The Manufacturers Life Insurance Company Sells 39,950 Shares of Bio-Techne Corp $TECH

The Manufacturers Life Insurance Company reduced its stake in Bio-Techne Corp (NASDAQ:TECH) by 26.1% in the first quarter, selling 39,950 shares and retaining 113,374 shares valued at $5.9 million. Bio-Techne reported Q1 EPS of $0.53, missing analyst consensus of $0.55, with revenue down 1.5% year-over-year to $311.42 million. Despite the stock opening at $72.00, near its 52-week high, analysts hold a "Hold" consensus rating with an average price target of $68.08, following recent downgrades.