IDEXX Laboratories, Inc. (NASDAQ:IDXX), saw one of it’s leaders increase his exposure to the company. Chairman, President and Chief Executive Officer Jonathan W. Ayers bought 10,000 shares of common stock at an average price of $34.37 per share. Following the transaction, Ayers now holds 406,036 shares in the company directly, while indirectly having 49,000 shares (through a family trust) invested in IDEXX Laboratories, Inc. (NASDAQ:IDXX), the $6.32 billion market cap company that develops, manufactures and distributes products and provides services primarily for the companion animal veterinary, livestock and poultry, water testing and dairy markets.
As well, while there are multiple hedge funds with holdings in the company, one in particular has substantially the most stake in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Royce & Associates, the hedge fund controlled by Chuck Royce, reported a drop in its activity by 20% last quarter, and now has 1,203,911 shares worth about $146.1 million invested into the company.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.