Limbach (NASDAQ:LMB) Shares Gap Up Following Insider Buying Activity

Posted by Geri Gentry on Sep 16th, 2026

Limbach Holdings, Inc. (NASDAQ:LMB – Get Free Report) shares gapped up prior to trading on Wednesday following insider buying activity. The stock had previously closed at $50.52, but opened at $52.38. Limbach shares last traded at $52.9710, with a volume of 34,710 shares traded.

Specifically, Director Joshua Horowitz purchased 4,008 shares of the stock in a transaction on Tuesday, September 15th. The stock was bought at an average cost of $50.71 per share, for a total transaction of $203,245.68. Following the completion of the acquisition, the director directly owned 171,208 shares of the company’s stock, valued at $8,681,957.68. The trade was a 2.40% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joshua Horowitz purchased 2,600 shares of the company’s stock in a transaction dated Friday, September 11th. The shares were acquired at an average cost of $49.01 per share, for a total transaction of $127,426.00. Following the transaction, the director owned 167,200 shares of the company’s stock, valued at $8,194,472. This trade represents a 1.58% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In other Limbach news, Director Joshua Horowitz acquired 1,000 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were acquired at an average price of $49.59 per share, for a total transaction of $49,590.00. Following the acquisition, the director directly owned 43,785 shares of the company’s stock, valued at approximately $2,171,298.15. This trade represents a 2.34% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on LMB shares. Weiss Ratings reissued a “hold (c)” rating on shares of Limbach in a research note on Wednesday, August 5th. JPMorgan Chase & Co. lowered shares of Limbach from a “neutral” rating to an “underweight” rating and cut their price target for the company from $60.00 to $50.00 in a research note on Friday, August 21st. Stifel Nicolaus reduced their price target on shares of Limbach from $107.00 to $86.00 and set a “buy” rating for the company in a report on Monday, August 10th. Lake Street Capital increased their price objective on shares of Limbach from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, September 2nd. Finally, Royal Bank Of Canada set a $50.00 price objective on shares of Limbach in a report on Friday, August 21st. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $70.25.

Read Our Latest Stock Report on LMB

Limbach Stock Up 4.5%

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.49 and a quick ratio of 1.49. The company has a market capitalization of $629.73 million, a price-to-earnings ratio of 21.11 and a beta of 1.42. The firm has a 50-day moving average price of $57.29 and a two-hundred day moving average price of $73.16.

Limbach (NASDAQ:LMB – Get Free Report) last announced its earnings results on Tuesday, August 4th. The construction company reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.29). The firm had revenue of $173.46 million during the quarter, compared to analyst estimates of $177.33 million. Limbach had a net margin of 4.42% and a return on equity of 23.22%. As a group, sell-side analysts anticipate that Limbach Holdings, Inc. will post 4.29 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in LMB. BlackRock Inc. acquired a new position in shares of Limbach during the 2nd quarter worth approximately $75,410,000. Royce & Associates LP raised its stake in shares of Limbach by 83.7% during the 4th quarter. Royce & Associates LP now owns 335,663 shares of the construction company’s stock worth $26,131,000 after purchasing an additional 152,956 shares in the last quarter. UBS Group AG boosted its holdings in shares of Limbach by 23.7% in the 4th quarter. UBS Group AG now owns 60,874 shares of the construction company’s stock valued at $4,739,000 after buying an additional 11,644 shares during the last quarter. Granite Investment Partners LLC boosted its holdings in shares of Limbach by 20.3% in the 1st quarter. Granite Investment Partners LLC now owns 110,269 shares of the construction company’s stock valued at $8,606,000 after buying an additional 18,572 shares during the last quarter. Finally, Corient Private Wealth LP bought a new position in shares of Limbach in the second quarter valued at $1,781,000. Institutional investors and hedge funds own 55.85% of the company’s stock.

About Limbach

(Get Free Report)

Limbach Holdings, Inc (NASDAQ:LMB) provides building systems solutions and facility services for commercial, institutional, and industrial customers. Its services include the design, installation, maintenance, and operation of mechanical, electrical, plumbing, and heating, ventilation, and air-conditioning systems.

The company serves a range of end markets, including healthcare, education, commercial real estate, government, and manufacturing. Limbach also provides facility maintenance, energy-efficiency solutions, building automation, and other services intended to support the performance and ongoing operation of critical building infrastructure.

Limbach traces its roots to 1901 and is headquartered in Pittsburgh, Pennsylvania.