The EVP, Finance of Lincoln Electric Holdings (NASDAQ: LECO) is Buying Shares

By Carrie Williams

Yesterday, the EVP, Finance of Lincoln Electric Holdings (LECOResearch Report), Gabriel Bruno, bought shares of LECO for $295.2K.

This recent transaction increases Gabriel Bruno’s holding in the company by 21.04% to a total of $1.51 million. This is Bruno’s first Buy trade following 6 Sell transactions.

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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 337.60K. LECO’s market cap is $5.52B and the company has a P/E ratio of 18.10.

In the last 30 days, insiders have sold $1.25M worth of LECO shares and purchased $916.4K 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 slightly higher than the average sentiment of company insiders in this sector.

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