Wilkins Joseph JR. Buys Shares of QDEL
Wilkins Joseph JR. has increased his holdings in QDEL by purchasing 15,532 shares.
Key Points
- Wilkins Joseph JR. bought 15,532 shares of QDEL on June 25, 2026, as part of insider transactions.
- QDEL shares traded at $13.79 on Tuesday, with notable institutional activity including FMR LLC's 21.6% increase.
- Analysts from Jefferies and Citigroup maintained hold ratings with targets at $12.5 and $13.0 respectively.
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Wilkins Joseph JR. made a significant purchase of QDEL shares on June 25, 2026, acquiring 15,532 shares. This insider transaction was part of a broader pattern of insider buying activity on the same day.
Insider Buying and Selling at QuidelOrtho Corporation
A number of insiders at QDEL were active in the market on June 25, 2026. Notably, Mary Lake Polan acquired 15,532 shares, while Kenneth Widder bought 1,997 shares. Other insiders, including John Chiminski and Edward Michael, also made purchases of 1,109 and 1,053 shares respectively. None of these transactions were part of a planned trading program.
Other Institutional Activity in QDEL
Several institutional investors adjusted their positions in QDEL recently. BlackRock, Inc. added 107,409 shares, bringing its total holdings to 10,449,127 shares valued at approximately $171.7 million, marking a 1.0% increase. FMR LLC increased its stake by 1,170,934 shares, totaling 6,591,152 shares worth about $108.3 million, a 21.6% rise. Meanwhile, T. Rowe Price Investment Management, Inc. reduced its holdings by 6,202,133 shares, ending with 5,629,965 shares valued at $92.5 million, a decrease of 52.4%. Newtyn Management, LLC significantly boosted its position by 1,543,877 shares, totaling 4,558,472 shares valued at $74.9 million, showing a 51.2% increase.
Analysts Set New Price Targets
Analysts have been adjusting their outlooks for QDEL. On May 7, 2026, Jefferies downgraded the stock to a hold rating with a price target of $12.5. Citigroup on May 6, 2026, maintained its hold rating with a target of $13.0. UBS had previously maintained a hold rating with a target of $17.0 on April 10, 2026. The general consensus among analysts remains cautious with a hold rating.
Bottom Line
The recent insider activity at QDEL, including significant purchases by Wilkins Joseph JR., suggests confidence in the company's prospects. Institutional investors also showed varied interest, with some increasing and others decreasing their stakes. While analysts have maintained a conservative outlook with hold ratings, the stock's performance and insider transactions will be closely watched by investors.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.