$LNDC Landec Corp ranked positive on April 16th 2021

$LNDC Landec Corp ranked positive on April 16th 2021

Landec Corp – (LNDC, +1) – The company reported Q3 results on April 7th, and a week later a cluster of 4 insiders made purchases. Nelson Obus (Director since 2018) purchased $2.4 million worth of shares, indirect for Wynnefield Captial, taking his holdings to 3.1m shares (10% of the company). This is his largest open market purchase since joining the board. James Hall (Lifecore-President since 2017) made his first purchase, spending $106,000, increasing his holdings by 35%. Albert Bolles (CEO since 2019, joined 2014) purchased 9,000 shares at $10.61, and combined with his January purchase of a similar amount has spent $205,000 recently at this price level. John Morberg (CFO since 2021) purchased 4,000 shares at $10.41, and with his February purchase has now spent $150,000 since joining the company. This is a solid cluster of buyers.

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