Melissa Kidd Purchases Shares in Lakeland Industries, Inc.
Insider Melissa Kidd acquired 7,553 shares of Lakeland Industries on June 16, 2026.
Key Points
- Melissa Kidd purchased 7,553 shares of Lakeland Industries, Inc. (LAKE) on June 16, 2026.
- Lakeland Industries trades on NasdaqGM at $10.42 with a market cap of $102.8 million and a forward P/E of 18.12.
- DA Davidson maintained a 'buy' rating for LAKE with an $18 target, while other insiders also bought shares recently.
Melissa Kidd recently acquired 7,553 shares of Lakeland Industries, Inc. (NASDAQ: LAKE) on June 16, 2026. This insider purchase adds to the company's overall investor confidence as shares traded at $10.42 at the time.
Insider Buying and Selling at Lakeland Industries, Inc.
Melissa Kidd wasn't the only insider buying shares of Lakeland Industries on June 16. Other insiders, including Thomas McAteer, Martin Glavin, Lee Rudow, Jeffrey Schlarbaum, and Ronald Herring Jr., each purchased 7,553 shares. These transactions were not part of any pre-planned trading programs, indicating direct interest in the company's prospects.
Other Institutional Activity in Lakeland Industries
Several institutional investors have also adjusted their positions in Lakeland Industries. Private Capital Management, LLC increased its holdings by 305,790 shares, reaching a total of 1,508,223 shares valued at approximately $12.35 million. Royce & Associates LP added 62,799 shares, taking its total to 1,213,422 shares worth around $9.94 million. Pacific Ridge Capital Partners, LLC boosted its stake by 156,966 shares, now holding 928,981 shares valued at $7.61 million. In contrast, Dimensional Fund Advisors LP reduced its holdings by 100,858 shares, leaving it with 329,144 shares valued at $2.70 million.
Lakeland Industries Stock Snapshot
Lakeland Industries, Inc. trades on the NasdaqGM under the ticker LAKE. The company has a market cap of about $102.8 million and a forward P/E ratio of 18.12. With a beta of 1.458, the stock shows moderate volatility compared to the market. Over the past 52 weeks, it has traded between $7.15 and $18.00. The stock's 50-day moving average is $10.09, while the 200-day moving average is $11.55. Lakeland Industries maintains a current ratio of 3.09 and a quick ratio of 1.28, with a debt-to-equity ratio of 31.65.
Analysts Set New Price Targets
On June 11, 2026, DA Davidson maintained its 'buy' rating for Lakeland Industries with a price target of $18. Earlier this year, Lake Street also maintained a 'buy' rating with a target of $16. The consensus among analysts is a 'strong buy' with an average target price of $16.50, based on four analyst opinions.
About Lakeland Industries, Inc.
Lakeland Industries, Inc. manufactures and sells protective clothing and accessories for industrial and first responder markets. Its products include firefighter apparel, chemical protective suits, and disposable protective clothing, serving industries like oil, chemical, automotive, and utilities. Headquartered in Huntsville, Alabama, the company operates globally with a workforce of 2,570 employees.
Bottom Line
The recent insider purchases by Melissa Kidd and others highlight growing interest in Lakeland Industries. Investors often track insider buying as a signal of confidence in a company's future. While these transactions may offer insights, it's important to remember that they reflect past actions and may not indicate current positions. As always, investors should consider a range of information when evaluating stock opportunities.
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.
