In a filing, Lakeland Industries, Inc revealed its President, CEO & Exec. Chair Jenkins James M. acquired Company’s shares for reported $25096.0 on Dec 30 ’24. In the deal valued at $25.35 per share,990 shares were bought. As a result of this transaction, Jenkins James M. now holds 990 shares worth roughly $25294.5.
Then, Hamblin Nikki bought 2,220 shares, generating $51,238 in total proceeds. Upon buying the shares at $23.08, the Director now owns 15,862 shares.
Before that, Jenkins James M. bought 2,085 shares. Lakeland Industries, Inc shares valued at $49,998 were divested by the President, CEO & Exec. Chair at a price of $23.98 per share. As a result of the transaction, Jenkins James M. now holds 75,728 shares, worth roughly $1.93 million.
Maxim Group initiated its Lakeland Industries, Inc [LAKE] rating to a Buy in a research note published on April 24, 2024; the price target was $22. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in early June with a ‘”a Buy”‘ rating. ROTH Capital started covering the stock on August 23, 2017. It rated LAKE as “a Buy”.
Price Performance Review of LAKE
On Tuesday, Lakeland Industries, Inc [NASDAQ:LAKE] saw its stock jump 0.20% to $25.55. Over the last five days, the stock has gained 11.09%. Lakeland Industries, Inc shares have risen nearly 37.81% since the year began. Nevertheless, the stocks have risen 37.81% over the past one year. While a 52-week high of $26.10 was reached on 08/19/24, a 52-week low of $15.10 was recorded on 04/16/24. SMA at 50 days reached $21.77, while 200 days put it at $20.64.
Levels Of Support And Resistance For LAKE Stock
The 24-hour chart illustrates a support level at 25.06, which if violated will result in even more drops to 24.58. On the upside, there is a resistance level at 25.84. A further resistance level may holdings at 26.14. The Relative Strength Index (RSI) on the 14-day chart is 72.00, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.63, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.27%. Stochastics %K at 91.42% indicates the stock is a selling.
How much short interest is there in Lakeland Industries, Inc?
A steep rise in short interest was recorded in Lakeland Industries, Inc stocks on 2024-11-15, growing by 0.12 million shares to a total of 0.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 83494.0 shares. There was a rise of 58.07%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 10, 2016 when Singular Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $17.50 price target.
