Today, the EVP & COO of Lakeland Financial Corp (LKFN), Michael Gavin, sold shares of LKFN for $227.2K.
Following Michael Gavin’s last LKFN Sell transaction on May 22, 2017, the stock climbed by 3.7%. In addition to Michael Gavin, one other LKFN executive reported Sell trades in the last month.
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Based on Lakeland Financial Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $63.83 million and quarterly net profit of $21.36 million. In comparison, last year the company earned revenue of $53.62 million and had a net profit of $11.63 million. LKFN’s market cap is $1.15B and the company has a P/E ratio of 14.62. Currently, Lakeland Financial Corp has an average volume of 45.33K.
The insider sentiment on Lakeland Financial Corp has been positive according to 59 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Michael Gavin’s trades have generated a -13.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Lakeland Financial Corp. is a bank holding company, which engages in the provision of banking products and services through its wholly-owned subsidiary Lake City Bank. It includes commercial and consumer banking services, trust and wealth management, brokerage, and treasury management commercial services.
