Today, the SVP, Strategy & Business Devel of Lincoln Electric Holdings (LECO), Geoffrey Allman, bought shares of LECO for $164K.
Following this transaction Geoffrey Allman’s holding in the company was increased by 31.56% to a total of $672.6K. Following Geoffrey Allman’s last LECO Buy transaction on March 06, 2019, the stock climbed by 7.2%.
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Based on Lincoln Electric Holdings’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $777 million and quarterly net profit of $85.45 million. In comparison, last year the company earned revenue of $737 million and had a net profit of $70.54 million. The company has a one-year high of $94.54 and a one-year low of $72.27. Currently, Lincoln Electric Holdings has an average volume of 348.14K.
In the last 30 days, insiders have sold $771.3K worth of LECO shares and purchased $621.2K worth of LECO shares. The insider sentiment on Lincoln Electric Holdings has been neutral according to 92 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
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