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Qiagen Reports AFM Notification of Major Stake by Massachusetts Financial Services

Story Highlights
  • Qiagen received AFM notification that Massachusetts Financial Services and affiliates hold 7.77 percent capital interest and 10.03 percent voting rights in the company.
  • The substantial institutional stake, disclosed via the Dutch regulator’s register, highlights strong asset-manager interest in Qiagen’s shares and its shareholder base composition.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Qiagen Reports AFM Notification of Major Stake by Massachusetts Financial Services

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The latest announcement is out from Qiagen ( (QGEN) ).

Qiagen N.V. has disclosed that the Dutch financial markets regulator AFM notified the company of a substantial shareholding in Qiagen held by Massachusetts Financial Services Company and related entities. According to the AFM register, these investors together hold a capital interest of 7.77% and voting rights amounting to 10.03% in Qiagen, split between direct and indirect holdings in ordinary shares. Qiagen emphasized that it is not responsible for the accuracy of the AFM notification, which nonetheless underscores a significant institutional investor position in the company’s shareholder base and may be viewed as an indication of ongoing interest from large asset managers in the stock.

The most recent analyst rating on (QGEN) stock is a Hold with a $48.00 price target. To see the full list of analyst forecasts on Qiagen stock, see the QGEN Stock Forecast page.

More about Qiagen

Qiagen N.V., based in Venlo, the Netherlands, is a life sciences and molecular diagnostics company whose shares are listed on major European exchanges including Frankfurt as well as on the NYSE and Swiss markets. The company develops and supplies sample and assay technologies used in molecular testing, serving clinical diagnostics, pharmaceutical and biotechnology companies, and research institutions worldwide.

Average Trading Volume: 1,196,106

Technical Sentiment Signal: Strong Buy

Current Market Cap: $9.81B

Find detailed analytics on QGEN stock on TipRanks’ Stock Analysis page.

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