Lakeland Financial SVP Donald Robinson-Gay sells $31,500 in stock By Investing.com

Donald Robinson-Gay, Senior Vice President at Lakeland Financial Corp (), sold 500 shares of the company’s common stock on August 5, 2026.

The shares were sold at a price of $63.00 per share, for a total transaction value of $31,500. Following this sale, Mr. Robinson-Gay directly holds 7,610 shares of Lakeland Financial common stock. The sale price was slightly above the current stock price of $62.28. The regional bank trades at a P/E ratio of 14.3 and offers a dividend yield of 3.3%. According to InvestingPro analysis, LKFN appears undervalued based on its Fair Value assessment, placing it among undervalued stocks worth monitoring. The company has maintained dividend payments for 32 consecutive years.

The transaction was reported in a Form 4 filing with the Securities and Exchange Commission, signed by Becka J. Turnbow, Attorney-in-Fact, on August 6, 2026.

In other recent news, Lakeland Financial Corporation reported its second-quarter earnings, revealing a mixed performance. The company posted adjusted earnings per share of $1.13, exceeding the analyst consensus of $1.08. However, its revenue of $70.9 million did not meet the analyst estimate of $72.25 million. These results highlight a positive earnings surprise but a shortfall in revenue expectations. The company’s stock remained stable in after-hours trading after the announcement. These developments are part of the company’s recent financial activities.

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