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veracyte attracts institutional investment amid positive earnings and analyst ratings

Company insiders hold 1.30% of Veracyte's stock, while institutional investors have increased their stakes significantly, with Point72 Asset Management acquiring a new position worth $12.3 million. Analysts have given Veracyte a "Moderate Buy" rating, with a consensus price target of $34.80, despite mixed ratings from various firms. Recently, the company reported a quarterly EPS of $0.07, exceeding estimates, and a revenue increase of 26.7% year-over-year.
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Veracyte, Inc. USA Evan Jones John Leite
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14:35 16.10.2024
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