Peapod Lane Capital LLC acquired a new stake in shares of Lakeland Industries, Inc. (NASDAQ:LAKE – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 68,323 shares of the medical instruments supplier’s stock, valued at approximately $604,000. Peapod Lane Capital LLC owned 0.70% of Lakeland Industries at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in LAKE. Kennedy Capital Management LLC acquired a new position in shares of Lakeland Industries during the third quarter valued at about $2,287,000. Geode Capital Management LLC raised its holdings in shares of Lakeland Industries by 115.9% during the second quarter. Geode Capital Management LLC now owns 217,786 shares of the medical instruments supplier’s stock valued at $2,964,000 after purchasing an additional 116,901 shares during the period. Royce & Associates LP raised its holdings in shares of Lakeland Industries by 10.0% during the third quarter. Royce & Associates LP now owns 1,178,670 shares of the medical instruments supplier’s stock valued at $17,444,000 after purchasing an additional 107,100 shares during the period. UBS Group AG raised its holdings in shares of Lakeland Industries by 818.1% during the third quarter. UBS Group AG now owns 62,595 shares of the medical instruments supplier’s stock valued at $926,000 after purchasing an additional 55,777 shares during the period. Finally, Marshall Wace LLP raised its holdings in shares of Lakeland Industries by 419.4% during the second quarter. Marshall Wace LLP now owns 56,700 shares of the medical instruments supplier’s stock valued at $772,000 after purchasing an additional 45,783 shares during the period. Institutional investors and hedge funds own 71.69% of the company’s stock.
Lakeland Industries Trading Down 5.4%
LAKE opened at $10.15 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.53 and a quick ratio of 1.36. Lakeland Industries, Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $20.50. The firm has a market capitalization of $99.88 million, a PE ratio of -3.93 and a beta of 1.34. The company’s 50-day moving average is $9.00 and its 200 day moving average is $11.22.
Wall Street Analysts Forecast Growth
View Our Latest Report on LAKE
Lakeland Industries News Roundup
Here are the key news stories impacting Lakeland Industries this week:
- Positive Sentiment: DA Davidson upgraded LAKE to a Buy, which could support upside if investors focus on the firm’s growth outlook and valuation. Lakeland Industries (NASDAQ:LAKE) Raised to Buy at DA Davidson
- Neutral Sentiment: Multiple plaintiff law firms have issued deadline alerts (April 24) asking Lakeland investors to contact them about joining/leading a securities class action — procedural notices that increase headline volume but by themselves do not change the legal merits. Faruqi & Faruqi Deadline Reminder
- Negative Sentiment: A class action has been filed alleging Lakeland and certain officers violated federal securities laws for purchases between Dec. 1, 2023 and Dec. 9, 2025; such litigation raises legal costs, distracts management, and can pressure the stock. Bronstein, Gewirtz & Grossman: Class Action Filed
- Negative Sentiment: Analyst commentary and short reports highlight repeated misses (five consecutive quarters falling short of consensus) and a disconnect between management’s prior guidance and results—narratives fueling downgrades and selling pressure. Wall Street Downgrades — SueWallSt
- Negative Sentiment: Plaintiffs’ counsel points to a sharp miss vs. an $18M adjusted‑EBITDA promise for FY‑2025 (characterized as producing a large per‑share loss), strengthening the alleged misrepresentation claim. Levi & Korsinsky: EBITDA Promise vs Reality
Lakeland Industries Company Profile
Lakeland Industries, Inc (NASDAQ:LAKE) is a global provider of high-performance protective apparel and accessories designed to safeguard workers in industrial, healthcare, laboratory, and emergency response environments. The company’s expertise lies in producing garments that shield against chemical, biological, radiological, and thermal risks, supporting safety protocols in sectors such as oil and gas, petrochemicals, pharmaceuticals, and first responders.
The product portfolio encompasses both single-use and reusable solutions, including chemical protective coveralls, flame-resistant garments, arc flash clothing, medical isolation gowns, and cleanroom suits.
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