Lakeland Industries (LAKE) Insider Glavin Buys 7,553 Shares

Martin Glavin has increased his stake in Lakeland Industries, Inc. by purchasing 7,553 shares on June 16, 2026. This transaction did not involve any planned trades and the shares were acquired at no cost as per the filing, with the stock trading at approximately $10.42 at the time.

What Changed in Martin Glavin's Lakeland Industries Position

Martin Glavin bought 7,553 shares of Lakeland Industries, Inc., bringing his total to that amount since there was no previous holding disclosed. This acquisition reflects insider confidence in the company's potential.

Other Institutional Activity in Lakeland Industries

Private Capital Management, LLC significantly increased its stake in Lakeland Industries by adding 305,790 shares, now holding 1,508,223 shares valued at approximately $12.35 million. Royce & Associates LP also increased its position by 62,799 shares to a total of 1,213,422 shares worth about $9.94 million. Meanwhile, Pacific Ridge Capital Partners, LLC added 156,966 shares, ending with 928,981 shares valued at $7.61 million. On the other hand, BlackRock, Inc. trimmed its position slightly, reducing by 5,241 shares to 556,437 shares valued at $4.56 million. Dimensional Fund Advisors LP also reduced its holdings by 100,858 shares, now holding 329,144 shares worth $2.70 million.

Lakeland Industries, Inc. Stock Up 0.1%

Shares of NasdaqGM:LAKE traded around $10.42. The company has a market capitalization of approximately $102.8 million and a forward P/E ratio of 18.12, indicating expectations of future earnings growth. It has a beta of 1.458, suggesting higher volatility compared to the market. The stock's 52-week range is between $7.15 and $18.00, with recent averages of $10.09 for the 50-day and $11.55 for the 200-day moving averages. Lakeland Industries maintains a strong liquidity position with a current ratio of 3.089 and a quick ratio of 1.277. Its debt-to-equity ratio stands at 31.651.

Recent Earnings

Lakeland Industries reported revenues of $193.3 million, with a modest growth rate of 1.4%. Despite a negative net margin of -10.88% and a return on equity of -15.36%, the company is focused on improving its financial performance. The next earnings report is expected on September 9, 2026.

Insider Buying and Selling at Lakeland Industries, Inc.

Alongside Martin Glavin, several other insiders, including Thomas McAteer, Lee Rudow, Melissa Kidd, Jeffrey Schlarbaum, and Ronald Herring Jr., each purchased 7,553 shares on June 16, 2026. These transactions were not part of any pre-planned trading programs.

Analysts Set New Price Targets

On June 11, 2026, DA Davidson maintained its buy rating for Lakeland Industries and set a price target of $18.00. The consensus among analysts is a strong buy, with an average target price of $16.50 based on four analyst opinions.

About Lakeland Industries

Lakeland Industries, Inc. designs and manufactures protective clothing for industrial and first responder markets. Based in Huntsville, Alabama, the company offers a range of products including firefighter apparel, chemical protective suits, and disposable clothing. With operations across the globe, Lakeland serves industries such as oil, chemical, construction, and electronics, and provides services for garment maintenance and repair. The company is led by CEO James M. Jenkins and employs around 2,570 people.

Bottom Line

Insider buying by Martin Glavin and others suggests confidence in Lakeland Industries, Inc.'s future. Investors often watch insider trades as potential indicators of a company's prospects. However, it's important to remember that these trades are disclosed after the fact and may not reflect current conditions. With a strong buy consensus among analysts, Lakeland Industries remains a company to watch.