Lakeland Industries (LAKE) Insider Hamblin Buys 7,553 Shares
Nikki Hamblin has purchased shares of Lakeland Industries, reflecting insider confidence in the company.
Reviewed by automated data checks against the source filing. How we make and check alerts
Nikki Hamblin bought 7,553 shares of Lakeland Industries, Inc. ($LAKE) on June 16, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $LAKE is up 4.9% after 1 week, up 15.3% after 1 month and down 8.5% to date (from the $9.93 close on Jun 16, 2026).
LAKE
Lakeland Industries, Inc.
Key Points
- Nikki Hamblin bought 7,553 shares of Lakeland Industries, Inc. on June 16, 2026, valued at approximately $77,703 based on the recent price of $10.3.
- The stock has a 52-week range of $7.15 to $18.00, currently trading near its 50-day moving average of $11.34.
- Analysts maintain a 'Buy' rating on Lakeland Industries with a target price of $15.00, indicating potential upside from current levels.
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Insider Buying and Selling at Lakeland Industries, Inc.
On June 16, 2026, Nikki Hamblin acquired 7,553 shares of Lakeland Industries, Inc. (LAKE) on the NasdaqGM. The shares were purchased at a recent price of $10.3, valuing the transaction at about $77,703. This move comes as part of a broader trend, with several insiders also buying shares on the same day.
Multiple Insiders Buy Shares
On the same day, other insiders, including Ronald Herring Jr., Jeffrey Schlarbaum, Melissa Kidd, Lee Rudow, and Martin Glavin, each bought 7,553 shares. Additionally, Thomas McAteer made a larger purchase of 10,574 shares. All these transactions reflect a shared confidence among Lakeland's leadership.
Stock Performance and Market Context
Lakeland Industries has a 52-week range between $7.15 and $18.00. Currently, the stock trades near its 50-day moving average of $11.34. This insider buying comes as the company navigates a challenging revenue growth period, having reported a revenue decrease of 4.5% recently.
Analysts Set New Price Targets
On September 14, 2026, DA Davidson maintained a 'Buy' rating on Lakeland Industries with a price target of $15.00, down from a previous target of $18.00. This rating reflects analysts' belief in the company's potential, even amid recent revenue challenges.
What Lakeland Industries, Inc. Does
Lakeland Industries, Inc. manufactures protective clothing and accessories for industrial and first responder markets. The company's products include firefighter gear and chemical protective suits, serving a diverse range of industries from oil to pharmaceuticals.
What’s Next for Lakeland Industries
Investors will be looking ahead to the next earnings report on December 9, 2026. As this insider activity unfolds, it’s important to keep in mind that the recent Form 4 filings reflect past transactions and may not represent current positions.
Related Filing Alerts
Source: Nikki Hamblin's Form 4 filing on $LAKE (Jun 16, 2026). Find the original filing: LAKE Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts