Lakeland Industries, Inc. (LAKE): Among Stocks Insiders Were Buying In Q1 2025

Yahoo

01-04-2025

We recently published a list of . In this article, we are going to take a look at where Lakeland Industries, Inc. (NASDAQ:LAKE) stands against other stocks insiders were buying in Q1 2025.
About 30 minutes before the market closed Monday, the broader market index was up 0.3%, while the blue-chip companies gained 0.9%. Meanwhile, the Nasdaq Composite dropped 0.5%. Some stocks were recovering from Friday losses after inflation data came in higher than expected, coupled with weak consumer sentiment, which heightened concerns about the U.S. economy's stability, according to Investopedia.
As investors react to daily market changes, ongoing uncertainty continues to affect the market. During such times, insider trading often garners attention, as executive purchases of company stock can signal optimism about the company's prospects. However, insider sales do not always indicate a lack of confidence—they may be influenced by personal financial reasons or a need for diversification. Executives often follow pre-arranged plans, like 10b5-1, to ensure transparency. While insider trading can offer valuable insights, it should be considered alongside a company's financial health, market conditions, and industry shifts.
What are some of the stocks insiders have been buying the most in the first quarter of the year? To find out, we used Insider Monkey's insider trading stock screener, focusing only on stocks where at least five insiders had purchased shares in January, February, and March. From there, we ranked the 20 stocks with the highest number of insiders purchasing shares.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points ().
With each stock, we note the average price per share of these purchases and the stock's market capitalization.
A woman working on a sewing machine, producing a lab coat.
Market Cap: $192.44 million
Number of insiders buying: 7
Lakeland Industries is a global manufacturer of protective clothing for industries, healthcare, and first responders. The company provides a wide range of protective gear for sectors like automotive, construction, healthcare, and government agencies, including law enforcement and the Department of Defense. In December, Lakeland acquired Veridian, a firefighter apparel provider, in an all-cash deal valued at $25 million.
In January, seven insiders, including the company's president and CEO, and CFO, purchased approximately $297,174 worth of Lakeland shares at an average price of $22.18 per share. Year-to-date, the stock is down 20.92%, trading at $20.20 per share. However, over the past 12 months, Lakeland shares returned 13.38% to its investors.
In February, the company's board of directors declared a cash dividend for its fiscal first quarter of 2026 of $0.03 per share.
Four analysts rate Lakeland stock as a 'Buy' with a price target of $28.25, reports MarketBeat. The average price target suggests a 39.47% upside from the latest price.
Overall, LAKE ranks 17th on our list of stocks insiders were buying in Q1 2025. While we acknowledge the potential of LAKE our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LAKE but that trades at less than 5 times its earnings, check out our report about the .
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Disclosure: None. This article is originally published at Insider Monkey.