Sunday, June 1, 2025

Latest

Neptune Wellness Sees Largest Investor Increase Ownership To 19.39%

Neptune Wellness (TSX: NEPT) (NASDAQ: NEPT) has seen its institutional investor ownership grow. This evening, an alternative monthly report was filed by that of Perceptive Advisors, LLC in relation to its holdings in Neptune Wellness, which has improved significantly as of late.

Perceptive has been a long time investor in the CBD-focused operator, having originally invested in the firm as far back as 2017. It’s total holdings has fluctuated between 9.91% and 10.82% previously as a result of dilutionary events, with the firm being classified as a minority shareholder as early as December 2018.

That investment grew to 14.8% of the company as of July 2019 following a private placement wherein Perceptive placed approximately US$20 million into the firm, taking roughly half of the entire placement themselves. Now however, that stake has grown even larger.

On May 19, the company purchased an additional 5,000,000 common shares of Neptune via the Nasdaq open market, spending US$12.5 million in the process. The sizable purchase resulted in Perceptive Advisors increasing its stake in the company to 19.39% of Neptune’s outstanding common shares, an increase of 4.59%.

Perceptive currently owns 18,436,906 common shares of Neptune Wellness.

Neptune Wellness last traded at $3.07 on the Nasdaq.


Information for this analysis was found via Sedar and Neptune Wellness Solutions Inc. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

Neptune Wellness Receives Nasdaq Notification After Closing Price Trades Below Minimum Bid

Neptune Wellness Solutions Inc. (Nasdaq: NEPT) (TSX: NEPT) received written notification on Monday from the...

Wednesday, September 1, 2021, 02:03:00 PM

Recent US Cannabis Financings May Signal Institutions Expect A Democratic Sweep

It appears that cannabis investors may be betting on a Joe Biden election win south...

Wednesday, October 21, 2020, 01:35:00 PM

Neptune Wellness Sees Topline Revenue Grow 155%, Posts Negative Gross Profit

What’s the purpose of revenue growth if it comes at a gross loss? Neptune Wellness...

Monday, November 16, 2020, 05:14:37 PM

Neptune Wellness Elects To Walk From Toronto Stock Exchange Listing

The Toronto Stock Exchange has lost another listing as it continues to struggle to compete...

Friday, July 29, 2022, 09:02:20 AM

Neptune Wellness Enters Plant-Based Food Sector With Controlling Interest Acquisition Of Sprout Foods

Neptune Wellness (TSX: NEPT) (NASDAQ: NEPT) appears to be pivoting its business model yet again....

Wednesday, February 10, 2021, 07:35:39 AM