Insider Sale: President Kristin Pruitt Sells 12,000 Shares of Lakeland Financial Corp (LKFN)

GuruFocus.com08-27

On August 26, 2024, Kristin Pruitt, President of Lakeland Financial Corp (NASDAQ:LKFN), executed a sale of 12,000 shares of the company at a price of $67.06 per share. This transaction was filed on ...

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This transaction was filed on ...</p>\n\n<a href=\"https://finance.yahoo.com/news/insider-sale-president-kristin-pruitt-190104854.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://finance.yahoo.com/news/insider-sale-president-kristin-pruitt-190104854.html","article_id":"2462940751","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Lnp7lFusZTQ04N22a..ewQ--~B/aD04Njt3PTUwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/us.finance.gurufocus/2c8a450c83e715e94fd0646f55b029f5"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2462940751","pubTimestamp":1724698864,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"On August 26, 2024, Kristin Pruitt, President of Lakeland Financial Corp , executed a sale of 12,000 shares of the company at a price of $67.06 per share. This transaction was filed on the same day with the SEC. Following this sale, the insider now owns 10,252 shares of Lakeland Financial Corp.Lakeland Financial Corp, based in Warsaw, Indiana, operates as the bank holding company for Lake City Bank which provides various commercial and retail banking, wealth advisory, and investment management services in Indiana.Over the past year, the insider has sold a total of 12,000 shares and has not made any purchases. The broader insider transaction trend at Lakeland Financial Corp shows a predominance of selling activities, with 16 insider sells and only 3 insider buys over the last year.The shares of Lakeland Financial Corp were trading at $67.06 on the day of the sale, giving the company a market cap of approximately $1.72 billion. The price-earnings ratio of the stock stands at 17.20, which","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","LKFN":"莱克兰金融"},"translate_title":"内幕出售：总裁Kristin Pruitt出售12,000股Lakeland Financial Corp(LKFN)股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LKFN":1},"content_text":"On August 26, 2024, Kristin Pruitt, President of Lakeland Financial Corp (NASDAQ:LKFN), executed a sale of 12,000 shares of the company at a price of $67.06 per share. This transaction was filed on the same day with the SEC. Following this sale, the insider now owns 10,252 shares of Lakeland Financial Corp.\n\nLakeland Financial Corp, based in Warsaw, Indiana, operates as the bank holding company for Lake City Bank which provides various commercial and retail banking, wealth advisory, and investment management services in Indiana.\nOver the past year, the insider has sold a total of 12,000 shares and has not made any purchases. The broader insider transaction trend at Lakeland Financial Corp shows a predominance of selling activities, with 16 insider sells and only 3 insider buys over the last year.\nThe shares of Lakeland Financial Corp were trading at $67.06 on the day of the sale, giving the company a market cap of approximately $1.72 billion. The price-earnings ratio of the stock stands at 17.20, which is above the industry median of 10.33.\nAccording to the GF Value, which is an intrinsic value estimate from GuruFocus, Lakeland Financial Corp is considered Fairly Valued with a GF Value of $74.04. The price-to-GF-Value ratio is 0.91, suggesting that the stock is trading at a fair value.\n\n\nThis insider sale could be of interest to investors tracking insider behaviors and evaluating the stocks valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow alongside historical trading multiples and future business performance estimates.\nThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on \nGuruFocus.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2462940751"}