Lawson Products Inc. (NASDAQ:LAWS) major shareholder Private Discipline Master Lkcm purchased 5,942 shares of the firm’s stock in a transaction that occurred on Thursday, September 15th. The stock was bought at an average price of $16.18 per share, with a total value of $96,141.56. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Private Discipline Master Lkcm also recently made the following trade(s):

  • On Tuesday, September 13th, Private Discipline Master Lkcm purchased 3,518 shares of Lawson Products stock. The stock was bought at an average price of $15.98 per share, with a total value of $56,217.64.
  • On Friday, September 9th, Private Discipline Master Lkcm purchased 26,116 shares of Lawson Products stock. The stock was bought at an average price of $15.93 per share, with a total value of $416,027.88.
  • On Friday, July 29th, Private Discipline Master Lkcm purchased 31,450 shares of Lawson Products stock. The stock was bought at an average price of $16.60 per share, with a total value of $522,070.00.

Shares of Lawson Products Inc. (NASDAQ:LAWS) opened at 16.88 on Monday. The company has a 50-day moving average price of $16.93 and a 200 day moving average price of $18.90. The stock’s market capitalization is $148.48 million. Lawson Products Inc. has a 52 week low of $15.23 and a 52 week high of $29.64.

Lawson Products (NASDAQ:LAWS) last released its earnings results on Thursday, July 21st. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by $0.12. The firm had revenue of $69.30 million for the quarter, compared to the consensus estimate of $71.18 million. Lawson Products had a positive return on equity of 0.10% and a negative net margin of 0.03%. Analysts forecast that Lawson Products Inc. will post $0.08 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on LAWS shares. Zacks Investment Research raised Lawson Products from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research note on Saturday, July 9th. Barrington Research downgraded Lawson Products from an “outperform” rating to a “market perform” rating in a research note on Friday, July 22nd.

Large investors have recently added to or reduced their stakes in the company. Nationwide Fund Advisors increased its stake in Lawson Products by 52.2% in the second quarter. Nationwide Fund Advisors now owns 7,838 shares of the company’s stock worth $156,000 after buying an additional 2,689 shares during the last quarter. Teachers Advisors Inc. increased its stake in Lawson Products by 13.2% in the second quarter. Teachers Advisors Inc. now owns 9,006 shares of the company’s stock worth $179,000 after buying an additional 1,051 shares during the last quarter. Menta Capital LLC increased its stake in Lawson Products by 2.6% in the first quarter. Menta Capital LLC now owns 11,467 shares of the company’s stock worth $225,000 after buying an additional 290 shares during the last quarter. California State Teachers Retirement System increased its stake in Lawson Products by 5.0% in the second quarter. California State Teachers Retirement System now owns 13,228 shares of the company’s stock worth $263,000 after buying an additional 626 shares during the last quarter. Finally, BlackRock Investment Management LLC increased its stake in Lawson Products by 12.9% in the second quarter. BlackRock Investment Management LLC now owns 23,350 shares of the company’s stock worth $464,000 after buying an additional 2,663 shares during the last quarter. Institutional investors own 62.92% of the company’s stock.

Lawson Products Company Profile

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.

5 Day Chart for NASDAQ:LAWS

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