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Rhumbline Advisers Reduces Position in IDEXX Laboratories, Inc. $IDXX
Rhumbline Advisers decreased its stake in IDEXX Laboratories, Inc. (NASDAQ:IDXX) by 3.1% during the third quarter, selling 5,492 shares and now owning 174,026 shares valued at $111.18 million. Despite this reduction, other institutional investors like Geode Capital Management and Bank of New York Mellon Corp increased their positions significantly. The company recently reported strong quarterly earnings, topping analyst estimates, and has a “Moderate Buy” consensus rating from analysts with an average target price of $783.33.