Sunday, August 24, 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.

Video Articles

First Majestic Q2 Earnings: Another Record Quarter

Sandstorm Gold Fades Into Royal Gold Merger

Equinox Gold Q2 Earnings: Back On Track

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

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 Appoints New Chief Operating Officer

Neptune Wellness Solutions Inc (TSX: NEPT) has appointed David Mayers as the company’s new Chief...

Monday, March 9, 2020, 01:56:54 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 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