Lydall CAO James V. Laughlan Sells 5,961 Shares (LDL)
Lydall (NYSE:LDL) CAO James V. Laughlan sold 5,961 shares of the company’s stock on the open market in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $27.60, for a total transaction of $164,523.60. Following the transaction, the chief accounting officer now directly owns 26,669 shares of the company’s stock, valued at approximately $736,064. The transaction was disclosed in a filing with the SEC, which is available at this link.
Separately, analysts at Sidoti initiated coverage on shares of Lydall in a research note on Monday, April 28th. They set a “buy” rating on the stock.
Lydall (NYSE:LDL) traded up 1.50% during mid-day trading on Monday, hitting $29.16. 17,086 shares of the company’s stock traded hands. Lydall has a 52-week low of $13.82 and a 52-week high of $29.66. The stock has a 50-day moving average of $25.68 and a 200-day moving average of $20.73. The company has a market cap of $496.2 million and a price-to-earnings ratio of 26.12.
Lydall (NYSE:LDL) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.19. On average, analysts predict that Lydall will post $1.39 earnings per share for the current fiscal year.
Lydall, Inc (NYSE:LDL) along with its subsidiaries, design and manufacture specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers, medical filtration media and devices and biopharmaceutical processing components for thermal/acoustical, filtration/separation and bio/medical applications.
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