Nikki Hamblin Buys Shares of Lakeland Industries

Nikki Hamblin recently purchased 7,553 shares of Lakeland Industries, Inc. (NasdaqGM: LAKE) on June 16, 2026. The transaction code indicates an acquisition, but the specific price and total value were not disclosed.

Other Institutional Activity in Lakeland Industries

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

Lakeland Industries Stock Snapshot

Shares of NasdaqGM:LAKE traded near $10.42. Lakeland Industries has a market cap of approximately $102.8 million and a forward P/E ratio of 18.12. The stock has a 52-week low of $7.15 and a high of $18.00, with a 50-day moving average of $10.09 and a 200-day moving average of $11.55. Its beta is 1.458, indicating a higher volatility compared to the market. The company maintains a current ratio of 3.09 and a quick ratio of 1.28, with a debt-to-equity ratio of 31.65.

Recent Earnings

In its recent earnings report, Lakeland Industries posted revenue of $193.3 million, reflecting a modest growth of 1.4%. However, the company reported a net margin of -10.88% and a return on equity of -15.36%, indicating financial challenges. The next earnings release is scheduled for September 9, 2026.

Analysts Set New Price Targets

On June 11, 2026, DA Davidson maintained its buy rating on Lakeland Industries with a price target of $18.00. Earlier, on April 20, 2026, the firm upgraded the stock to a buy with a target of $14.00. Lake Street also maintained its buy rating on April 17, 2026, with a target of $13.00. The consensus among analysts is a strong buy, with a mean target price of $16.50 based on four opinions.

About Lakeland Industries

Lakeland Industries, Inc., based in Huntsville, Alabama, is a manufacturer of industrial protective clothing and accessories. The company serves various sectors including oil, chemical, automotive, and government agencies, offering products like firefighter apparel, chemical protective suits, and disposable clothing. With operations in the U.S., Europe, Mexico, and Asia, Lakeland aims to provide safety solutions for industrial and first responder markets. The company is led by CEO James M. Jenkins and employs around 2,570 people.

Bottom Line

Nikki Hamblin's acquisition of Lakeland Industries shares highlights ongoing interest in the company's stock. Despite some financial hurdles, the company remains a significant player in the protective apparel industry. Investors and analysts continue to monitor Lakeland's performance closely, as reflected in recent institutional moves and analyst ratings.