The Ex.VP; Pres., Americas Welding of Lincoln Electric Holdings (NASDAQ: LECO) is Buying Shares

By Carrie Williams

Today, the Ex.VP; Pres., Americas Welding of Lincoln Electric Holdings (LECOResearch Report), George D. Blankenship, bought shares of LECO for $3.27M.

This recent transaction increases George D. Blankenship’s holding in the company by 267.31% to a total of $4.96 million. Following George D. Blankenship’s last LECO Buy transaction on October 26, 2016, the stock climbed by 18.4%.

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The company has a one-year high of $97.93 and a one-year low of $72.27. LECO’s market cap is $5.07B and the company has a P/E ratio of 16.90. Currently, Lincoln Electric Holdings has an average volume of 130.45K.

In the last 30 days, insiders have sold $4.41M worth of LECO shares and purchased $3.27M worth of LECO shares.

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Lincoln Electric Holdings, Inc. engages in the manufacture of arc welding equipment, consumable welding products and other welding and cutting products. Its welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes.