Bargain hunters should note significant insider buying activity, which can be an indicator of stock performance. On Monday, James M. Jenkins, President, CEO, and Executive Chair of Lakeland Industries, purchased 1,127 shares of LAKE for a total of $10,003, at $8.88 per share. Following the purchase, the stock saw a high of $9.39 during the trading session, although it was down about 2.4% on Wednesday. This latest buy adds to Jenkins’ previous investments, totaling $73,081 at an average share price of $14.72 over the past year.
On Tuesday, Utz Brands EVP and Chief Legal Officer Theresa Robbins Shea bought 702 shares of UTZ for $6,922, at $9.86 per share. Before this transaction, Shea had invested a total of $49,938 in the stock over the last year, averaging $12.33 per share. On Wednesday, Utz Brands was trading slightly down by 0.1%.
