Ronald Herring Purchases Lakeland Industries Shares
Ronald Herring acquired 7,553 shares of Lakeland Industries, Inc. on June 16, 2026.
Key Points
- Ronald Herring bought 7,553 shares of Lakeland Industries, Inc. (LAKE) on June 16, 2026.
- Lakeland Industries has a market cap of $102.8 million and a forward P/E of 18.12.
- Analysts like DA Davidson and Lake Street have maintained 'buy' ratings with targets up to $19.
On June 16, 2026, Ronald Herring, an insider at Lakeland Industries, Inc. (NasdaqGM: LAKE), purchased 7,553 shares of the company. The transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Lakeland Industries, Inc.
Several insiders, including Ronald Herring, bought shares of Lakeland Industries on June 16, 2026. Other insiders who made similar purchases include Thomas McAteer, Martin Glavin, Lee Rudow, Melissa Kidd, and Jeffrey Schlarbaum, each acquiring 7,553 shares.
Other Institutional Activity in Lakeland Industries
Private Capital Management, LLC increased its holdings by 305,790 shares, ending with 1,508,223 shares valued at approximately $12.35 million. Royce & Associates LP added 62,799 shares, now holding 1,213,422 shares worth about $9.94 million. Pacific Ridge Capital Partners, LLC grew its position by 156,966 shares to 928,981 shares, valued at $7.61 million. In contrast, BlackRock, Inc. reduced its stake by 5,241 shares to 556,437, worth $4.56 million. Dimensional Fund Advisors LP also decreased its holdings by 100,858 shares to 329,144 shares, valued at $2.70 million.
Lakeland Industries Stock Snapshot
Shares of Lakeland Industries are trading around $10.42. The company has a market cap of about $102.8 million and a forward P/E ratio of 18.12. The stock has a beta of 1.458, indicating it is more volatile than the market. Over the past 52 weeks, the stock has traded between $7.15 and $18.00. Its 50-day moving average is $10.09, while the 200-day moving average is $11.55.
Recent Earnings
Lakeland Industries reported revenue of $193.3 million with a slight growth of 1.4%. However, the company faced challenges with a net margin of -10.88% and a return on equity of -15.36%. The next earnings release is expected on September 9, 2026.
Analysts Set New Price Targets
On June 11, 2026, DA Davidson maintained a 'buy' rating on Lakeland Industries with an $18 price target. Earlier, on April 20, they upgraded the stock to 'buy' with a $14 target. Lake Street also maintained a 'buy' rating with a $13 target on April 17, 2026. Overall, the consensus recommendation is a 'strong buy' with a mean target price of $16.5 among four analysts.
About Lakeland Industries
Lakeland Industries, Inc., headquartered in Huntsville, Alabama, manufactures and sells protective clothing and accessories for industrial and first responder markets. The company offers a range of products, including firefighter protective apparel, chemical protective suits, and disposable protective clothing. Lakeland serves industries such as oil, chemical, automotive, and electronics, as well as government agencies. The company operates globally, including in the United States, Europe, and Asia.
Bottom Line
Insider buying by Ronald Herring and others at Lakeland Industries highlights ongoing interest in the company's stock. While the company faces profitability challenges, its market presence and analyst ratings suggest potential for future growth. Investors should note that insider transactions are disclosed after the fact and may not indicate current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.