Lamar Advertising Co

LAMR

Exchange: Nasdaq
Industry: Real Estate Investment Trusts
SEC CIK: 0001090425

SEC filings (opens in a new tab)

In the last 90 days, Lamar Advertising Co insiders filed 0 open-market purchases and 2 sales; 783 institutions reported holding it in 13F filings for Q2 2026, worth $13.4B in total; superinvestors Markel Group and Gardner Russo & Quinn hold it.

Key figures

Market capNo recent share count in SEC filings: –
Insider buysOpen market, last 90 days: 0
Insider sellsLast 90 days, $2.40M in total: 2
13F holdersQ2 2026, +90 vs. previous quarter: 783
13F valueReported value at the end of Q2 2026: $13.4B
Superinvestors holdingAt the end of Q2 2026: 2

Price chart

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Financials

See financial statements

From SEC filings, in USD.

Revenue, FY2025: $2.27B; +2.7% year over year
Net income, FY2025: $587.2M; +62.3% year over year
Free cash flow, FY2025: $683.2M; −8.7% year over year
Revenue, Q2 FY2026: $616.7M; +6.5% year over year

Revenue flow, FY2025

Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.

Short interest

See short data

From FINRA, settlement date Oct 30, 2026.

Short interest: 2.93M; Shares sold short
Change: −229.4K; −7.3% vs. previous
Days to cover: 5.58; At average daily volume

Superinvestors holding LAMR, Q2 2026

Go to the superinvestors tab

2 superinvestors report holding Lamar Advertising Co on Form 13F. Percentages are the stock's share of each portfolio.

Markel Group

Tom Gayner

0.2%

Lamar Advertising Co's share of the portfolio

Shares: 193,000
Value: $30.1M

Gardner Russo & Quinn

Tom Russo

<0.1%

Lamar Advertising Co's share of the portfolio

Shares: 5,368
Value: $837.3K

Latest insider trades

See all insider trades

Open-market purchases and sales by Lamar Advertising Co insiders from Form 4, newest first.

Insider trades
Filed (ET)	Trade date	Filing delay	Insider	Transaction	Shares	Avg price	Value	Holding change	Flags
Nov 10, 2026 (view filing)4:08 PM ET	Nov 9	1 day	Johnson Jay LeCoryelleCFO, Treasurer, EVP	SSaleClass A Common Stock	−7.60K	$156.92	−$1.19M	−100.0%0 after	2 lots
Sep 16, 2026 (view filing)7:54 PM ET	Sep 14	2 days	Reifenheiser Thomas VDirector	SSaleClass A Common Stock	−8.10K	$149.03	−$1.21M	−18.2%36.4K after
May 12, 2026 (view filing)	May 11	1 day	Johnson Jay LeCoryelleCFO, Treasurer, EVP	SSaleClass A Common Stock	−10.0K	$157.02	−$1.57M	−100.0%0 after
Mar 25, 2026 (view filing)	Mar 23	2 days	Reilly Ross LamarEVP, President, Outdoor Div	SSaleClass A Common Stock	−5.97K	$128.65	−$767.9K	−27.4%15.8K after
Mar 6, 2026 (view filing)	Mar 5	1 day	Johnson Jay LeCoryelleCFO, Treasurer, EVP	SSaleClass A Common Stock	−1.26K	$137.56	−$173.3K	−100.0%0 after
Aug 25, 2025 (view filing)	Aug 22	3 days	Johnson Jay LeCoryelleCFO, Treasurer, EVP	SSaleClass A Common Stock	−15.3K	$124.22	−$1.90M	−100.0%0 after	2 lots
Aug 25, 2025 (view filing)	Aug 22	3 days	Johnson Jay LeCoryelleCFO, Treasurer, EVP	SSaleClass A Common Stockl	−6.70K	$124.44	−$833.7K	−48.3%7.18K after
Feb 24, 2025 (view filing)	Feb 24	Same day	Fletcher NancyDirector	PPurchaseClass A Common Stock	+235	$123.18	+$28.9K	+4.3%5.72K after
May 13, 2024 (view filing)	May 10	3 days	Koerner John E IIIDirector	SSaleClass A Common Stock	−17.0K	$120.05	−$2.04M	−34.6%32.2K after	2 lots
Mar 8, 2024 (view filing)	Mar 7	1 day	Johnson Jay LeCoryelleCFO, Treasurer, EVP	SSaleClass A Common Stock	−5.00K	$118.97	−$594.9K	−33.3%10.0K after

Top 10 13F holders, Q2 2026

See all 783 holders

The largest institutional positions in Lamar Advertising Co at the end of Q2 2026; share changes are against Q1 2026.

Institutions holding LAMR in Q2 2026
Institution	Shares	Value	% of portfolio	Change in shares	Action
BlackRock, Inc.	9,614,182	$1.50B	0.02%	−368,095−3.7%	Reduced
Vanguard Portfolio Management LLC	7,506,411	$1.17B	0.05%	+21,344+0.3%	Added
Vanguard Capital Management LLC	3,927,671	$612.6M	0.01%	+29,579+0.8%	Added
FMR LLC	3,170,047	$494.5M	0.02%	−633,106−16.6%	Reduced
Geode Capital Management, LLC	2,807,453	$438.0M	0.02%	+273,859+10.8%	Added
State Street Corp	2,728,605	$425.6M	0.01%	+49,632+1.9%	Added
Jupiter Topco LLC	2,724,525	$425.0M	0.17%	+2,724,525	New
Victory Capital Management Inc	2,342,304	$365.4M	0.20%	−568,149−19.5%	Reduced
Boston Partners	2,317,282	$361.5M	0.32%	+80,643+3.6%	Added
Wellington Management Group LLP	2,125,742	$331.6M	0.06%	+27,100+1.3%	Added

Holders of 5% or more of LAMR

See all 4 holders and filings

Holders whose latest Schedule 13D or 13G filing reports 5% or more of Lamar Advertising Co.

Largest holders of LAMR from 13D and 13G filings
Holder	Latest form	Stake	Change	First filed	Latest filing	Filing
Reilly Family, LLC	13G/A	11.70%11.8M shares	+0.20 ppfrom 11.50%	Feb 16, 20215 filings	Feb 13, 2026	SEC
BlackRock, Inc.	13G/A	11.30%9.81M shares	+1.00 ppfrom 10.30%	Feb 5, 20253 filings	Apr 28, 2026	SEC
Vanguard Portfolio Management LLC	13G	8.63%7.51M shares	New	Apr 29, 20261 filing	Apr 29, 2026	SEC
Vanguard Capital Management LLC	13G	5.24%4.56M shares	New	Apr 30, 20261 filing	Apr 30, 2026	SEC

Politician trades

All politician trades in LAMR

3 members of Congress reported 8 trades in Lamar Advertising Co since 2020. Newest filings:

Latest politician trades in LAMR
Filed	Politician	Type	Amount
Sep 10, 2026	Gilbert Ray Cisneros, Jr. House · CA	Sell (partial)	$15K-$50K
Sep 10, 2026	Gilbert Ray Cisneros, Jr. House · CA	Sell	$15K-$50K
Sep 10, 2026	Gilbert Ray Cisneros, Jr. House · CA	Sell (partial)	$15K-$50K
Sep 10, 2026	Gilbert Ray Cisneros, Jr. House · CA	Sell (partial)	$15K-$50K
Sep 4, 2026	Gilbert Ray Cisneros, Jr. House · CA	Sell (partial)	$1K-$15K

Gilbert Ray Cisneros, Jr.
House · CA · Sep 10, 2026
Sell (partial)$15K-$50K
Gilbert Ray Cisneros, Jr.
House · CA · Sep 10, 2026
Sell$15K-$50K
Gilbert Ray Cisneros, Jr.
House · CA · Sep 10, 2026
Sell (partial)$15K-$50K
Gilbert Ray Cisneros, Jr.
House · CA · Sep 10, 2026
Sell (partial)$15K-$50K
Gilbert Ray Cisneros, Jr.
House · CA · Sep 4, 2026
Sell (partial)$1K-$15K