Lawson Products, Inc. (NASDAQ:LAWS) SVP Matthew Jay Brown sold 424 shares of Lawson Products stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $23.70, for a total transaction of $10,048.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Lawson Products, Inc. (NASDAQ:LAWS) traded down 1.28% during mid-day trading on Thursday, reaching $23.20. 11,398 shares of the company’s stock were exchanged. Lawson Products, Inc. has a 52-week low of $15.28 and a 52-week high of $28.10. The stock has a 50-day moving average price of $22.00 and a 200 day moving average price of $22.69. The company has a market cap of $205.88 million, a PE ratio of 39.06 and a beta of 1.47.

Lawson Products (NASDAQ:LAWS) last announced its quarterly earnings results on Thursday, July 27th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.10. Lawson Products had a return on equity of 2.54% and a net margin of 1.85%. The business had revenue of $75.01 million during the quarter, compared to the consensus estimate of $72.41 million. Equities analysts predict that Lawson Products, Inc. will post $0.54 earnings per share for the current fiscal year.

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Large investors have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new stake in shares of Lawson Products during the first quarter valued at about $132,000. Wells Fargo & Company MN increased its stake in shares of Lawson Products by 19.0% in the first quarter. Wells Fargo & Company MN now owns 6,253 shares of the industrial products company’s stock valued at $140,000 after buying an additional 1,000 shares in the last quarter. Cadence Capital Management LLC increased its stake in shares of Lawson Products by 177.8% in the first quarter. Cadence Capital Management LLC now owns 47,164 shares of the industrial products company’s stock valued at $1,059,000 after buying an additional 30,184 shares in the last quarter. Granahan Investment Management Inc. MA increased its stake in shares of Lawson Products by 4.0% in the first quarter. Granahan Investment Management Inc. MA now owns 338,763 shares of the industrial products company’s stock valued at $7,605,000 after buying an additional 13,080 shares in the last quarter. Finally, State Street Corp increased its stake in shares of Lawson Products by 10.5% in the fourth quarter. State Street Corp now owns 66,197 shares of the industrial products company’s stock valued at $1,575,000 after buying an additional 6,275 shares in the last quarter. 65.26% of the stock is owned by institutional investors and hedge funds.

LAWS has been the subject of a number of analyst reports. Zacks Investment Research cut shares of Lawson Products from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Barrington Research upgraded shares of Lawson Products from a “market perform” rating to an “outperform” rating and set a $25.00 target price for the company in a research note on Friday, April 21st. Finally, ValuEngine upgraded shares of Lawson Products from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd.

About Lawson Products

Lawson Products, Inc is a distributor of products and services the industrial, commercial, institutional and government maintenance, repair and operations (MRO) market. The Company’s product categories include fastening systems, fluid power, specialty chemicals, cutting tools and abrasives, electrical, aftermarket automotive supplies, safety, welding and metal repair, and other.

Insider Buying and Selling by Quarter for Lawson Products (NASDAQ:LAWS)

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