In trading on Monday, shares of Lakeland Financial Corp (Symbol: LKFN) touched a new 52-week high of $78.61/share. That’s a 45.65% rise, or $24.64 per share from the 52-week low of $53.97 set back on 11/28/2023. That means at today’s intraday high, any investor who purchased LKFN stock any time over the past 52 weeks has an unrealized gain, including company insiders.
Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, LKFN has seen 2 different instances of insiders buying over the trailing six month period.
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 09/13/2024 | Stephanie R. Leniski | Senior Vice President | 4,500 | $65.04 | $292,680.00 |
| 11/08/2024 | Robert E. Bartels Jr. | Director | 802 | $72.32 | $58,000.64 |
The chart below shows where LKFN has traded over the past year, with the 50-day and 200-day moving averages included.
In afternoon trading on Monday, LKFN shares are changing hands at $77.02/share, slightly below the new 52-week high.
Ten Bargains You Can Buy Cheaper Than The Insiders Did »
Also see:
Philip Morris International DMA
NWS Next Dividend Date
PCAR YTD Return
