Lakeland Industries, Inc. (NASDAQ:LAKE) VP An Hui Purchases 3,000 Shares of Stock

Lakeland Industries, Inc. (NASDAQ:LAKEGet Rating) VP An Hui acquired 3,000 shares of the business’s stock in a transaction that occurred on Friday, September 16th. The stock was bought at an average cost of $11.43 per share, for a total transaction of $34,290.00. Following the completion of the purchase, the vice president now owns 16,814 shares of the company’s stock, valued at $192,184.02. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Lakeland Industries Price Performance

NASDAQ LAKE opened at $11.54 on Tuesday. The stock has a market capitalization of $86.72 million, a P/E ratio of 20.61 and a beta of 0.38. The business has a 50 day simple moving average of $14.57 and a 200 day simple moving average of $16.36. Lakeland Industries, Inc. has a one year low of $11.13 and a one year high of $22.21.

Institutional Trading of Lakeland Industries

Several large investors have recently modified their holdings of LAKE. Private Capital Management LLC lifted its position in shares of Lakeland Industries by 30.4% during the 2nd quarter. Private Capital Management LLC now owns 1,036,131 shares of the medical instruments supplier’s stock valued at $15,915,000 after acquiring an additional 241,376 shares during the period. Wellington Management Group LLP boosted its position in shares of Lakeland Industries by 1.7% during the 1st quarter. Wellington Management Group LLP now owns 710,842 shares of the medical instruments supplier’s stock worth $13,641,000 after purchasing an additional 12,219 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Lakeland Industries by 0.3% in the 2nd quarter. Renaissance Technologies LLC now owns 579,602 shares of the medical instruments supplier’s stock valued at $8,903,000 after buying an additional 1,800 shares during the period. Dimensional Fund Advisors LP increased its position in Lakeland Industries by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 542,606 shares of the medical instruments supplier’s stock valued at $10,413,000 after buying an additional 1,907 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Lakeland Industries by 1.8% in the first quarter. Vanguard Group Inc. now owns 366,869 shares of the medical instruments supplier’s stock worth $7,040,000 after acquiring an additional 6,662 shares in the last quarter. Institutional investors and hedge funds own 75.10% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on LAKE. TheStreet lowered shares of Lakeland Industries from a “b-” rating to a “c+” rating in a report on Tuesday, August 30th. StockNews.com downgraded shares of Lakeland Industries from a “buy” rating to a “hold” rating in a research note on Monday, September 12th.

Lakeland Industries Company Profile

(Get Rating)

Lakeland Industries, Inc manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and firefighting and heat protective apparel to protect against fire.

Further Reading

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