Artisan Partners Limited Partnership increased its stake in Veracyte, Inc. (NASDAQ:VCYT) by 16.6% in the third quarter, acquiring an additional 1,048,692 shares and now owning 9.32% of the company worth $253 million. This comes amidst other institutional investor activity and positive news for Veracyte, including a Q4 earnings beat, improved profitability, and analyst price target increases. However, the article also notes recent insider selling and mixed institutional flows.
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Artisan Partners Limited Partnership Acquires 1,048,692 Shares of Veracyte, Inc. $VCYT
Artisan Partners Limited Partnership increased its stake in Veracyte, Inc. (NASDAQ:VCYT) by 16.6% in the third quarter, acquiring an additional 1,048,692 shares and now owning 9.32% of the company worth $253 million. This comes amidst other institutional investor activity and positive news for Veracyte, including a Q4 earnings beat, improved profitability, and analyst price target increases. However, the article also notes recent insider selling and mixed institutional flows.