SCHEDULE: Wasatch Advisors Discloses 4.6% Passive Stake in Lakeland Industries
Beneficial Ownership Report
Wasatch Advisors LP has filed an amended Schedule 13G, reporting a 4.6% beneficial ownership stake in Lakeland Industries Inc. as of June 30, 2025.
Summary
- Wasatch Advisors LP, an investment adviser based in Salt Lake City, Delaware, filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership in Lakeland Industries Inc.
- Wasatch Advisors LP beneficially owns 438,644 shares of Lakeland Industries Inc. Common Stock.
- This ownership represents 4.6% of the class of securities.
- Wasatch Advisors LP holds sole voting power over 398,035 shares and sole dispositive power over 438,644 shares.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing the control of Lakeland Industries Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing disclosing a passive ownership stake, which is neutral in sentiment. It does not contain positive or negative financial news.
Future Outlook
NA
Management Comments
- Securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.
Industry Context
This filing reflects a standard disclosure by an investment adviser holding a significant, but passive, stake in a publicly traded company. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- The primary impact is on shareholders, as it discloses a significant, albeit passive, ownership stake by an institutional investor. This indicates an institutional investor's confidence in Lakeland Industries, but without intent to influence control.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement, indicating the beneficial ownership position. |
| 07/03/2025 | Date of signature by Mike Yeates, CEO of Wasatch Advisors LP. |
Keywords
Lakeland Industries Inc., Wasatch Advisors LP, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Passive Investment, SEC Filing
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