From MarketBeat: Riverbridge Partners LLC Takes Position in Stevanato Group S.p.A. (NYSE:STVN)

From MarketBeat:



Riverbridge Partners LLC acquired 715,735 shares of Stevanato Group S.p.A. in the third quarter, valued at approximately $21,272,000. Several other hedge funds also recently bought and sold shares of the company. The firm has a market capitalization of $8.08 billion, with a P/E ratio of 46.34, and a beta of 0.71. Stevanato Group S.p.A. engages in the design, production, and distribution of products and processes to provide integrated solutions for biopharma and healthcare. The company operates in two segments, Biopharmaceutical and Diagnostic Solutions, and Engineering. The company last announced its earnings results on Tuesday, October 31st. The company’s stock has received several buy ratings from analysts. Additionally, MarketBeat has identified five stocks that top analysts are suggesting to buy now, which do not include Stevanato Group. Investors are encouraged to check out those five stocks, which market analysts believe are better buys. Finally, a free report on investing in 5G and which 5G stocks show the most promise is available through MarketBeat.



Original: Riverbridge Partners LLC Takes Position in Stevanato Group S.p.A. (NYSE:STVN)