Lakeland Industries (LAKE) Insider Lee Rudow Buys 7,553 Shares
Lee Rudow bought 7,553 shares of Lakeland Industries on June 16, 2026, as several insiders also made similar purchases.
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Lee Rudow 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
- On June 16, 2026, Lee Rudow purchased 7,553 shares of Lakeland Industries, Inc. at a market price of $10.30 each, reflecting a total transaction value of about $77,700.
- The stock is currently trading at $10.30, which is close to its 52-week low of $7.15 and well below its 52-week high of $18.00.
- Analysts maintain a strong buy rating for Lakeland Industries, with a target price of $15.00, down from a previous target of $18.00.
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Insider Buying and Selling at Lakeland Industries, Inc.
On June 16, 2026, Lee Rudow bought 7,553 shares of Lakeland Industries, Inc. (LAKE) on the NasdaqGM. The shares were purchased at a market price of $10.30 each, amounting to a total transaction of about $77,700. This purchase is part of a broader trend, as several other insiders also acquired shares on the same day.
Who Else Is Buying?
On the same day, five other insiders made identical purchases of 7,553 shares each. Nikki Hamblin, Herring Ronald JR, Jeffrey Schlarbaum, Melissa Kidd, and Martin Glavin all bought shares, reflecting a strong commitment from the company's leadership. Additionally, Thomas Mcateer purchased 10,574 shares, further indicating confidence in the company's future prospects.
How Lakeland Industries, Inc. Stock Has Traded
Currently, Lakeland Industries shares are trading at $10.30, which is near the lower end of its 52-week range, with a low of $7.15 and a high of $18.00. The stock's performance is crucial as it reflects the market's sentiment towards the company amid recent insider buying activity.
Analysts Set New Price Targets
On September 14, 2026, DA Davidson maintained a "Buy" rating for Lakeland Industries, adjusting its price target to $15.00 from a previous target of $18.00. This rating is based on four analyst opinions, which suggest a consensus of optimism about the company's future despite recent challenges.
About Lakeland Industries
Lakeland Industries, Inc. manufactures protective clothing and accessories for various markets, including industrial and first responders. The company's products are essential for safety in high-risk environments, which makes insider buying a noteworthy indicator of confidence in its future performance.
What’s Next?
Investors will want to pay attention to Lakeland Industries' upcoming earnings report scheduled for December 9, 2026. The recent wave of insider purchases suggests that the leadership is optimistic about the company's trajectory. Remember, insider transactions can reflect confidence in the company's potential, but they do not guarantee future performance.
Related Filing Alerts
Source: Lee Rudow'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