Lydall CEO Dale G. Barnhart Unloads 7,900 Shares (LDL)
Lydall (NYSE:LDL) CEO Dale G. Barnhart sold 7,900 shares of Lydall stock on the open market in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $27.23, for a total transaction of $215,117.00. Following the transaction, the chief executive officer now directly owns 249,999 shares in the company, valued at approximately $6,807,473. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Lydall (NYSE:LDL) traded up 3.25% during mid-day trading on Tuesday, hitting $28.60. The stock had a trading volume of 83,317 shares. Lydall has a 52-week low of $15.50 and a 52-week high of $29.66. The stock has a 50-day moving average of $26.74 and a 200-day moving average of $24.91. The company has a market cap of $488.0 million and a P/E ratio of 22.52.
Lydall (NYSE:LDL) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.26. Analysts expect that Lydall will post $1.65 EPS 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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