Clive Snowdon Acquires 5,825 Shares of LXFR
Clive Snowdon increased his stake in LXFR by buying 5,825 shares on June 11, 2026.
Key Points
- Clive Snowdon purchased 5,825 shares of LXFR on June 11, 2026, without a pre-arranged plan.
- LXFR's stock was trading at $18.08, with notable activity among institutional investors.
- Freedom Broker initiated coverage with a 'buy' rating and a $22 target on May 21, 2026.
Clive Snowdon recently increased his stake in LXFR by purchasing 5,825 shares on June 11, 2026. This transaction was not part of a pre-arranged trading plan.
Other Institutional Activity in LXFR
FMR LLC trimmed its holdings in LXFR by 8,100 shares, leaving it with 2,664,036 shares valued at about $32.45 million. BLACKROCK, INC. significantly cut its position by 1,443,873 shares, now holding 1,984,572 shares worth approximately $24.17 million. In contrast, ROYCE & ASSOCIATES LP added 9,688 shares, ending with 1,812,123 shares valued at $22.07 million. BANK OF AMERICA CORP /DE/ reduced its stake by 53,777 shares, holding 1,659,201 shares valued at $20.21 million. ARTISAN PARTNERS LIMITED PARTNERSHIP decreased its position by 195,885 shares, now holding 1,504,665 shares worth $18.33 million.
LXFR Stock Snapshot
Shares of LXFR traded at $18.08. The stock has seen various institutional movements, reflecting diverse strategies among large investors.
Insider Buying and Selling at LXFR
Alongside Clive Snowdon's purchase, several insiders were active on June 11, 2026. Lisa Trimberger bought 6,681 shares, Sylvia Ann Stein acquired 6,681 shares, and Patrick Mullen added 11,851 shares. Notably, these transactions were not part of any pre-arranged trading plans.
Analysts Set New Price Targets
On May 21, 2026, Freedom Broker initiated coverage of LXFR with a 'buy' rating and set a price target of $22. EF Hutton reiterated their 'buy' rating with a $25 target earlier in the year on March 2, 2023.
Bottom Line
Clive Snowdon's recent purchase of LXFR shares adds to the active insider trading landscape for the company. Investors often track such moves for potential insights into company prospects, though 13F filings and insider transactions are backward-looking and may not reflect current positions. LXFR continues to be a focal point for both institutional and individual investors, with varied analyst opinions shaping market expectations.
See Also
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