Private Discipline Master Lkcm Acquires 5,942 Shares of Lawson Products Inc. (LAWS) Stock

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Lawson Products Inc. (NASDAQ:LAWS) major shareholder Private Discipline Master Lkcm acquired 5,942 shares of the firm’s stock in a transaction dated Thursday, September 15th. The shares were purchased at an average price of $16.18 per share, for a total transaction of $96,141.56. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Private Discipline Master Lkcm also recently made the following trade(s):

On Tuesday, September 13th, Private Discipline Master Lkcm acquired 3,518 shares of Lawson Products stock. The shares were purchased at an average price of $15.98 per share, for a total transaction of $56,217.64.
On Friday, September 9th, Private Discipline Master Lkcm acquired 26,116 shares of Lawson Products stock. The shares were purchased at an average price of $15.93 per share, for a total transaction of $416,027.88.
On Friday, July 29th, Private Discipline Master Lkcm acquired 31,450 shares of Lawson Products stock. The shares were purchased at an average price of $16.60 per share, for a total transaction of $522,070.00.

Shares of Lawson Products Inc. (NASDAQ:LAWS) opened at 16.29 on Friday. The company’s market capitalization is $143.29 million. Lawson Products Inc. has a one year low of $15.23 and a one year high of $29.64. The firm has a 50-day moving average of $16.87 and a 200-day moving average of $18.86.

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Lawson Products (NASDAQ:LAWS) last issued its quarterly earnings results on Thursday, July 21st. The company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.14 by $0.12. Lawson Products had a negative net margin of 0.03% and a positive return on equity of 0.10%. The company had revenue of $69.30 million for the quarter, compared to analyst estimates of $71.18 million. Analysts forecast that Lawson Products Inc. will post $0.08 earnings per share for the current year.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Nationwide Fund Advisors raised its position in shares of Lawson Products by 52.2% in the second quarter. Nationwide Fund Advisors now owns 7,838 shares of the company’s stock worth $156,000 after buying an additional 2,689 shares during the last quarter. Teachers Advisors Inc. raised its position in shares of Lawson Products by 13.2% in the second quarter. Teachers Advisors Inc. now owns 9,006 shares of the company’s stock worth $179,000 after buying an additional 1,051 shares during the last quarter. Menta Capital LLC raised its position in shares of Lawson Products by 2.6% in the first quarter. Menta Capital LLC now owns 11,467 shares of the company’s stock worth $225,000 after buying an additional 290 shares during the last quarter. California State Teachers Retirement System raised its position in shares of Lawson Products by 5.0% in the second quarter. California State Teachers Retirement System now owns 13,228 shares of the company’s stock worth $263,000 after buying an additional 626 shares during the last quarter. Finally, BlackRock Investment Management LLC raised its position in shares of Lawson Products by 12.9% in the second quarter. BlackRock Investment Management LLC now owns 23,350 shares of the company’s stock worth $464,000 after buying an additional 2,663 shares during the last quarter. Institutional investors and hedge funds own 62.92% of the company’s stock.
Several analysts have recently commented on LAWS shares. Zacks Investment Research upgraded shares of Lawson Products from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research report on Saturday, July 9th. Barrington Research downgraded shares of Lawson Products from an “outperform” rating to a “market perform” rating in a research report on Friday, July 22nd.
Lawson Products Company Profile
Lawson Products, Inc is a distributor of products and services the industrial, commercial, institutional and government maintenance, repair and operations (MRO) market. The Company’s product categories include fastening systems, fluid power, specialty chemicals, cutting tools and abrasives, electrical, aftermarket automotive supplies, safety, welding and metal repair, and other.

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