestoga Mid Cap Composite—NEOG

Fund Letter

Q2 2025

Published June 30, 2025

View Fund Profile

$11.22USD

-5.2% vs last month

$5.33Pitched

+110.5% since pitch

Market Cap$2.4B

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

The manager decided to exit the position in Neogen due to persistent integration issues with 3M's food safety business and frequent changes in leadership. These struggles have...

— Conestoga Capital Advisors, LLC

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