13FPulse
LM

LMAT LEMAITRE VASCULAR INC

2026Q2 · CUSIP 525558201 · Sector: Healthcare & Biotech

Exiting + falling

Funds leaving and price falling — historically weak for the next six months

Funds that own it
319
Institutions that reported holding it to the SEC
Net decrease in holders
19
Last quarter 338 → now 319
How unusual is that
Bottom 20%
Stronger than only 7% of US stocks
What the filings say, in one paragraph

319 funds held LMAT at the end of 2026Q2, down 19 from the quarter before. Buying is stronger than only 7.2% of US stocks, and the price fell over the same quarter — funds leaving and price weakness at the same time. On the business itself, revenue over the last 12 months was $262M(YoY +11.8%), the P/E is 28.6x, return on equity is 15.6%. LMAT has had 14 buying rushes in its history, and the price moved +7.8% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=31 2013Q4: holders=44 2014Q1: holders=44 2014Q2: holders=42 2014Q3: holders=41 2014Q4: holders=47 2015Q1: holders=50 2015Q2: holders=75 2015Q3: holders=85 2015Q4: holders=92 2016Q1: holders=95 2016Q2: holders=98 2016Q3: holders=110 2016Q4: holders=112 2017Q1: holders=114 2017Q2: holders=143 2017Q3: holders=148 2017Q4: holders=142 2018Q1: holders=154 2018Q2: holders=165 2018Q3: holders=156 2018Q4: holders=136 2019Q1: holders=154 2019Q2: holders=151 2019Q3: holders=147 2019Q4: holders=166 2020Q1: holders=143 2020Q2: holders=146 2020Q3: holders=140 2020Q4: holders=178 2021Q1: holders=178 2021Q2: holders=184 2021Q3: holders=194 2021Q4: holders=181 2022Q1: holders=181 2022Q2: holders=178 2022Q3: holders=190 2022Q4: holders=182 2023Q1: holders=185 2023Q2: holders=212 2023Q3: holders=220 2023Q4: holders=226 2024Q1: holders=246 2024Q2: holders=263 2024Q3: holders=290 2024Q4: holders=309 2025Q1: holders=287 2025Q2: holders=283 2025Q3: holders=298 2025Q4: holders=297 2026Q1: holders=338 2026Q2: holders=319 -41 -20.5 +0 +20.5 +41 27191355 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 14 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 10%
2024Q3 Top 20% -3.7% -23.1%
2024Q2 Top 20% +19.8% +21.9%
2024Q1 Top 20% +9.2% +30.3%
2023Q2 Top 10% -6.5% +11.8%
2022Q3 Top 20% +10.8% +37.7%
2021Q3 Top 20% -20.6% -18.1%
2020Q4 Top 20% +1.0% +13.7%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
152
Change in large funds
-1
Total value they hold
$2.2B
Funds buying for the first time
40
Funds that sold out entirely
59
Price change that quarter
-18.8%
Funds holding puts (bearish)
1
Funds holding calls (bullish)
1

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
28.6
EPS (TTM)
$2.86
EPS YoY
+39.5%
Revenue (TTM)
$0.3B
Revenue YoY
+11.8%
Net margin
25.0%
ROE
15.6%
Debt ratio
34.4%
FCF (TTM)
$74M
Dividend (TTM)
$0.90
Quarterly Revenue & EPS
2021-09-30: EPS 0.30 2021-12-31: EPS 0.28 2022-03-31: EPS 0.27 2022-06-30: EPS 0.16 2022-09-30: EPS 0.25 2022-12-31: EPS 0.25 2023-03-31: EPS 0.27 2023-06-30: EPS 0.36 2023-09-30: EPS 0.33 2023-12-31: EPS 0.38 2024-03-31: EPS 0.44 2024-06-30: EPS 0.52 2024-09-30: EPS 0.49 2024-12-31: EPS 0.48 2025-03-31: EPS 0.48 2025-06-30: EPS 0.60 2025-09-30: EPS 0.75 2025-12-31: EPS 0.69 2026-03-31: EPS 0.68 2026-06-30: EPS 0.74 0M 35M 70M $M 0.00 0.41 0.83 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 46 26 48 70 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-1M13M26M 20162017201820192020202120222023202420252026
Latest quarter $12M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.