BRIGGS JAMES A

CFO James A Briggs buys 10,000 LFT shares at $1.61; third consecutive buy in 6 days as stock down 34.4% in 90 days

CFO James A Briggs purchased 10,000 shares at $1.61 on 2025-12-01, bringing his holdings to 61,950 shares, a 19.2% increase. This is his third open-market purchase at LFT within six days (prior buys on 2025-11-28 and 2025-11-26), and a cluster pattern showing 2 other insiders also bought within the past 14 days. The timing follows a significant decline: the stock is down 34.4% over 90 days and 47.4% from its 52-week high of $2.83, currently trading at $1.49. The company's fundamentals show a P/E of 7.84 with net income of $1,843,639.00, suggesting a valuation discount in absolute terms. The repeated accumulation during a sharp drawdown, combined with coordinated buying by other insiders, suggests opportunistic positioning at depressed price levels.

CFO James Briggs buys 3,200 shares of LFT at avg $1.61; 2 other insiders also bought within 14 days

CFO James Briggs made 2 separate purchases totaling 3,200 shares for $5,136.40, executed over two days at prices ($1.60 and $1.62) near current market levels of $1.63. His post-transaction holding of 51,950 shares represents a +6.6% increase in stake relative to his prior position of 48,750 shares. The purchase occurs while the stock is -42.4% from its 52-week high of $2.83 and has declined -27.2% over the trailing 90 days, though it has recovered +3.8% in the past 30 days. Notably, this filing is part of a cluster pattern in which 2 other insiders also purchased shares within the past 14 days. The company's P/E of 8.58 and modest market cap of $85.4M warrant evaluation of whether these concurrent insider accumulations reflect valuation-based opportunity or other considerations.