Insider Selling: David H. Williams Unloads 2,363 Shares of Lydall Stock (LDL)
Lydall (NYSE:LDL) Insider David H. Williams sold 2,363 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $28.50, for a total transaction of $67,345.50. Following the completion of the transaction, the insider now directly owns 33,790 shares of the company’s stock, valued at approximately $963,015. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Lydall (NYSE:LDL) traded up 4.97% on Wednesday, hitting $30.01. 164,171 shares of the company’s stock traded hands. Lydall has a one year low of $15.50 and a one year high of $29.66. The stock has a 50-day moving average of $26.82 and a 200-day moving average of $25.14. The company has a market cap of $512.1 million and a price-to-earnings ratio of 23.24.
Lydall (NYSE:LDL) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.64 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.38 by $0.26. On average, analysts predict that Lydall will post $1.65 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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