Lee Rudow Purchases Shares of Lakeland Industries
Lee Rudow acquired 7,553 shares of Lakeland Industries on June 16, 2026.
Key Points
- Lee Rudow bought 7,553 shares of Lakeland Industries, Inc. on June 16, 2026, with no transaction value disclosed.
- Shares of Lakeland Industries (NasdaqGM: LAKE) traded near $10.42, with a 52-week range of $7.15 to $18.00 and a market cap of about $102.8 million.
- DA Davidson maintained a 'buy' rating for Lakeland Industries with an $18.00 price target on June 11, 2026.
On June 16, 2026, insider Lee Rudow purchased 7,553 shares of Lakeland Industries, Inc. (NasdaqGM: LAKE). The transaction did not disclose a price or total value, but it adds to Rudow's holdings in the company.
Insider Buying and Selling at Lakeland Industries, Inc.
Several insiders, including Lee Rudow, acquired shares of Lakeland Industries on June 16, 2026. Each insider, including Thomas McAteer, Martin Glavin, Melissa Kidd, Jeffrey Schlarbaum, and Ronald Herring Jr., bought 7,553 shares. These transactions were not planned under Rule 10b5-1.
Other Institutional Activity in Lakeland Industries
Private Capital Management, LLC increased its stake in Lakeland Industries by 305,790 shares, holding a total of 1,508,223 shares valued at about $12.35 million. Royce & Associates LP added 62,799 shares, bringing its total to 1,213,422 shares worth approximately $9.94 million. Pacific Ridge Capital Partners, LLC also grew its position by 156,966 shares, ending with 928,981 shares valued at $7.61 million. On the other hand, BlackRock, Inc. slightly reduced its holdings by 5,241 shares, now holding 556,437 shares worth about $4.56 million.
Lakeland Industries Stock Snapshot
Shares of Lakeland Industries (NasdaqGM: LAKE) traded near $10.42. The company has a market cap of around $102.8 million and a forward P/E ratio of 18.12. Its beta is 1.458, indicating higher volatility compared to the market. The stock's 52-week range is between $7.15 and $18.00, with a 50-day moving average of $10.09 and a 200-day moving average of $11.55.
Recent Earnings
Lakeland Industries reported revenue of $193.3 million with a growth rate of 1.4%. However, the company has a net margin of -10.88% and a return on equity of -15.36%, indicating challenges in profitability. The next earnings report is expected on September 9, 2026.
Analysts Set New Price Targets
On June 11, 2026, DA Davidson maintained a 'buy' rating for Lakeland Industries with an $18.00 price target. The consensus among analysts is a 'strong buy', with a target mean price of $16.50 based on four opinions.
About Lakeland Industries
Lakeland Industries, Inc., based in Huntsville, Alabama, produces and sells protective clothing and accessories for industrial and first responder markets. The company offers a range of products, including firefighter apparel, chemical protective suits, and disposable protective clothing. It serves various industries, such as oil, automotive, and pharmaceuticals, through a network of distributors and sales teams. Lakeland Industries operates globally, including in the U.S., Europe, and Asia.
Bottom Line
Insider purchases like those by Lee Rudow are often watched by investors for potential signals of confidence in a company's future. Lakeland Industries continues to navigate its financial challenges, as reflected in its recent earnings. Meanwhile, analysts maintain a positive outlook with a strong buy consensus, pointing to potential future growth.
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.
