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Bio-Techne Corporation (TECH) Slid on Rise in Investors' Concerns
Bio-Techne Corporation (TECH) Slid on Rise in Investors' Concerns

Yahoo

time02-08-2025

  • Business
  • Yahoo

Bio-Techne Corporation (TECH) Slid on Rise in Investors' Concerns

Aristotle Atlantic Partners, LLC, an investment advisor, released its 'Large Cap Growth Strategy' second quarter 2025 investor letter. A copy of the letter can be downloaded here. The US equity market regained its strength following an early volatility, with the S&P 500 Index rising 10.94% during the period. In this environment, Aristotle Atlantic's Large Cap Growth Strategy delivered -18.63% gross of fees (18.45% net of fees), outperforming the Russell 1000 Growth Index's17.84% return. In addition, please check the fund's top five holdings to know its best picks in 2025. In its second-quarter 2025 investor letter, Aristotle Atlantic Large Cap Growth Strategy highlighted stocks such as Bio-Techne Corporation (NASDAQ:TECH). Bio-Techne Corporation (NASDAQ:TECH), with a market capitalization of $8.58 billion, develops, manufactures, and sells life science reagents, instruments, and services for the research and clinical diagnostic markets. The one-month return of Bio-Techne Corporation (NASDAQ:TECH) was 2.99%, and its shares lost 31.73% of their value over the last 52 weeks. On July 31, 2025, Bio-Techne Corporation (NASDAQ:TECH) stock closed at $54.73 per share. Aristotle Atlantic Large Cap Growth Strategy stated the following regarding Bio-Techne Corporation (NASDAQ:TECH) in its second quarter 2025 investor letter: "Bio-Techne Corporation (NASDAQ:TECH) detracted from relative performance in the second quarter, as investor concerns rose for companies in the life sciences and tools industry with outsized exposure to the academic and government sectors. These concerns stemmed from changes and limitations placed on the use of National Institutes of Health (NIH) funding grants and the potential for additional budget cuts in the president's proposed budget. In spite of the weakness, Bio-Techne issued a solid quarterly earnings report, with momentum across several product areas. We believe that Bio-Techne is well-positioned to recover once the funding concerns are addressed." A scientist in a laboratory working with petri dishes and microscopes filled with a variety of reagents. Bio-Techne Corporation (NASDAQ:TECH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 34 hedge fund portfolios held Bio-Techne Corporation (NASDAQ:TECH) at the end of the first quarter, which was 24 in the previous quarter. In the fiscal third quarter of 2025, Bio-Techne Corporation (NASDAQ:TECH) generated $316.2 million in revenues, up 6% year-over-year on an organic basis and 4% on reported basis. While we acknowledge the potential of Bio-Techne Corporation (NASDAQ:TECH) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Bio-Techne Corporation (NASDAQ:TECH) and shared the list of most profitable biotech stocks to invest in. Headwaters Capital Management initiated a position in Bio-Techne Corporation (NASDAQ:TECH) during Q2 2025. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

Tech CEO Andy Byron and HR chief spotted ‘all over each other' moments before being caught on kiss cam at Coldplay gig
Tech CEO Andy Byron and HR chief spotted ‘all over each other' moments before being caught on kiss cam at Coldplay gig

Scottish Sun

time19-07-2025

  • Entertainment
  • Scottish Sun

Tech CEO Andy Byron and HR chief spotted ‘all over each other' moments before being caught on kiss cam at Coldplay gig

Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) TECH boss Andy Byron and his HR chief were spotted "all over each other" moments before they were caught on a kiss cam at a Coldplay gig. Filmed from behind their seats, footage obtained by TMZ, shows the pair silhouetted by stage lights as Coldplay performed 'Yellow' at Boston's Gillette Stadium. Sign up for Scottish Sun newsletter Sign up 8 A video obtained by TMZ appears to show the pair kissing (centre) during Coldplay's concert Credit: TMZ 8 The moment Astronomer CEO Andy Byron and Chief People Officer Kristin Cabot appeared on Coldplay's 'kiss cam' Credit: tiktok/instaagraace 8 Mr Byron dived to hide behind the barrier while Cabot turned and covered her face Credit: tiktok/instaagraace 8 The moment Chris Martin spots the alleged affair on the kiss cam Credit: @calebu2/TMX In the new video, the duo are seen hugging and swaying to the music while the crowd lights up the stadium with their phones. At one point, Byron leans in to kiss Cabot — suggesting the behaviour captured on the kiss cam wasn't a one-off. They appear relaxed and affectionate — a stark contrast to the panicked expressions seen when the kiss cam later caught them on the jumbotron. 'They were all over each other even when they weren't on the kiss-cam,' TMZ claimed. 'This rear-view shows a much more intimate interaction.' An earlier video captured the pair visibly shocked as they appeared on the stadium's kiss cam. Chris Martin, Coldplay's frontman, commented live on stage: 'They're either having an affair… or they're very shy.' Seconds later, Byron dropped his arm and ducked behind a barrier while Cabot covered her face. As he caught view of himself, Byron appeared to say "f****** hell, it's me". Martin added, laughing nervously: 'Oh s***, I hope we didn't do something bad.' New video shows Chris Martin cringe at sight of embarrassed CEO caught cuddling HR boss during Coldplay concert A night later, Martin cracked a joke with another couple on the kiss cam after accidentally catching the tech boss allegedly cheating with his HR chief. The fan who captured the original kiss cam moment told The U.S. Sun she had no idea the couple were senior tech executives. She said: 'I just thought I caught an interesting reaction to the kiss cam and decided to post it. A part of me feels bad… but, play stupid games, win stupid prizes.' Even longer footage has since dropped, showing the full reaction of panicked "mistress" Kristin Cabot. Further revelations have since emerged claiming Cabot is still married to another powerful CEO. Property records obtained by the Daily Mail from earlier this year list the couple as "husband and wife". Her wedding ring was not visible during the Coldplay concert. Byron is also married. His wife, Megan Kerrigan Byron, has since removed his surname from her social media accounts before deleting them altogether. Neither Byron nor Cabot has responded to media requests for comment. Both executives have been placed on leave, Axios reports, with Byron said to be negotiating an exit package. Astronomer confirmed the suspensions and launched a formal investigation shortly after the incident. 8 Astronomer made a statement Credit: LinkedIn 8 Andy Byron has worked at the tech firm for more than two years Credit: LinkedIn 8 Kristin Cabot is Astronomer's Chief People Officer Credit: LinkedIn The company said: "Astronomer is committed to the values and culture that have guided us since our founding. 'The Board of Directors has initiated a formal investigation into this matter and we will have additional details to share very shortly.' The firm has also named co-founder Pete DeJoy as interim CEO. Byron had been CEO of Astronomer - valued at over $1.3billion - since July 2023. Cabot, who goes by Kristin Cabot Thornby on LinkedIn, joined as Chief People Officer nine months ago. When Cabot was appointed, Byron called her a 'proven leader' with 'exceptional leadership and deep expertise in talent management.' Cabot previously boasted on her LinkedIn profile that she "wins trust with employees of all levels, from CEOs to managers to assistants." The scandal has triggered widespread attention even among former employees. One ex-colleague told The New York Post that group chats were exploding as people were 'laughing their a** off' after seeing Byron caught on camera. The executive was described as a 'sales-obsessed' leader with a reportedly 'toxic' management style. Social media has also been flooded with memes and fake statements from Byron and Coldplay. A fake post attributed to Coldplay suggested they would introduce 'camera-free zones' for concertgoers with 'sidepieces.'

Bio-Techne's Quarterly Earnings Preview: What You Need to Know
Bio-Techne's Quarterly Earnings Preview: What You Need to Know

Yahoo

time18-07-2025

  • Business
  • Yahoo

Bio-Techne's Quarterly Earnings Preview: What You Need to Know

Valued at a market cap of $8.1 billion, Bio-Techne Corporation (TECH) is a leading Minneapolis-based life sciences company that develops and supplies over 500,000 high-quality products, including reagents, diagnostic tools, and analytical instruments for research, bioprocessing, and clinical diagnostics. It is expected to announce its fiscal Q4 earnings on Wednesday, Aug. 6. Prior to this event, analysts project this biotechnology company to report a profit of $0.45 per share, down 8.2% from $0.49 per share in the year-ago quarter. The company has a promising trajectory of consistently beating Wall Street's bottom-line estimates in each of the last four quarters. More News from Barchart Insider Trading Alert: Here's Who Bought Nvidia and AMD Stock Before the U.S. Chip Deal with China Dear Tesla Stock Fans, Mark Your Calendars for July 23 As QuantumScape Hits New 2025 Highs, Should You Buy, Sell, or Hold QS Stock? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the current year, analysts expect TECH to report EPS of $1.66, up 5.7% from $1.57 in fiscal 2024. Shares of TECH have declined 31.9% over the past 52 weeks, considerably trailing both the S&P 500 Index's ($SPX) 12.7% upstick, and the Health Care Select Sector SPDR Fund's (XLV) 11.8% loss over the same time frame. On May 7, TECH shares surged over 2% after reporting its Q3 results. The company reported robust earnings driven by solid demand across its core segments, particularly in cell and gene therapy tools, diagnostics, and proteomic solutions. Its revenue came in at $316.2 million, reflecting year-over-year growth, while adjusted earnings per share stood at $0.56, beating analyst estimates. Wall Street analysts are moderately optimistic about TECH's stock, with a "Moderate Buy" rating overall. Among 15 analysts covering the stock, ten recommend "Strong Buy," and five indicate 'Hold.' The mean price target for TECH is $64.92, which indicates a notable 21.8% potential upside from the current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio

Tech CEO Andy Byron gushed about hiring HR chief Kristin Cabot months before they were caught cuddling at Coldplay gig
Tech CEO Andy Byron gushed about hiring HR chief Kristin Cabot months before they were caught cuddling at Coldplay gig

The Irish Sun

time17-07-2025

  • Entertainment
  • The Irish Sun

Tech CEO Andy Byron gushed about hiring HR chief Kristin Cabot months before they were caught cuddling at Coldplay gig

TECH CEO Andy Byron had gushed about hiring HR chief Kristin Cabot months before they were coat cuddling at a Coldplay gig. Byron and Cabot were left red-faced as they in each other's arms. Advertisement 6 The moment Astronomer CEO Andy Byron and Chief People Officer Kristin Cabot appeared on Coldplay's 'kiss cam' Credit: tiktok/instaagraace 6 The pair rushed to hide their faces as the crowd laughed Credit: tiktok/instaagraace 6 Byron dived to hide behind the barrier while Cabot turned and covered her face Credit: tiktok/instaagraace Married Byron And now it has emerged that the Astronomer CEO had raved about the HR chief when she was hired a mere few months before they were caught on camera. Byron called Cabot a "proven leader" when she joined the company in November last year. He gushed: "Kristin's exceptional leadership and deep expertise in talent management, employee engagement, and scaling people strategies will be critical as we continue our rapid trajectory. Advertisement read more news "She is a proven leader at multiple growth-stage companies and her passion for fostering diverse, collaborative workplaces makes her a perfect fit for Astronomer." The press release added that Cabot "has a proven track record of preserving and enriching company culture at organizations experiencing rapid growth". Calbot released a similarly enthusiastic comment, saying she was "energised in my conversations with Andy and the Astronomer leadership team about the opportunities that exist here". Her statement added: "I prefer to think of my role as people strategy versus traditional human resources, as the real magic happens when you align the people strategy with the business strategy." Advertisement Most read in The US Sun The pair were watching Coldplay perform in Boston, Massachusetts, on Wednesday night when frontman Chris Martin panned his 'kiss cam' onto them. Yellow singer Martin exclaimed: "Oh look at these two." Conor McGregor's fiancee Dee Devlin breaks silence after UFC champ pictured kissing mystery woman on a beach in Florida But, realising their grinning faces were being cast on a giant screen in front of thousands at Gillette Stadium, they both swiftly unlocked arms and shielded their faces. As a chorus of laughter echoed around the jam-packed stadium, Martin said: "Oh what... either they're having an affair or they're very shy." Advertisement Cabot was recruited as software development firm Astronomer's Chief People Officer just nine months ago in November. On her LinkedIn, she boasts: "I lead by example and win trust with employees of all levels, from CEOs to managers to assistants." Cabot - who has the second surname Thornby in brackets on her page - adds: "I'm a passionate people leader known for building award-winning cultures from the ground up for fast-growing startups and multi-national corporations." According to Byron's LinkedIn, he has been CEO of Astronomer - understood to be worth more than £1 billion - since July 2023. Advertisement The cringeworthy footage has gone viral on social media - having been shared thousands of times on X and TikTok. Hundreds have accused Byron of cheating on his wife, and have shared support for her. One social media user commented: "Sorry for the wife but glad they're being exposed and embarrassed." Another wrote: "How utterly sad." Advertisement A third said: "They are both incredibly stupid, sorry. Why would you go to a concert of all places if you are having an affair." Byron and Cabot do not appear to have addressed the affair accusations yet. The Sun has approached Astronomer for comment. 6 Andy Byron has worked at the tech firm for more than two years Credit: LinkedIn Advertisement 6 Kristin Cabot is Astronomer's Chief People Officer Credit: LinkedIn 6 Chris Martin joked that the pair were 'either having an affair or they're very shy' Credit: Getty

Tech CEO Andy Byron gushed about hiring HR chief Kristin Cabot months before they were caught cuddling at Coldplay gig
Tech CEO Andy Byron gushed about hiring HR chief Kristin Cabot months before they were caught cuddling at Coldplay gig

Scottish Sun

time17-07-2025

  • Entertainment
  • Scottish Sun

Tech CEO Andy Byron gushed about hiring HR chief Kristin Cabot months before they were caught cuddling at Coldplay gig

Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) TECH CEO Andy Byron had gushed about hiring HR chief Kristin Cabot months before they were coat cuddling at a Coldplay gig. Byron and Cabot were left red-faced as they flashed up on a big screen in front of thousands in each other's arms. 6 The moment Astronomer CEO Andy Byron and Chief People Officer Kristin Cabot appeared on Coldplay's 'kiss cam' Credit: tiktok/instaagraace 6 The pair rushed to hide their faces as the crowd laughed Credit: tiktok/instaagraace 6 Byron dived to hide behind the barrier while Cabot turned and covered her face Credit: tiktok/instaagraace Married Byron dived to hide behind a barrier, while Cabot covered her face with her hands and turned her back to the crowd. And now it has emerged that the Astronomer CEO had raved about the HR chief when she was hired a mere few months before they were caught on camera. Byron called Cabot a "proven leader" when she joined the company in November last year. He gushed: "Kristin's exceptional leadership and deep expertise in talent management, employee engagement, and scaling people strategies will be critical as we continue our rapid trajectory. "She is a proven leader at multiple growth-stage companies and her passion for fostering diverse, collaborative workplaces makes her a perfect fit for Astronomer." The press release added that Cabot "has a proven track record of preserving and enriching company culture at organizations experiencing rapid growth". Calbot released a similarly enthusiastic comment, saying she was "energised in my conversations with Andy and the Astronomer leadership team about the opportunities that exist here". Her statement added: "I prefer to think of my role as people strategy versus traditional human resources, as the real magic happens when you align the people strategy with the business strategy." The pair were watching Coldplay perform in Boston, Massachusetts, on Wednesday night when frontman Chris Martin panned his 'kiss cam' onto them. Yellow singer Martin exclaimed: "Oh look at these two." Conor McGregor's fiancee Dee Devlin breaks silence after UFC champ pictured kissing mystery woman on a beach in Florida But, realising their grinning faces were being cast on a giant screen in front of thousands at Gillette Stadium, they both swiftly unlocked arms and shielded their faces. As a chorus of laughter echoed around the jam-packed stadium, Martin said: "Oh what... either they're having an affair or they're very shy." Cabot was recruited as software development firm Astronomer's Chief People Officer just nine months ago in November. On her LinkedIn, she boasts: "I lead by example and win trust with employees of all levels, from CEOs to managers to assistants." Cabot - who has the second surname Thornby in brackets on her page - adds: "I'm a passionate people leader known for building award-winning cultures from the ground up for fast-growing startups and multi-national corporations." According to Byron's LinkedIn, he has been CEO of Astronomer - understood to be worth more than £1 billion - since July 2023. The cringeworthy footage has gone viral on social media - having been shared thousands of times on X and TikTok. Hundreds have accused Byron of cheating on his wife, and have shared support for her. One social media user commented: "Sorry for the wife but glad they're being exposed and embarrassed." Another wrote: "How utterly sad." A third said: "They are both incredibly stupid, sorry. Why would you go to a concert of all places if you are having an affair." Byron and Cabot do not appear to have addressed the affair accusations yet. The Sun has approached Astronomer for comment. 6 Andy Byron has worked at the tech firm for more than two years Credit: LinkedIn 6 Kristin Cabot is Astronomer's Chief People Officer Credit: LinkedIn

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