Published on 6 Feb 2024 on GuruFocus.com via Yahoo Finance
Private Capital Increases Stake in Lakeland Industries Inc
On December 31, 2023, Private Capital (Trades, Portfolio) made a notable addition to its investment portfolio by acquiring 22,994 shares of Lakeland Industries Inc (NASDAQ:LAKE), a leading manufacturer of safety garments. This transaction increased the firm's total holdings in LAKE to 1,261,080 shares, marking a significant trade impact of 0.05% on the portfolio. The shares were purchased at a price of $18.54 each, reflecting Private Capital (Trades, Portfolio)'s confidence in the stock's value. This move adjusted the firm's position in LAKE to 2.77% of its portfolio, with a substantial 17.12% ownership of the company's outstanding shares.
Private Capital (Trades, Portfolio)'s Investment Strategy
Warning! GuruFocus has detected 5 Warning Signs with LAKE.