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Oxford Nanopore Technologies Sees Increased Stake by U.S. Investor

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Oxford Nanopore Technologies Sees Increased Stake by U.S. Investor

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An announcement from Oxford Nanopore Technologies PLC ( (GB:ONT) ) is now available.

Oxford Nanopore Technologies PLC announced a change in major shareholding, with EIT Oxford Holdings, LLC, a U.S.-based entity, increasing its voting rights from 8.02% to 9.02% as of February 18, 2025. This adjustment in holdings, linked to Lawrence J. Ellison and associated entities, indicates a growing confidence and potential influence in the company’s strategic decisions, reflecting stakeholder interest in Oxford Nanopore’s expanding role within the biotechnology industry.

More about Oxford Nanopore Technologies PLC

Oxford Nanopore Technologies PLC operates within the biotechnology sector, specializing in developing and providing nanopore sequencing products and technologies. These products are primarily focused on real-time, scalable DNA and RNA sequencing, catering to academic researchers, healthcare professionals, and industrial users globally.

YTD Price Performance: -1.09%

Average Trading Volume: 3,321,366

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £1.22B

For detailed information about ONT stock, go to TipRanks’ Stock Analysis page.

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