NEOS Investment Management LLC Boosts Stake in Biotech Giant Amgen Inc.
NEOS Investment Management LLC has increased its stake in Amgen Inc. (NASDAQ:AMGN), a biotechnology company, by 10.8% during the second quarter.
The institutional investor owned approximately 409,827 shares of Amgen's stock after buying an additional 39,887 shares during the quarter.
Amgen's quarterly revenue was up 9.5% compared to the same quarter last year, and the company posted $6.29 EPS for the quarter, beating analysts' consensus estimates of $5.62 by $0.67.