Lakeland Industries (LAKE) Insider Mcateer Buys 10,574 Shares

On June 16, 2026, Thomas Mcateer, an insider at Lakeland Industries, Inc. (NasdaqGM: LAKE), purchased 10,574 shares of the company. This insider buying action was not part of a prearranged plan and highlights personal investment in the company's future.

Insider Buying and Selling at Lakeland Industries, Inc.

Several insiders, including Thomas Mcateer, made significant purchases of Lakeland Industries shares on June 16, 2026. Mcateer acquired 10,574 shares, while other insiders such as Martin Glavin, Lee Rudow, Melissa Kidd, Jeffrey Schlarbaum, and Ronald Herring Jr. each bought 7,553 shares. These transactions were not planned under Rule 10b5-1.

Other Institutional Activity in Lakeland Industries

Institutional investors have also been active 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, bringing their total to 1,213,422 shares worth about $9.94 million. Pacific Ridge Capital Partners, LLC grew its position by 156,966 shares, resulting in 928,981 shares valued at $7.61 million. Meanwhile, Dimensional Fund Advisors LP reduced its stake by 100,858 shares, leaving them with 329,144 shares valued at $2.70 million.

Lakeland Industries, Inc. Stock Up 0.1%

Shares of NasdaqGM:LAKE recently traded around $10.42. The company has a market capitalization of $102.8 million and a forward P/E ratio of 18.12. With a beta of 1.458, the stock has shown volatility. It has traded between a 52-week low of $7.15 and a high of $18.00. The 50-day moving average is $10.09, while the 200-day moving average is $11.55. Lakeland Industries maintains a strong current ratio of 3.089, with a quick ratio of 1.277 and a debt-to-equity ratio of 31.651.

Analysts Set New Price Targets

On June 11, 2026, DA Davidson maintained a buy rating on Lakeland Industries with a price target of $18.00. Previously, on April 20, 2026, they upgraded the stock to a buy with a $14.00 target. Lake Street has consistently maintained a buy rating, setting targets of $13.00 and $16.00 in April 2026. The overall analyst consensus remains strong buy, with a target mean price of $16.50 based on four analyst opinions.

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 apparel and chemical protective suits. It serves various industries, such as oil, chemical, automotive, and pharmaceuticals, through a network of distributors and independent sales representatives. With operations spanning the U.S., Europe, and Asia, Lakeland Industries employs around 2,570 people under the leadership of CEO James M. Jenkins.

Bottom Line

Thomas Mcateer's recent share purchase in Lakeland Industries suggests confidence in the company's potential. The stock, with its considerable market presence and analyst support, remains a point of interest for investors. As always, insider transactions like these are disclosed after the fact and provide insight into insider sentiment.