Lakeland Industries, Inc. (NASDAQ:LAKE) Secures Significant Contract and Sees Insider Buying

Font: Financial Modeling Prep  • Dec 19, 2025

• Lakeland Industries, Inc. (NASDAQ:LAKE) secures a significant contract with Argentina's National Civil Aviation Administration (ANAC), highlighting its strong presence in the safety equipment sector.
• Jenkins James M., the director, President, CEO, and Executive Chair of LAKE, demonstrates confidence in the company by purchasing 1,265 shares, increasing his total holdings to 93,438 shares.
• The stock price of LAKE shows a slight decrease to $7.94, amidst volatility in its market performance over the past year, with a high of $27.28 and a low of $7.77.

Lakeland Industries, Inc. (NASDAQ:LAKE) is renowned for its comprehensive range of fire and safety equipment, including products like Eagle Structural Suits, Veridian Boots, and Pacific Fire Helmets. The company recently secured a significant contract with Argentina's National Civil Aviation Administration (ANAC), showcasing its strong presence in the safety equipment sector.

On December 19, 2025, Jenkins James M., the director, President, CEO, and Executive Chair of LAKE, purchased 1,265 shares of the company's common stock at $7.92 per share. This transaction increased his total holdings to 93,438 shares. This move reflects confidence in the company's future, especially following the recent contract win with ANAC.

The stock for LAKE is currently priced at $7.94, showing a slight decrease of 3.87% or $0.32. Despite this, the stock has seen a daily range between $7.77 and $8.25. Over the past year, LAKE's stock has fluctuated significantly, with a high of $27.28 and a low of $7.77, indicating volatility in its market performance.

Lakeland's market capitalization is approximately $77.86 million, with a trading volume of 457,726 shares on the NASDAQ exchange. The recent contract with ANAC could potentially boost investor confidence and impact the stock's future performance positively, as highlighted by the company's comprehensive fire and safety portfolio.