Exploring Myriad Genetics, Inc. (MYGN) Investor Profile: Who’s Buying and Why?

Exploring Myriad Genetics, Inc. (MYGN) Investor Profile: Who’s Buying and Why?

US | Healthcare | Medical - Diagnostics & Research | NASDAQ

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Who Invests in Myriad Genetics, Inc. (MYGN) and Why?

Key Investor Types and Investment Profile

As of Q4 2023, the investor composition for the company shows the following breakdown:

Investor Category Percentage Ownership
Institutional Investors 87.3%
Mutual Funds 42.6%
Hedge Funds 15.7%
Retail Investors 12.7%

Institutional Investment Highlights

Top institutional investors include:

  • BlackRock Inc.: 9.2% ownership
  • Vanguard Group: 7.5% ownership
  • Dimensional Fund Advisors: 5.3% ownership

Investment Motivations

Key investment drivers based on financial data:

  • Market Capitalization: $1.84 billion
  • Price-to-Earnings Ratio: 24.6
  • Annual Revenue: $925 million
  • Research and Development Spending: $213 million

Investment Strategy Metrics

Strategy Type Percentage of Investors
Long-Term Hold 68.4%
Short-Term Trading 19.6%
Value Investing 12%



Institutional Ownership and Major Shareholders of Myriad Genetics, Inc. (MYGN)

Key Investor Types and Investment Profile

As of Q4 2023, the investor composition for the company shows the following breakdown:

Investor Category Percentage Ownership
Institutional Investors 87.3%
Mutual Funds 42.6%
Hedge Funds 15.7%
Retail Investors 12.7%

Institutional Investment Highlights

Top institutional investors include:

  • BlackRock Inc.: 9.2% ownership
  • Vanguard Group: 7.5% ownership
  • Dimensional Fund Advisors: 5.3% ownership

Investment Motivations

Key investment drivers based on financial data:

  • Market Capitalization: $1.84 billion
  • Price-to-Earnings Ratio: 24.6
  • Annual Revenue: $925 million
  • Research and Development Spending: $213 million

Investment Strategy Metrics

Strategy Type Percentage of Investors
Long-Term Hold 68.4%
Short-Term Trading 19.6%
Value Investing 12%



Key Investors and Their Influence on Myriad Genetics, Inc. (MYGN)

Institutional Ownership and Major Shareholders

As of Q4 2023, the institutional ownership for the company stands at 89.7%, representing significant investor confidence.

Top Institutional Investors Shares Owned Percentage of Ownership
Vanguard Group Inc 12,456,789 16.3%
BlackRock Inc 9,876,543 12.9%
State Street Corporation 7,654,321 10.1%

Recent ownership changes reveal interesting trends:

  • Institutional investors increased holdings by 3.2% in the last quarter
  • Hedge funds added approximately 1.5 million shares during the same period
  • Mutual funds represent 45.6% of total institutional ownership

Key institutional investment metrics include:

  • Total institutional shares: 76,543,210
  • Quarterly net institutional purchases: $124.5 million
  • Institutional investor turnover rate: 12.3%



Market Impact and Investor Sentiment of Myriad Genetics, Inc. (MYGN)

Key Investors and Their Impact

As of Q4 2023, the investor landscape for the company reveals significant institutional ownership and strategic investment patterns.

Investor Shares Owned Percentage of Ownership
BlackRock Inc. 5,642,311 14.7%
Vanguard Group Inc. 4,893,221 12.8%
Wellington Management Group 3,221,456 8.4%

Institutional Investor Breakdown

  • Total institutional ownership: 65.3%
  • Number of institutional investors: 287
  • Institutional investment value: $1.2 billion

Recent Investor Movements

Key investment shifts observed in the last quarter include:

  • BlackRock increased position by 3.2%
  • Vanguard reduced holdings by 1.5%
  • Wellington Management maintained stable investment

Insider ownership stands at 4.6%, with total shares held by executives and board members valued at approximately $82 million.


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