Lawson Products, Inc. (NASDAQ:LAWS) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 28,500 shares, a growth of 8.4% from the January 15th total of 26,300 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 17,700 shares, the days-to-cover ratio is currently 1.6 days.

In related news, CEO Michael G. Decata acquired 1,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were bought at an average price of $47.50 per share, with a total value of $47,500.00. Following the completion of the acquisition, the chief executive officer now owns 35,910 shares in the company, valued at $1,705,725. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Manik Gupta sold 3,444 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $28.15, for a total transaction of $96,948.60. 51.90% of the stock is owned by insiders.

Institutional investors have recently made changes to their positions in the company. California Public Employees Retirement System increased its holdings in shares of Lawson Products by 4.0% in the 3rd quarter. California Public Employees Retirement System now owns 9,603 shares of the industrial products company’s stock valued at $372,000 after acquiring an additional 373 shares during the period. Wedge Capital Management L L P NC acquired a new position in shares of Lawson Products in the 4th quarter valued at $683,000. Tower Research Capital LLC TRC acquired a new position in shares of Lawson Products in the 3rd quarter valued at $55,000. Morgan Stanley increased its holdings in shares of Lawson Products by 53.9% in the 2nd quarter. Morgan Stanley now owns 2,082 shares of the industrial products company’s stock valued at $76,000 after acquiring an additional 729 shares during the period. Finally, Squarepoint Ops LLC increased its holdings in shares of Lawson Products by 132.2% in the 3rd quarter. Squarepoint Ops LLC now owns 24,677 shares of the industrial products company’s stock valued at $956,000 after acquiring an additional 14,051 shares during the period. 84.95% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have weighed in on the stock. BidaskClub cut shares of Lawson Products from a “hold” rating to a “sell” rating in a report on Wednesday, February 5th. Zacks Investment Research cut shares of Lawson Products from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 14th. ValuEngine cut shares of Lawson Products from a “hold” rating to a “sell” rating in a report on Wednesday, January 29th. Finally, Barrington Research raised their price objective on shares of Lawson Products from $44.00 to $52.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $56.50.

LAWS stock traded down $0.95 during midday trading on Friday, reaching $47.50. 11,320 shares of the company were exchanged, compared to its average volume of 14,762. The stock’s 50-day simple moving average is $51.72 and its 200 day simple moving average is $45.69. The company has a market cap of $442.72 million, a price-to-earnings ratio of 34.67, a price-to-earnings-growth ratio of 1.30 and a beta of 1.09. Lawson Products has a 1-year low of $28.62 and a 1-year high of $58.28. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.98 and a current ratio of 1.89.

About Lawson Products

Lawson Products, Inc distributes products and services to the industrial, commercial, institutional, and government maintenance, repair, and operations marketplace in the United States, Puerto Rico, Canada, Mexico, and the Caribbean. It operates in two segments, Lawson and Bolt. The company's products include fastening systems, fluid power products, specialty chemicals, cutting tools and abrasives, electrical products, aftermarket automotive supplies, safety products, welding and metal repair products, and other products.

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